22 Most Successful Shark Tank Products Ever

Filed in Articles by on September 9, 2022 0 Comments
Shark Tank Products

Shark Tank is a business reality TV show that helps to provide basic insights to an entrepreneur on creativity, intelligence, aesthetic appealing proposals, and how to carry out negotiations effectively.  It has over 600 episodes on ABC’s premise and still counting.

Shark Tank has built a reputation for launching enterprises since its debut in 2009. Entrepreneurs can pitch their product ideas to a panel of investors at the show.

Are you then a fan or an entrepreneur seeking to catch up on your favorite TV show or you’re an entrepreneur seeking a new insight on creativity and proposal?

In this article, we shall consider the 22 most successful shark tank products ever! Keep reading to unravel more information.

22 Most Successful Shark Tank Products Ever

Below are some of Shark Tank’s most successful products.

1. THE COMFY

The comfy large microfiber hoodie-blanket was founded by Brian and Michael Speciale in 2017, and it’s available in all sorts of styles and designs, has inspired many copycat products since it appeared on the Shark Tank TV series Season 9, Episode 10. Comfy is one of the most successful items that came out through Shark Tank and it made business metric sales of over $250 million since it appeared on Shark Tank.

2. SCRUB DADDY

Scrub Daddy on Shark Tank Season 4, Episode 7, Aaron Krause invented a smile face sponge vessel in form of a smiling face for scrubbing utensils perfectly, of which he convinced Greiner to invest $200,000 on his invention. When rinsed in hot water it gets soft and becomes more firm when in cold water. In 2017, Krause sold over 10 million sponges and made a profit of $50 million in sales.

3. KODIAK CAKES

 It’s difficult to cut off the habit of reaching Bisquick pancake mix, yet Utah-based Kodiak Cakes is striving vigorously in that direction. The four-based mix was featured on the show in 2013 by Joel Clark who walked away empty-handed (He didn’t want to give up more 10% of his ownership). It supplies more whole grains and protein than your regular grocery stores can offer. 

The firm in 2017 recorded revenue of $54 million courtesy to the awareness and assistance of health-conscious crab lovers, which is now the fourth-largest pancake mix on shelves. You can as well find their premade waffles and pancakes in freezer aisles.

4. SQUATTY POTTY

Squatty Potty, creator Bobby Edwards is a plastic tool designed to be placed in front of your toilet to assist you with the emptying of the colon which was inspired by Judy, Bobby Edwards’ chronically constipated mother. It made an impact when it was featured in Season 6, Episode 9 of the show in 2014. After 24 hours of the show, the company sold over $1 million in merchandise, aside Greiner’s $500,000 investment. The company made sales of over $30 million in sales in 2016.

5. RING VIDEO DOORBELL

Is a hybrid ring that was recently sold at Amazon for $1.1 billion, however, in 2013 during an appearance the CEO James Siminoff faced a Shark panel who could barely keep their eyes open. Mark Cuban afterward stated that if he was given a chance he, he would decline the opportunity again, citing a high valuation as a stumbling block. Shaquille O’Neal reaped the benefit of the Amazon sales upon his willingness to be a pitchman for the production in 2016 in exchange for equity.

‍6. BOMBAS

The founders David Heath and Randy Goldberg in 2011 found that socks were one of the most demanded items at the homeless shelter. And that motivated them to create Bombas with the simple idea of making the perfect pair of socks, and donating a pair to an organization that helps homeless people every time one is purchased. Bombas caught the Sharks’ interest in season sixth of the show and the rest is history. Daymond John invested $200,000 for a 17.5 percent stake.

And now the brand has expanded into manufacturing shirts and underwear and it has made donations of over 50 million clothing items to homeless shelters. The most successful Shark Tank products are High-quality socks for men, women, and children, with over $225 million in sales. The features of these stocks are, a blister tab, extra-long staple cotton to keep the socks breathable, and increased cushioning.

