Drain Wig Shark Tank Update
DrainWig - hair catcher for shower drains
What Happened to Drain Wig After Shark Tank
Is Drain Wig still in business? Yes — still in business and thriving.
- They're still in virtually every big box store and Amazon.
- As of April, 2023, the company is still in business and is doing $1 million in annual revenue.
Last verified Apr 1, 2026. Web-confirmed sources.
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The Drain Wig Shark Tank Pitch
Drain Wig, from Kaysville, UT, pitched on Shark Tank Season 9, Episode 6, which aired Sunday, October 29, 2017, asking for $300,000 for 5% of the company — a $6M valuation.
Kevin O'Leary agreed to invest $300,000 for 15% equity, valuing the company at $2M. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S9E6Oct 29, 2017
- Ask
- $300,000for 5%
- Ask Valuation
- $6M
Deal Terms
- Amount
- $300,000
- Equity
- 15%
- Valuation
- $2M
Kevin O'Leary