What makes Hydroviv water filters unique compared to other brands? Hydroviv filters are customized to address the specific water contaminants found in the user’s local area. This means a filter in Houston will be different from one in Boston, as their water supplies have different impurities. They achieve this by analyzing public water quality reports and adjusting the filter media accordingly.
Summary
- Hydroviv, founded by Eric Roy, creates custom water filters tailored to local water conditions.
- Roy pitched on Shark Tank Season 10, seeking $400,000 for 10% equity.
- Mark Cuban offered $400,000 for 20%, which Roy initially accepted but the deal later fell through.
- Despite not securing the deal, Hydroviv saw increased sales after appearing on the show.
- As of August 2022, Hydroviv generates $2 million in annual revenue.
Hydroviv Shark Tank Update | Shark Tank Season 10
Hydroviv is a company that understands this need and offers a unique solution: custom-built water filters designed to tackle the specific contaminants found in your local water supply.
This means you get a filter perfectly tailored to your needs, ensuring the purest water possible right from your tap.
The Unique Proposition of Hydroviv Water Filters
What sets Hydroviv apart is its commitment to personalized filtration. Unlike standard filters that offer a one-size-fits-all approach, Hydroviv analyzes public water reports for your area and creates a filter with the right media to remove those exact impurities.
Whether it’s lead, chlorine, or other harmful substances, Hydroviv filters ensure your water is free from contaminants while preserving beneficial minerals like calcium and magnesium.
Hydroviv on Shark Tank Season 10
1. Eric Roy’s Pitch and Initial Ask
| Entrepreneurs | Eric Roy |
|---|---|
| Business | Hydroviv (Custom Water Filters) |
| Ask | $400,000 for 10% equity |
| Deal | $400,000 for 20% equity (Mark Cuban) |
| Sharks | Mark Cuban, Barbara Corcoran, Lori Greiner, Rohan Oza |
| Season – Episode | Season 10 – Episode 17 |
| Original Air Date | March 10, 2019 |
| Website | Hydroviv |
| Key Points of Pitch |
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| Why Sharks Accepted |
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2. The Sharks’ Concerns and Offers
While the Sharks were intrigued by Hydroviv’s unique selling point, they also raised some concerns.
These included the challenges of marketing a product that requires educating consumers about local water quality and competing with established brands.
Rohan Oza and Lori Greiner felt the market was too niche and opted out. Barbara Corcoran expressed reservations about Eric’s need for marketing assistance.
3. Mark Cuban’s Deal and Its Aftermath
Mark Cuban, however, saw the potential in Hydroviv’s personalized approach and offered Eric the requested $400,000 but for 20% equity.
Although Eric initially accepted, the deal ultimately fell through after further consideration. Despite this setback, Hydroviv benefited significantly from the exposure on Shark Tank.
Hydroviv Update: Where Are They Now?
1. Post-Shark Tank Sales Growth
Appearing on Shark Tank gave Hydroviv a major boost. Even though the deal with Mark Cuban didn’t work out, the national exposure introduced the brand to a much wider audience.
This led to a surge in website traffic and a significant increase in sales. Many people were drawn to Hydroviv’s unique approach to water filtration, recognizing the value of a filter customized to their local water conditions.
2. Annual Revenue and Company Success
Hydroviv continues to thrive. As of August 2022, the company generates $2 million in annual revenue. This success is a testament to the effectiveness of their product and their dedication to customer satisfaction.
Hydroviv has built a loyal customer base by providing high-quality, personalized water filtration solutions and excellent customer service.
3. The Impact of Not Closing the Deal
While not closing the deal with Mark Cuban might have seemed like a setback at the time, it ultimately didn’t hinder Hydroviv’s progress.
The company has continued to grow organically, focusing on its core strengths: product quality and customer relationships.
This demonstrates that with a solid business model and a strong product, success is possible even without a Shark’s investment.
Hydroviv’s Products and Services
1. Understanding the Customization Process
Hydroviv makes getting clean, customized water surprisingly easy.
