Husband and wife team Patrick and Jennifer Coddou want you to do away with your multi-blade razors and get a closer, cleaner shave using an old favorite. Will the sharks appreciate a more sophisticated shave during the
If you’re short on time, here’s a quick overview of what happened to Supply Razor after
Patrick and Jennifer Coddou appeared on
|Robert Herjavec||Accepted deal of $300,00 for 15% equity|
|Kevin O’Leary||$300,000 for 5% equity plus $1.50 per unit royalty|
|Daniel Lubetzky||No Offer|
|Lori Greiner||No Offer|
|Mark Cuban||No Offer|
Shark Tank Supply Razor Update
- Entrepreneur: Patrick and Jennifer Coddou
- Business: Modern straight razors and shaving kits
- Ask: $300,000 for 10% equity
- Result: $300,00 for 15% equity
- Shark: Robert Herjavec
Patrick and Jennifer brought Supply Razor to
Healing Post Shave is filled with aloe and witch hazel to soothe your skin after each shave. 1-2 sprays is more than enough to fight irritation and razor bumps and finish your shave with healthy, clear skin.
Multi-blade razors create more friction and delve below the surface of the skin, creating razor burns and bumps. They’re offering a modern take on the old classic straight razor with Supply Razor to give better results and a better overall shave.
Their demonstration includes samples and an explanation of how men can get a better shave with a straight razor. Most of the sharks are on board at this point, and stay that way when the couple talk about their sales.
It turns out that Supply Razor is projected to do $2.5 million by the end of the year.
Despite the numbers, Lori Greiner is out right away, as it just isn’t the right product for her.
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Guest shark Daniel Lubetzky doesn’t know how he can add value, so he’s out next.
Mark Cuban likes his multi-blade razor too much to promote a straight razor. For this reason, he is also out.
The first offer for Patrick and Jennifer comes from Kevin O’Leary. He offers $300,000, for 5% equity, plus $1.50 per unit in perpetual royalties.
Then, Robert Herjavec makes an offer of his own. He offers $300,000 for a 15% stake in the company but without any royalties.
Patrick and Jennifer try to get Robert to increase his investment, but he isn’t budging. After a moment’s consideration, they decide to accept Robert’s offer.
Did Patrick and Jennifer manage to grow their company, with Roberts’s help, following
We have great news to share in our Supply Razor update! The company definitely benefitted from appearing on
In September 2022, Supply Razor was sold to Foundry Brands for an undisclosed amount.
Today, Supply Razor offers an upgraded version of the razor they were selling on
One really neat feature on the website is that they help their customers find the razor that’s right for them. By taking a quiz, they will help identify which of their products would work best for your needs, and even your skin type.
It’s hard to find a more personalized shaving product than this! They also offer what they call The Supply Guarantee.
If you don’t love their products within 100 days, they will accept your return for a full refund! Additionally, their products are carried in barber shops, and gift stores all around the world!
If we learn anything more about a Supply Razor update, we’ll be sure to let you know!
Would you like to learn about the other companies featured on Season 11 Episode 6? Follow the links below for our other company updates!
For even more on companies and products, be sure to stop by our Season 11 products page!
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!