Grip Clean Shark Tank Net Worth
Bryce Hudson, the founder of GripClean, has a net worth of $2.3 million as of 2022. He founded GripClean in 2015 and pitched it to the Sharks on Shark Tank in November 2015.
He asked for an investment of $85,000 for 20% equity in his company, but Lori Greiner offered him $85,000 for 35% equity instead. This means that the net worth of the company was $242,857.14 during the pitch.
GripClean has since grown to have annual revenue of $3 million as of August 2022. It is still available on Amazon and on the Grip Clean website, and its latest numbers place its annual revenue at around $3 million.
What is Grip Clean and Who is the founder of Grip Clean?
Grip Clean is a hand-cleaning solution made of natural, plant-based ingredients that are designed for athletes, active individuals, and busy families. It is a user-friendly product that comes in a convenient container and does not contain any harsh chemicals.
The solution’s ingredients include organic components and dirt, which is used to exfoliate and remove oil and grease from hands.
The founder and current CEO of Grip Clean is Bryce Hudson, who was previously a competitive motocross athlete. Bryce spent most of his time riding motorcycles or working on them before becoming known as the “Soap Boy.” He started the company with a Kickstarter campaign that raised $10,000.
Bryce created Grip Clean because he wanted an all-natural solution to remove the oil from his hands after working on his motorcycles. When he couldn’t find one, he decided to make his own. The solution he created is an industrial-strength hand soap that uses dirt as an active grease remover.
Bryce discovered that massaging his greasy hands in the soil before washing them was the best way to remove grease and oil from his skin.
Each bottle of Grip Clean contains a significant amount of high-quality dirt. Although Bryce still rides, the physical strain of motocross is causing him to consider focusing on building his own business rather than competing in motorcycle jumps.
Grip Clean Shark Tank pitch?
In Season 7, Episode 8 of Shark Tank, Bryce Hudson, a professional motocross rider, presented his all-natural industrial-grade hand soap called Grip Clean. He requested $85,000 in exchange for a 20% stake in the company, which was valued at $425,000.
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Despite the fact that he had no revenue at the time, Bryce pitched his product successfully, emphasizing its unique selling proposition: a natural soap made from dirt, coconut, and olive oil. Lori Greiner, one of the Sharks, offered Bryce $85,000 for 35% of the company, which he accepted on the show.
However, the deal with Lori was never finalized after the show aired. Nevertheless, Bryce went on to sign distribution agreements with several major retailers, including Cycle Gear, Advanced Auto Parts, and CarQuest. Grip Clean is also available for purchase on its website and on Amazon.
As of December 2021, Grip Clean has generated $3 million in annual revenue, making it a successful venture for Bryce.
Competitors of Grip Clean
Grip Clean has many competitors in the marketplace. These are; Kingman Industries, Inc., Frannie Fabulous Inc., David Natural Toothpaste, and Smith Family Handmade Soap.
Net Worth of Grip Clean
The valuation of the company was $425,000 during the pitch. Since then the company has been performing well in sales with annual revenue of $3 million in 2021. This justifies that the company’s net worth had elevated.
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Grip Clean Shark Tank Updates
Grip Clean is an all-natural industrial-strength hand soap for grease and oil that was created by MotoCross pro and X Games star Bryce Hudson.
Hudson was tired of constantly washing his hands with soaps that destroyed his hands, so he created a soap that used dirt to fight dirt. The soap is made of coconut and olive oil soap with dirt mixed in for extra exfoliation.
In 2015, Hudson appeared on Shark Tank and asked for an $85,000 investment in return for a 20% equity share in his company. Lori Greiner made an offer of $85,000 for 35% equity, which Hudson accepted.
After appearing on Shark Tank, Grip Clean’s popularity increased, and the company landed distribution deals with CarQuest, Advanced Auto Parts, and Cycle Gear. As of 2022, Grip Clean has annual revenue of $3 million.
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However, the deal with Lori Greiner never got past the due diligence stage. Despite this setback, Hudson managed to grow the business. Grip Clean is still operational and can be purchased on Amazon and the Grip Clean website.
What Happened To Grip Clean After Shark Tank?
Bryce Hudson, the founder of Grip Clean, was featured on Shark Tank in 2015 and reached an agreement with Lori Greiner for $85,000 in exchange for a 35% stake in the company. However, the deal ultimately fell through.
Despite this setback, Hudson was able to expand the business and secured distribution deals with Cycle Gear, Advanced Auto Parts, and CarQuest. As of August 2022, Grip Clean’s annual revenue reached $3 million.
Grip Clean is an all-natural, industrial-strength hand soap designed to combat grease and oil-using dirt. It is particularly useful for professionals who frequently get their hands dirty, such as mechanics.
The soap is made from a blend of coconut and olive oil with added dirt for extra exfoliation. It can be purchased on the Grip Clean website and Amazon.
After his appearance on Shark Tank, Hudson’s business experienced a surge in popularity. However, he encountered some difficulties afterward.
