Detrapel, a unique cleaning spray, came to Season 9 of
Shark Tank Detrapel Update
- Entrepreneurs: David Zamarin
- Business: Stain Repellent (Nanotechnology)
- Ask: $200,000 for 20% equity
- Result: $200,000 for 25% equity
- Sharks: Mark Cuban and Lori Greiner
David told the sharks that his cleaning spray formula is super safe and non-toxic. He also demonstrated how the product could be used on a variety of accessories, clothing, and even shoes. The sharks were extremely impressed and wanted to learn more about Detrapel.
First, the sharks wanted to hear some financial information about the company. David told them that during the current calendar year, he is hoping to generate more than $350,000 in gross revenue. A single travel-sized container of Detrapel costs the company about $1 to manufacture and it is sold for $13.
Mark Cuban offered $200,000 for 25% equity and pledged to put David in touch with some of his other nanotechnology companies. Lori Greiner offered the same as Mark Cuban and offered to join in on the same deal with him.
Robert Herjavec was also interested and decided to make an offer of $200,000 in exchange for 23%. He also wanted guest shark, Rohan Oza, to join in on the deal if he was willing to. Barbara Corcoran decided to drop out in the meantime. David decided to accept Mark and Lori’s deal and passed on the opportunity to partner with Robert and Rohan.
The Detrapel update from the present day is exciting because the company continues to generate more than $4 million in gross revenue per year. New products are slowly being developed and added to the brand’s catalog for launch. Mark and Lori helped tremendously boost the company’s sales after the episode aired during Season 9 of
You can find the other company updates from Season 9 Episode 15 here:
Don’t forget to take a look at our Season 9 products page! We’ve got more company updates from