What happened to Lovesync after appearing on Shark Tank Season 11? Lovesync, the “love making communication button and app” for couples, appeared on Shark Tank Season 11 seeking $100,000 for a 10% stake in their company. Unfortunately, they did not secure a deal with any of the Sharks. Despite the setback, the company continues to operate, selling their product online.

Lovesync Shark Tank Update | Shark Tank Season 11

What is Lovesync?

Lovesync is a unique product designed to help couples improve their communication about intimacy.

It consists of a physical button and a corresponding app that allows partners to discreetly signal their desire for intimacy to each other.

The idea is to remove the awkwardness or pressure that can sometimes surround initiating intimate moments.

Lovesync on Shark Tank

Lovesync’s founders, Ryan and Jenn Cmich, appeared on Season 11 of Shark Tank, hoping to secure an investment to help grow their business. Let’s take a closer look at their pitch and the Sharks’ reactions.

1. The Pitch

Entrepreneurs	Ryan and Jenn Cmich
Business	Lovesync – Intimacy communication device and app
Ask	$100,000 for 10% equity
Deal	No deal
Sharks	Mark Cuban, Kevin O’Leary, Lori Greiner, Daymond John, Robert Herjavec
Season	Season 11
Original Air Date	January 19, 2020
Website	Lovesync
Key Points of Pitch	Discreet way for couples to signal desire for intimacy Reduces pressure and awkwardness Potential for expanding features and uses
Why Sharks Declined	Concerns about market size and product necessity Questions about the long-term viability of the business model Some Sharks found the product concept to be awkward or unnecessary

2. The Sharks’ Response

The Sharks had mixed reactions to Lovesync. Some, like Lori Greiner, were intrigued by the product’s potential to help couples.

Others, like Kevin O’Leary, expressed skepticism about the need for such a device and questioned the overall market size.

There were concerns about whether Lovesync addressed a significant enough problem to warrant a substantial investment.

3. Why Didn’t They Get a Deal?

Ultimately, Lovesync did not secure a deal on Shark Tank. This was likely due to a combination of factors:

• Market Viability: The Sharks weren’t convinced that there was a large enough market for Lovesync. They questioned whether couples truly needed a device to communicate about intimacy.
• Product Necessity: Some Sharks felt that the product was solving a problem that didn’t really exist, or that could be addressed through open communication.
• Long-Term Vision: There were concerns about the long-term sustainability of the business and its ability to scale and compete in the market.

Despite not getting a deal, the Lovesync founders gained valuable exposure for their product. Their appearance on Shark Tank sparked conversations about communication and intimacy in relationships.

Lovesync After Shark Tank

Even though Lovesync didn’t get a deal on Shark Tank, the journey didn’t end there. The company continued to operate and adapt. Here’s a look at what they’ve been up to since their appearance on the show.

1. Current Status and Products

Lovesync is still in business! They continue to sell their original product, the Lovesync button and app. The button is a small, discreet device that can be kept on a nightstand or other convenient location.

When pressed, it sends a notification to the partner’s phone via the Lovesync app, signaling a desire for intimacy. This allows for a playful and pressure-free way to initiate intimate moments.

It seems Lovesync has streamlined their offerings since appearing on Shark Tank. They initially presented various button colors and subscription options, but they now focus on the core product: the button and app. This simplification likely helps them manage costs and streamline their marketing.

2. Where to Buy Lovesync

You can purchase the Lovesync button directly from their official website. The Lovesync app, which is necessary to use the button, is available for free on both the App Store and Google Play.

While Lovesync may not have achieved the explosive growth they hoped for after Shark Tank, they have persevered. They continue to offer a unique product for couples looking to enhance their communication and intimacy.

Lessons Learned

Lovesync’s Shark Tank experience provides valuable lessons for other entrepreneurs:

• Know your market: It’s crucial to deeply understand your target audience and demonstrate a clear need for your product.
• Focus on your core offering: Offering too many product variations or features can complicate your message and confuse potential investors.
• Be prepared for tough questions: The Sharks are known for their directness. Anticipate their concerns and have compelling answers ready.
• Don’t give up: Even without a Shark Tank deal, success is possible with perseverance and a strong belief in your product.

Lovesync’s story highlights the importance of market research, a clear value proposition, and resilience in the face of rejection.

The Future of Lovesync

While Lovesync may not be a household name, they continue to operate and serve couples looking to improve their intimate communication. Their future may involve:

• Product development: They could explore new features or variations of the Lovesync button and app to appeal to a wider audience.
• Marketing and outreach: Increased marketing efforts could help them reach more couples who might benefit from their product.
• Partnerships: Collaborating with relationship therapists or other relevant businesses could expand their reach and credibility.

Lovesync’s journey demonstrates that entrepreneurial success can take many forms. Even without the boost of a Shark Tank investment, they have carved out a niche in the market and continue to pursue their vision.

FAQs

Does Lovesync replace open communication about intimacy?

No, Lovesync is designed to be a tool to enhance communication, not replace it. Healthy relationships still require open and honest conversations.

What happens if only one person presses the button?

Nothing! The app only notifies both partners if both have indicated their interest within a set time frame. It’s all about mutual desire.

Is the Lovesync app free?

Yes, the app is available for free on both the App Store and Google Play. You only need to purchase the physical button.

Can I use Lovesync for other types of communication?

Currently, Lovesync is specifically designed for communicating about intimacy. However, the concept could potentially be adapted for other uses in the future.

The Bottom Line

Lovesync offers a unique approach to a common challenge in relationships: initiating intimacy. While their Shark Tank appearance didn’t result in a deal, the company continues to provide a product that encourages playfulness and reduces pressure for couples.

Whether Lovesync is the right tool for every couple is a personal decision. However, their story highlights the importance of innovation, resilience, and the ongoing pursuit of better communication in relationships.