Kreyòl Essence Net Worth 2024 Update (Before & After Shark Tank)
As of 2024, Kreyòl Essence thrives with a $5 million net worth and sales over $2 million.
Kreyòl Essence, founded by Yve-Car Momperousse and Stéphane Jean-Baptiste, appeared on Shark Tank in 2020, securing a $400,000 deal from Kevin O’Leary. Specializing in natural beauty products made from Haitian black castor oil, the company gained substantial visibility post-show.
Kreyòl Essence has raised over $10,000 in crowdfunding and expanded its product line to major retailers like Ulta and Whole Foods. As of 2024, the business is valued at approximately $5 million.
Its mission-driven approach to empowering Haitian farmers and producing eco-friendly products has garnered widespread recognition and fueled its steady growth.
- In 2023, Kreyòl Essence ranked 44th on Inc. Magazine’s list of the Southeast region’s fastest-growing private companies, with a two-year revenue growth of 540%
- Their products are now available in major retailers, including Whole Foods and Ulta Beauty, as well as online platforms like Amazon and their official website.
- Kreyòl Essence has been featured in publications such as Allure Magazine, Forbes, ET, and Cosmopolitan, highlighting their innovative approach and social impact.
Kreyòl Essence Net Worth
| Estimated Net worth | $5 million (2024) |
| Annual Sales Revenue | $4 million (2023) |
| Lifetime sales | Not available |
| Investor | Kevin O’Leary |
| Founders | Stephane Jean-Baptiste and Yve-Car Momperousse |
| Employees | 50 employees |
Kreyòl Essence Pitch on Shark Tank
| Company name | Kreyòl Essence |
| Product | Haitian castor oil beauty products |
| Episode | Season 11 Episode 11 |
| Founders | Stephane Jean-Baptiste and Yve-Car Momperousse |
| Asked for | $400,000 for 10% equity |
| Final deal | $400,000 for 5% equity |
| Sharks | Kevin O’Leary |
| Location | Miami, Florida |
Don’t miss these products from Season 11
Kreyòl Essence Founders
Kreyòl Essence was founded by Stephane Jean-Baptiste and Yve-Car Momperousse in 2013. Momperousse is a Haitian-American entrepreneur and social activist. She was born and raised in Haiti, and she immigrated to the United States in 2004. Jean-Baptiste is a Haitian-American businessman and engineer. He is the co-founder and COO of Kreyòl Essence. He is also the founder and CEO of Jean-Baptiste Engineering, a civil engineering firm. Kreyòl Essence’s founders, Stephane Jean-Baptiste and Yve-Car Momperousse, have an approximate net worth of $5 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2020 | Appeared on Shark Tank season 11 and Kevin O’Leary invested $400,000 for 5% equity. |
| 2021 | Kreyòl Essence recovered from the pandemic and continued to grow its revenue. |
| 2022 | Kreyòl Essence launched its own line of hair care products for children. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Kreyòl Essence and its continued success.
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