Windcatcher Technology Shark Tank Update

Windcatcher Technology Shark Tank Pitch

Ryan Frayne appeared on Shark Tank Season 7, Episode 6, which aired on October 30, 2015, with innovative air catching mattress pad.

Windcatcher Technology is listed in the Lifestyle Home category. In plain terms, the business is described as innovative air catching mattress pad.

Windcatcher Technology asked the Sharks for $200,000 for 80%, implying a valuation of about $250,000.

On the show, Windcatcher Technology made a listed deal with Lori Greiner for $200,000 for 50%.

If treated as straight equity, the listed deal works out to about $400,000 implied valuation, up from the original $250,000 implied valuation.

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

Windcatcher Technology After Shark Tank

Windcatcher Technology accepted Lori Greiner's on-air deal, but follow-up reporting says the deal did not close. (Windcatcher Shark Tank Tales update

The company was slowed by a legal fight around its quick-inflation valve technology, which blocked the clean post-show commercialization path that the Shark Tank pitch seemed to promise. (Windcatcher Shark Tank Tales update

Founder Ryan Frayne was later diagnosed with pancreatic cancer and died in June 2018, a major turning point for both the company and the invention's future. (Windcatcher Shark Tank Tales update

Family and friends tried to revive Windcatcher with a 2019 crowdfunding campaign, but it raised only a small amount and did not restart the business at scale. (Windcatcher Shark Tank Tales update

By 2022 the company website had gone dark, and current follow-up sources treat Windcatcher as defunct with no active product sales. (Windcatcher Shark Tank Tales update

Sources

Sources used for this page: Shark Tank API pitches