Shark Tank Pitch

Alaska Glacial Mud Co Shark Tank Update

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Cordova, AK

Alaska Glacial Mud Co Shark Tank Update


Pitch Overview
NameAlaska Glacial Mud Co
Main PresentersLauren Padawer
Presenter Image
Alaska Glacial Mud Co Entrepreneurs: Lauren Padawer
Product Image
Alaska Glacial Mud Co Product Image
Last Known in Business1/24/2023
Main Location

Cordova, AK

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Order Shown in Episode1
Final DealAll Sharks went Out

Alaska Glacial Mud Co Shark Tank Pitch

Lauren Padawer lives in Alaska, where she found her feet sinking into buttery mud on a hiking trip on the Copper River. Lauren identified the mud to be an ideal consistency to use as a skin product. Lauren captures the mud and processes it into a clean, consistent product under the brand Alaska Glacial Mud Co. The mud is supposed to absorb toxins and remove dead skin cells.

Lauren fishes alone three months out of the year as a commercial salmon fisherman, bringing in $100k in annual revenue. Lauren has put $50k into Alaska Glacial Mud Co. This year's sales are $36k through wholesaling through spas. Lauren finds the spa market extremely difficult to break into.

The sharks agree that the demand for the product does not justify the amount of money and effort required to break into mass markets and educate consumers about the product and its story. All sharks go out.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$100k for 20% of company
SharksOutLori GreinerOut
SharksOutMark CubanOut
SharksOutRobert HerjavecOut
SharksOutBarbara CorcoranOut
SharksOutKevin O'LearyOut

Mark Cuban
Mark Cuban

Mark Cuban

Out

Barbara Corcoran
Barbara Corcoran

Barbara Corcoran

Out

Kevin O'Leary
Kevin O'Leary

Kevin O'Leary

Out

Lori Greiner
Lori Greiner

Lori Greiner

Out

Robert Herjavec
Robert Herjavec

Robert Herjavec

Out


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
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Alaska Glacial Mud Co After Shark Tank

According to adn.com

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adn.com

https://www.adn.com/economy/article/cordova-glacial-mud-entrepreneur-shark-tank-exposure-big-boost/2014/02/01

, Lauren Padawer had a strong boost after her pitch for Alaska Glacial Mud Co airing on Shark Tank. Alaska Glacial Mud Co's social media gained a large audience, and Lauren received interest from many spas to carry her product. Lauren clarified that her fishing business profits less than $50k a year after her costs. According to Lauren's LinkedIn

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LinkedIn

https://www.linkedin.com/in/lauren-padawer-56aab14

, she stopped her Fishing business in 2014 to focus on Alaska Glacial Mud Co.

According to a 2019 article at mybrandjourney.com

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mybrandjourney.com

https://mybrandjourney.com/brand/starting-eco-friendly-skincare-brand

, Lauren worked at a spa at some point, which helped her identify the potential for the mud she experienced by the Copper River. Lauren worked with a cosmetic chemist to formulate a shelf-stable product and a college friend to design the brand.

Lauren expanded into more product offerings over the years. In 2019, Lauren renamed Alaska Glacial Mud Co to Alaska Glacial Essentials. 2020 led to a hit in sales from tourists visiting Alaska. As of 2023 the business appears to be alive and well.

Lauren has a small marketing budget so she is happy about their efforts in having a beautiful and functional website, alaskaglacial.com

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alaskaglacial.com

https://alaskaglacial.com

, and remains active on social media. As of 2023, their Twitter, @AkGlacialMud

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@AkGlacialMud

https://x.com/AkGlacialMud

, hasn't posted since 2021, but the Facebook

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Facebook

https://www.facebook.com/AlaskaGlacial

is active and their Instagram, @AlaskaGlacial

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@AlaskaGlacial

https://www.facebook.com/AlaskaGlacial

has some beautiful Alaskan scenery worth checking out.


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