PeeSport Update | Shark Tank Season 17
Henry created the PeeSport bottle as a solution to the stress of needing to pee when you’re far from a restroom. Especially on long drives or in places where stopping isn’t an option.
He believed the other options on the market weren’t discreet enough or comfortable enough for everyday use. PeeSport is a premium, unisex pee bottle designed to be discreet, leak-proof, and easy to use anywhere. Now the question is whether that solution is enough to win over the sharks, so let’s see how it played out in our PeeSport update and pitch recap.
If you’re short on time, here’s a quick overview of what happened to PeeSport after
Henry entered
In terms of a PeeSport update, the company upgraded its flagship product and has applied for a patent.
| Shark | Result |
| Kevin O’Leary | Accepted offer of $150,000 for 12% equity plus a $2 royalty per unit sold until $150,000 is paid, which then drops to $0.30 in perpetuity |
| Michael Strahan | $150,000 for 17.5% equity plus a $1 royalty per unit sold until $150,000 is paid |
| Lori Greiner | No offer |
| Barbara Corcoran | No offer |
| Robert Herjavec | No offer |
Shark Tank PeeSport Pitch
- Entrepreneur: Henry Snow
- Business: Premium pee bottle
- Ask: $150,000 for 10% equity
- Result: $150,000 for 12% equity plus a $2 royalty per unit sold until $150,000 is paid, which then drops to $0.30 in perpetuity
- Shark: Kevin O’Leary
Henry explained to the sharks that PeeSport is a premium, reusable pee bottle designed for people who need to go while on the move.
It is unisex and the design is expandable, ergonomic, leak-proof, and odor-free. It is meant to feel discreet and comfortable, not embarrassing.
He went further to claim that his design is a modern upgrade to the cheap plastic pee bottles sold in pharmacies.
At the time of the pitch, Henry revealed that he sells directly through his business website. Furthermore, he noted that many customers are over sixty, a group that often needs quicker access to a bathroom while on the road. They keep the product in their cars and use it on a regular basis. Customers buy online and reuse the product as needed.
Guest shark Michael Strahan joked and asked if the product is truly one size fits all. Henry confirms that it is.
Lori Greiner comments on the design. She notes the expandable shape and how it cups the body, especially for women. Henry confirms the unisex focus.
Kevin O’Leary questions the use case. If someone can pull over on the road, why is the product needed at all? Henry responds by expanding the scenario.
He mentions pilots in small planes, long-haul truckers, and drivers who cannot stop easily. He then shows a competitor’s product to highlight how unattractive existing options look.
Kevin asks about pricing. Competitors sell for around $20. PeeSport sells for $39.99. Henry agrees it is a premium product.
Robert Herjavec asks about manufacturing costs. Henry says it costs $3 to make each unit, and they did around $500,000 in revenue the previous year. The sharks were visibly surprised.
In terms of Henry’s background, he explains that he had always been business inclined since childhood. As a child, he sold items online and ran multiple online businesses in his teen years.
As the years rolled by, he had tried his hand at several business ideas. Fortunately for him, PeeSport was the one that eventually took off.
Meanwhile, Barbara Corcoran compliments Henry for his bold ideas and his presentation; however, she says she does not personally need the product and decides to bow out.
Kevin shows interest in making an offer and probes deeper into the numbers, prompting Henry to reveal that his customer acquisition cost is $17. The average order value is $60. Profit for the year was about $130,000.
Henry says that he wants the investment to scale manufacturing and move into retail distribution. His goal is to order 100,000 units and grow faster.
On the other hand, Lori says the business is not the right fit for her and exited. Robert follows, saying the category is not for him.
Kevin makes an offer with a royalty. $150,000 for 15% equity, a $2 royalty per unit until Kevin recoups his investment, then $0.50 per unit in perpetuity.
Michael counters with a different structure and higher equity. $150,000 for 17.5% equity, a $1 royalty per unit until Michael recoups his investment.
Henry pushes back on lifetime royalties and large ownership stakes. The negotiation goes back and forth as Henry tries to protect long-term margins.
In the end, Henry accepts Kevin’s final offer of $150,000 for 12% equity, a $2 royalty per unit until Kevin recoups his investment, then $0.30 per unit in perpetuity.
Let’s get a PeeSport update about what happened after
Shark Tank PeeSport Update
The research for our PeeSport update reveals that shortly after appearing on
According to new claims on the PeeSport website, the new model is five times more expensive to manufacture. PeeSport backed this upgrade by adding a lifetime durability guarantee, promising a free replacement if the product breaks within one year.
Following its
Our research also revealed that the PeeSport pee bottle is patent pending, pointing to steps taken to protect its design as the brand continues to grow.
Although PeeSport secured an on-air deal during its pitch, there is currently no public confirmation that the agreement has been finalized. Based on available information, the deal appears to remain in the due diligence stage.
We will be back for more progress reports in our next PeeSport update.
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Marvin Uzor
Marvin Uzor is a content contributor for Shark Tank Recap. He specializes in crafting engaging, well-researched content that delve into the latest Shark Tank stories, keeping readers hooked. He has a soft spot for his favorite Shark Tank companies, Bombas and Doorbot, known for their innovation and impact.