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Next Gen Econ > News > 24 Most Successful Shark Tank Deals
News

24 Most Successful Shark Tank Deals

NGEC By NGEC Last updated: May 3, 2024 13 Min Read
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THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE SEE MY DISCLOSURES. FOR MORE INFORMATION.

We all love watching Shark Tank, from its debut in 2009 to today in its 15th season.

Every week, we all tune in, glued to our TV screens, waiting to see which entrepreneur scores a deal that changes their life.

We watch aspiring entrepreneurs pitch their business ideas to a tough panel of “shark” investors.

But Shark Tank isn’t just entertaining; we can learn something from it.

We get a glimpse into the minds of people who have become successful entrepreneurs and learn valuable lessons about business, risk-taking, and determination.

Some of the most successful businesses have been born from ideas pitched on Shark Tank, such as Scrub Daddy, Ring, and Bombas.

Though not everyone gets a deal, the show has seen 24 amazing deals that transformed these businesses and the lives of those running them.

In this article, we will examine the top 24 successful Shark Tank deals and see how they achieved their investments and became huge success stories.

We chose these 24 Shark Tank Deals because they were the most successful, showing how anyone with a great idea and determination can achieve their dreams.

1. Ring Doorbell

Ring video doorbell owned by Amazon.
Photo Credit: Shutterstock.

In 2018, Amazon bought the doorbell camera Ring Doorbell for $1.1 billion, a far cry from their initial deal on Shark Tank.

When entrepreneur Jamie Siminoff pitched the idea of a doorbell with a built-in camera to the Sharks in 2013, only Kevin O’Leary was interested in investing in what became a household name.

2. EverlyWell Test Kits

At home testAt home test
Photo Credit: Shutterstock.

The online health company EverlyWell, which provides at-home test kits for various health concerns, has become a major success since its appearance on Shark Tank in 2017.

The company’s founder, Julia Cheek, secured an investment from Lori Greiner and has since expanded her business to a valuation of over $3 billion.

3. Comfy Hoodie

girl in hoodie and blanket around facegirl in hoodie and blanket around face
Photo Credit: Shutterstock.

The Comfy is a hoodie blanket that you can wear. It was featured on Shark Tank in 2017 and has become a viral sensation.

Founded by siblings Michael and Brian Speciale, the company has seen a big increase in sales, selling millions of units and making over $150 million in revenue.

4. Scrub Daddy Sponge

watching dishes with sponge and soapwatching dishes with sponge and soap
Photo Credit: Shutterstock.

One of the most memorable products that made its debut on Shark Tank is Scrub Daddy, a unique smiley face sponge used to clean and designed to change texture in different temperatures of water.

Lori Greiner invested $200,000 in inventor Aaron Krause’s product, which quickly became a massive success with more than $200 million in sales.

5. Bombas Socks

Bombas SocksBombas Socks
Photo Credit: Shutterstock.

Bombas is a sock company that appeared on Shark Tank with a mission to give back after co-founder Randy Goldberg learned that socks are the most requested item at homeless shelters.

For every pair of comfy socks purchased, the company donates a pair to someone in need, and over 50 million items have been donated to date.

6. Squatty Potty

Toilet bowl in modern bathroom interiorToilet bowl in modern bathroom interior
Photo Credit: Shutterstock.

Who doesn’t remember Squatty Potty from 2014, the unique toilet stool that makes going to the bathroom easier?

Founder Bobby Edwards came up with the idea based on his mother’s advice for better bowel movements, and Lori Greiner invested $350,000 in the company, which became an overnight success.

7. Super Coffee

Super CoffeeSuper Coffee
Photo Credit: Shutterstock.

Kitu is a healthy coffee beverage created by basketball player Jordan DeCicco, who was looking for a healthier sports drink.

After experimenting with recipes in his dorm room, DeCicco and his brothers landed an investment from Mark Cuban on Shark Tank, and their product quickly gained popularity in the health and fitness community.

8. Drop Stop

Modern car interior Modern car interior
Photo Credit: Shutterstock.

Anyone who has ever lost something in between their car seats will agree with Lori Greiner’s $300,000 investment in Drop Stop.

Entrepreneurs Marc Newburger and Jeffrey Simon created Drop Stop to prevent phones and other items from falling between the seats of a car.

9. Kodiak Cakes

Kodiak CakesKodiak Cakes
Photo Credit: Shutterstock.

Kodiak Cakes didn’t get a deal when they appeared on Shark Tank, but that didn’t stop them from becoming a successful brand.

CEO Joel Clark created the all-natural, whole-grain pancake mix as a healthy breakfast option, and its appearance on Shark Tank helped boost sales and reach a wider audience.

10. PhoneSoap

A woman holding and using IphoneA woman holding and using Iphone
Photo Credit: Shutterstock.

Phonesoap, which appeared on Shark Tank and received a $300,000 deal from Lori Greiner, uses UV-C light to sanitize and charge smartphones.

The product became an instant hit, with more than $150 million in sales since its appearance on the show.

11. Tipsy Elves Sweaters

man in a Christmas sweaterman in a Christmas sweater
Photo Credit: Shutterstock.

Founded by two friends from college, Tipsy Elves sweaters became an overnight success after appearing on Shark Tank and receiving a $100,000 investment from Robert Herjavec. 

The multi-million dollar company offers quirky and unique designs for holiday sweaters that have become a must-have for any ugly sweater party.

12. Bouqs Flowers

Bouquet of flowersBouquet of flowers
Photo Credit: Shutterstock.

Bouqs Flowers didn’t land a deal while on Shark Tank in 2014, but that didn’t stop them from becoming a successful online flower delivery service.

