What was the update on Calm Strips from Shark Tank Season 13? Calm Strips, the textured sensory adhesives designed to ease anxiety and fidgeting, successfully secured a deal with Robert Herjavec on Shark Tank Season 13. They received $250,000 in exchange for a royalty deal structure. The company has since expanded its reach into over 3,000 schools and continues to grow. They offer various bundle packs, including school packs, classroom packs, and aluminum keychain tags.
Summary
- Calm Strips secured a deal with Robert Herjavec on Shark Tank Season 13.
- The company has expanded into over 3,000 schools.
- They offer various bundle packs for different needs.
- Calm Strips continues to grow and help individuals manage anxiety.
Calm Strips Shark Tank Update | Shark Tank Season 13
What are Calm Strips?
Calm Strips are innovative sensory adhesives designed to alleviate anxiety and restlessness. These textured strips offer a tactile outlet for fidgeting, helping individuals focus and self-regulate.
Ideal for children and adults, Calm Strips are discreet, durable, and can be applied to various surfaces like laptops, phones, or desks.
The Shark Tank Pitch
| Entrepreneurs | Michael Malkin & Richard Grace |
|---|---|
| Business | Calm Strips |
| Ask | $250,000 for 10% |
| Deal | $250,000 for $2.50 per unit until $250K recouped, then $1.50 per unit until $750K is paid |
| Sharks | Robert Herjavec |
| Season | Season 13 |
| Original Air Date | October 22, 2021 |
| Website | Calm Strips |
| Key Points of Pitch |
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| Why Sharks Invested |
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The Shark Tank Deal
1. Investment Details
Calm Strips secured a $250,000 investment from Robert Herjavec in exchange for a unique royalty-based structure.
This deal allows Calm Strips to retain more equity while providing Herjavec with a return on his investment through royalties on each unit sold.
2. The Negotiation Process
The negotiation process was swift and focused on finding a mutually beneficial agreement.
The entrepreneurs were initially hesitant about giving up equity, but Herjavec’s royalty proposal addressed their concerns.
Both parties recognized the potential for growth and the importance of aligning their interests for long-term success.
Calm Strips After Shark Tank
1. Expansion into Schools
The Shark Tank appearance catapulted Calm Strips into the spotlight, particularly within the education sector.
Their presence rapidly expanded to over 3,000 schools, providing a valuable tool for students struggling with anxiety and focus.
This expansion not only increased sales but also solidified Calm Strips’ mission to help individuals manage stress and improve their overall well-being.
2. Product Line Growth
Following the Shark Tank success, Calm Strips diversified their product line to cater to various needs.
They introduced school packs, classroom packs, and aluminum keychain tags, offering greater accessibility and versatility to their customers.
This expansion demonstrates their commitment to innovation and meeting the diverse requirements of their user base.
3. Founder’s Journey
The founders of Calm Strips embarked on an inspiring entrepreneurial journey.
Their dedication to creating a product that genuinely helps people shines through their Shark Tank appearance and subsequent achievements.
Their story is a testament to the power of perseverance, innovation, and the ability to identify and address a widespread need.
Impact and Testimonials
1. User Experiences
Calm Strips have garnered widespread acclaim for their positive impact on users’ lives.
Many individuals have shared their experiences, highlighting how the strips have helped them manage anxiety, improve focus, and find comfort in stressful situations.
These testimonials underscore the effectiveness and practicality of Calm Strips as a stress-relief tool.
2. Reviews and Feedback
Calm Strips have received overwhelmingly positive reviews across various platforms. Users commend the product’s durability, discreetness, and effectiveness in reducing anxiety.
The versatility of the strips, suitable for both children and adults, further enhances their appeal.
Overall, the feedback reinforces the significant role Calm Strips play in promoting emotional well-being.
Where to Buy Calm Strips
1. Online Retailers
Calm Strips are readily available for purchase through their official website and various online retailers such as Amazon.
The official website offers a wide range of options, including individual strips, variety packs, and school/classroom packs.
These online platforms provide convenient access to Calm Strips for customers worldwide.
2. School and Classroom Packs
Recognizing the prevalence of anxiety among students, Calm Strips offers specialized school and classroom packs.
These packs are designed to cater to the needs of educational institutions, providing bulk quantities at discounted rates.
This initiative further emphasizes Calm Strips’ commitment to making their product accessible to those who need it most.
The Future of Calm Strips
1. Continued Growth
The future looks bright for Calm Strips. With their established presence in schools and a growing customer base, the company is poised for continued growth.
The increasing awareness of mental health and the need for effective stress-relief tools further solidifies their market potential.
As more individuals discover the benefits of Calm Strips, their reach and impact are expected to expand further.
2. Potential New Products
Building on their success, Calm Strips may explore the development of new products to cater to diverse needs.
This could include variations in textures, sizes, and designs, offering customers a wider range of options to choose from.
They might also consider incorporating additional sensory elements like aromatherapy or sound therapy to enhance the overall calming experience.
By staying innovative and responsive to customer feedback, Calm Strips can continue to evolve and remain a leader in the stress-relief market.
FAQs
What are the benefits of using Calm Strips?
Calm Strips offer a simple yet effective way to manage anxiety, fidgeting, and stress. They provide a tactile outlet for restless hands, promoting focus and relaxation. The gentle texture of the strips can have a soothing effect, helping individuals self-regulate and find calmness in challenging situations.
Are Calm Strips suitable for children?
Yes, Calm Strips are designed to be safe and suitable for both children and adults. They are a popular tool in schools, helping students manage anxiety and focus during class. The discreet nature of the strips makes them ideal for use in various settings without drawing attention.
How long do Calm Strips last?
Calm Strips are known for their durability. With proper care, they can last for weeks or even months. The adhesive is designed to be strong yet gentle on surfaces, allowing for multiple applications and removals without leaving residue.
The Bottom Line
Calm Strips have emerged as a game-changer in the realm of stress-relief and anxiety management. Their successful Shark Tank journey, coupled with their expanding product line and positive user feedback, underscores their effectiveness and potential for growth. By providing a simple and accessible solution to a widespread issue, Calm Strips have earned their place as a valuable tool for promoting emotional well-being in individuals of all ages.
