Splashzen

Deal

Bathtub splash guard

Splashzen, the bathtub splash guard, landed on the national radar after pitching the sharks in Season 15, and convinced Barbara Corcoran to invest.

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From the show

The Shark Tank pitch

$100K
Asked for
10%
Offered equity
$1M
Sought valuation
$100K
Deal amount
14%
Deal equity
$714K
Deal valuation

Rodney and Tanya Rasmussen faced the sharks in Season 15, Episode 14 in the episode that aired February 16, 2024. Splashzen, the bathtub splash guard, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.

They came in asking $100,000 in exchange for 10% equity, putting a $1M valuation on the business.

Barbara Corcoran made the deal at $100,000 for 14% equity. That priced the company at $714K, a haircut from the $1M the founders walked in asking for, which is how negotiations in the Tank usually go.

Across Season 15, 59 of 87 pitches ended in a handshake. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.

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Frequently asked questions

Where can I buy Splashzen?

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 Splashzen get a deal on Shark Tank?

Yes. Splashzen closed a deal for $100,000 in exchange for 14% equity, with Barbara Corcoran.

Which shark invested in Splashzen?

Barbara Corcoran invested in Splashzen ($100,000 total as aired).

What season of Shark Tank was Splashzen on?

Splashzen appeared in Season 15, Episode 14, which aired February 16, 2024.

How much was Splashzen asking for on Shark Tank?

The founders asked for $100,000 for 10% of the company, a $1M valuation.

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