SplashZen Bath Splash Guard Update | Shark Tank Season 15
Husband and wife duo, Rodney and Tanya Rasmussen pitched their bath-time accessory during
If you’re short on time, here’s a quick overview of what happened to SplashZen after
Rodney and Tanya Rasmussen appeared on
| Shark: | Result: |
| Barbara Corcoran | Accepted deal for $100,000 for 14% equity, plus a $100,000 line of credit |
| Lori Greiner | $100,000 for 17.5% equity |
| Mark Cuban | No offer |
| Robert Herjavec | No offer |
| Kevin O’Leary | No offer |
Shark Tank SplashZen Update
- Entrepreneurs: Rodney and Tanya Rasmussen
- Business: Bath splash-guard
- Ask: $100,000 for 10% equity
- Result: $100,000 for 14% equity, plus a $100,000 line of credit
- Shark: Barbara Corcoran
Busy parents, Rodney and Tanya Rasmussen, dreaded bath-time with their three boys. However, that all changed when they created a bathtub splash guard called, SplashZen.
The SplashZen allows parents to keep water inside the tub, while kids splash around in the tub. This means that the kids can play longer without the parents getting frustrated with the mess.
As a bonus, Rodney shared that it can also be used while bathing your dog. So, you essentially get two products for the price of one.
Speaking of price, landed, it costs the couple $40 to make. It then retails for $99.
As soon as samples are handed out to the sharks, Lori Greiner points out that the SplashZen is sturdy and well-made.
Kevin O’Leary chimes in next, with concerns over branding. He thinks it would be too hard to tell the customer what the product is or does while sitting on store shelves.
Rodney agrees, which is part of the reason they need a shark to come on board.
All of their sales are direct to consumers, at the time of filming. This has been achieved through viral TikTok videos and other means of social media.
In terms of sales, overall they’ve done $80,000. Of that, $10,000 came in during the last 3 months of the previous year.
Kevin doesn’t believe the product will do well in retail, because it has to be explained. However, the other sharks think there’s a good opportunity to make the boxes tell he story.
Robert Herjavec doesn’t see a need for the product, so he drops out first.
Mark Cuban, like Robert, doesn’t believe that it’s a necessary product. For this reason, he too goes out.
Kevin O’Leary sticks with his previous opinion of the product and drops out next.
While the men are out, Lori is on board. She offers $100,000 for 20% equity because she believes the product and the entrepreneurs are worth investing in.
Barbara Corcoran also brings an offer to the table, but undercuts Lori. She offers $100,000 for 15% equity, plus offers an additional $100,000 as a line of credit.
At this point, Rodney asks if the two sharks would go in together, but they say no.
Then, Rodney asks Lori to meet Barbara’s offer. She agrees to $100,000 for 17.5% equity, plus the $100,000 line of credit.
As the
Finally, the couple accepts Barbara’s offer. Lori wishes them well, saying she just wants them to succeed.
Was this the right decision for the entrepreneurs? Keep reading our SplashZen update to find out what happens following
In terms of a SplashZen update, it’s still too soon to share about recent sales revenues. However, companies tend to get a nice boost in sales immediately following the airing of their episode.
Perhaps Barbara will help this company go even further in their goals, and the product may even end up on store shelves after all.
In the meantime, you can get your SplashZen on the SplashZen website.
Once the dust settles, we will circle back for another SplashZen update to see what the husband and wife duo are up to.
In the meantime, you can check out our other company updates from Season 15 Episode 14 by following the links below!
For even more on companies and products, be sure to stop by our Season 15 Products Page before you go!
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!
