Mama O’s Premium Kimchi Update | Shark Tank Season 14

Based out of New York City, Mama O’s Premium Kimchi appeared on Season 14 of Shark Tank with the hope of receiving an investment of $200,000 dollars. Let’s see if the sharks are willing to make an investment in this successful kimchi brand. Once we cover the negotiations, stay tuned to read about the Mama O’s update.

Shark Tank Mama O’s Update

Mama O's update

  • Entrepreneurs: Mama O and Kheedim Oh
  • Business: Kimchi
  • Ask: $200,000 for 10% equity
  • Result:  No deal
  • Sharks: None

Mama O’s presented four different types of Kimchi to the sharks that their brand currently sells to customers.  The average cost for a bag is $3 dollars and is sold in stores for about $10 dollars per bag.

Mama O's, Kimchi Paste Super Spicy, 6 Ounce

Not many kimchi options without other unnecessary ingredients in it so Mama O decided to make her very own batches in the basement and then accidentally started a company! Mama O's Vegan Kimchi Paste is the perfect ready-to-use product to make your own kimchi at home or to enhance everyday dishes. Try this Super Spicy Paste to add extra heat to your food.

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The kits cost about twice as much, which comes out to about $20 dollars per unit. Most of the company’s sales come from Whole Foods, which they only recently got into before appearing on Shark Tank.

During the 2021 calendar year, Mama O’s generated just about $800,000 dollars in gross revenue. During 2022, they are projected to hit $1 million dollars. The net profits will be about 25% of the gross amount, which means Mama O’s should net a profit of $250,000 dollars at the conclusion of the 2022 calendar year.

Kevin O’Leary, Mark Cuban, and guest shark Kendra Scott couldn’t see themselves investing in this particular company, so they dropped out. Lori Greiner also decided that there was too much risk involved, so she had to drop out as well.

Daymond John was the final shark available to negotiate, but he decided to drop out without making an offer even though part of him wanted to invest.

Our Mama O’s update is important because even though this company did not receive a deal on Shark Tank, they received their fifteen minutes of fame. It wouldn’t be surprising for a lot of people to fall in love with Mama O, and for that reason, the future seems extremely bright.

A major boost in sales is likely to be expected from the appearance on Shark Tank, and their recent addition to Whole Foods should make for a great Mama O’s update in the near future! For now, you can learn more on the official website.

For more updates from Shark Tank Season 14 Episode 3, check the links below!

Don’t forget to check out our Season 14 products page too!