HairFin Update Shark Tank

HairFin Hair Cutting Tool Update | Shark Tank Season 13

Cutting your own hair is difficult, especially when you try to get a uniform length all the way around. Tony Litwinowicz created the HairFin to help! This measuring tool fits right in your hand, giving you room to work with clippers to get a perfect cut. Did this nifty tool get any bites during its Shark Tank Season 13 pitch? Find out in our HairFin update.

If you’re short on time, here’s a quick overview of what happened to HairFin after Shark Tank!

Tony Litwinowicz appeared on Shark Tank Season 13 and left with a deal from Daymond John for $25,000 for 30% equity. In terms of a HairFin update, the company is still in business and is selling products on Amazon, Walmart, and Etsy. Further, HairFin has added new sizes, allowing for an even bigger range of haircut styling options.

Shark: Result:
Daymond John Accepted deal of $25,000 for 30% equity
Mark Cuban No Offer
Lori Greiner No Offer
Kevin O’Leary No Offer
Robert Herjavec No Offer 

Shark Tank HairFin Update

Shark Tank HairFin Update

  • Entrepreneur: Tony Litwinowicz
  • Business: A measuring tool for perfect home haircuts
  • Ask: $25,000 for 20% equity
  • Result: $25,000 for 30% equity
  • Shark: Daymond John

Tony Litwinowicz brought his streamlined hair-cutting solution, HairFin, to Shark Tank during Season 13. His mom used to cut his hair when he was a kid, but when he tried to do it himself as an adult, he found less than stellar results.

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The HairFin’s neat design allows users to cut their own hair evenly without juggling multiple tools. The easy hand-mounting makes it simple, and customers can save money by giving themselves a salon-quality cut for a reasonable price.

Since its launch in 2020, the product has been available on Amazon exclusively. As a result, it has $41,000 in sales, which isn’t too bad for a small, niche product.

The sharks have different ideas about that, though.

Robert Herjavec drops out almost immediately. The market is simply too small for him to invest in.

Mark Cuban follows next, as it just isn’t the right product for him.

Lori Greiner, likewise, withdraws from the deal. She also doesn’t think the product is in her wheelhouse.

Kevin O’Leary loves the business, but unfortunately, he doesn’t see it as an investable venture. Because of this, he is also out.

This leaves Daymond John as the last remaining shark. Luckily, he had previously made a deal with a similar company and could easily connect that company to this one.

He’s interested in HairFin and offers Tony $25,000 for 40% of the business. In response, Tony counteroffers at $28,000 for 25%, but unfortunately Daymond refuses.

Daymond then states that his final offer is $25,000 for 30%. After a bit of indecision, Tony gladly accepts the deal.

So, what can Daymond do for the company now that they’ve cut a deal? Keep reading the HairFin update to find out!

Initial research for our HairFin update hasn’t shown any major changes since the episode’s airdate. The product is still proudly made in the United States and utilizes local businesses whenever possible.

HairFin is now sold on Amazon, Etsy, Walmart, and the official website. Instead of the three standard options featured on Shark Tank, they’ve included new sizes, ranging from 1 inch to 6 inches.

There are lots of positive reviews on Amazon, with customers calling the products “ingenious” and “a great tool” and even that it helped create “the perfect pixie cut.” The set of three has more than 50 units sold per month.

According to Anthony’s LinkedIn, he holds 11 patents and worked as an engineer for several years before creating the HairFin, so he may have even more handy inventions up his sleeve down the line.

While there are no new sales numbers to reveal currently, HairFin is still snipping away at its niche market. We’re eager to see how the deal with Daymond works out and if there will be any big changes for our next HairFin update!

Before you go, take a look at the other company updates from Season 13 Episode 20 here:

Don’t forget to check out our other Season 13 company updates. You can find them on our Season 13 products page.

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Kimberly is a writer for Shark Tank Recap. She has written episode summaries and updates across multiple seasons of Shark Tank, with a focus on complete and accurate information since 2021. She believes that getting the business aspects of each deal correct is extremely important for viewers and fans. Her favorite Shark Tank products are The Wobbles and Rocketbook!