Pho Licious Shark Tank Update

Pre-packaged authentic Vietnamese soup

DealNow:ThrivingFood & BeverageSeason 16, Episode 8TXby Joseph Trousdale, Anh TrousdaleWebsite

What Happened to Pho Licious After Shark Tank

Is Pho Licious still in business? Yes — still in business and thriving.

$5M

reported annual revenue

  • Deal closed: $500K for 15% equity with Kevin O'Leary
  • Revenue: $68K (2021), $438K (2022), $2.1M (2023)
  • Available in 133+ Sam's Clubs and 250 Walmart stores; Sam's Club adding another 107 clubs
  • Retail price $5.48/bowl; production cost $1.75; wholesale $3.89

Last verified Apr 5, 2026. Web-confirmed sources.

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The Pho Licious Shark Tank Pitch

Joseph Trousdale and Anh Trousdale pitched Pho Licious on Shark Tank Season 16, Episode 8, which aired Friday, January 17, 2025, asking for $500,000 for 10% of the company — a $5M valuation.

Kevin O'Leary agreed to invest $500,000 for 15% equity, valuing the company at $3.3M. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S16E8Jan 17, 2025
Ask
$500,000for 10%
Ask Valuation
$5M

Deal Terms

Amount
$500,000
Equity
15%
Valuation
$3.3M

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