Shark Tank FurZapper Pet Hair Remover Update
- Entrepreneur: Harry Levin and Michael Sweigar
- Business: Eco-friendly product that helps remove pet hair from clothes
- Ask: $600,000 for 10% equity
- Result: $600,000 for 15% equity with additional line of credit
- Shark: Lori Greiner
FurZapper first started with Michael, who accidentally found out that silicone does a great job at removing pet hair from laundry while washing. Knowing that he had an incredible idea, he went on to partner with Harry, a lawyer, and animal welfare enthusiast, and the business was born from there.
The resulting product was a patented silicone pet hair remover that gently removes all pet hair from laundry during a wash cycle. All you have to do is put the product in with the laundry during the wash cycle and then into the dryer, and it’ll remove all traces of fur and send it to the lint trap.
At the time of their pitch on
Ideally, the duo wanted to work with a Shark who had a tremendous amount of experience and background in manufacturing. Once the two got to explain how they’d got to $5 million in sales with low customer acquisition costs and high profit, four of the five sharks immediately made offers.
Ultimately, the duo felt that Lori’s business style and background fit with FurZapper best, so the two accepted Lori’s offer of $600,000 for 15% equity. In addition to this, Lori also pledged to extend an additional line of credit whenever necessary.
Now, for our FurZapper update, we’ll be glad to tell you that the pet hair remover is doing quite well. As a matter of fact, it has since become an even bigger hit online and in retailers. On Amazon, FurZapper has received 19,100 ratings so far. Numerous credible pet websites have also begun recommending the original FurZapper as one of the best pet hair removers available today.
Hopefully we will have another FurZapper update after
- The Matte Makeup Organizer Update
- The Cheese Chopper Update
- OpulenceMD Beauty Magnetic Lashes Update
For more on