Grip Clean Shark Tank Update

Grip Clean Shark Tank Pitch

Bryce Hudson appeared on Shark Tank Season 7, Episode 8, which aired on November 12, 2015, with Heavy duty, grease-cutting, hand cleaners, hand soaps and hand care products.

Grip Clean is listed in the Health SelfCare category. In plain terms, the business is described as Heavy duty, grease-cutting, hand cleaners, hand soaps and hand care products.

Grip Clean asked the Sharks for $85,000 for 20%, implying a valuation of about $425,000.

On the show, Grip Clean made a listed deal with Lori Greiner for $85,000 for 35%.

If treated as straight equity, the listed deal works out to about $242,857.143 implied valuation, down from the original $425,000 implied valuation.

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

Grip Clean After Shark Tank

Grip Clean accepted an on-air Shark Tank deal for $85,000 for 35%. The on-air deal did not close. Follow-up reporting lists the company as in business. (GripClean Shark Tank Update

Grip Clean reported annual revenue of $3 million as of April, 2023. (GripClean Shark Tank Update

The founder still sells on his website and on Amazon. (GripClean Shark Tank Update

The official website for Grip Clean is listed as www.gripclean.com. (Grip Clean website

Sources

Sources used for this page: Shark Tank API pitches