With annual sales reaching over $100 million, Bouqs Flowers eventually got a deal with Mark Cuban after the show aired.

13. Simply Fit Board

Balance boardBalance board
Photo Credit: Shutterstock.

In 2015, Linda Clark and Gloria Hoffman’s mother-daughter teams brought the Simply Fit Board to Shark Tank.

The balance workout board didn’t receive an investment while they were on the show, but Lori Greiner saw its potential and offered a deal after the episode aired.

14. Love Pop

A red pop up card with heart shapes bursting outA red pop up card with heart shapes bursting out
Photo Credit: Shutterstock.

Love Pop was founded by best friends Wombi Rose and John Wise, who appeared on Shark Tank in 2015.

Their impressive pop-up cards landed them a deal with Kevin O’Leary for $300,000, and they have since grown their business to a worth of over $1000 million.

15. Cousin Maine Lobster

Cousin Maine LobsterCousin Maine Lobster
Photo Credit: Shutterstock.

Cousin Maine Lobster was a small lobster roll business founded by Jim Tselikis and Sabin Lomac, cousins from Maine who brought their family’s famous lobster roll recipe to Los Angeles.

They landed a $55,000 deal with Barbara Corcoran when they were on Shark Tank and are estimated to be worth over $20 million today.

16. Rocketbook

Notes, Evernote, RocketbookNotes, Evernote, Rocketbook
Photo Credit: Shutterstock.

The Rocketbook is an erasable notebook you can write in with any pen or pencil. You can then scan your notes to be sent directly to the cloud.

Although the company didn’t land a deal on Shark Tank, it generated over $30 million in sales in just a few years.

 17. Bubba’s Q Ribs

Bubba's Q RibsBubba's Q Ribs
Photo Credit: Shutterstock.

Bubba’s Q Ribs is a thriving barbecue business that caught the attention of investor Daymond John on Shark Tank.

The company’s founder, former NFL player Al “Bubba” Baker, secured a $300,000 investment from John for his delicious and tender ribs cooked using a unique method.

18. Bala Bangles

woman getting ready to run with bala banglewoman getting ready to run with bala bangle
Photo Credit: Shutterstock.

When Natalie Holloway and Max Kislevitz pitched Bala Bangles on Shark Tank, Mark Cuban and Maria Sharapova invested $900,000.

These innovative wrist and ankle weights have become popular among fitness enthusiasts, creating over $20 million for the company.

19. Buttercloth Kismet Waves Shirt

Closeup photo of Men's shirts hanging.Closeup photo of Men's shirts hanging.
Photo Credit: Shutterstock.

Buttercloth is a men’s clothing company founded by Danh Tran that produces soft and comfortable shirts.

After appearing on Shark Tank, the company made sales of $500,000 in the weeks following their episode.

20. ReadeRest

Man holding glassesMan holding glasses
Photo Credit: Shutterstock.

Founder Of the ReadeRest Rick Hopper made a deal with Lori Greiner on Shark Tank for $150,000 in exchange for a 65% stake in his company.

Since appearing on Shark Tank, the company has made over $8 million in sales of its magnetic eyeglass holder, which keeps glasses secure and easily accessible when not in use.

21. Blueland

BluelandBlueland
Photo Credit: Shutterstock.

Blueland, founded by Sarah Paiji Yoo and Justin Yeung, is a cleaning solution company that succeeded on Shark Tank.

After securing a $270,000 deal with Kevin O’Leary, Blueland has made more than $15 million in sales.

22. Mission Belt

Groom getting ready, hand on beltGroom getting ready, hand on belt
Photo Credit: Shutterstock.

Who would think a belt company could make millions? Well, Nate Holzapfel and his company Mission Belt did just that after appearing on Shark Tank.

After making a deal with Daymond John for $50,000, Mission Belt expanded its product line to include more than belts and made millions.

23. Sand Cloud

Sand Cloud, Handwoven hammam Turkish cotton towel on beachSand Cloud, Handwoven hammam Turkish cotton towel on beach
Photo Credit: Shutterstock.

Sand Cloud, a Turkish cotton beach towel company, had a successful appearance on Shark Tank, where they made a deal with Robert Herjavec for $200,000.

Since then, Sand Cloud has grown tremendously and boasts over $20 million in sales.

24. Sleep Styler

Heatless curlerHeatless curler
Photo Credit: Shutterstock.

The Sleep Styler, a heat-free hair roller designed for use while sleeping, was offered a deal by Shark Tank’s Damon Greiner, which she rejected.

Even though she didn’t have a deal on the show, The Sleep Styler has since generated over $100 million in sales.

How To Become Financially Independent

couple who have retired on a vacationcouple who have retired on a vacation
Photo Credit: Shutterstock.

Being financially independent means not having to worry about money ever again.

You can choose to work if you want to, and spend money as you wish. But how do you get there? Here are the steps you need to take.

HOW TO BECOME FINANCIALLY INDEPENDENT

How Investing $250 A Month Makes You A Millionaire

wealthy manwealthy man
Photo Credit: Shutterstock.

Most people think they need a lot of money to invest.

But the reality is, if you can invest just $250 a month, you can become a millionaire.

Here are the steps to make it a reality.

HOW TO INVEST $250 A MONTH MAKES YOU A MILLIONAIRE

I have over 15 years experience in the financial services industry and 20 years investing in the stock market. I have both my undergrad and graduate degrees in Finance, and am FINRA Series 65 licensed and have a Certificate in Financial Planning.

Visit my About Me page to learn more about me and why I am your trusted personal finance expert.

Read the full article here

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