Although he continues to sell on his website and Amazon, the physical strain of extreme motocross riding has led him to consider focusing on the growth of his company rather than competing.
What Distribution Deals Did Grip Clean Make After Shark Tank?
Bryce Hudson, an X Games athlete, and MotoCross professional, presented his company, GripClean, to the Sharks in episode 709 of Shark Tank.
He pitched an all-natural, industrial-strength hand soap and was seeking an $85,000 investment in exchange for a 20% equity stake in his company. Hudson came up with the idea for GripClean after realizing that dirt is the best natural way to remove grease and oil from the skin.
He explained that each bottle of GripClean contains a significant amount of “the best” dirt on earth.
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Hudson, who has won gold and two silver medals at the X-Games, showcased his motorcycle skills in a segment that opened with a montage of him doing jumps and tricks.
He explained that he was currently making GripClean in his garage, but he wanted to expand the company for the day when he stops riding motorcycles in competitions. He also rode his bike into the studio and performed a trick right in front of the Sharks.
Although the deal with Lori Greiner never went beyond the due diligence stage, GripClean gained significant popularity after appearing on Shark Tank. Hudson landed distribution deals with CarQuest, Advanced Auto Parts, and Cycle Gear. As of 2023, GripClean is still operational, and its popularity has continued to grow in recent years.
How Much Revenue Does Grip Clean Generate Annually?
As of August 2022, Grip Clean generates annual revenue of $3 million. This is an increase from December 2021, when the company was reported to have generated the same amount of revenue.
Therefore, it can be concluded that Grip Clean’s annual revenue has remained stable at $3 million for at least the past eight months.
What Was The Shark Tank Pitch For Grip Clean?
Bryce Hudson, a professional MotoCross rider and X Games star presented his all-natural, industrial-strength hand soap, called GripClean, to the Sharks on episode 709 of Shark Tank. He requested an $85,000 investment in exchange for a 20% equity share in his company.
Hudson explained that he came up with the idea of GripClean due to his experience with dirt, which he discovered to be the most effective natural way to remove grease and oil from the skin. Each bottle of GripClean contains a significant amount of “the best” dirt on earth.
The segment opened with a montage of Hudson performing tricks and jumps on his motorcycle, where he mentioned his gold and two silver medals at the X Games.
Hudson revealed that he currently makes GripClean in his garage and aims to expand the company to prepare for the day when he stops competing.
He rode his bike into the studio and demonstrated a trick in front of the Sharks. Hudson explained that GripClean uses dirt to fight dirt and that it is particularly useful for professionals with frequently dirty hands, such as mechanics.
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After the appearance on Shark Tank, the business experienced significant growth. Hudson secured distribution deals with CarQuest, Advanced Auto Parts, and Cycle Gear.
However, the deal with Lori Greiner did not proceed beyond the due diligence stage. As of 2023, GripClean is still operational, and its popularity has continued to rise in recent years.
How Has The Grip Clean Company Grown Since Appearing On Shark Tank?
Grip Clean is a company that produces all-natural industrial-strength hand soap designed for removing grease and oil from hands.
The company was founded by Bryce Hudson, a former MotoCross professional and X Games star who created the soap due to his constant need to wash his hands after working with cars, oil, or grease.
Grip Clean appeared on Shark Tank Season 7 and secured a deal with Lori Greiner. Bryce asked for $85,000 for 20% equity and received $85,000 for 35% equity. Since appearing on Shark Tank, Grip Clean has grown significantly and landed distribution deals with CarQuest, Advanced Auto Parts, and Cycle Gear.
The company has also expanded its product line to include a whole range of high-grade janitorial supplies. Despite its growth, Grip Clean remains a family-owned and people-first company that provides personal service to every customer.
As of 2022, the founder of Grip Clean, Bryce Hudson, has a net worth of 2.3 million USD. The latest figures for the company put its annual revenue at around $3 million.
What Is The Unique Selling Point Of Grip Clean?
Grip Clean hand soap is different from other soaps because it uses dirt to clean dirt, making it a natural and gentle option for the skin. The soap is made with bentonite clay, coconut oil, and olive oil, which protect the skin and remove oil, grease, chemicals, and toxins.
The dirt in the formula acts as an exfoliant, leaving the skin smooth and healthy. The soap is effective for mechanics and other professionals with regularly dirty hands and is completely organic and free of harsh chemicals.
Bryce Hudson, the creator of Grip Clean, secured a deal with Lori Greiner on Shark Tank for $85,000 for 35% equity. As of 2023, Grip Clean can be purchased from their official website and Amazon.
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How Is Grip Clean Different From Other Hand Cleaners?
Grip Clean is a natural hand soap made from bentonite clay, coconut oil, and olive oil. It is gentle on the skin and protects it from extended use. The soap is designed to break down oils, grease, and residue without harming the skin’s health.
The soap contains dirt, which is the best natural way to remove grease and oil from the skin. Each bottle of Grip Clean contains “the best” dirt on earth.
