Moki Doorstep Net Worth 2021

Moki Doorstep is a very popular and effective vehicle rooftop assistance device. The product is made up of aircraft grade metal and rubber. It is easy to install and carry. This device allows you to safely secure your car and rack to the roof.

When Alyssa Brown and her husband Zach Brown first created Moki Doorstep, they were both working in their professions. However, they wanted to get their invention out to the public. Seeing their wife’s difficulty using the car-top racks, they decided to create a product that would help other people like her. After developing the concept, they began their crowdfunding campaign on Kickstarter. They raised over $110,000, and then launched their marketing campaign on Shark Tank.

On Shark Tank, they pitched the idea of the Moki Doorstep to Mark Cuban, Daymond John, Kevin O’Leary, Lori Greiner, and Robert Harjavec. During the show, they were amazed by the ingenuity of the invention. In the end, they sold the company for $3 million.

Rightline Gear, a company that produces car carriers and roof racks, also worked with the couple. This company licensed the concept of the Moki Doorstep and helped them distribute the device across the country. Since the invention of the device, it has been sold to thousands of customers.

As of January 6, 2019, the market value of the Rightline Gear Moki Door Step is estimated at $3 million. In addition, the product has been given a rating of 4.6 stars from over 5,045 customer reviews.

Although the couple’s initial goal was to sell the product in the United States, they wanted to expand their business to other countries. The company already had licensing deals in place. Eventually, they partnered with MacNeill Pride Group, a publicly traded company that makes camping and sporting goods. For an undisclosed amount, the MacNeill Pride Group acquired Rightline Gear.

Despite a rough start, Moki Doorstep has been successful. The couple has received numerous epochal prizes from noble individuals and a number of prestigious universities. Their popularity has grown considerably in the past few years. Many people from different countries have been influenced by the innovative product.

At the time of their appearance on Shark Tank, the Moki Doorstep was valued at three million dollars. Initially, the couple was seeking $150,000 for 5% of their company. But then, they changed their request to $3 million for the entire company.

Originally, they were hoping to receive a licensing deal that would allow them to distribute the product to other parts of the world. However, the Sharks were less than enthusiastic about the idea. Several issues were raised, including the fact that the uncle of the owner of the product had a royalty agreement with his nephew. The Sharks did not approve of the deal, but they did not necessarily rule it out either.

Even though the Sharks were hesitant about the deal, they were interested in the invention. They saw that Moki Doorstep could become a very successful company.