Drain Strain Shark Tank Update| What Happened to Drain Strain after Shark Tank?
What is Drain Strain?
Drain Strain is a pop-up stopper with a built-in, reusable and recyclable basket to keep pipes clean and prevent valuables from falling down the drain, while blending in with the sink.
Created by Naushad Ali of Woodinville, Washington, Drain Strain captures hair, contact lenses, jewelry and other items that should not go down the drain.
The baskets are replaceable and made of recyclable materials. It is marketed as an easy, preventative solution to avoid contacting plumbers or using chemicals to unclog drains.
Who is the founder of Drain Strain?
Naushad Ali, the CEO and founder of Drain Strain, based in Woodinville, Washington, launched an Indie Go-Go campaign in July 2014 to fund the development of Drain Strain, a sink and tub drain stopper replacement that uses a small basket to collect debris and hair.
Despite only raising $2,010 out of a $25,000 target, Ali continued to develop the product, inspired by the frequent clogging of drains in his home caused by hair.
As of September 2014, the product appeared to still be in development and the company’s website and Facebook page had not been updated for several months.
What Happened to Drain Strain at Shark Tank pitch?
When Naushad Ali presents his Drain Strain, a no-clog drain stopper, on Shark Tank episode 616, he hopes to improve his business.
He seeks not only financial assistance, but also guidance in business and marketing. Naushad pitches for $110,000 in exchange for 15% equity in his company, valued at $733,333.
He demonstrates the product and explains the problem it solves, and distributes prototypes of the product, which is not yet in production but patented.
The Sharks are divided on the product, some finding it clever but complicated and others offering different deals.
Kevin offers $110,000 for 20% equity shares in exchange for a licensing deal, while Robert offers $110,000 for 10% equity shares depending on a licensing deal, which is valued at $1.1 million.
Naushad ultimately chooses to accept Robert’s offer and leaves the pitch with a deal.
What Happened to Drain Strain after Shark Tank?
Naushad secured a deal on the show and, with the help of Robert, Drain Strain was able to be sold in 1200 Home Depot stores.
Kevin Harrington, a previous Shark, also joined the Drain Strain team. In episode 813, an update on the business was provided, including the fact that they received an additional order for 500 Lowe’s stores.
The product is also available on Amazon and as of January 2022, the company has an annual revenue of $3 million and is still in operation.
Competitors of Drain Strain
Drain Strain is facing strong competition in the market from Drano Max Gel Clog Remover and Drain X.
Net Worth of Drain Strain
The company valuation was $733,333 during the pitch, after the investment done by Robert the company worth $1.1 million.
Since then the company is still operating with annual revenue of $3 million as of January 2022 and hence the company net worth is much higher.
Drain Strain FAQs
What is Drain Strain?
Drain Strain is a sink drain stopper replacement. A little basket lies beneath the stopper to gather debris and hair that would otherwise fall down the drain and block pipes.
When the basket is filled, just twist the basket off, drop the waste into the trash, and replace the stopper.
Who Invented Drain Strain?
Naushad Ali of Woodinville, Washington invented Drain Strain.
How much was seeking on Shark Tank?
Naushad was seeking for $110,000 for 15% equity shares in Drain Strain.
Did he have the deal?
Yes, Naushad had a deal with Robert Herjavec.
How much did he receive on Shark Tank?
Robert offered $110,000 for 10% equity shares in exchange for a licensing deal with Drain Strain.
Is Drain Strain still in business?
Yes, Drain Strain is still in business as of 2022.
Where is Drain Strain located?
Drain Strain is based in Woodinville, Washington.
Who is the CEO of Drain Strain?
Drain Strain is being run by Naushad Ali, who is the founder and CEO of Drain Strain.
What is the revenue of Drain Strain?
The revenue of Drain Strain is $3 million as of January 2022.
What is Drain Strain website?
The website of Drain Strain is www.drainstrain.com
How can I buy Drain Strain?
Drain Strain can be bought from Amazon.
How much does Drain Strain weigh?
Drain Strain weighs 1 pound and 16 ounces.
What is Drain Strain Business Model?
The company makes money by licensing its sink stopper to big retailers like Home Depot and Lowe’s. The product retails for $14.99 to $19.99.
How does Drain Strain work?
Drain Strain includes a basket that catches most of the hair and other debris from going down the drain. The Drain Strain comes with a tool to remove the basket and dispose of it properly.
Some baskets are made out of recyclable material, so once they remove them, they can recycle them.
When did Naushad Ali appear on Shark Tank?
Naushad appeared on Shark Tank Season 6, Episode 16.
Is Drain Strain shipping?
Drain Strain is available for shipping.
What is the shipping cost of Drain Strain?
Drain Strain is free shipping.
Is Drain Strain available in stores?
Drain Strain is available in stores.
Is Drain Strain a scam?
No, Drain Strain is legit and is available for purchase.
What is the return policy of Drain Strain?
Drain Strain does not have a return policy, but one can contact Drain Strain for any assistance.
Does Drain Strain have Facebook?
Yes, Drain Strain has a Facebook profile and a Twitter profile. Check out the pages to see more about the product and try to buy one from there.
How do I pay for Drain Strain?
Drain Strain accepts payments via PayPal.
Is Drain Strain’s product good?
Yes, the products of Drain Strain are quite good and are highly recommended.
Where is Naushad Ali now?
Naushad Ali still runs Drain Strain and is setting up a new production facility in order to produce and ship more units of Drain Strain.
How much is Naushad Ali worth?
Naushad Ali’s net worth is not disclosed as of January 2022.