Rinseroo Shark Tank Update
Slip-on tub hose shower and sink hose
What Happened to Rinseroo After Shark Tank
Is Rinseroo still in business? Yes — still in business and thriving.
$5M
reported annual revenue
- Deal closed with Lori Greiner for $343K for 5% equity
- $1M in sales in first year (2019)
- Projected $5M in sales for current year at time of pitch
- 85% profit margins
- Significant surge in sales since episode aired
Last verified Apr 5, 2026. Web-confirmed sources.
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The Rinseroo Shark Tank Pitch
Lisa Lane and Jake Lane of Edison, NJ pitched Rinseroo on Shark Tank Season 16, Episode 10, which aired Friday, January 31, 2025, asking for $343,000 for 5% of the company — a $6.9M valuation.
Lori Greiner agreed to invest $343,000 for 5% equity, valuing the company at $6.9M. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S16E10Jan 31, 2025
- Ask
- $343,000for 5%
- Ask Valuation
- $6.9M
Deal Terms
- Amount
- $343,000
- Equity
- 5%
- Valuation
- $6.9M
Lori Greiner