Traditional flossers take up space in landfills and use harmful plastics. That’s why Staci Whitman has created compostable flossers that break down in under one year, and are better for the environment. Will her company earn a deal on
Shark Tank Happi Floss Update
- Entrepreneurs: Staci Whitman
- Business: Compostable flossers
- Ask: $200,000 for 10% equity
- Result: No deal
- Sharks: None
Staci told the sharks that her Happi Floss products were not being sold yet. The environmentally-friendly design reduces the use of harmful plastics, but there are no sales numbers to base the popularity of her product with customers.
The sharks had several major issues with Happi Floss and they all agreed that the company was not at all worth $2 million, even with pending patents in the United States.
Happi Floss had less than $125,000 in presales through crowdfunding and had a fierce competitor that was already starting to take over the market.
Lori Greiner dropped out first, and the rest were fairly quick to drop out as well. The company was not investable in its current state.
Staci was forced to leave
We have interesting news to share in our Happi Floss update. Through the first quarter of 2023, the flossers are not yet available for purchase.
The Happi Floss website states the following, “We are currently speaking with investment and manufacturing partners in order to create the machinery needed to scale, as part of our effort to create a million compostable flossers in 2023.”
So while we don’t have a more exciting Happi Floss update to share right now, it sounds like Staci is working hard to start manufacturing despite leaving
Do you want to learn about the other companies featured in Season 14 Episode 18? Follow the links below for our other company updates from the episode.
For even more on companies and products, be sure to stop by our Season 14 Products Page!
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Jeremy is a regular contributor at Shark Tank recap. He has a ton of passion for the show and enjoys researching information about what all the companies are up to now. His favorite Shark Tank companies are The Cookie Dough Cafe and Kronos Golf!