Rescue Ready Shark Tank Update | Rescue Ready after the Shark Tank
What is Rescue Ready?
The window escape ladder from Rescue Ready was created in the hopes of saving homeowners and renters from house fires.
This product has the ability to slide out the window, creating a gap between the window and siding.
Rescue Ready is based in California and their product has been approved by the National Fire Protection Association.
The Escape Ladder by Rescue Ready provides an easy way to quickly exit your home in case of a fire or other emergency.
It was invented by Erick Hartfield and Brett Russell in January, 2013.
It took them 2 to 3 years to create the perfect escape ladder that would not only save the homeowner’s life, but could also be opened by a child or elderly person that may need to leave their home.
This ladder is very easy to install. There are no screws or tools required for installation.
Who is the founder of Rescue Ready?
Brett Russell and Erick Hartfield are the founders of Rescue Ready. They are a very determined and hardworking team before creating the window escape ladder. Erick is also an alumnus from the U.S.
Both men attended James Madison University’s College of Business, but they did not meet until they were assigned to the same fire department.
Both are technical rescue specialists, with expertise in rope rescue, confined space rescue, vehicle extrication, and structure fires.
Brett also owns a landscaping business, and Eric is a window installer. His expertise in window installation is just as critical to the company as his firefighting background.
This fire escape ladder was specifically designed to assist users in escaping to safety, as most victim fatalities are known to occur when people are attempting to flee.
Eric Hartsfield and Brett Russell, both experienced Norfolk, Virginia firefighters.
Because people trapped on the second floor of a burning house become disoriented and confused, and are unlikely to remember where the fire safety ladder is, Ready Rescue is built into the window frame.
In the event of a fire, the person can simply wrap the Rescue Ready ladder, flip it over and out the window, and begin to climb down.
What Happened to Rescue Ready at Shark Tank pitch?
Following the completion of the invention by both inventors, they proceed to seek investors via the Shark Tank pitch.
Eric and Brett enter with an offer of $75,000 for a 15% stake in their business. They describe their business as a true start-up, as they have yet to generate revenue.
The Sharks adore the two firefighters and the product, but it is too early to invest in a new product that has never been tested in the market.
Regrettably, the Sharks believe window manufacturers and they reject the idea and them all out of the deal. Finally, the pitch failed to close the deal.
What Happened to Rescue Ready after the Shark Tank?
After failing to secure a deal with the sharks, the firefighters capitalized on their television exposure and launched a Kickstarter campaign to fund their idea.
Throughout the campaign, their goal was to raise $225,000 on Kickstarter. There were only 287 backers who pledged $66,608, which fell short of Rescue Ready’s Kickstarter funding goal.
Despite the campaign’s failure, the two firefighters continued to develop the product and announced the launch of Rescue Ready Retrofit in 2020.
The company’s website is still operational, and they are actively seeking out window manufacturers.
Additionally, they sell the Rescue Ready Retrofit, which conceals the ladder mechanism behind a simple, decorative cover that mimics window trim. In 2021, the company has a net worth of $5 million.
Net worth of Rescue Ready
The net worth of Rescue Ready is estimated to be $5 million dollars.
Rescue Ready FAQs
What is Rescue Ready?
Rescue Ready is a window escape ladder that opens into a window frame.
Who is the founder of Rescue Ready?
Brett Russell and Erick Hartfield are the founders of Rescue Ready.
What is their offer on Shark Tank?
Rescue Ready offered $75,000 for 15% ownership of their business.
What happened after the Shark Tank pitch?
Rescue Ready failed to secure a deal with all shark investors and has not returned since.
Why did Rescue Ready fail on Shark Tank?
The inventors were unable to convince the shark investors that they had a worthwhile product and targeted demographic.
Is still in business?
Yes, but they did not raise enough money from their Kickstarter campaign.
What Happened to The Window Escape Ladder?
After Shark Tank, this product was launched on Kickstarter and it failed. However, the window escape ladder is available for purchase, and the company has a net worth of $5 million.
In 2021, these two firefighters have a net worth of $5 million as well as many awards.
Will RetroFit work on my window?
The work on the window will be done by a local contractor, not by Rescue Ready. There are many authorized contractors that have successfully completed the installation of this window escape ladder.
Where can I buy these?
Rescue Ready’s window escape ladder can be purchased online at rescuerus.com where you will also find the detailed installation instructions for this product.
How many do we need in our house?
They should have one on every floor of their home and for each bedroom.
What is the sliding board?
The Rescue Ready’s sliding board is a crucial part of the sliding ladder, and it makes it possible for people to leave through the window.
How long does the rescue ladder last?
Rescue Ready will last as long as their window lasts, and if they follow the instructions on installation, product lifespan will be extended.
How many should be adequate?
One is ideal, and that can be purchased through the website or through authorized contractors.
Is safe to buy from online?
It is safe to buy this product from online, and it can be purchased directly through rescuerus.com.
Are there authorized dealers?
Yes, they are authorized dealers, and they can help with the installation of the product.
Aren’t these expensive?
These are not that expensive, and most people will find them affordable.
What does it look like?
This window escape ladder looks like a window blinds with a rope attached to the top of the window frame.
How is business model?
The business model is simple and straightforward, and the company just offers this product to the public.
How far up does it go?
This window escape ladder goes up to 30 ft. and can be used for second floor windows.
How many stories high can it go?
This window escape ladder can go up to three stories high.
What other things can be used for?
It can also be used as a ladder, a pull up bar or a pull out shelf.
How long does the ladder last?
The ladder will not last as long as the window, and if they follow the instructions on installation, product lifespan will be extended.
What is rescue ladder made from?
They are mostly steel and aluminum.
Can this work as a pull out shelf or as a pull up bar?
This window escape ladder can be used as either.
How much weight does it support?
It can support up to 300 pounds.
How many steps does it have?
The ladder has 29 steps.
What is the maximum temperature the ladder is certified for?
The maximum temperature is 85 degrees Fahrenheit.
Is there a warranty?
Yes, they offer a 90-day warranty against any manufacturing defects. The website offers complete instructions on how to install this product, with detailed illustrations throughout.
What is the warranty on the sliding board?
The sliding board has a 90-day warranty against manufacturing defects, and they will also offer a 90-day parts and labor warranty.