7. TIPSY ELVES

Tipsy Elves is a brand offering ugly Christmas wears and other vacation apparel. The co-founders, Nick Morton and Evan Mendelsohn during a 2013 appearance managed convince Shark Robert Herjavec to invest $100,000 for a 10 percent stake in their business.

The company in 2015 sold over $10 million worth of ugly holiday sweaters on Amazon. Mendelsohn went to Panda Express three days before shooting the show, and found a curious prediction in his fortune cookie: “An investment opportunity will find you.”

8. PHONE SOAP

Phone Soap after the Covid-19 pandemic has become very popular. Wesley Laporte and Dan Barnes invented phone soap which is a combination of Smartphone charger and sterilizer that is used to kill 99.9% of bacteria and germs on your phone’s surfaces while it’s charging using a UV light. It was discovered that UV light is one of the ultraviolet spectrum that can kill germs effectively, which especially makes it useful during this period

9. SLEEP STYLER

This is a company that makes memory foam-based heat free hair rollers that can be in your hair overnight, and hence, it styles your hair and  keeps it healthy even while you’re asleep. Sleep Styler was founded by Tara Brown and was introduced in Season 8, Episode 19 of the Sharks TV series, of which over $100 million worth of Sleep Styler had been sold and Lori Greiner made an investment of $75,000 for a 25% stake in the company.

‍10. SAND CLOUD

Sand Cloud is a company established by; Brandon Leibel, Bruno Aschidamini, and Steven Ford in 2014, which manufactures lightweight beach towel from Turkish cotton. From the packaging to the product was designed with sustainability in mind, with the goal of saving marine life by donating 10% of sales to conservation. Robert Herjavec invested $200,000 in the company for a 15% stake in Season 8, Episode 18. The brand has become one of the fastest growing, privately owned companies  since the show,and made $6.8 million in revenue in 2018.

11. SAFE GRABS

Safe Grabs is meant for grabbing a hot bowl, hot cup, or soup from microwave, if you have ever burnt your hands while transferring a hot object then Save Grab is meant for you. It was invented by Cyndi Lee. This silicone mat is placed in the microwave, with the reheated dish on it. The mat serves as an insulating insulator for your hands from the steaming plate. Safe Grabs since its appearing on the show in 2016 have made over $5 million in sales, when Lori Greiner invested $75,000.

12. BOTTLE BREACHER

Eli and Jen Crane founded the Bottle Breacher, which was seen as a conversation starter, and was fashioned out of a decommissioned50-caliber bullet. Mark Cuban and Kevin O’Leary invested in 2014, and watched as sales increased from $150,000 to $15 million, of which a part of the revenue was directed to a variety of non-profit military groups.

13. EVERLYWELL

EverlyWell is an at-home sample collecting and lab testing kits. The company provides 35 different tests for various ailments including COVID-19. The kit is very easy to use; all that’s required is getting the package, some saliva or blood and submitting it to your doctor to review the test result.

 In Season 9, Episode 12 of Shark Tank Julia Cheeks invented EverlyWell, with the aim of transforming medical lab testing market, providing customers with easy-to-use and understandable test results.

 Lori Greiner offered 1 million dollars worth of shares the day she went on air and that singular move has rapidly increased the company’s worth and it climbed to the top of Shark Tank’s Best List by 2021. They are worth 2.9 billion dollars.

14. CHEF BIG SHAKE

Who doesn’t desire a juicy, tasty shrimp burger? Shawn Davis’ seafood proposal failed to attracts any financial investment of all the Sharks when he pitched it in 2012. Nevertheless, his Chef Big Shake banner grew from $30,000 to $5 million in sales due to an enlarged menu of chicken, popcorn, and other items. Davis originated the patty for his vegetarian daughter, who has ever since then returned to eating meat.

