Did Mad Rabbit appear on Shark Tank Season 12? Yes, Mad Rabbit successfully pitched their tattoo aftercare lotion on Shark Tank Season 12 and secured an investment from Mark Cuban.
Summary
- Mad Rabbit, a company specializing in tattoo aftercare, appeared on Shark Tank Season 12.
- They sought $500,000 for 5% equity.
- Mark Cuban invested $500,000 for 12% equity.
- The company has likely experienced significant growth and success following their Shark Tank appearance.
Mad Rabbit Shark Tank Update | Shark Tank Season 12
In the heart of Shark Tank Season 12, a dynamic duo stepped into the limelight, ready to revolutionize the world of tattoo aftercare.
Oliver Zak and Selom Agbitor, the founders of Mad Rabbit, brought their passion and innovation to the tank, seeking an investment that would propel their brand to new heights.
Their journey was marked by determination, a compelling pitch, and ultimately, a successful deal that solidified their place in the Shark Tank hall of fame.
The Importance of Tattoo Aftercare
Tattoos are more than just ink on skin; they’re an expression of individuality, a story etched onto the body. But preserving the vibrancy and longevity of a tattoo requires diligent aftercare.
Traditionally, aftercare involved harsh chemicals and messy ointments that often did more harm than good.
Mad Rabbit recognized this gap in the market and set out to create a product that would not only protect tattoos but also enhance their beauty.
Mad Rabbit’s Shark Tank Pitch
1. The Pitch
| Entrepreneurs | Oliver Zak and Selom Agbitor |
|---|---|
| Business | Mad Rabbit |
| Ask | $500,000 for 5% equity |
| Deal | $500,000 for 12% equity |
| Sharks | Mark Cuban |
| Season | Season 12 |
| Original Air Date | March 19, 2021 |
| Website | Mad Rabbit |
| Key Points of Pitch |
|
| Why Sharks Accepted |
|
2. The Founders and Their Story
Oliver and Selom, college friends turned business partners, shared a common love for tattoos and a frustration with the lack of effective aftercare options.
They embarked on a mission to create a product that would nourish and protect tattoos, using only natural ingredients.
Their passion and dedication resonated with the Sharks, who saw their potential to disrupt the tattoo aftercare industry.
3. The Product and Its Benefits
Mad Rabbit’s flagship product is a tattoo balm formulated with natural ingredients like shea butter, cocoa butter, and essential oils.
The balm is designed to soothe, moisturize, and protect tattoos, preventing fading and promoting healing. Its gentle formula is suitable for all skin types and can be used on both new and old tattoos.
4. The Ask and the Deal
Oliver and Selom entered the Shark Tank seeking $500,000 for a 5% stake in their company. They impressed the Sharks with their impressive sales figures and their commitment to creating a high-quality product.
Ultimately, Mark Cuban saw the potential in Mad Rabbit and offered $500,000 for a 12% stake. The founders accepted the deal, marking the beginning of a new chapter for their brand.
Mad Rabbit After Shark Tank
1. Company Growth and Expansion
Securing Mark Cuban’s investment on Shark Tank acted as a rocket booster for Mad Rabbit. The brand experienced explosive growth, expanding its reach and influence in the tattoo aftercare market.
With increased capital and heightened visibility, Mad Rabbit scaled its operations, expanded its product line, and forged strategic partnerships.
The company’s dedication to quality and innovation quickly translated into increased sales and a loyal customer base.
2. Product Development and Innovation
Mad Rabbit didn’t rest on its laurels after Shark Tank. The company continued to push the boundaries of tattoo aftercare, developing new and innovative products to meet the evolving needs of its customers.
From soothing tattoo balms to gentle cleansers and vibrant color enhancing serums, Mad Rabbit expanded its product line to offer a comprehensive aftercare solution for every stage of the tattoo healing process.
3. Customer Reviews and Testimonials
The true testament to Mad Rabbit’s success lies in the countless positive reviews and testimonials from satisfied customers.
Tattoo enthusiasts around the world praise the brand for its effective, natural products that keep their tattoos looking vibrant and healthy.
Mad Rabbit has cultivated a strong online community where customers share their experiences and recommendations, further solidifying the brand’s reputation as a leader in tattoo aftercare.
The Future of Mad Rabbit
1. Market Trends and Opportunities
The tattoo industry is booming, and with it, the demand for effective aftercare products. Mad Rabbit is well-positioned to capitalize on this growing market.
The trend towards natural and sustainable products aligns perfectly with Mad Rabbit’s philosophy.
As more people embrace tattoos as a form of self-expression, the need for high-quality aftercare will only increase, presenting Mad Rabbit with a wealth of opportunities for further growth and expansion.
2. Challenges and Competition
While Mad Rabbit has achieved remarkable success, it’s not without its challenges. The tattoo aftercare market is becoming increasingly competitive, with new players entering the scene regularly.
Mad Rabbit must continue to innovate and differentiate itself to stay ahead of the curve. Maintaining its commitment to quality and customer satisfaction will be crucial in navigating this competitive landscape.
3. Long-Term Goals and Vision
Mad Rabbit’s vision extends far beyond just selling tattoo aftercare products. The company aspires to become a global leader in tattoo wellness, empowering people to care for their tattoos and express themselves confidently.
They aim to expand their product line further, offering a wider range of solutions for tattoo care and maintenance.
Mad Rabbit also envisions fostering a vibrant community of tattoo enthusiasts, where people can connect, share their stories, and celebrate the art of tattooing.
FAQs
What is Mad Rabbit’s flagship product?
Mad Rabbit’s flagship product is their soothing tattoo balm, formulated with natural ingredients to protect and enhance the vibrancy of tattoos.
How has Shark Tank impacted Mad Rabbit’s business?
Shark Tank served as a catalyst for Mad Rabbit’s growth. The exposure and investment from Mark Cuban helped the company expand its reach, increase sales, and solidify its position in the tattoo aftercare market.
Where can I purchase Mad Rabbit products?
You can purchase Mad Rabbit products directly from their website or through various online retailers and tattoo shops.
What are Mad Rabbit’s plans for the future?
Mad Rabbit aims to become a global leader in tattoo wellness, offering a wider range of aftercare solutions and fostering a community of tattoo enthusiasts.
Does Mad Rabbit offer any other tattoo aftercare products?
Yes, besides their tattoo balm, Mad Rabbit also offers a variety of other aftercare products, including cleansers, serums, and sunscreen.
The Bottom Line
Mad Rabbit’s journey from Shark Tank to success is a testament to the power of passion, innovation, and a commitment to quality. Their effective, natural tattoo aftercare products have resonated with customers worldwide, solidifying their position as a leader in the industry.
With a bright future ahead, Mad Rabbit is poised to continue revolutionizing the way people care for their tattoos, empowering them to express themselves confidently and beautifully.
