Viewers tune in to Shark Tank for its dramatic pitches and the sharks’ biting critiques, where entrepreneurs present their innovations, hoping to strike a winning deal. Let’s explore some of the top money-making ideas that not only won over the sharks but scored big in the marketplace.
Scrub Daddy
Scrub Daddy’s unique sponge, which changes texture based on water temperature, became a Shark Tank legend after Lori Greiner’s investment. Its ability to scrub clean without scratching surfaces catapulted it to success, with sales surpassing $200 million. The product’s versatility and appealing smiley-face design have made it a household favorite.
Squatty Potty
The Squatty Potty, a bathroom stool designed to promote healthier toilet posture, piqued the interest of Lori Greiner on the show. With a quirky, effective design, it became a cultural phenomenon, especially after its viral unicorn commercial. This product has revolutionized bathroom habits, grossing over $30 million.
Tipsy Elves
Tipsy Elves took the ugly Christmas sweater tradition and turned it into a booming business with Robert Herjavec’s backing. Their expansion into other holiday-themed apparel continues to drive their success, proving that a fun, seasonal niche can be incredibly profitable. They’ve earned upwards of $125 million since appearing on the show.
Bombas
Bombas revitalized the everyday sock by focusing on comfort and charitable giving, attracting a $200,000 investment from Daymond John. For every pair sold, a pair is donated to someone in need. This socially conscious approach has helped them surpass $225 million in sales.
The Original Comfy
Barbara Corcoran’s investment in The Original Comfy, a blanket that’s also a sweatshirt, turned into a cozy success story. The Comfy has made over $150 million in sales, showcasing the power of comfort in consumer products.
Simply Fit Board
Lori Greiner saw potential in the Simply Fit Board, an exercise board that promises a fun, effective workout. Its appearance on the show and subsequent feature on QVC helped it soar to over $160 million in sales.
Baker’s Edge
Baker’s Edge introduced an innovative brownie pan that adds two chewy edges to every single piece, solving the edge-lover’s dilemma. Mark Cuban was quick to invest, recognizing its appeal to home bakers. The niche product has carved out a significant presence in the bakeware market, generating millions in sales.
Sleep Styler
Lori Greiner invested in the Sleep Styler, large microfiber rollers that style your hair while you sleep, eliminating heat damage. The product tapped into the huge market of heat-free hairstyling solutions, earning over $100 million.
Lovepop
Lovepop creates intricate 3D pop-up greeting cards. Kevin O’Leary invested in these unique cards, which have become popular for their craftsmanship and design. Their appeal as keepsakes has helped them generate sales exceeding $12.5 million.
Cousins Maine Lobster
Cousins Maine Lobster, which started as a single food truck offering authentic Maine lobster, caught Barbara Corcoran’s eye. Their commitment to quality and an engaging business model led to a franchise empire. The company has earned more than $50 million.
Ring
Before becoming a household name in home security, Ring pitched its Wi-Fi-enabled doorbell on Shark Tank but didn’t get a deal. Despite the setback, the concept’s potential was undeniable, and it was later sold to Amazon for over $1 billion.
GrooveBook
A service that prints photos from your phone into a neat monthly book, GrooveBook snagged a deal with Mark Cuban and Kevin O’Leary. Its low-cost subscription model attracted Shutterfly, which acquired the company for $14.5 million.
Wicked Good Cupcakes
Wicked Good Cupcakes, which ships cupcakes in jars, sweetened up a deal with Kevin O’Leary, offering him a royalty instead of equity. This unique approach to investment and their delicious product led to sales of over $14 million.
BeatBox Beverages
BeatBox Beverages updated the boxed wine concept with a fun, portable party punch that attracted Mark Cuban’s investment. Their vibrant packaging and marketing strategies have resonated well with younger demographics, leading to substantial growth. The company has continued to innovate, expanding its product line and reach.
Plated
A meal kit service that delivers chef-designed recipes and ingredients, Plated secured a deal with Mark Cuban. Although Cuban later exited, Plated was acquired by Albertsons for $300 million.
FiberFix
A super strong repair wrap impressed Lori Greiner with its practicality and strength. FiberFix has become a go-to repair solution, outperforming traditional duct tape in both strength and durability. Its demonstration on the show, which featured lifting a car, helped catapult it to over $50 million in sales.
The Bouqs Company
An online floral delivery service that sources flowers directly from farms caught Robert Herjavec’s attention. Despite not getting a deal initially, the exposure helped The Bouqs Company attract other investors and customers, proving the power of Shark Tank as a platform.
Chewable Coffee
Go Cubes, chewable coffee cubes that offer a portable caffeine boost intrigued the Sharks but didn’t secure a deal. However, the product gained a cult following online, particularly among students and busy professionals. Their success illustrates how even unconventional products can find a market niche.
Drain Strain
Drain Strain, a no-clog drain stopper that traps hair and debris, secured a deal with Robert Herjavec. The product addresses a common household issue, proving that solving simple problems can be extremely profitable. Its ease of installation and effectiveness have made it a favorite in homes across America.
Controlled Chaos
Controlled Chaos offers a haircare product specifically designed for curly hair, which appeals to Lori Greiner. The product has stood out in the crowded beauty market by addressing the specific needs of curly-haired consumers.
PupBox
A subscription service that delivers toys, treats, and training information to puppy owners, fetched a deal with Robert Herjavec. PupBox caters to the ongoing demand for pet products, particularly for new dog owners.
InstaFire
InstaFire secured a deal with Mark Cuban and Lori Greiner with its eco-friendly fire starter. The product’s safety and versatility make it ideal for camping, grilling, and emergency kits.
Pristine Cleansing Sprays
Pristine toilet paper spray offers a flushable alternative to wet wipes and secured a deal with Lori Greiner. This product taps into the growing market for eco-friendly personal care items. Its practicality and environmental benefits have fueled its popularity and expansion.