Here’s how it works:
- Tell them your location: When you visit their website, you enter your zip code. This allows Hydroviv to access public water quality reports for your specific area.
- They analyze your water: Hydroviv’s team of experts then reviews the reports to identify the specific contaminants present in your water supply.
- A custom filter is created: Based on this analysis, they build a filter with the right combination of materials to remove those exact impurities. This ensures your water is perfectly filtered for your needs.
2. Cost of Filters and Subscription Options
Hydroviv offers a range of filters to fit different needs and budgets. Their standard filter for a kitchen sink costs $224.99. Replacement filters are priced at $65, or you can opt for a subscription service at $55 per filter.
This subscription ensures you always have a fresh filter delivered right to your door, so you never have to worry about your water quality.
The Importance of Addressing Local Water Conditions
1. Why Customized Filters Matter
Water quality can vary drastically from one location to another. A filter that works well in one city might not be effective in another.
This is why customized filters are so important. They ensure you’re protected from the specific contaminants present in your local water supply, giving you peace of mind about the water you drink.
2. Hydroviv’s Commitment to Water Quality
Hydroviv is more than just a filter company. They are committed to providing clean, safe drinking water for everyone.
This commitment is evident in their customized approach, their use of high-quality materials, and their dedication to customer satisfaction.
Hydroviv also demonstrates its commitment through its social impact initiatives, such as providing free filters to residents of Flint, Michigan.
Hydroviv’s Social Impact
1. The Flint, Michigan Initiative
Hydroviv’s commitment to social impact is deeply ingrained in its company culture. This was evident in their response to the Flint, Michigan water crisis.
When the crisis hit, Hydroviv stepped up to provide free water filters to residents affected by lead contamination.
This initiative helped ensure access to safe drinking water for vulnerable communities and demonstrated the company’s dedication to making a real difference.
2. Ongoing Efforts to Provide Clean Water
Hydroviv’s commitment to social responsibility extends beyond Flint. They continue to explore ways to make clean water accessible to everyone.
This includes partnering with non-profit organizations and participating in initiatives that promote water equity in underserved communities.
Hydroviv believes everyone deserves access to clean water, and they actively work towards that goal.
The Future of Customized Water Filtration
Hydroviv is at the forefront of a growing trend in water filtration: customization. As awareness of water quality issues increases, people are seeking more personalized solutions.
Hydroviv’s approach addresses this need by providing filters tailored to specific water conditions. This focus on customization is likely to shape the future of water filtration, with more companies offering solutions that cater to individual needs and local water quality concerns.
Hydroviv’s innovative model paves the way for a future where everyone can enjoy clean, safe, and personalized drinking water.
FAQs
How often do I need to replace my Hydroviv filter?
Hydroviv recommends replacing your filter every 6 months to ensure optimal performance. However, the actual lifespan may vary depending on your water usage and the quality of your local water supply.
Does Hydroviv offer filters for other uses besides kitchen sinks?
Yes, Hydroviv offers a variety of filters, including whole-house filters, shower filters, and filters for refrigerators and ice makers. You can explore their full range of products on their website.
Is Hydroviv more expensive than other water filter brands?
While the initial cost of a Hydroviv filter may be higher than some standard filters, the customized approach and high-quality materials offer long-term value. Plus, their subscription service can help you save money on replacement filters.
How do I know if Hydroviv delivers to my area?
Hydroviv currently delivers across the United States. You can enter your zip code on their website to confirm delivery availability.
What if I’m not satisfied with my Hydroviv filter?
Hydroviv offers a 30-day money-back guarantee. If you’re not happy with your purchase for any reason, you can return it for a full refund.
The Bottom Line
Hydroviv stands out in the water filtration market with its commitment to customization and social impact. By offering filters tailored to local water conditions, Hydroviv ensures you receive the purest, safest drinking water possible.
Their dedication to customer satisfaction and their efforts to provide clean water to underserved communities make them a company worth supporting. If you’re looking for a high-quality, personalized water filtration solution, Hydroviv is an excellent choice.
