Clean Sleep Shart Tank Net Worth
Clean Sleep appeared on Shark Tank with a $10 million valuation. However, the business did not receive any investment from the sharks.
As of 2023, Clean Sleep’s net worth is $2.7 million, and it is possible to start a franchise for this business with a net worth requirement of $1,000,000 – $5,000,000.
What is Clean Sleep and Who Founded Clean Sleep?
Clean Sleep is a mobile cleaning service that utilizes UV light, dry steam, vacuum, infrared heat, and antibacterial nanotechnology to clean mattresses and eliminate dust mites, bed bugs, and dead skin. It serves both residential and commercial customers, including hospitals, hotels, and motels.
The founder of Clean Sleep is Michael Ingle, an entrepreneur based in Dallas, Texas. He had a difficult childhood and left home at the age of fourteen with only $120 in his pocket.
He later moved in with his grandparents, which changed his life. He realized that there were two types of people in the world: those who watched things happen and those who made things happen.
Michael wanted to be someone who made things happen, so he started working for Boeing at sixteen and progressed through six different engineering departments. However, after five and a half years, he decided that he did not want to work for someone else and started Clean Sleep.
Clean Sleep Shark Tank Pitch
In season 7, episode 18 of Shark Tank, Michael Ingle presented Clean Sleep to the Sharks and asked for a $1.5 million investment in exchange for 15% equity in the company, valuing it at $10 million.
He began by explaining how mattresses act like sponges, collecting dirt, bacteria, and human excrement, and how Clean Sleep’s mattress cleaning machine can eliminate 99% of these contaminants in just 15 minutes using UV light, dry steam, and power vacuums.
Michael shared that he currently had two trucks and had serviced 30 hotels, saving one hotel $100,000 by cleaning and sanitizing their mattresses instead of replacing them. The regular rate for their service was $89.95, and Michael had earned $75,000 in sales in his first year in business.
While the Sharks were impressed with the product, they ultimately did not invest. Robert Herjavec was interested but dropped out when he realized Michael lacked a solid business plan.
Barbara Corcoran and Lori Greiner thought the business would take too long to see a return on investment, while Kevin O’Leary believed Michael needed to pay $1.5 million to learn what he did not know.
Despite not landing a deal, Clean Sleep continued to operate and expand. Michael franchised the business in the Texas area and contracted with more hotels. As of April 2021, Clean Sleep was generating $2.7 million in annual sales, and the company had established a foothold in the hotel service market.
Clean Sleep Net Worth
Michael appears on Shark Tank Season 7 episode 18 in search of $1.5 million in exchange for 15% of his firm. This implies a valuation of $10 million.
Clean Sleep Competitors
There is no competitor identified for Clean Sleep.
Clean Sleep Shark Tank Updates
Clean Sleep is a mobile, onsite mattress cleaning and sanitization service that was pitched by Michael Ingle in Shark Tank episode 717. The cleaning apparatus is inside a box truck that travels to the customer’s location.
Clean Sleep technicians clean mattresses with Ultraviolet light, Steam, Vacuums, Infrared Heat, and Ozone. The mattress is dry and ready to use 15 minutes after cleaning is completed.
During the pitch, Michael Ingle asked for $1.5 million for 15% equity, but he did not receive any offers from the Sharks.
However, Clean Sleep has found its niche in the hotel service industry and is still in business as of 2023, with annual revenue of $2.7 million. Clean Sleep had 30 hotel customers at the time of filming Shark Tank.
Clean Sleep’s innovative five-step cleaning process enables anyone to clean and sterilize mattresses of all types and sizes successfully, whether it is an individual, a family, or even a hospital or local hotel.
The process can even kill bed bugs. Residential mattresses should be cleaned every six months.
Clean Sleep Shark Tank Table Summary:
| CATEGORY | SUMMARY |
| Shark Tank Pitch | Michael Ingle presented Clean Sleep to the Sharks in season 7, episode 18, asking for a $1.5 million investment in exchange for 15% equity, valuing it at $10 million. The sharks did not invest. |
| What is Clean Sleep? | Clean Sleep is a mobile cleaning service that uses UV light, dry steam, vacuum, infrared heat, and antibacterial nanotechnology to clean mattresses and eliminate dust mites, bed bugs, and dead skin. |
| Founder | Michael Ingle founded Clean Sleep in 2011. |
| Net Worth | As of 2023, Clean Sleep’s net worth is $2.7 million. |
| Franchise Requirement | It is possible to start a franchise for Clean Sleep with a net worth requirement of $1,000,000 to $5,000,000. |
| Competitors | There is no competitor identified for Clean Sleep. |
| Updates | Clean Sleep is still in business, with annual revenue of $2.7 million, as of 2023. |
| Franchise Initial Cost | The initial investment for a Clean Sleep franchise is between $291,000 – $336,000. |
| Cleaning Process | Clean Sleep uses a five-step cleaning process that includes ultraviolet light treatments, dry steam treatments, vacuuming, ozone creation, and infrared heat treatments. |
| Service Area | Clean Sleep serves residential and commercial customers, including hospitals, hotels, and motels. |
Clean Sleep FAQS
What Is Clean Sleep, Founder, and How Does Clean Sleep Work?
Clean Sleep is a mobile technology that cleans and sanitizes mattresses onsite, in as little as 15 minutes. The Clean Sleep machine is equipped with a 16-foot truck that detects dust mites, dead skin, and bed bugs.
The machine uses a five-step cleaning process that includes ultraviolet light treatments, dry steam treatments, vacuuming, ozone creation, and infrared heat treatments.
The process removes body fluids, dust mites, allergens, and bacteria that are absorbed by the mattress on a nightly occurrence. The technology is designed to improve the quality of sleep by offering unparalleled mattress sanitation.
