SoapSox Shark Tank Update

SoapSox Shark Tank Pitch

Ray Philips and Alvin Uy appeared on Shark Tank Season 6, Episode 3, which aired on October 3, 2014, with animal-shaped washcloths for kids.

SoapSox is listed in the Children category. In plain terms, the business is described as animal-shaped washcloths for kids.

SoapSox asked the Sharks for $260,000 for 10%, implying a valuation of about $2.6 million.

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

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

SoapSox After Shark Tank

SoapSox left Shark Tank without an on-air deal. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (SoapSox Shark Tank Update

In May, 2020. The company did an equity crowd funding round on Startengine and raised $1,064,966 at a $6.2 million valuation, You can order Soap Sox on Amazon and you can find them in Target. In February, 2016, the company did a licensing deal with Disney Baby which let kids play with their favorite Disney characters in the tub. (SoapSox Shark Tank Update

The official website for SoapSox is listed as soapsoxkids.com. (SoapSox website

Sources

Sources used for this page: Shark Tank API pitches