Phonesoap Shark Tank Update
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What Happened to Phonesoap After Shark Tank
Is Phonesoap still in business? Yes — still in business and thriving.
$20M
reported annual revenue
- Deal closed on Shark Tank
- $187M lifetime sales by Oct 2023
- 13th largest Shark Tank company
- 9 product SKUs
- Growth accelerated by COVID-19 pandemic
- Estimated $100M+ annual revenue
Last verified Apr 1, 2026.
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The Phonesoap Shark Tank Pitch
Dan Barnes and Wesley LaPorte of Provo, UT pitched Phonesoap on Shark Tank Season 6, Episode 16, which aired Friday, January 30, 2015, asking for $300,000 for 7.5% of the company — a $4M valuation.
Lori Greiner agreed to invest $300,000 for 10% equity, valuing the company at $3M. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S6E16Jan 30, 2015
- Ask
- $300,000for 7.5%
- Ask Valuation
- $4M
Deal Terms
- Amount
- $300,000
- Equity
- 10%
- Valuation
- $3M
Lori Greiner