Sugardoh Shark Tank Update

Sugardoh Shark Tank Pitch

Sugardoh appeared on Shark Tank Season 16, Episode 3, which aired on November 1, 2024, with Hair Removal Product.

Sugardoh is listed in the Consumer Products category. In plain terms, the business is described as Hair Removal Product.

Sugardoh asked the Sharks for $500,000 for 5% equity, implying a valuation of about $10 million.

The source data lists no completed on-air deal for Sugardoh.

This pitch is included as context for the more important question: what happened after Shark Tank.

Sugardoh After Shark Tank

Sugardoh left Shark Tank without an on-air deal. Sugardoh remained active after the episode. (Sugardoh - Shark Tank Season 16

Additionally, shortly after Shark Tank, Sugardoh also celebrated its fourth anniversary. (Sugardoh - Shark Tank Season 16

In 2022, Sugardoh operated with a 60% margin - well below the 85-90% margin needed for retail profitability - resulting in a 7% loss, or around $447,000. (Sugardoh - Shark Tank Season 16

In its first year, the brand earned $50,000 in revenue. (Sugardoh - Shark Tank Season 16

By 2021, a viral TikTok post boosted revenue to $2.6 million, and by the end of 2022, sales climbed to $5.6 million. (Sugardoh - Shark Tank Season 16

Sources

Sources used for this page: sharktankblog.com