Better Life Cleaning Products shark Tank Update | What happened to Better Life Cleaning Products after the Shark Tank Pitch?
What is Better Life Cleaning Products?
Better Life Cleaning Products offers a wide range of natural and safe cleaning alternatives that are just as effective, if not more so, than traditional chemical-based products.
These cleaning solutions can be used on various surfaces, including dishes, carpets, worktops, windows, hands, and more.
The products are safe for kids and pets, and are even safe enough to be consumed. They are made from plants and vegetables, and do not contain any scents, colors, or harmful additives.
In addition, they are environmentally friendly and break down faster than the industry standard. They can be found at various retailers including Whole Foods, Crate & Barrel, Bristol Markets and Amazon.
Who is the Founder of Better Life Cleaning Products?
The founders of Better Life Cleaning Products, Kevin Tibbs and Tim Barklage, were motivated to start the company when they noticed their children putting their fingers and other objects in their mouths.
Despite their efforts to maintain a clean environment, they realized that many cleaning products on the market are hazardous if ingested, even when used as directed.
This led them to create a safer option that still effectively cleaned.
What happened to Better Life Cleaning Products at the Shark Tank Pitch?
On Shark Tank Season 5 Episode 7, Tim and Kevin pitch their company, the Better Life line, which sells cleaning products.
They are seeking $400,000 in exchange for a 7% stake in their company, which they claim is valued at $5.7 million.
They demonstrate the effectiveness of their products by cleaning a tile with spray paint on it and a raw chicken-covered counter top, and Kevin even sprays the disinfectant in his mouth to prove its safety.
They have made over $2.1 million in sales in the previous year and have almost no debt. The Sharks are impressed and several of them make offers to invest.
Lori offers $400,000 for a 17% commission, John Paul DeJoria offers to invest with Lori for $400,000 at 20%, and Daymond offers $500,000 at 20%.
Mark offers $800,000 for a 20% stake in the company with just him and Lori, but Lori does not require Mark and sticks to her initial offer.
Eventually, Lori and Kevin make a deal with Tim and Kevin for $400,000 for a 17% stake in the company.
Better Life Cleaning Products after the Shark Tank Pitch.
After appearing on Shark Tank and making a deal with Lori, the company experienced significant growth, doubling its manufacturing capacity, hiring new employees, securing retail contracts, and expanding globally. Inc.
Magazine rated the company as the 503rd Fastest Growing Business in the United States.
In 2018, the company was purchased by Bissel, Inc for an undisclosed amount. As of August 2021, the brand continues to operate with $5 million in annual sales.
Better Life Cleaning Products Net Worth
On Shark Tank Season 5 Episode 7, Tim and Kevin sought $400,000 in exchange for a 7% stake in their company, valuing it at $5.7 million.
Eventually, they accepted an offer from Lori and Paul of $400,000 for a 17% stake, resulting in a $2.3 million valuation for the company.
Better Life Cleaning Products Competitors
There is no competitor identified for Better Life Cleaning Products.
Better Life Cleaning Products FAQS
What is Better Life Cleaning Products?
Better Life Cleaning Products is a range of all-natural, kid-friendly, and pet-friendly cleaning alternatives that are as effective (if not more so) than chemical-laden products on the market.
Who is the founder of Better Life Cleaning Products?
It was founded by Kevin Tibbs and Tim Barklage in 2008.
How much was they seeking in the Shark Tank?
The couple was seeking $400,000 for a 7% stake in the company.
Did they get the deal from the Shark Tank?
They got the offer of $400,000 for 17% stake from Lori and Paul.
Is Better Life Cleaning Products still in business?
Bissel, Inc purchased the firm in 2018 for an unknown sum. Fast forward to August 2021, and the brand is still in operation, with a $5 million yearly sales.
What happened to Better Life Cleaning Products after the Shark Tank?
Since appearing on Shark Tank, the firm has doubled its manufacturing capacity, hired six new employees, and secured retail contracts with Meijer, Marianos and several Target locations.
How much money is the company is making annually?
As of August 2021, it is still in operation with a $5 million yearly sales.
How much does Better Life Cleaning Products costs?
The items ranges from $5.99 to $6.99 to purchase.
Is it safe to use Better Life products?
Better Life products are indeed safe for them, their children, and their pets. They don’t emit harsh fumes or hazardous chemicals, so they’re ideal for people with little children or respiratory issues.
Are Better Life products made in the USA?
Better Life cleaning products are all manufactured using plant-based components.
All Better Life cleaning products are created in the United States, are cruelty-free, sulphate-free, and petroleum-free.
Does Better Life disinfectant?
Better Life Cleaning products are just that: cleaners. It has no effect on bacteria or viruses. It’s similar to studies that demonstrate that washing their hands with a decent soap is useful at keeping their hands clean.
Because their cleaning products do not include pesticides, they do not make disinfection or anti-bacterial claims.
Is better life all natural?
Better Life products use natural, plant-powered cleaning ingredients such as soap bark, maize, and coconut, allowing them to clean without compromise.
Their biodegradable, plant-based chemicals provide a strong clean that is completely natural! They’re stain-resistant but gentle on children and dogs.
How did better life do after shark tank?
Since appearing on Shark Tank and striking a deal with Lori, the firm has doubled its manufacturing capacity, hired six new employees, and secured retail contracts with Meijer, Marianos, and several Target locations.
How does Better Life compare to other cleaning products, especially green cleaners?
Their products are devoid of colours, synthetic scents, sulphates, and petroleum solvents. They are also made using biodegradable cleaning materials, come in recyclable packaging, and are never tested on animals.
How does their free shipping work?
After any discount codes have been used, they provide free standard delivery inside the continental United States on all orders over $35! There is no need for a promo code.
Standard shipments to Alaska, Hawaii, Guam, Puerto Rico, American Samoa, and the Virgin Islands will take 15 business days to arrive.
Can they track their order?
When their order is sent, they will receive an email with tracking information and an estimated arrival date. Orders are mailed seven days a week.
Bissel, Inc purchased the firm in 2018 for an unknown sum. Fast forward to August 2021, and the brand is still in operation, with a $5 million yearly sales.
Is Better Life Cleaning Products acquired?
Bissel, Inc purchased the firm in 2018 for an unknown sum.
What is the net worth of Tim Barklage?
Tim Barklage’s net worth is unavailable
What is the net worth of Kevin Tibbs?
Kevin Tibbs’s net worth is unavailable.