NeatCheeks Shark Tank Update

NeatCheeks Shark Tank Pitch

Julia Rossi and Danielle Stangler appeared on Shark Tank Season 6, Episode 25, which aired on April 17, 2015, with flavored baby face wipes for sensitive skin.

NeatCheeks is listed in the Children category. In plain terms, the business is described as flavored baby face wipes for sensitive skin.

NeatCheeks asked the Sharks for $150,000 for 20%, implying a valuation of about $750,000.

On the show, NeatCheeks made a listed deal with Barbara Corcoran for $150,000 for 25%.

If treated as straight equity, the listed deal works out to about $600,000 implied valuation, down from the original $750,000 implied valuation.

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

NeatCheeks After Shark Tank

NeatCheeks accepted an on-air Shark Tank deal for $150,000 for 25%. The on-air deal did not close. Follow-up reporting lists the company as in business. (NeatCheeks Shark Tank Update

NeatCheeks reported annual revenue of $1 million as of October, 2022. The women managed to get on the shelves at Buy Buy Baby, Babies ‘R’ Us, Walgreens and other stores. (NeatCheeks Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches