LeGlue Temporary Glue Update | Shark Tank Season 10

Tripp Phillips was at home playing with his LEGO spaceship when it kept falling apart, ruining the fun. He needed a way to hold the pieces together without making it permanent. So, he and his dad came up with LeGlue, a washable glue that keeps building blocks in place during play. It lets kids enjoy their creations without the constant frustration of them breaking apart. Will the sharks stick with this idea or pass? Let’s find out in our LeGlue update and pitch recap.

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

Tripp and Lee entered Shark Tank Season 10, seeking $80,000 for 15% equity in their glue Adhesive for Kids. After their pitch, they made a deal with Kevin O’Leary for $80,000 for 50% of licensing until investment recouped, then it drops to 20% equity.

In terms of a LeGlue update, the company is still in business and has grown to over $2 million in annual revenue.

Shark	Result
Kevin O’Leary	Accepted offer of $80,000 for 50% of licensing until investment recouped, then it drops to 20% equity
Daymond John	$80,000 for 25% equity
Lori Greiner	No offer
Jamie Siminoff	No offer
Mark Cuban	No offer

Shark Tank LeGlue Pitch

• Entrepreneurs: Tripp Phillips and Lee Phillips
• Business: Glue Adhesive for Kids’ Toys
• Ask: $80,000 for 15% equity
• Result: $80,000 for 20% equity
• Shark: Kevin O’ Leary

Tripp entered Shark Tank with his dad, Lee, and younger sister to pitch their temporary glue, LeGlue.

Next, Tripp began the pitch by dropping two LEGO builds on the floor, one with LeGlue and one without.

The glued version stayed together. He then showed how warm water dissolves the glue so the bricks can come apart easily.

He explained that LeGlue is a non-toxic, water-soluble adhesive made for LEGO and other building blocks. It holds together during play but washes off when needed.

The product is safe, easy to use, and gives kids a better way to build. It sells for $9.99 on their website and costs less than $0.50 to make, giving them strong profit margins.

When the sharks asked how he came up with the idea, Tripp said it started with a third-grade school project. He had to invent something.

While playing with LEGOs in his room, he dropped one of his builds and it broke apart. That’s when he realized he needed a glue that could hold blocks together temporarily.

He and his dad worked on the idea and eventually turned it into a business. Tripp now holds a utility patent for LeGlue, making him one of the youngest patent holders in the U.S.

In terms of lifetime sales, he already has more than $120,000. Plus, he already has more than $30,000 sold in the five months leading up to filming.

Kevin O’Leary offered $80,000 for 25% equity with a 50% royalty on licensing until he gets his money back.

After that, his equity would drop to 20%. He also wanted Tripp to attend meetings, wear a black suit, and do the pitching himself.

Guest shark Jamie Siminoff liked the product and said he could use it at home. But he stepped out, saying Kevin’s offer was too strong to compete with.

Daymond John then offered $80,000 for 25% equity with no royalty or extra conditions.

Lori Greiner and Mark Cuban both liked the business but said they couldn’t offer more value than what was already on the table, so they dropped out.

After thinking it over, Tripp and Lee accepted Kevin’s offer. They believed his licensing experience would help them grow faster.

With Kevin on board, LeGlue left with a deal and a plan to scale.

What do you think happened following Shark Tank? Keep reading our LeGlue update to find out.

Shark Tank LeGlue Update

According to our LeGlue update, the company gained significant exposure after its Shark Tank episode aired. Sales increased, and media coverage followed.

In 2020, LeGlue was featured in Shark Tank’s Greatest of All Time special. Barbara Corcoran praised Tripp Phillips for his impressive salesmanship and confidence.

Our LeGlue update found that the company quickly expanded its retail presence, launching at Walmart, Learning Express, and several specialty toy stores.

Shortly after, the company entered international markets, including the UK, South Africa, and China.

Within the first year post-show, sales topped $500,000. In 2022, annual revenue reached $1.2 million.

Further, by December 2022, the company was moving roughly 15,000 units each month.

At the time of writing, LeGlue has grown its annual revenue to around $2 million.

If you’re looking for a clever temporary glue to help your kids keep their building brick creations secure, LeGlue is available for purchase in specialty stores and on Amazon.

If we get more news on a LeGlue update, we will let you know.

In the meantime, you can check out our other company updates from Season 10, Episode 1 by following the links below!

• Bear Minimum Update
• FinalStraw Update
• BoxLock Update

Before you go, be sure to check out our list of all the Shark Tank Season 10 products.