Grip Clean
Dealnatural hand soap
Grip Clean is a natural hand soap that got its big break on Shark Tank in Season 7, and convinced Lori Greiner to invest.
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From the show
The Shark Tank pitch
- $85K
- Asked for
- 20%
- Offered equity
- $425K
- Sought valuation
- $85K
- Deal amount
- 35%
- Deal equity
- $243K
- Deal valuation
The team stepped onto the carpet in Season 7, Episode 8 in the episode that aired November 13, 2015. Grip Clean, the natural hand soap, pitched in the Sports & Outdoors category, one of 154 sports & outdoors businesses to brave the Tank across all 17 seasons.
The ask was $85,000 for 20% of the company, an implied valuation of $425K.
Lori Greiner made the deal at $85,000 for 35% equity. That priced the company at $243K, a haircut from the $425K the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 7 saw 116 pitches, and 66 of them closed a deal on air. In the Sports & Outdoors category overall, roughly 64% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Grip Clean?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Grip Clean get a deal on Shark Tank?
Yes. Grip Clean closed a deal for $85,000 in exchange for 35% equity, with Lori Greiner.
Which shark invested in Grip Clean?
Lori Greiner invested in Grip Clean ($85,000 total as aired).
What season of Shark Tank was Grip Clean on?
Grip Clean appeared in Season 7, Episode 8, which aired November 13, 2015.
How much was Grip Clean asking for on Shark Tank?
The founders asked for $85,000 for 20% of the company, a $425K valuation.
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