Unlike other hand cleaners, Grip Clean is all-natural and vegetable-based, free from harsh chemicals that can damage the skin. It is suitable for mechanics, construction workers, farmers, and anyone who gets their hands dirty. The soap comes in different forms, including an 8oz bottle, hand and tool wipes, and ultra-moisturizing hand cream. It is backed by the Grip Clean Guarantee, promising to clean hands with confidence.
What Are The Ingredients In Grip Clean?
Grip Clean is a heavy-duty hand soap made from natural ingredients. The soap contains bentonite clay, which is a cosmetic-grade clay that breaks down oils, grease, and residue.
Grip Clean also contains coconut oil and olive oil, which protect the skin from the wear and tear of extended use. The soap is free from harsh chemicals, solvents, or detergents.
In addition to the natural ingredients, Grip Clean also contains pumice, which is a natural exfoliant that helps to remove dirt and grime from the skin.
The soap is designed for people who work with serious dirt, grease, oil, or even worse stuff on a daily basis, such as farmers, auto mechanics, fabricators, landscapers, and construction workers.
Grip Clean is available in different forms, including an 8oz bottle of all-natural hand soap, heavy-duty hand and tool wipes, and ultra-moisturizing hand cream. The soap is suitable for sensitive skin and is designed to remove toxins from the hands without compromising the skin’s health.
What Professions Benefit Most From Using Grip Clean?
Grip Clean is a heavy-duty hand soap made of all-natural ingredients. It is effective in removing common automotive grease, oils, inks, metals, odors, and stains.
The soap is safe to use on the whole body, making it an excellent choice for professions that require frequent hand washing, such as auto mechanics.
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Grip Clean’s natural formula utilizes absorbent Bentonite Clay, as well as high concentrations of coconut oil and olive oil to provide a deep cleaning and moisturizing effect simultaneously.
Additionally, Grip Clean is approved for sensitive skin, making it an ideal choice for individuals with delicate skin. Therefore, individuals that are frequently exposed to heavy-duty dirt and grime, such as auto mechanics, will benefit the most from using Grip Clean.
Grip Clean Shark Tank Summary Table:
INFORMATION | DETAILS |
Founder of Grip Clean | Bryce Hudson |
Date of founding | 2015 |
Type of product | Hand-cleaning solution made of natural, plant-based ingredients |
Pitched on Shark Tank | Season 7, Episode 8 (November 2015) |
Investment sought | $85,000 for 20% equity |
Offered investment | $85,000 for 35% equity by Lori Greiner |
Valuation during pitch | $242,857.14 |
Competitors | Kingman Industries, Inc., Frannie Fabulous Inc., David Natural Toothpaste, and Smith Family Handmade Soap |
Annual revenue (2022) | $3 million |
Net worth of founder | $2.3 million as of 2022 |
Distribution deals | Cycle Gear, Advanced Auto Parts, and CarQuest |
Current availability | Available on Amazon and the Grip Clean website |
Top of Form
What is Grip Clean?
Grip Clean is a natural, plant-based hand-cleaning product designed for sports, athletes, and busy families. It is easy to use and comes in a convenient package.
There are no harsh chemicals used in the production of the product. Dirt is included in the Grip Clean solution. The soap is entirely made of natural ingredients.
Who is the inventor?
Grip Clean is an invention of Bryce Hudson. He’s a professional motocross rider who also founded a soap manufacturing company named Grip Clean.
How much was asking on Shark Tank?
Bryce was asking for $85,000 for a 20% stake in his business which was worth $425,000.
Did he have the deal?
Yes, Bryce Hudson gets a deal with Lori Greiner for $85,000 for 35% of the company. But the deal was never completed.
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Is Grip Clean still in business?
Yes, Grip Clean is still in business with annual revenue of $3 million as of December 2021.
Where is the headquarters of Grip Clean?
The headquarters of Grip Clean is located at 41615 Date St Murrieta, CA 92562-6997 in the United States.
What is the industry of Grip Clean?
Grip Clean is in the Soap, Cleaning Compound, and Toilet Preparation Manufacturing business.
What is the phone number for Grip Clean?
The phone number for Grip Clean is (951) 389-8779.
What is the website of Grip Clean?
The website for Grip Clean is www.gripclean.com and an external web page new window is opened.
Grip Clean employs how many people?
Grip Clean employs four people.
Grip Clean was founded in what year?
Grip Clean began operations in 2014.
How does Grip Clean work?
The product is dirt and grease absorbed by the dirt itself. The dirt cleanses polishes and freshens hands. Dirt dissolves grease and oil. It has a fresh citrus scent that isn’t overwhelming.
Is Grip Clean legit?
Grip Clean is legitimate since it is a brand of Bryce Hudson. The company manufactures soap that’s been in use for 7 years without any issues.
What is the revenue of Grip Clean?
Grip Clean generates annual revenue of $3 million in 2021.
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How do I buy Grip Clean?
Customers can order Grip Clean online on Amazon or visit the company website at www.gripclean.com for more information.
What is the net worth of Bryce Hudson?
Bryce Hudson net worth is estimated at $17 Million.