15. MISSION BELT

Instead of notches, the reinvented belt uses a release clasp to keep the strap tight around the waist. The mission belt comes in variety of styles and colors and it guarantees a perfect fit every time you use it. In 2012, this accessory caught the interest of Shark Daymond. The company’s co-founders Zac Holzapfel and Jeff Jensen donate $1from every belt sold to support microloans for small businesses in developing countries. The company have realizes over $25 million in sales.

16. BALA BANGLES

It’s a wrist weights that come in different colors, forms, and weights options. Natalie Holloway and Max Kislevitz are the founders of Bala Bangles decided to go into business with Maria Sharapova and Mark Cuban. Maria Sharapova and Mark Cuban invested $900,000 for a 30% stake in the company and since then they have increased their offering to include bars, beams, and more, yet the bangles remains most famous. Zoe Malin a shopping writer, called one of them shown on Shark Tank Season 11, Episode 13 as “the best wrist weights [she’s] ever worn.”

17. SIMPLY FIT BOARD

A simply fit board is an exercise board which looks like a skateboard without wheels, which is designed as a core balance gadget to help in developing abdominal muscles. The co-founders, Gloria Hoffman and Linda Clark in a 2015 appearance, persuaded Greiner that it was a worthwhile investment, but Greiner believed she needed to act quickly: without a patent, copycats would become a problem. Sales moved from $575,000 to $9 million in a matter of months, with its placement in Home Depot and Walmart.

18. GRACE AND LACE

Grace and lace is a woman’s clothing and Accessories Company. The company’s concentration was on lacy socks that combined perfectly with women’s boots at the time of their Shark Tank pitch in Season 5, Episode 10. , Rick and Melissa Hinnant’s women’s accessory business grew from $1 million to over $20 million in sales after its appearance in 2013 and Barbara Corcoran investment of $175,000.

19. COUSINS MAINE LOBSTER

Sabin Lomac and Jim Tselikis started their Cousins Maine Lobster food truck in Los Angeles in 2012, with the hope of bringing an authentic Maine lobster roll experience to the West Coast. Their achievement caught the interest of Shark Tank producers, who invited the two cousins on the show.

 Shark Barbara Corcoran invested a total of $55,000, which helped to facilitate the growing number of the trucks and led to total sales in excess of $20 million. Consumers who can’t access their vehicle reach could also place order for claw-snapping lobster from their website.

20. STASHER SILICONE REUSABLE STORAGE BAG

Stasher Silicone Reusable Storage Bag is robust and is alternatively perfect to single-use plastic sandwich bags. They are used as microwave, oven safe, dishwasher, as well as helping to reduce plastic waste. Mark Cuban invested $400,000 into the company for a 15% stake.

21. BLUE LAND THE CLEAN ESSENTIALS

Blue land the Clean Essentials is an eco-friendly cleaning goods company. Kevin O’Leary signed a deal of $270,000 with Blue land, for a 3% ownership in the company plus royalties till he received his money back. Clean Essentials includes four reusable bottles that can be refilled with eco-friendly tablets for hand soap, multi-surface cleaner, bathroom cleaner, and glass cleaner, are the most popular products.

22. INSTAFIRE

instaFire was created because not everyone learnt the importance of fire starting ability from childhood. This kits which contains volcanic rock, wood pellets, and paraffin wax, can ignite flame up to 16 inches high and can last up to 30 minutes. Mark Cuban and Lori Greiner In 2016 invested $300,000 into the company. InstaFire, after starting with $378,000 in sales previous to the show, is on track to sell $5 million in product in 2019. The company also planned to expand internationally, in distributing InstaFire-ready wood to reduce deforestation in poor countries.

CONCLUSION

Companies and entrepreneurs in previous years have launched their ideas to a board of sharks on ABC’s hit show Shark Tank. Products that successfully get to their audience are few of what can occur when investors find an idea they believe is worth investing in. The 22 most Successful Shark Tank Products Ever shows that entrepreneurs who are new in business still have opportunities with product proposals and capital from investors to pitch their effects on the show.

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Source: Sabonews.org

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