Doc Spartan Shark Tank Net Worth 2023

According to various sources, Doc Spartan was valued at around $300,000 during its Shark Tank appearance.

However, the company has since grown significantly and has been able to find success following its deal with Robert Herjavec. Its current net worth is not available.

What is Doc Spartan? Who is the founder of Doc Spartan?

Doc Spartan is a company that manufactures and distributes hygiene products for men, women, and animals. Their range of products includes underarm deodorants, scented and unscented soaps and scrubs, beard care oils, butter, and soaps, skincare products, and pet care products.

The idea for the company came from Dale King and Renee, who wanted to create natural products with therapeutic properties for their family, friends, and clients.

However, their business expanded due to the opioid addiction crisis in their hometown of Portsmouth. They realized that addiction is only the first step toward complete recovery, and providing work and a steady income is the next stage.

To achieve this, they decided to expand their product manufacturing and hire additional staff. One of their first employees was a young man who had recovered from addiction but needed stable employment.

Dale King and Renee met at Dale’s cross-fit facility, PSKC Cross Fit. Dale is a veteran of Operation Iraqi Freedom, and Renée is married to a retired military helicopter pilot.

Dale asked Renée, a mother of three, to create an ointment for gym-goers that could also be used as first aid for cuts and scrapes in the field.

This led to the development of Doc Spartan’s flagship product, Combat Ready Ointment, which is designed to heal wounds and scrapes that can occur during physical activity or manual labor.

It comes in various formats, including a large container, a chapstick-style dispenser, or a roll-on deodorant-style dispenser.

In addition to Combat Ready Ointment, Doc Spartan has expanded its product line to include all-natural deodorants, soaps, scrubs, and beard care products.

All their products are made with natural ingredients, such as coconut and essential oils. They are reasonably priced and can be purchased online through Amazon, on the Doc Spartan website, or in select retail locations.

Doc Spartan Shark Tank Pitch

Dale and Renée decided to present their product to the investors of Shark Tank during episode 16 of Season 8, hoping to expand their retail market.

On the show, they sought $75,000 in exchange for a 15% share in their company, which was valued at $500,000.

Dale asked the Sharks about their experiences with cutting themselves, including paper cuts from counting $100 bills with Kevin O’Leary.

They explained that their product, Doc Spartan, is a natural ointment that aids in healing cuts quickly. Dale distributed samples while engaging with the Sharks.

They shared the story of how they created the product and displayed before and after photos of cuts to demonstrate its effectiveness when Robert Herjavec asked about how it works.

They informed Robert that their goal was to get their product placed in the first aid section of retail stores. Currently, it is only available online and in a few gyms and tattoo shops.

It costs $0.95 to make a tin of ointment, and they sell it for $9.99. They have generated $56,000 in sales in the past 11 months.

Mark Cuban believed that they lacked sufficient research and declined to invest, while Lori Greiner was puzzled by the packaging.

Daymond John left the deal, stating that Lori knew more about testing and claims than the other Sharks.

Lori Greiner also walked out due to her concerns, and Kevin O’Leary, though fond of the product, did not believe it was a viable investment.

Robert Herjavec, however, was enthusiastic about the product and the entrepreneurs. He offered $75,000 in exchange for a 25% stake in the company, but Dale countered with a 20% share, which Robert declined.

Dale then offered to buy Robert the first beer if he accepted their offer, to which Robert agreed. The deal was closed, and after the show aired, they sold almost 4000 units in a week.

They are collaborating with Robert to have their product placed in PX stores on military sites and attend many trade shows.

They also expanded their range of personal care products and updated their Amazon storefront. As of November 2021, the company was still operating, generating an annual revenue of $1 million.

Competitors of Doc Spartan

Doc Spartan competes with A1 Skincare.

Net Worth of Doc Spartan

The firm was valued at $500,000 during the pitch, after the investment done by Robert Herjavec the company valued at $300,000. In 2021 the firm has an estimate net worth of $2.5 million.

Toor Smart Lockbox Updates

Toor is a smart lockbox that allows authorized users to access house keys through a smartphone app, even when the owner is away.

The lockbox was created and is led by Junior Desinor, who appeared on Shark Tank in Season 8 seeking an investment of $500,000 for 10% equity in his company, valuing it at $5 million.

After a successful Kickstarter campaign, the lockbox was launched in 2018 and retailed for $199 per device at launch with a monitoring fee of $100 a month.

