Sheets Laundry Club

Deal

Plastic-free dissolvable laundry detergent sheets

Sheets Laundry Club, the plastic-free dissolvable laundry detergent sheets, landed on the national radar after pitching the sharks in Season 13, and convinced Daniel Lubetzky to invest.

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From the show

The Shark Tank pitch

$500K
Asked for
5%
Offered equity
$10M
Sought valuation
$500K
Deal amount
8%
Deal equity
$6.3M
Deal valuation

Chris Videau and Chris Campbell faced the sharks in Season 13, Episode 7 in the episode that aired November 19, 2021. Sheets Laundry Club, the plastic-free dissolvable laundry detergent sheets, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.

They came in asking $500,000 in exchange for 5% equity, putting a $10M valuation on the business.

Daniel Lubetzky made the deal at $500,000 for 8% equity. That priced the company at $6.3M, a haircut from the $10M the founders walked in asking for, which is how negotiations in the Tank usually go.

Across Season 13, 64 of 96 pitches ended in a handshake. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.

Daniel Lubetzky$500K

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Frequently asked questions

Where can I buy Sheets Laundry Club?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.

Did Sheets Laundry Club get a deal on Shark Tank?

Yes. Sheets Laundry Club closed a deal for $500,000 in exchange for 8% equity, with Daniel Lubetzky.

Which shark invested in Sheets Laundry Club?

Daniel Lubetzky invested in Sheets Laundry Club ($500,000 total as aired).

What season of Shark Tank was Sheets Laundry Club on?

Sheets Laundry Club appeared in Season 13, Episode 7, which aired November 19, 2021.

How much was Sheets Laundry Club asking for on Shark Tank?

The founders asked for $500,000 for 5% of the company, a $10M valuation.

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