Stealth Bros and Co. Update | Shark Tank Season 14

Braxton Fleming, a transgender male, needs weekly hormone injections. While traveling, he faced challenges with safely carrying and discreetly disposing of his medical supplies. To address this, he started Stealth Bros and Co., a brand offering luxury dopp kits and sharps disposal containers designed for medical supplies. Let’s take a closer look at our Stealth Bros and Co. update and pitch recap to find out if the sharks gave him the money he was seeking.

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

Braxton entered Shark Tank Season 14, seeking $200,000 for 10% equity in Stealth Bros and Co. After his pitch, he struck a deal with Barbara Corcoran and Mark Cuban for a $100,000 cash investment and a $100,000 line of credit for 20% equity.

In terms of a Stealth Bros and Co. update, the company expanded its reach by placing its Sharps Shuttles in 3,000 CVS stores across the United States.

Shark	Result
Barbara Corcoran and Mark Cuban	Accepted offer of $100,000 cash investment and a $100,000 line of credit for 20% equity
Robert Herjavec	No offer
Kevin O’Leary	No offer
Lori Greiner	No offer

Shark Tank Stealth Bros and Co. Pitch

• Entrepreneur: Braxton Fleming
• Business: Luxury Dopp Kits
• Ask: $200,000 for 15% equity
• Result: $200,000 for 20% equity
• Sharks: Barbara Corcoran and Mark Cuban

Braxton entered Shark Tank to showcase Stealth Bros & Co., a brand he created to provide discreet and organized solutions for carrying medical supplies.

He plans to use the investment to scale production, meet growing demand from a major retail order, and expand his e-commerce operations.

Stealth Bros and Co. makes stylish and convenient bags for safely and discreetly carrying medical supplies like needles and injections.

These kits feature multiple compartments tailored for items such as alcohol swabs, testosterone bottles, needles, and toiletries.

Its design allows individuals, including diabetic patients and women, to carry their medications without drawing unwanted attention.

Additionally, the built-in sharps container provides a convenient and safe method for disposing of used needles.

Customers can purchase these products directly through the company’s e-commerce platform through delivery services.

His sales for 2022 reached $110,000 year-to-date, a 40% increase from $147,000 in 2021.

The junior dopp kit costs $5.80 and sells for $34.

Producing 10,000 units of the Sharps Shuttles costs $0.28 per unit. These are then sold for $15 each, with a wholesale price of $7.50.

Lori Greiner and Robert Herjavec both admit that Braxton exudes warmth. They don’t think he needs a partner because he’s got a good business and is doing just fine. They are out.

Kevin O’Leary admits it’s not a product that will fit his investment portfolio, so he also goes out.

Barbara Corcoran connected personally with the products, and Mark Cuban saw their potential.

They teamed up to offer $100,000 in cash and a $100,000 line of credit for 20% equity.

However, Braxton countered with 18%, but Barbara and Mark held firm.

In the end, he decided to accept the offer.

Let’s get a Stealth Bros and Co. update to see how the business is doing today.

Shark Tank Stealth Bros and Co. Update

Our Stealth Bros and Co. update found that the deal with Barbara Corcoran and Mark Cuban successfully closed.

Braxton became the first Black transgender entrepreneur to secure a deal on Shark Tank, a milestone that garnered widespread media coverage.

Further, since airing, Stealth Bros and Co. secured placement of their Sharps Shuttles in 3,000 CVS stores across the United States.

It looks like Braxton is on the right path, and we will be back for another Stealth Bros and Co. update if we learn more!

For updates from Shark Tank Season 14, Episode 2, be sure to check out the links below:

• The Woobles Update
• Banana Phone Update
• Turbo Trusser Update

Before you go, check out our Shark Tank Season 14 page for more updates.