Did FurZapper appear on Shark Tank Season 12? Yes, FurZapper did make an appearance on Shark Tank Season 12. The entrepreneurs behind the product successfully secured an investment from Lori Greiner.
Summary
- FurZapper, a laundry device designed to remove pet fur from clothes during washing, was featured on Shark Tank Season 12.
- The entrepreneurs sought $600,000 for a 10% stake in their company.
- They successfully secured a deal with Lori Greiner for $600,000 in exchange for a 15% equity share.
- The investment will likely help FurZapper expand its reach and production capabilities.
FurZapper Shark Tank Update | Shark Tank Season 12
What is FurZapper?
FurZapper is a simple yet ingenious solution for a common household problem: pet hair on laundry. It’s a reusable, silicone disc that you toss into your washing machine along with your clothes.
The disc’s unique texture attracts and traps pet fur, preventing it from clinging to your garments during the wash cycle.
The Problem it Solves
Anyone who shares their home with a furry friend knows the struggle of constantly battling pet hair.
It sticks to clothes, blankets, and upholstery, making it difficult to keep things looking clean and tidy.
FurZapper offers a convenient and effective way to tackle this issue, saving pet owners time and frustration.
The Shark Tank Appeal
FurZapper’s appeal on Shark Tank is multifaceted. It addresses a relatable problem with a straightforward solution, making it easy for viewers to grasp its value proposition.
The product’s simplicity also lends itself to compelling demonstrations, showcasing its effectiveness in a visually impactful way.
Moreover, the potential market for FurZapper is vast, encompassing millions of pet owners worldwide, making it an attractive investment opportunity for the Sharks.
FurZapper’s Shark Tank Pitch
| Entrepreneurs | Aaron Krause and Michael Swezey |
|---|---|
| Business | FurZapper |
| Ask | $600,000 for 10% equity |
| Deal | $600,000 for 15% equity |
| Sharks | Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec, Daymond John |
| Season | Season 12 |
| Original Air Date | March 19, 2021 |
| Website | FurZapper |
| Key Points of Pitch |
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| Why Sharks Accepted |
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1. The Ask
The entrepreneurs behind FurZapper entered the Shark Tank seeking $600,000 in exchange for a 10% stake in their company.
They were confident in their product and its potential for success, highlighting its impressive sales figures and positive customer feedback.
2. The Demonstration
The pitch included a live demonstration of FurZapper’s effectiveness. The entrepreneurs placed a FurZapper disc into a washing machine filled with clothes and pet fur.
After the wash cycle, they showcased the clothes, which were remarkably free of fur, while the disc was covered in the collected pet hair.
3. The Sharks’ Reactions
The Sharks were impressed by FurZapper’s simplicity and effectiveness. They acknowledged the widespread problem of pet hair and recognized the product’s potential to address it.
While some Sharks expressed concerns about the company’s valuation and competition, Lori Greiner, known for her expertise in product marketing, saw the product’s potential and ultimately made an offer.
The Deal
1. Lori Greiner’s Offer
Recognizing the potential of FurZapper, Lori Greiner stepped up with an offer. She proposed investing the full $600,000 that the entrepreneurs were seeking, but she wanted a larger stake in the company – 15% equity instead of the original 10%.
Lori’s offer reflected her belief in the product’s potential for significant growth and her confidence in her ability to guide its success.
2. Negotiations
The entrepreneurs were pleased with Lori’s interest but hesitant to give up more equity than they had initially planned. They countered with a proposal of 12.5% equity, hoping to find a middle ground.
However, Lori held firm on her 15% offer, emphasizing the value she would bring to the table through her experience and connections in the retail industry.
3. Final Agreement
After careful consideration, the entrepreneurs decided to accept Lori Greiner’s offer of $600,000 for 15% equity in FurZapper.
They recognized that Lori’s expertise and resources could be instrumental in taking their business to the next level. The deal was sealed with a handshake, marking the beginning of a promising partnership for FurZapper.
FurZapper After Shark Tank
1. Sales and Growth
Securing a deal with Lori Greiner on Shark Tank proved to be a turning point for FurZapper. The exposure and credibility gained from the show led to a significant surge in sales and brand recognition.
The company experienced rapid growth, expanding its reach to major retailers and online platforms.
1. Product Development
With increased resources and Lori’s guidance, FurZapper continued to innovate and improve its product line.
They introduced new variations of the FurZapper, catering to different washing machine types and customer preferences. This commitment to product development helped them stay ahead in a competitive market.
3. Customer Reviews
FurZapper has garnered largely positive reviews from customers. Pet owners praise its effectiveness in removing fur from laundry, its ease of use, and its reusability.
Many reviews highlight the time and effort saved by using FurZapper, making it a valuable addition to their laundry routine.
The Impact of the Shark Tank Appearance
The Shark Tank appearance undeniably catapulted FurZapper to new heights. The show provided invaluable exposure to millions of viewers, generating widespread interest and demand for the product.
Lori Greiner’s endorsement and investment further boosted the brand’s credibility and opened doors to new retail opportunities.
The experience also validated the entrepreneurs’ hard work and vision, inspiring them to continue pushing the boundaries of their business.
The Future of FurZapper
With its strong foundation and promising trajectory, the future looks bright for FurZapper. The company is well-positioned to continue its growth and expand its product offerings.
As more pet owners discover the convenience and effectiveness of FurZapper, its popularity is likely to soar even higher.
The Shark Tank success story of FurZapper serves as an inspiration to aspiring entrepreneurs, demonstrating the power of innovation, perseverance, and seizing the right opportunities.
It’s a reminder that with the right product and the right partnerships, even the most common household problems can lead to extraordinary business success.
FAQs
Where to buy FurZapper?
FurZapper is available for purchase on the official FurZapper website, as well as through major online retailers like Amazon and Walmart. It may also be found in select pet stores and home goods stores.
How to use FurZapper effectively?
Using FurZapper is simple. Just toss one or two discs into your washing machine along with your laundry. The discs will attract and trap pet fur during the wash cycle. After washing, remove the discs and discard the collected fur. The discs are reusable and can be used for multiple washes.
Is FurZapper safe for all washing machines?
Yes, FurZapper is designed to be safe for all types of washing machines, including high-efficiency (HE) models. The silicone material is gentle on fabrics and won’t damage your clothes or your washing machine.
The Bottom Line
FurZapper’s journey from a simple idea to a Shark Tank success story is a testament to the power of solving everyday problems with innovative solutions. The product’s effectiveness, coupled with the entrepreneurs’ passion and Lori Greiner’s expertise, has propelled FurZapper to remarkable heights.
For pet owners tired of battling pet hair on their laundry, FurZapper offers a practical and efficient solution. Its success story also serves as an inspiration for aspiring entrepreneurs, showcasing the potential rewards of pursuing your dreams and bringing valuable products to the market.
