Wispots Update | Shark Tank Season 1

ByAndrew Smith

Wispots needed a pivot after its initial concept failed to gain traction. To address this, Kevin Flannery reinvented the company by brokering an important merger. This merger aligned the business with market needs by offering comprehensive healthcare software solutions. Let’s dive into our Wispots update and pitch recap to see which shark was interested in making a deal.

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

Kevin entered Shark Tank Season 1, seeking $1,200,000 for 10% equity in his wireless entertainment system company, Wispots. After his pitch, he left without a deal as the sharks did not find his business worthy of investment.

In terms of a Wispots update, Kevin tried to scale his company but ultimately did not succeed. He then started a new venture, WiFiciency, which later merged with Worthington Healthcare Corporation.

SharkResult
Kevin O’LearyNo offer
Robert HerjavecNo offer
Barbara CorcoranNo offer
Daymond JohnNo offer
Kevin HarringtonNo offer

Shark Tank Wispots Pitch

Shark Tank Wispots Update
  • Entrepreneur:  Kevin Flannery
  • Business: Wireless Entertainment Systems
  • Ask: $1,200,000 for 10% equity
  • Result:  No deal
  • Sharks:  None

Kevin entered Shark Tank with Wispot, seeking an investment to enhance the patient experience in healthcare waiting rooms.

Wispot offers advertising and information services through wireless display devices.

Wispots provides a suite of technology solutions designed to improve medical waiting rooms.

Its core product, Wireless Web Pads, gave patients free Wi-Fi access, entertainment options, and medical resources like news and appointment reminders. 

The Interactive System went further by enabling secure communication between patients and medical professionals. 

Through the Patient Interaction Center (PIC), users could access medical records, send emails to doctors, and interact with insurance companies—all from a user-friendly interface.

Wispots are for both patients and healthcare facilities.

Patients enjoy a more engaging and informative wait, while medical institutions gain a platform for targeted advertising and streamlined patient communication. 

This win-win approach aimed to change the waiting room experience in the healthcare industry.

Kevin told the sharks that he had invested $550,000 of his own money into his idea since 2002, leaving him essentially broke. 

The sharks’ reactions were critical. Kevin O’Leary dropped out of the deal, saying that the business was not feasible. 

Kevin Harrington also dropped out because Wispots offered nothing more than access to email and commercial-filled content. 

Barbara Corcoran respected Kevin’s commitment but urged him to be courageous enough to quit. She’s out of the deal as well.

Daymond John was not interested in the deal either. 

Robert Herjavec declined to invest as well.

As a result, Kevin left Shark Tank without a deal. 

Now that we know how the negotiations ended let’s get a Wispots update to see what happened to the company after Shark Tank.

Shark Tank Wispots Update

Shortly after airing on Shark Tank, our Wispots update found that Kevin did all he could to scale his business but ultimately failed to achieve significant success. 

However, his efforts did garner interest from several sales and distribution companies wanting to market Wispots’ patient interaction center.

After numerous rebrandings and concept changes, Kevin decided to shut down Wispots and started a new venture, WiFiciency. 

Our Wispots update found that Kevin’s new venture, WiFiciency, offered additional products for healthcare facilities, leading to a merger with Worthington Healthcare Corporation. 

At the time of writing, WiFiciency is now AIRwave Medical Solutions Inc. and is under new ownership. It appears that Kevin sold his company.

We will be sure to let you know if we get another Wispots update.

You can find the other company updates from Season 1 here:

Before you go, check out our Shark Tank Season 1 page for more updates.

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Andrew is a lifelong fan of Shark Tank and an entrepreneur at heart. He started Shark Tank Recap because he wanted a single place to track what happens to the companies, founders, and deals after they air on TV. With a sharp eye for business insights and a passion for all things Shark Tank, Andrew makes sure every recap is accurate, engaging, and fun.