Frugal LivingStarting a BusinessFinding a JobBusinessIndustriesReal EstatePersonal FinanceSelf-EmploymentScams & FraudInsurance

Most Successful Products from Shark Tank: The Biggest Success Stories

Updated on March 29, 2017
Sam Dreiberg profile image

A young software engineer passionate about being a writer, sharing thoughts, and spreading knowledge.

Shark Tank is an American reality television series that premiered on August 9, 2009, on ABC. The show is a franchise of the international format Dragons' Den, which originated in Japan in 2001. Shark Tank shows aspiring entrepreneur-contestants as they make business presentations to a panel of "shark" investors, who then choose whether or not to invest.

Shark Tank
Shark Tank

Success Stories on Shark Tank

Over 7 seasons and 142 episodes of Shark Tank, we have seen hundreds of entrepreneurs pitching their ideas on the show. From unbelievable ideas to silliest inventions, we have seen them all. But all of these people came into the show with high expectations. Many left empty-handed but some got more than what they expected.

Here is my list of 10 most successful business stories from Shark Tank.

Scrub Buddy

Product: A proprietary smiley-faced sponge

Founder(s): Aaron Krause

Season Appeared in: Season 4

Shark(s) Joined: Lori Greiner

Investment: $200,000

Equity: 20%

Sales before Shark Tank: $100,000 in 18 months

Sales After Shark Tank: $75 million in 3 years

Squatty Potty

Product: Toilet stool for good bowel movement

Founder(s): Robert Edwards, Judy Edwards and Bill Edwards

Season Appeared in: Season 6

Shark(s) Joined: Lori Greiner

Investment: $350,000

Equity: 10%

Sales before Shark Tank: NA

Sales After Shark Tank: approx $25 million annually

Tipsy Elves

Product: Christmas sweaters

Founder(s): Evan Mendelsohn and Nick Morton

Season Appeared in: Season 4

Shark(s) Joined: Robert Herjavec

Investment: $100,000

Equity: 10%

Sales before Shark Tank: $900,000 in 1 year

Sales After Shark Tank: over $15 million annually

Breathometer

Product: A portable breathalyzer that plugs into a smartphone

Founder(s): Charles Yim

Season Appeared in: Season 5

Shark(s) Joined: Mark Cuban, Kevin O'Leary, Daymond John, Robert Herjavec, and Lori Greiner

Investment: $650,000

Equity: 30%

Sales before Shark Tank: NA

Sales After Shark Tank: over $20 million annually

GrooveBook

Product: A digital photo subscription service to print photos taken on smartphones

Founder(s): Brian and Julie Whiteman

Season Appeared in: Season 3

Shark(s) Joined: Mark Cuban and Kevin O’Leary

Investment: $150,000

Equity: 80% of licensing profit

Sales before Shark Tank: NA

Sales After Shark Tank: Acquired by Shutterfly in 2014 for $14.5 million

Bottle Breacher

Product: Bottle openers made from .50 caliber bullets

Founder(s): Eli and Jane Crane

Season Appeared in: Season 6

Shark(s) Joined: Mark Cuban and Kevin O'Leary

Investment: $150,000

Equity: 20%

Sales before Shark Tank: NA

Sales After Shark Tank: approx $3 million annually

ReadeRest

Product: A magnetic eyewear holder that allows users to fasten their glasses somewhere on their body.

Founder(s): Rick Hooper

Season Appeared in: Season 3

Shark(s) Joined: Lori Greiner

Investment: $150,000

Equity: 65%

Sales before Shark Tank: NA

Sales After Shark Tank: approx $10 million in 4 years

Grace And Lace

Product: Women's apparel

Founder(s): Melissa and Rick Hinnant

Season Appeared in: Season 5

Shark(s) Joined: Barbara Corcoran

Investment: $175,000

Equity: 10%

Sales before Shark Tank: $1 million

Sales After Shark Tank: approx $7 million annually

Lumio

Product: Portable Lamp

Founder(s): Max Gunawan

Season Appeared in: Season 6

Shark(s) Joined: Robert Herjavec

Investment: $350,000

Equity: 10%

Sales before Shark Tank: NA

Sales After Shark Tank: over $3 million annually

TenThirtyOne Production

Product: Live-action Horror Entertainment

Founder(s): Melissa Carbone

Season Appeared in: Season 5

Shark(s) Joined: Mark Cuban

Investment: $2 million

Equity: 20%

Sales before Shark Tank: NA

Sales After Shark Tank: over $5 million annually

Which of these success stories do you think is the best?

See results

Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      Steve 8 months ago

      For me, Breathometer is the best. Its so useful.