HairFin Shark Tank Net Worth-What Happened After Shark Tank?

HairFin Shark Tank Net Worth

Tony, the founder of HairFin appeared on Shark Tank seeking $25,000 for 20% equity in his company, giving it a valuation of $125,000.

Daymond John offered him $25,000 for 30% equity which he accepted, dropping its valuation to $83,333.

Since its launch in 2020, the product is available on Amazon exclusively and has generated $41,000 in sales.

A set of three HairFins costs $14.99 and comes with two-, three-, and four-inch guides. They are also developing five- and six-inch guides.

Table: HairFin Shark Tank Summary

INFORMATION	DETAILS
Founder	Tony Litwinowicz
Company	Stoke, LLC
Shark Tank Valuation	$125,000
Shark Tank Deal	$25,000 for 30% equity with Daymond John
Sales	$41,000 (since 2020 launch)
Product	Patented hair cutting tool
Cost	$14.99 for a set of three HairFins (2-, 3-, and 4-inch guides)
Availability	Exclusively on Amazon and Etsy
Current Valuation	$0.7 million
Manufacturing	USA (Derby, Connecticut)
Patents	US Patent D939,771 S (others pending)
Impact of Shark Tank	Increased sales significantly in the same week

Hairfin Updates

HairFin is a measuring tool for haircuts that was introduced by Tony Litwinowicz in the summer of 2020. The tool is designed to fit between two fingers and has a curved, fin-like base that goes through hair easily, allowing the hair to be pulled straight for cutting at a uniform length.

HairFin is manufactured in the USA in Derby CT and is sold exclusively on Amazon and Etsy. A set of three HairFins costs $14.99 and comes with two, three, and four-inch guides. They are also developing five and six-inch guides.

In Shark Tank Season 13 Episode 20, Tony Litwinowicz asked for $25,000 for 20% equity in his company, Stoke, LLC, which specializes in designing innovative consumer products. Daymond John offered $25,000 for 30% equity, and Tony accepted the deal. Since its launch, HairFin has had $41,000 in sales.

As of April 2023, HairFin is still in business and its current worth is estimated at $0.7 million. The Shark Tank episode had a positive impact on the company, and sales increased significantly in the same week.

The HairFin is a new innovative product that solves a simple problem and is perfect for men, women, and children’s haircuts.

What Is HairFin? Who Founded HairFin?

HairFin is a patented hair cutting tool that allows users to hold hair in place while measuring it at the same time.

The HairFin is a measuring tool that mounts between your index and middle finger, with the rounded part of the fin facing towards the right direction.

Once mounted correctly, the HairFin leaves your fingers free to grasp hair at its base. The fin shape lets you slide the guide into place while pulling the hair straight.

Once in place, you can trim any hair that comes out above your hand, knowing that you’re cutting it at the right length.

The HairFin is perfect for men, women, and children’s haircuts. It can be used to create various hairstyles such as surfer or pixie cuts or even toddler’s haircut.

The product was created by Tony Litwinowicz to help people cut their own hair without juggling multiple tools.

The HairFin is manufactured in Derby, Connecticut and protected by US Patent D939,771 S with other patents pending.

How Does Hairfin Works?

HairFin is a patented hair cutting tool that is made in the USA. It is a measuring tool that mounts between the index and middle finger, leaving the fingers free to grasp hair at its base.

The fin shape of the tool allows the user to slide the guide into place while pulling the hair straight, and then trim any hair that comes out above the hand, ensuring that it is cut to the right length. The HairFin is suitable for men, women, and children’s haircuts, including surfer or pixie cuts and toddler haircuts.

On the other hand, finasteride is a medication used to treat male pattern baldness (androgenetic alopecia) at the crown and in the middle of the scalp.

It works by decreasing the amount of dihydrotestosterone (DHT), a natural body hormone that can cause the prostate to grow bigger and stop hair growth. By decreasing the amount of DHT, finasteride leads to increased hair regrowth and slower hair loss.

Finasteride is not approved for the prevention of prostate cancer, and it may slightly increase the risk of developing a very serious form of prostate cancer. Women and children should not use this medication. The usual dose for hair loss is 1mg, taken once a day, and it may take up to 3 months to notice a benefit.

What Is The Current Valuation Of Hairfin?

The current valuation of HairFin is estimated to be around $0.7 million and $50,000 USD, respectively. The founder of HairFin, Tony Litwinowicz, appeared on Shark Tank seeking $25,000 for 20% equity in his company, giving it a valuation of $125,000.

During the show, he made a deal with Daymond John for $25,000 for 30% equity. Since its launch in 2020, HairFin is available exclusively on Amazon and has generated $41,000 in sales. It is unclear if the deal with Daymond John was completed or not.

HairFin is still an active business that primarily sells through Amazon and Etsy.

What Happened To HairFin At Shark Tank?

Hairfin, a hair-cutting tool, was featured on Shark Tank Season 13 Episode 20 and made a deal with Daymond John.

Tony Litwinowicz created the HairFin to help people cut their own hair easily and get a uniform length all the way around.

The measuring tool fits right in your hand, giving you room to work with clippers to get a perfect cut. During the pitch, Tony asked for $25,000 for 20% equity and ended up accepting $25,000 for 30% equity from Daymond John.

Since its launch in 2020, Hairfin is available exclusively on Amazon and has generated $41,000 in sales. There is no information available about what happened to Hairfin after appearing on Shark Tank in 2022.

What Happened To HairFin After Shark Tank?

HairFin, a tool that facilitates the process of hair cutting and provides users with a uniform trim, was featured on Shark Tank Season 13 in April 2022.

The product is available exclusively on Amazon and has had $41,000 in sales since its launch in 2020.

During the show, HairFin’s founder Tony Litwinowicz asked for $25,000 for 20% equity but ended up making a deal with Daymond John for $25,000 for 30% equity.

Since appearing on Shark Tank, HairFin has seen success as both consumers and salons have started using the product.

As of 2022, HairFin’s net worth is estimated to be around $50,000 USD. It is unclear if the deal with Daymond John was completed or not.

Is HairFin Still In Business?

Yes, HairFin is still an active business that primarily sells through Amazon and Etsy. Since their appearance on Shark Tank, they have also introduced new sizes for the HairFin.

Customers who have invested in this product have given positive reviews and pointed out the quality and convenience it provides.

The HairFin is made of polypropylene, which means it is latex-free. It can also be used as a hairstyling training tool.