However, Toor has not been available for purchase much since Kickstarter’s orders were sent out. The company has seen no online presence as of today, and the products are not sold online nor does the company have a social media presence.

Recent updates on Desinor’s life show that he has opened a brick-and-mortar CBD store with his wife in Dallas, Texas. Movement on Toor is at a standstill, and with no updates on social media or the website, it doesn’t seem likely to pick up in the near future.

In conclusion, Toor was a smart lockbox that allowed authorized users to access house keys through a smartphone app.

The lockbox was launched in 2018 after a successful Kickstarter campaign, but the company has seen no online presence as of today, and the products are not sold online nor does the company have a social media presence.

Doc Spartan Shark Tank Table Summary:

ASPECT	INFORMATION
What is Doc Spartan?	A company that manufactures and distributes hygiene products for men, women, and animals, such as underarm deodorants, soaps and scrubs, beard care oils, butter, and soaps, skincare products, and pet care products, made with natural ingredients.
Founder	Dale King and Renee
Shark Tank Pitch	Sought $75,000 for a 15% share in the company, which was valued at $500,000. Received an offer from Robert Herjavec of $75,000 for a 25% stake in the company, which was eventually settled at 20%.
Competitors	A1 Skincare
Net Worth	Valued at $300,000 after Shark Tank appearance, and estimated to have a net worth of $2.5 million as of 2021.
Toor Smart Lockbox	A smart lockbox that allows authorized users to access house keys through a smartphone app, created and led by Junior Desinor, who appeared on Shark Tank in Season 8 seeking an investment of $500,000 for 10% equity in his company, valuing it at $5 million. The lockbox was launched in 2018 and retailed for $199 per device at launch with a monitoring fee of $100 a month. No recent updates or online presence from the company as of today.

Doc Spartan FAQs

What Is Toor Smart Lockbox ?

Toor Smart Lockbox is a smart lockbox with a companion app that allows sellers to set up showings without anyone being present. The lockbox has a removable steel padlock-style shackle that adapts to all kinds of doors, knobs, or handles.

The companion app wirelessly notifies users when the lockbox is opened or closed by a guestlist user.

Toor Smart Lockbox was presented on Shark Tank in Season 8 by Junior Desinor, a real estate agent. Desinor asked for $500,000 for 10% equity but ended up accepting $200,000 for 10% and $300,000 as a loan with a contingency.

After a successful Kickstarter campaign, the lockbox was launched in 2018 for $199 per device at launch and a monitoring fee of $100 a month.

Toor Smart Lockbox was initially designed for the selling of real estate but can be used for any number of entry needs, from guests staying in vacation homes to added security for personal use. The lockbox has many beneficial features for every member of the buying and selling process.

How Does Toor Smart Lockbox Works?

Toor Smart Lockbox is a smart lockbox with a companion app that allows homeowners and business owners to secure access to their property via a lockbox that is controlled by a mobile app.

The lockbox is designed with cellular and Bluetooth connectivity, which makes it easy for realtors and potential buyers to leave or pick up keys in order to access a house, office, or apartment.

The lockbox combination is preset to open on 0-0-0-0, and combination reset instructions are included with the product.

Toor Smart Lockbox is an advanced electronic lockbox and an external home-security device that allows homeowners to manage access to their home from anywhere in the world.

The lockbox enables a prospective buyer to schedule a home tour on a smartphone app that will give the buyer immediate access to the property.

The lockbox is designed to keep a key inside it, and it takes this simple tool to the next level by allowing homeowners and professionals to encounter lockboxes with ease.

Toor Smart Lockbox was presented on Shark Tank in 2020, and it has many beneficial features for every member of the buying and selling process.

However, it hasn’t been available for purchase much since Kickstarter’s orders were sent out. With so many lockboxes on the market already outfitted with smart technology, it may not be surprising that Toor didn’t take off.

What Happened To Toor Smart Lockbox After Shark Tank?

Toor Smart Lockbox appeared on Shark Tank Season 8 and landed a deal with Kevin O’Leary and Barbara Corcoran. Junior Desinor, the inventor of Toor, asked for $500,000 for 10% equity but ended up accepting $200,000 for 10% and $300,000 as a loan with a contingency.

However, the deal never closed, and the company eventually closed itself.

