Recharj Update | Shark Tank Season 9

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 in Season 9 with his company known as Recharj. Before we transition to the Recharj update, let’s see if Daniel can secure a $75,000 investment from the sharks.

Shark Tank Recharj Update

Recharj Update

  • Entrepreneurs: Daniel Turissini
  • Business: Personal Wellness
  • Ask: $75,000 for 15% equity
  • Result: No deal
  • Sharks: None

Customers can easily book their 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.

The company’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 towards 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 Shark Tank without a deal.

Unfortunately, our Recharj update is that the company is no longer in business since appearing on Season 9 of Shark Tank. 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.

You can find the other company updates from Season 9 Episode 15 here:

Don’t forget to take a look at our Season 9 products page! We’ve got more company updates from Shark Tank Season 9.