FurZapper Shark Tank Update | FurZapper after the Shark Tank
What is FurZapper?
The FurZapper is a safe, re-usable, and effective pet hair remover that goes into your washer/dryer and gently removes pet hair from your clothing.
Michael Sweigart came up with the idea for FurZapper by chance.
Michael used to handle his family’s laundry, but as the owner of two dogs and a cat, he was annoyed by having to pull animal hair out of clothes that had previously been cleaned and dried.
Hair and fur always made their way into all sorts of garments, and he couldn’t figure out why washing machines couldn’t clean the pet hair and lint on their own.
When a silicon zombie mask dropped to the floor, he discovered that animal hair had been entangled in the silicone, which was readily cleaned away afterwards.
With an idea in his head, he threw in a silicon mask with his next wash of laundry, and it came out animal hair-free.
As a result, the concept of FurZapper was formed.
FurZapper is a patent-pending tool that was intended to give pet owners with a solution to remove pet hair and keep it off of their clothes, according to the business website.
Although the firm had amazing success and exponential expansion after it was launched, the duo sought capital injection to assist them in bringing manufacturing processes in-house in order to increase employment in the United States.
To accomplish this successfully, they would prefer to work with a Shark with manufacturing expertise.
On Shark Tank Season 12 Episode 20, entrepreneurs Harry Levin and Michael Sweigar presented their firm and product, FurZapper, to the Shark Tank investors to see if they could land a contract with one of the Sharks.
They had opportunity to present their business to Sharks Mark Cuban, Kevin O’Leary, Barbara Corcoran, Lori Greiner, and special guest Shark Kendra Scott.
At the end of the show, the two walked away with a $600,000 contract for 15% equity from Lori Greiner, who will also give an extra line of credit as needed.
Who is the founder of Furzapper?
In 2016, Michael Sweigart invented the patent-pending product. He spent the most of his professional life handling SEO and web marketing for auto dealerships.
Sweigart also worked in sales, marketing, and business development after graduating from Rutgers University with a degree in psychology, including stints at an import/export company, Sam’s Club, and a firm providing corporate security systems, intranets, and websites.
He quit his previous job 20 years ago to start his own firm, “and I’ve had five enterprises since then, usually involving the production of advertising, commercials, and infomercials for various customers,” he says.
FurZapper after the Shark Tank
On Shark Tank Season 12 Episode 20, Harry Levin and Michael Sweigart approached the Shark Tank seeking $600,000 for a 10% stake in FurZapper.
Lori Greiner, the QVC Queen, initially proposed the product for $600,000 for a 19.9 percent interest.
Mark Cuban, not to be overtaken, made his own bid of $600,000 for a 15% share.
Lori was so determined to complete the purchase that she matched Mark’s offer.
When it came time to make a choice, the duo agreed to consummate the contract with Lori on the condition that she would issue an additional line of credit in the future if they required it.
She was more than willing to comply and was overjoyed at the prospect of finalizing the deal.
They accepted an offer from Lori Greiner for $600,000 for a 15% stake in FurZapper.
After the last FurZapper Shark Tank episode aired in March 2021, the brand has maintained a 5-star rating on Amazon.
They have over 10,000+ Amazon customers who left 5-star reviews.
FurZapper Net Worth
On Shark Tank Season 12 Episode 20, Harry Levin and Michael Sweigart entered the Shark Tank looking for $600,000 for 10% of FurZapper. That was a $6 million company valuation.
They later accepted Lori Greiner’s offer of $600,000 for 15% of FurZapper, reducing the company net worth to $4 million.
FurZapper is a one-of-a-kind and surprisingly simple solution for removing pet hair from clothing. A must-have item for pet owners, it piqued our curiosity in learning more about the brand.
It removes pet hair from clothing as it is washed and dried.
Harry Levin and Michael Sweigar are business owners of an eco-friendly solution that aids in the removal of pet hair from clothing.
They went to the shark tank seeking a $600,000 investment for 10% equity.
As a result, they secured $600,000 for 15% equity and an additional line of credit from Lori Greiner.
What Exactly Is Furper?
FurZapper is a pet hair removal product for laundry. According to the company website, FurZapper is a patent-pending tool that was intended to provide pet owners with a solution to remove pet hair and keep it off of their clothes.
What prompted you to launch Fur Zapper?
The founder acknowledges that FurZapper was a lucky accident. He said he came up with the concept for FurZapper because he was fed up with pet hair being stuck in his clothing even after washing and drying them
What methods did FurZapper use to find buyers?
FurZapper’s first retailer was Walmart.
How Does FurZapper Operate?
You put the product in the washing machine/dryer with your laundry, and it absorbs the fur.
What are the numbers for sales volume?
According to the entreprenuers, FurZapper generated $4 million in sales in 2020 despite the country facing Covid-19.
Who are the FurZapper founders?
FurZapper is the brainchild of Michael Sweigart and Harry Levin. FurZapper began with Michael, who discovered by accident that silicone works well for eliminating pet hair from laundry during washing.
What exactly was the deal?
The two entrepreneurs behind the pet product, Harry Levin and Michael Sweigar of Long Beach Island, New Jersey, entered the Tank looking for a $600,000 investment in exchange for 10% equity.
The two managed to get away with a $600,000 deal with Lori Greiner in exchange for 15% equity. Lori Greiner will also offered an extra line of credit if needed.
Which episode of the shark tank featured FurZapper?
In Shark Tank episode 1215, Michael Sweigart and Harry “Hairy” Levin pitched FurZapper, a product that removes dog hair from garments in the washing and dryer.
How far is the deal with Lori?
There is no proof that this transaction with Lori was completed as of November 2021, the date of the first re-run of this episode.
What’s the best way to remove pet hair off a zombie mask?
Sweigart perfected a sticky silicone mix and paw-shaped size that would work in both washers and dryers with the FurZapper.
What steps did they do to get the product listed on Amazon?
Sales to friends and family, word of mouth, and Facebook advertisements all assisted the duo in getting their product on Amazon in 2018, “and then things really skyrocketed,” Sweigart said.
What are the numbers?
Despite the epidemic, they did $640,000 in first sales year in 2018, then over $2 million in 2019, and $4 million in 2020.
What was their first large transaction?
Michael and Harry’s first big deal was with Walmart.
What is the dimensions of FurZapper?
It is a 4 x 4 x 0.75 inch product that weighs 5 ounces.
How do you use FurZapper?
The FurZapper is a safe, reusable, and efficient pet hair remover that goes into your washing machine or dryer and gently removes pet hair from your clothing.
Simply add the FurZapper in your clothes washer during standard washing cycles, and it will gently adhere to and separate pet fur or pet hair from your clothing.