After the show aired, Junior Desinor decided to pass up on the shark’s initial offer, and a deal was never made. However, Junior maintains that he remains in close contact with Barbara.

The company eventually launched its product in 2018 and shipped the boxes purchased from Kickstarter. Still, nothing came from the partnership with Touch of Modern. The products are not sold online, and the company has no social media presence.

What Is The Current Valuation Of Toor Smart Lockbox?

Toor Smart Lockbox is a device that allows authorized users to access house keys through a smartphone app, even when the owner is away. The lockbox was initially designed for real estate tours, but it can be used anywhere for added security.

Junior Desinor, the creator of Toor, appeared on Shark Tank seeking an investment of $500,000 for 10% equity in his company, valuing it at $5 million. However, he secured a deal with Kevin O’Leary and Barbara Corcoran for $200,000 for 10% equity and $300,000 as a loan with a contingency.

After a successful Kickstarter campaign, the lockbox retailed for $199 per device at launch and cost a monitoring fee of $100 a month. Junior co-founded a CBD business called City Naturals in 2019. As of 2023, Toor is valued at an estimated $500,000.

However, the company has closed and is no longer selling its smart lockboxes.

Is Toor Smart Lockbox Still In Business?

Toor Smart Lockbox is still listed as an active company. However, the company has not been selling its smart lockboxes since the Kickstarter orders were sent out. The Toor website is still up and showing off how the product works, but it is not available for purchase.

If a potential buyer clicks on the “BUY NOW” button, it will redirect the user to a page where they should be able to purchase, but all buying options are marked as unavailable. The company has gone quiet on social media, and its Kickstarter page has not been updated since January 2018.

Toor was established in 2016, targeting entire real estate brokerages instead of individual agents. After launching a Kickstarter campaign, the company made $100,412 in pre-sales. The lockbox was initially made for real estate tours, allowing property access via a mobile app.

The product is an innovation for the whole of the real estate industry, and it safely keeps the keys and has a sensor technology that helps the buyer or agent to safely keep the keys. The lockbox will retail for $199 per device at launch and cost a monitoring fee of $100 a month.

What is Doc Spartan?

Doc Spartan is a firm that produces and distributes male, female, and animal hygiene products. These items include: underarm deodorants, scented and unscented soaps and scrubs, beard care oils, butter, and soaps, skincare products, and pet care products for the four-legged buddy.

Who is the founder?

Dale King and Renee from Portsmouth established Doc Spartan. The desire to create natural items with therapeutic properties sparked the concept for the firm.

How much were they asking on Shark Tank?

Doc Spartan was asking for $75,000 for 15% stake in their company at value of $500,000.

Did they get the deal?

Yes, the firm got their deal with Robert Herjavec for $75,000 for 25% stake of the company.

Is Doc Spartan still in business?

Yes, the firm is still in business in November 2021

Where is Doc Spartan from?

Doc Spartan is from the Portsmouth, United States of America.

What is each of Doc Spartan’s products?

Combat Ready Ointment: Combat Ready ointment is a cure for minor cuts and scrapes, as well as a perfect first aid lotion that can be used in the field by military personnel.

Is Doc Spartan successful?

Yes, they’ve made $1 million in sales within a year.

What is Doc Spartan’s business model?

The firm’s business model is a product-based one. They use their medicinal ointment as a base and expand their product line to include all-natural deodorants, soaps, scrubs, and beard care goods.

Why did Dale and Renee want to get on Shark Tank?

They wanted to be aired on the show because it would give the firm more publicity and increase their retail reach.

Where do I buy Is Doc Spartan?

Customers can buy their products on their website and through retailers including Amazon.

Is Doc Spartan a scam?

Doc Spartan is not a scam as they have been around for quite some time. The firm has been in the business for nearly 20 years, selling over $1 million of goods in a year.

Are the products safe for humans and pets?

The products are natural, created with essential oils, and not likely to cause any allergies or irritation. The firm uses chemicals that are FDA approved for the production of the goods.

Does Is Doc Spartan accept PayPal?

The firm accepts PayPal for all of their purchases.

How Do I contact Doc Spartan?

Consumers can get in touch with Doc Spartan by visiting their website www.docspartan.com or calling them on 740.353.4875 or email at info@docspartan.com.

What is the net worth of Dale King?

Dale King net worth is $700,000.

What is the net worth of Renee Wallace?

Renée Wallace net worth is $400,000.