Moment Drink Shark Tank Update (Season 12)

Moments Drink is an all-natural, botanical beverage designed to enhance mind focus and provide stress relief. Drinking it can evoke a feeling akin to meditation.

This beverage is crafted from natural ingredients, including L-theanine and Ashwagandha, based on the principles of Ayurveda, which aims to promote overall well-being and address various health issues.

Moments Drink is healthy because it contains no harmful ingredients such as caffeine, added sugars, or artificial flavors. All components used in the drink are clean and beneficial, supported by extensive research and scientific evidence.

The drink is available in a variety of flavors, including blood orange, spiced mango, tulsi lemon, cherry hibiscus, blueberry ginger, hibiscus dragon fruit, kiwi chlorophyll, lychee mint, cherry Chaga, and orange thyme.

Company NameMoment Drink
FounderAisha Chottani and Faheem Fajee
Productall-natural, botanical beverage for mind, focus and stress relief
Asked For$200k for 10% Equity
Final DealNo Offer
SharkNo Shark
Episode (Shark Tank USA)S12 E6
Air DateNov 20, 2020
Business StatusIn Business
Net Worth$3.2 Million *estimated
WebsiteVisit Website
Social MediaLinkedin
PlaceNew York, United States

Who Is The Founder Of Moment Drink?

The founders of Moments Drink are Aisha Chottani and Faheem, with Aisha serving as the CFO and Faheem as the CEO. Together, they have conducted extensive research on hundreds of ingredients sourced from around the world.

In their kitchen, they mixed thousands of experimental batches, searching for a healthy, nutritious, and delicious formula, which they successfully developed through Moments Drink. This blend of natural ingredients is designed to enhance alpha brainwaves and reduce stress.

Faheem is a serial entrepreneur from South Africa. At just 10 years old, he started his first business selling T-shirts on the roadside. His most recent startup received funding from Google and was recognized as one of South Africa’s best startups.

He holds a Bachelor’s degree in Business Science with a focus on Economics, Statistics, and Finance from the University of Cape Town and is certified by the Chartered Financial Analyst Institute.

Aisha, who grew up in the Middle East of South Asia, has over 10 years of expertise in Supply Chain and Logistics. After spending two weeks in business in South Africa, she met Faheem and subsequently enrolled in MBA studies at Harvard Business School.

She earned her Bachelor’s degree in Finance, Economics, and Social Sciences from the Lahore University of Management Sciences in Pakistan.

Did Moment Get a Deal on Shark Tank?

The founders of Moment, Aisha and Faheem, delivered an impressive presentation on Shark Tank, seeking a $200,000 investment for 10% equity in their company.

When Moment first launched, it generated $15,000 in sales within its first month, representing an impressive growth rate of 400%. By 2020, the company had reached total sales of $1.5 million.

Aisha explained that they sell each can for $1.69, excluding shipping costs. The production cost per can is 90 cents, and they charge 80 cents for shipping. Additionally, the customer acquisition cost is $20.

Moment operates on both a subscription model and a one-time purchase basis.

Mark Cuban acknowledged their vision but expressed concerns about the challenges ahead, leading him to decline investment. Kevin O’Leary praised the drink after tasting it but felt unable to commit to an investment at that moment.

Lori Greiner indicated that she was not ready to support the subscription aspect of the business, which influenced her decision not to invest. Daymond John noted the company’s potential but also highlighted the challenges it would face, resulting in his exit from the deal.

Blake Mycoskie appreciated the charitable component of the business but believed that the drink could not replace traditional meditation or yoga practices.

Ultimately, Moment did not secure a deal on Shark Tank, despite being a successful company.

Moment Drink Shark Tank Update

Moment made a significant impact with its debut, achieving $1.5 million in sales within just one year, despite not securing funding from Shark Tank.

Following the airing of the episode, many consumers began purchasing Moment’s drink to try it for themselves. The promotion on national television greatly enhanced the company’s visibility, leading to increased recognition among the public.

After the Shark Tank episode aired, Moment was featured on various news channels. According to reports from July 2021, the company’s sales had surpassed $5 million.

Initially, Moment operated solely in the United States but is now expanding internationally.

Buy Moment Drink

What Is Moment Net Worth?

In 2021, Moment achieved sales of $5 million, and its net worth is now estimated at $3.2 million. The company is expanding its products internationally and aims to cover the entire United States in the near future.

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