What Happened to Jax Sheets after Shark Tank? Jax Sheets Shark Tank Update
What is Jax Sheets?
Jax Sheets are the world’s first sheets developed particularly for males. They are made from bamboo fibers, which give them the silky feel.
In comparison to cotton bedding, Jax Sheets are more environmentally friendly. What’s more, they’re among the most cheap and breathable bed linens available today.
Jax Sheets are made from a proprietary combination of bamboo and copper that inhibits bacteria and smells from forming on the fabric’s fibers.
Because the average male changes his sheets every three months, Jax Sheets retain their fragrance for a longer period of time.
Who is the founder of Jax Sheets?
Wenceslaus Muenyi, the company’s founder, had the concept for Jax Sheets after purchasing his first pair of silk sheets. He developed an interest in linens after purchasing some pricey silk sheets.
They were the most comfortable sheets he had ever slept on, but he was well aware that many people would pass on them owing to their high price. Wen set out to design sheets that replicated the silk experience for men at a tenth of the cost.
He accomplished precisely that. Jax Sheets are crafted with breathable bamboo fiber, which is actually softer and more environmentally friendly than cotton.
Silver is embedded into the sheets for antibacterial characteristics, and they include a stronger elastic band for appropriate fit on the bed.
He refers to them as “men’s sheets” since men, on average, do not wash their bedding frequently. Due to the silver infusion, they will remain odor-free even if you do not wash them for a year!
They launched the firm in January 2020 with a successful Kickstarter campaign that raised $351,976.
As of January 2021, they have only begun shipping merchandise to supporters. Delays were almost certainly caused by the Covid-19 epidemic.
A set of Jax Sheets includes a flat and fitted sheet as well as two pillowcases for $149. They are currently only available in gray.
What Happened to Jax Sheets at Shark Tank pitch?
Wen Muenyi aims to get a Shark into bed with his Jax Linens, his men’s sheets, in Shark Tank episode 1209.
Wen was on the lookout for a Shark to assist him in navigating the production process.
Wen approached Shark Tank with an offer of $212,000 for a 10% share in his firm, which worth $2.12 million.
He says that the average man changes his bedding every three months and that his odor-reducing technology compensates for this.
He’s also prepared to include his apparel brand in the sale, which utilizes the same technology.
The Sharks actually like Wen’s candor and effort. They are upset that the Kickstarter product was delayed and that he has not made any more sales of the sheets. He has also sold $270,000 worth of his clothes.
Kevin was taken with the bedding but is uninterested in the apparel – he exits. Mark describes the pitch as the greatest he’s ever heard because to Wen’s sincerity, but he declines to make an offer.
The remaining Sharks also exit one by one. Finally, Wen left the pitch without concluding a deal.
What Happened to Jax Sheets after Shark Tank?
Wen is still operating and has not abandoned the apparel brand. Indeed, he has now combined his apparel and bedding on his HercLeon (the clothing business) website.
The Jax Sheets website has been redirected to this location. As of January 2022 the company is still in business with annual income of $1 million.
Competitors of Jax Sheets
Bamboo Fibre Luxury Sheets and Blankets is a similar company to Jax Sheets that offers sheets and blankets made of bamboo Fibre.
Net Worth of Jax Sheets
The company valuation was $2.12 million during and after the pitch. Since then the company is still in business and hence the company net worth might be more than that of pitch.
Jax Sheets FAQs
What is Jax Sheets?
Jax Sheets are the world’s first sheets developed particularly for males.
They are made from bamboo fibers, which give them the silky feel. In comparison to cotton bedding, Jax Sheets are more environmentally friendly.
Who is the founder?
Wenceslaus Muenyi is the founder of Jax Sheets. He had the concept for Jax Sheets after purchasing his first pair of silk sheets. He developed an interest in linens after purchasing some pricey silk sheets.
How much was seeking on Shark Tank?
Wen was seeking for $212,000 for 10% equity of the company.
Did Jax Sheets have the deal?
No, the company did not close a deal on Shark Tank.
Is Jax Sheets still in business?
Yes, the company is still running and is generating annual revenue of $1 million.
Where is Jax Sheets located?
Jax Sheets is located in the United States. It is currently headquartered at San Francisco, CA.
Are Jax Sheets shipping?
The company started shipping in January 2022.
What is Jax Sheets website?
Jax Sheets website is www.JaxSheets.com
What is Jax Sheets made of?
Jax Sheets are made of bamboo fibres. They are designed for both indoor and outdoor use. They are 100% natural and antibacterial.
How does Jax Sheets differ from Bamboo Fibre Bed Linen?
Jax Sheets is made from a proprietary combination of bamboo and copper that inhibits bacteria and odors from forming on the fabric’s fibers.
What is the return policy of Jax Sheets?
Jax Sheets offers replacement for the first-year purchase and free shipping on all orders.
Are Jax Sheets available on Amazon?
Yes, Jax Sheets are available with AMZ now.
What are the dimensions of Jax Sheets?
Length: 76 inches x Width: 20 inches
What is the weight of Jax Sheets?
The weight of single bedding set is 15 lbs.
How long does Jax Sheets take to be delivered?
Jax Sheets are shipped out within 24 hours of the order.
How much is shipping to UK?
Shipping to the UK is free; otherwise Jax Sheets charges $13.95 shipping charge
Are Jax Sheets organic?
Yes, they are certified organic by QCS and LeLux.
How much is a sleep shirt by Jax Sheets?
The sleep shirt retails for $235.
How do I pay for Jax Sheets?
Jax Sheets is accepting payments through credit cards (Visa, MasterCard, and Discover), Net-10 bank transfers and PayPal.
Where do I ship my Jax Sheets?
Jax Sheets can be shipped to over 40 countries including Australia, Canada, New Zealand, South Korea, and United Kingdom.
Is Jax Sheets safe to use?
Jax Sheets are free of BPA, dyes and flame retardants. The bamboo fibers are 100% natural.
Does Jax Sheets come with guarantee?
Every Jax Sheets come with a limited lifetime warranty.
How do I wash my Jax Sheets?
Jax Sheets should be washed in warm water and tumble dry on low heat settings. They should not be washed more than once per week to preserve their softness and absorbency.
Are Jax Sheets washable?
Yes, the sheets are machine washable. The robes or sleep shirts should be hand washed and cold-dried.
Are Jax Sheets breathable?
Jax Sheets are breathable because they contain bamboo fibers that allow air to flow easily through the fabric.
Are Jax Sheets comfortable?
The sheets and robes are extraordinarily comfortable because they contain bamboo fibers. They are very lightweight, soft to the touch and made from 100% natural materials.
Who is the CEO?
Wenceslaus Muenyi is the CEO of Jax Sheets.
What is the net worth of Wenceslaus Muenyi?
The net worth of Wenceslaus Muenyi is unknown.