Wad-Free

wad preventer for washing machines

Wad-FreeDealHome & LifestyleWebsiteby Cyndi BrayS13E5

Pitch Details

Season / Episode

S13E5

Nov 5, 2021

Ask

$200,000

for 5%

Ask Valuation

$4M

Deal

$200,000

for 5%

Watch the Pitch

Deal Terms

Amount$200,000
Equity5%
Valuation$2M
Royalty$1.50/unit until $1M recouped per_unit

What Happened Next

Thriving

$500,000

estimated

  • Deal with Kevin O'Leary for $200K/5% + $1.50/unit royalty closed
  • Lifetime sales approaching $2M by August 2024
  • Available at Walmart, Amazon, The Grommet
  • Expanded to Wad-Free for blankets and duvet covers (August 2024)
  • Utility patent issued approximately one week after taping

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