Dude Wipes Shark Tank Update | What Happened After Shark Tank? | Dude Wipes Net Worth
About Dude Wipes
Dude Wipes are a disposable wipe product made by Dude Products, a Chicago-based personal care company.
Dude Wipes officially launched in 2012 and was honored with the 2013 Visionary Award at the Vision 2013 Consumer Products Conference.
Sean Riley, Brian Wilkin, Ryan Meegan, and Jeff Klimkowski, founders and childhood friends, designed Dude Wipes in their Chicago apartment in 2010.
It was touted as a male-specific flushable personal wipe that could be used instead of regular baby wipes.
In 2012, the product was first made available to consumers in retail shops and online, and it is currently available nationwide at Kroger, Target, Meijer, Ralphs, and Bass Pro Shops.
What Happened After Shark Tank?
Dude Products’ creators featured on ABC’s Shark Tank in 2015, where they received a $300,000 investment from Dallas Mavericks owner Mark Cuban in exchange for a 25% share in the firm.
Walmart chose Dude Products for countrywide distribution in 2018 as part of their Made in the USA program, which aims to source $250 billion in US-made goods by 2023.
After sponsoring fighter Tyron Woodley and having their brand appear on his trunks at UFC 174, Dude Wipes trended globally on Twitter.
Justine Kish, a UFC fighter, was also sponsored by Dude Products when she lost control of her bowels in the ring during a chokehold.
Rob Dyrdek’s Fantasy Factory featured Dude Wipes on an episode in 2015.
As part of a guerilla marketing strategy, placards for Dude Wipes appeared many times during Fox’s coverage of the 2016 World Series at Wrigley Field 2016.
Dude Products gave him a supply of Dude Wipes after Arizona Diamondbacks pitcher Archie Bradley disclosed in an interview that he had a bowel accident while throwing during a game, which Bradley published on social media and went viral.
Beginning in July at Pocono Raceway, Dude Wipes began sponsoring Matt DiBenedetto and the 32 Go Fas Racing team in NASCAR.
In October 2018, Dude Wipes struck an endorsement deal with New York Jets running back Isaiah Crowell after Crowell celebrated a touchdown against the Cleveland Browns by pretending to wipe his behind with the football.
Dude Wipes Net Worth
Dube Wipes increased from $250K in revenue pre-Shark Tank to tens of millions in sales three years after the Shark Tank episode aired, thanks to this sudden visibility and incredible support from Mark Cuban.
According to Dudes Products website, in the 30 months after Mark invested in in Dude Wipes, the saw a 40x growth in overall sales.
Dude Pipes’ growth was boosted by appearances on Shark Tank and collaboration with Mark and his crew.
Dude Products’ creators received a $300,000 investment from Dallas Mavericks owner Mark Cuban in exchange for a 25% share in the firm.
This was a company valuation of about $1.2 million dollars.
This value has however grown to tens of millions of dollars in company net worth.
Dude Wipes FAQs
What are Dude Wipes?
Dude Wipes, flushable wipes designed especially for men, was pitched by its three young founders from Chicago (Sean Riley, Ryan Meegan, and Jeff Klimkowski) on Shark Tank in 2015.
Dude Wipes are just like babies but for dudes.
Since appearing on Shark Tank, Dude Wipes has expanded to much more than just flushable sanitary wipes.
Who are the Dude Wipes founders?
Sean Riley, Ryan Meegan, and Jeff Klimkowski, collectively known as “the Dudes,” founder the company. They all pitched Dude Wipes, their line of men’s disposable wipes, in Shark Tank episode 706.
How is the Dude Wipes story?
Meegan, Sean Riley, Brian Wilkin, and Jeff Klimkowski are lifetime friends and co-founders of Dude Wipes.
The four guys often use baby wipes in the bathroom because they claimed they clean better than toilet paper alone.
They identified a need and founded the business in 2011, producing at an Arkansas facility.
Dude Wipes appeared on the show in the fourth episode of Shark Tank’s seventh season. The concept was to create a range of men’s wet wipes.
What are the benefits of using Wipes?
Dude wipes are pre-moistened disposable wipes for men.
Dude Wipes are also unscented, flushable, biodegradable, and contain Vitamin E & aloe.
Why are they Called DUDE Wipes?
