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.
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.
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.
