Power napping is an extremely important activity that tired individuals can benefit from every single day. Recharj has developed a unique power nap studio device that can help with that problem. Daniel Turissini came to
Shark Tank Recharj Update
- Entrepreneurs: Daniel Turissini
- Business: Personal Wellness
- Ask: $75,000 for 15% equity
- Result: No deal
- Sharks: None
Customers can easily book Recharj’s service through an online platform and when they arrive, they will immediately be escorted to their napping studio. A single power nap is just $9 and lasts for approximately 25 minutes.
Daniel told the sharks that he personally invested about $90,000 of his own money to get the company going and to help with the startup costs in general.
Recharj’s primary ‘napping’ studio is located in Washington D.C. The maximum capacity for a studio at a single time during the day is a little more than a dozen people. This limited capacity would prove to be one of the concerns for the sharks as negotiations pressed ahead toward a conclusion.
Mark Cuban interrupted Daniel during the company’s pitch and simply expressed his concerns about the financial numbers not making sense. Mark dropped out without making an offer and the other sharks quickly followed.
Guest shark Rohan Oza and Robert Herjavec dropped out because they didn’t believe the concept was worth the risk of the investment.
Lori Greiner and Barbara Corcoran were the final two sharks to drop out without making an offer, forcing Daniel to leave
Unfortunately, our Recharj update research found that the company is no longer in business after appearing on
The Recharj location closed in June 2021 amid struggles from the pandemic. The company no longer has an active website and social media posts are stagnant. This will be our final Recharj update.
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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!