Dude Products is the company name, the company was originally started by four guys who went to summer camp together.
Riley, Wilkin, Meegan, and Klimowicz. They had a vision of “disposable wipes that made you feel like your old self again”.
How much did the shark tank invest in DUDE Wipes?
They made a deal with billionaire dude Mark Cuban $300,000 in exchange for 25 percent equity.
Where Can I Buy Dude Wipes?
Dude Wipes are available online at Amazon and in August 2015 they were picked up by Kroger’s, Ralph’s, Fry’s Food Stores, King Soopers, Smith’s, and Dillon’s.
Who was the most interesting deal?
The pitch went surprisingly well but not surprisingly, none of the lady-sharks were very interested in the product.
Billionaire Mark Cuban was quite interested and came back with his offer, the contestants promptly accepted. The DEAL with Mark for $300K for 25% of the business.
What are Dude Wipes’ successes after the Shark Tank?
What are Dude Wipes’ successes after the Shark Tank?
According to the Dude Products website, DUDE is now available at over 12,000 locations throughout the country, including Kroger, Meijer, Jewel, Target, Safeway, Albertsons, and Walmart.
DUDE Wipes are also now available at 4,400 Walmart stores across the United States, following a rollout that began in June 2018.
DUDE Wipes are taking over the toilet paper aisles at some of your favorite retailers, in case you haven’t noticed.
Amazon selected DUDE as one of 150 businesses for their Amazon Dash button launch for online shopping DUDES.
Since appearing on Shark Tank, the DUDE Shower, DUDE Face Wipes, and DUDE Powder have all been introduced as new trademark products.
What do you think about the valuation?
Mark says “DUDE, he’s trying to wipe you out!” Lori likes the fact that guys are clean and she likes the packaging, but she hates the valuation.
The DEAL with a Mark of $300K for 25% of the business put the company valuation to $1.2 million
What are the four founders?
The four founders, Sean Riley, Brian Wilkin, Ryan Meegan, and Jeff Klimkowski, are working at Dude Products.
What is the founder’s background?
They all have degrees; Riley, a BS in Industrial Tech, Meegan in Marketing, Klimkowski BA in Accounting, and Wilkin’s an MS in Finance.
Dude wipes were started in 2011 when recent college graduates Sean, Brian, Ryan, and Jeff decided to start using baby wipes instead of toilet paper.
Headquartered in Chicago, IL, the company does the bulk of its business through its website, though customers can purchase through Amazon.
Is Dude Wipes Still in Business?
Yes, Dude Wipes are still in business and expanding to many retail stores in the US and outside the market.
Mark Cuban agreed to invest $300,000 for a 25% stake in Dude Wipes on a season 7 episode of Shark Tank.
The company has grown significantly since then.
Aside from new store relationships, the firm has also released an Amazon Dash button, shot an online video commercial with Cuban, and just debuted a new product: Dude Shower Body Wipes.
What are Dube Wipes’ competitors?
The company’s biggest competitor would be Cottonelle flushable wipes, whose market presence in the US is relatively large, being stocked at all the major retail outlets, including Walmarts, nationwide.
How did dude wipes do after Shark Tank?
The founders came to the Shark Tank show seeking an investment of $300,000 in exchange for 10% equity in their company.
They made a deal with billionaire dude Mark Cuban $300,000 in exchange for 25 percent equity.
According to the documentary, the company has made $3.2 million in sales two years after appearing on Shark Tank.
Dude Wipes has scored a retail partnership with Walgreens, which would see its flushable sanitary wipes for guys sold in 4,300 shops throughout the US, according to co-founder Ryan Meegan.
How Much Does Dude Wipes Have Worth?
The company is estimated at a net worth of over $25 million today
What Was Dude Wipes? What were the benefits of Dude Wipes?
The idea was a line of wet wipes marketed towards men.
Guy Wipes were designed with the aim of providing men with a bigger, hygienic wipe that they could use on all of their “dude parts.”
The wipes were soaked with aloe and vitamin E to make them soft enough to use on even the most delicate portions of the body.
Did Mark Cuban recoup his investment?
Cuban’s investment in Dude Wipes has definitely paid off since the firm is not only still in operation but is constantly introducing new items.
Dude Wipes Shark Tank Update Season
