Chub Rub Patch Shark Tank Net Worth
The estimated net worth of Chub Rub Patch was about $666,000 at the time of the company’s appearance on Shark Tank in February 2023.
However, it is important to note that the company is still relatively new and is trying to grow its sales slowly. Its revenue mainly comes from social media platforms like Tiktok and Instagram.
What Is Chub Rub Patch Shark Tank?
Chub Rub Patch is a lifestyle product designed to solve the problem of thigh chafing. It was founded in July 2021 by Brittany Lammon, who developed the product to help women wear their favorite outfits without feeling uncomfortable due to thigh chafing.
The Chub Rub Patch is a sweat-proof patch that is available in various colors and between costs $8.99 -$12.50. It provides a barrier between skin and clothing to prevent chaffing.
The patches are hypoallergenic, latex-free, sweat-proof, and come in two or three packs for $8.99 and $12.50 respectively
Brittany Lammon appeared on Shark Tank Season 14 Episode 14 and asked the sharks for $200,000 for 30% equity at a $666,000 valuation.
However, none of the sharks agreed to invest in the business. Despite this setback, the company is still in business as of February 2023 and is slowly growing its sales through social media platforms like Tiktok and Instagram.
Chub Rub Patch had grossed over $105,000 in sales at the time of the show. Although the company has faced challenges, it remains committed to solving the problem of thigh chafing and helping women feel comfortable in their favorite outfits.
Chub Rub Patch Shark Tank
Lammon appeared on Shark Tank Season 14 Episode 14 to pitch her product to the sharks, asking for $200,000 for 30% equity at a $666k valuation. She hoped to get help with marketing and getting into retail stores.
The product is designed to prevent chafing and irritation caused by skin rubbing together. The Chub Rub Patch is a thin, flexible patch that can be applied to the skin in areas where chafing occurs.
The patch is made from a breathable material that allows air to circulate, preventing sweat buildup and reducing friction.
Brittany Lammon, the founder of Chub Rub Patch, appeared on Shark Tank seeking an investment of $200,000 for 30% equity in her company.
She explained that she had developed the product after struggling with chafing herself and realizing that there were no effective solutions available on the market.
The Sharks were impressed with Brittany’s passion and drive but were concerned about the size of the market for such a niche product.
The Chub Rub Patch has already gained attention worldwide after several of her product demonstration videos went viral on Tik Tok, leading to distribution in the USA and nine other countries
Chub Rub Patch After Shark Tank
Despite having none of the sharks decided to invest in her business ,the Chub Rub Patch is still in business as of February 2023, with its headquarters located in Fort Lauderdale, Florida, United States. The product is available in various colors and costs $8.99.