Michael Ingle is the founder and CEO of Clean Sleep. The company was founded in 2011 and is a subsidiary of Mattress Cleaners Inc.
Clean Sleep offers franchise opportunities for entrepreneurs who want to start their own mattress-cleaning business. The initial investment for a Clean Sleep franchise is between $291K – $336K. The company has four units as of 2018.
Clean Sleep’s mobile technology makes it quick, easy, and affordable to implement their service. The process is performed outside of the home or other facility, protecting people, property, and the environment.
The service reduces many of the common contaminants found in mattresses, which could also improve their overall lifespan.
What Happened To Clean Sleep After The Shark Tank?
Clean Sleep, a mobile mattress cleaning franchise, appeared on Shark Tank in episode 717, where Michael Ingle pitched his business idea to the Sharks. Although the Sharks did not invest in Clean Sleep, the business has found its niche in the hotel service industry.
As of 2023, Clean Sleep is still in business and has an annual revenue of $2.7 million. The company is doing well and has 30 hotel customers.
Clean Sleep uses a portable cleaning apparatus inside a box truck that travels to the customer’s location The cleaning process involves Ultraviolet light, Steam, Vacuums, Infrared Heat, and Ozone, and the mattress is dry and ready to use 15 minutes after cleaning is completed.
The company’s innovative five-step cleaning process enables anyone to clean and sterilize mattresses of all types and sizes successfully. The process can even kill bed bugs.
Clean Sleep’s valuation was $10 million when it appeared on Shark Tank, but its net worth is $2.7 million as of 2023. It is possible to start a franchise for this business with a net worth requirement of $1,000,000 – $5,000,000.
Clean Sleep is a successful business that has found its niche in the hotel service industry, and it continues to provide its customers with a quick and efficient mattress cleaning service.
How Much Was Clean Sleep Seeking In The Shark Tank?
Clean Sleep, a mobile mattress cleaning franchise, appeared on Shark Tank seeking $1.5 million for 15% equity. The founder, Michael Ingle, pitched Clean Sleep as a mobile dry cleaner for mattresses, with a cleaning apparatus inside a box truck that travels to the customer’s location.
The cleaning process involves ultraviolet light, steam, vacuums, infrared heat, and ozone, and the mattress is dry and ready to use 15 minutes after cleaning is completed. However, the sharks did not invest in Clean Sleep, despite its $10 million valuation.
As of 2023, Clean Sleep’s net worth is $2.7 million, and it is possible to start a franchise for this business with a net worth requirement of $1,000,000 – $5,000,000. Although Clean Sleep did not receive investment from the sharks, the company continues to operate and expand its services.
Did Clean Sleep Get The Deal From The Sharks?
Clean Sleep appeared on Shark Tank Season 7 and pitched their mobile mattress cleaning business, asking for $1.5 million for 15% equity, but did not receive a deal from any of the sharks. However, Clean Sleep is still in business and seems to be doing well.
As of 2023, Clean Sleep’s net worth is $2.7 million. The company uses a portable cleaning apparatus that is like a dry cleaner for mattresses, which is operated inside a special cleaning truck.
The cleaning process includes UV light, steam, vacuums, infrared heat, and ozone, and can be completed within 15 minutes.
Clean Sleep’s innovative five-step cleaning process enables anyone to clean and sterilize mattresses of all types and sizes successfully, whether it is for an individual, a family, or even a hospital or local hotel.
The company’s net worth was $10 million when it appeared on Shark Tank. It is possible to start a franchise for this business with a net worth requirement of $1,000,000 to $5,000,000.
Is Clean Sleep Still In Business?
Yes, Clean Sleep is still in business as of 2023. The company is a mobile mattress cleaning franchise that uses a portable cleaning apparatus inside a box truck to clean mattresses with Ultraviolet light, Steam, Vacuums, Infrared Heat, and Ozone.
The cleaning process is chemical-free and green. The mattress is dry and ready to use 15 minutes after cleaning is completed. Clean Sleep claims that cleaning mattresses extends their life while eliminating dust mites, odors, and stains.
Clean Sleep was pitched on Shark Tank in episode 717 by Michael Ingle, the founder of the company. Although he did not get a deal from the Sharks, the business has found its niche in the hotel service industry.
As of April 2021, Clean Sleep had an annual revenue of $2.7 million. The company’s website, cleansleep.com, offers mattress cleaning services for both commercial and residential customers.
What Is The Current Valuation Of Clean Sleep?
There is no information available on the current valuation of Clean Sleep. The only information available is that Michael Ingle, the founder of Clean Sleep, asked for $1.5 million for 15% of his company on Shark Tank, but did not receive any offers from the Sharks.
The search results also mention Eight Sleep, a company that sells smart mattresses and has a valuation of $500 million after raising over $150 million from investors. However, Eight Sleep is a different company from Clean Sleep.
Where is clean sleep located?
Clean Sleep, headquartered in Dallas-Fort Worth, provides mobile mattress cleaning and sanitizing services for commercial, residential, and government clients.
What episode was clean sleep featured on Shark Tank?
Clean Sleep appears on Shark Tank Season 7 episode 18.
How much money has clean sleep making?
As of April 2021, this firm was still operating, generating $2.7 million in yearly sales.
When was clean sleep aired on Shark Tank?
Clean Sleep appeared on Shark Tank on February 19th, 2016
How often should they clean their mattress?
They often recommend washing their mattress every six months or so. Of course, people should clean their mattress quickly if they spill something on it.
By using a high-quality mattress protector, they can avoid cleaning their mattress as regularly.
What methods of payment do they accept?
They accept the following payment methods credit cards, and checks.
What is the net worth of Michael Ingle?
Michael Ingle’s net worth is unavailable.
