If you know someone who spends just a little too much time in the bathroom, then you’re in luck! Husband and wife duo, Adam and Katie Stephy, have created a timer to help keep bathroom visits short and quick! Will they get a deal on
Shark Tank Katamco Update
- Entrepreneur: Adam and Katie Stephy
- Business: Toilet timer gag gift
- Ask: $200,000 for 10% equity
- Result: $200,000 for 25% equity
- Shark: Mark Cuban
Adam and Katie, founders of Katamco, brought their Toilet Timer to Shark Tank Season 12 Episode 7 . When you flip the timer over, time starts counting down.
Obviously, this is a goofy gag gift, but surprisingly it sold $294,000 of product in 2019. Furthermore, the company is expecting to do $1,000,000 or more in 2020.
Prior to appearing on
Adam shared that if he left with a deal, he was confident that he could ramp up sales to $3 million a year. Further, he shared that he had never had enough inventory to keep up with holiday orders.
However, with a shark to help with inventory, Adam was confident that he could boost sales and grow the company.
Fortunately, this was enough to catch the eye of Mark Cuban, who offered Adam $200,000 for 25% equity in Katamco. Adam agreed without any hesitation.
What happened next for the company? Keep reading our Katamco update to find out!
During research for our Katamco update, we found that the company is still in business and received a big boost in sales after its episode aired.
Additionally, Katamco is estimated to be worth more than $1 million! This is obviously great news for Adam and Katie!
Toilet Timers are available on Amazon and on the Katamco website. Be sure to check out their expanded line of timers, books, and even greeting cards!
For more updates from Shark Season 12 Episode 7, be sure to check out the links below:
For a full list of products from Season 12, be sure to check out our Season 12 Products page!
Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!