8 Most Successful Products From "Shark Tank" (2024)

Table of Contents

Table of Contents

  • 8. Sleep Styler

  • 7. The Bouqs

  • 6. Tipsy Elves

  • 5. The Original Comfy

  • 4. Simply Fit Board

  • 3. Squatty Potty

  • 2. Scrub Daddy

  • 1. Bombas

  • "Shark Tank" Products FAQs

  • The Bottom Line

These great ideas just needed an investor with deep pockets

By

Zaw Thiha Tun

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Updated December 21, 2023

Reviewed by

Khadija Khartit

8 Most Successful Products From "Shark Tank" (2)

Reviewed byKhadija Khartit

Full Bio

Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance in top universities. She has been an investor, entrepreneur, and advisor for more than 25 years. She is a FINRA Series 7, 63, and 66 license holder.

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Fact checked by

Ryan Eichler

8 Most Successful Products From "Shark Tank" (3)

Fact checked byRyan Eichler

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Ryan Eichler holds a B.S.B.A with a concentration in Finance from Boston University. He has held positions in, and has deep experience with, expense auditing, personal finance, real estate, as well as fact checking & editing.

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Premiering in 2009, ABC's entrepreneur pitch show "Shark Tank" has seen it all. The premise of the show, which just completed it's 13th season, is simple: inventors and entrepreneurs pitch their productsto real-life investors (called sharks). The sharks evaluate the products and decide whether to back the fledgling companies with their own money.

From alarm clocks that wake you up with the smell of bacon to a scented candle that simulates the most alluring scents to attract a man (beer, pot roast, and barbecue), throughout the nearly 300 episodes that have aired, the show has exposed its audience to some of the most unique inventions ever conceived. However, over the years, the sharks have also seen some great ideas that just needed an investor (with deep pockets) to take off. Here is a countdown of the top eight most successful products that got their start in "Shark Tank".

Key Takeaways

  • The money sharks invest is all theirs and is not provided by the show.
  • The sharks on "Shark Tank" typically require a stake in the business.
  • The top eight most successful products that got their start in the Shark Tank have generated a minimum of $100 million in sales each.
  • Shark Lori Greiner has a stake in half of the listed successful Shark Tank ventures.
  • Some Shark Tank victors, like Bombas, have embarked on social missions, giving back to underserved and impoverished communities.

8.Sleep Styler

  • The product: heat-free hair rollers created from memory foam, to use while sleeping
  • Shark that bit: inventor and entrepreneur Lori Greiner ($75,000 for a 25% stake in the company)
  • Sales: more than $100 million

7. The Bouqs

  • The product: an online seller of flowers that partners with eco-friendly farms
  • Shark that bit: none when the founders pitched the product on the show in 2014, but Canadian entrepreneur Robert Herjavec invested three years later after purchasing flowers from the Bouqs for his wedding
  • Sales: $100 million

6.Tipsy Elves

  • The product: holiday-themed apparel in the form of ugly Christmas sweaters
  • Shark that bit: RobertHerjavec($100,000for a 10% stake)
  • Sales: Tipsy Elves raked in $900,000a year in sales before appearing on "Shark Tank" and has generated $125 million in sales.

The premise of Shark Tank was inspired by Japan's Tigers of Money.

5. The Original Comfy

  • The product: wearable blankets with hoods
  • Shark that bit: real estate entrepreneur and investor Barbara Corcoran ($50,000 for a 30% stake)
  • Sales: $150 million

4. Simply Fit Board

  • The product: an exercise board—you stand on it and twist
  • Shark that bit: Lori Greiner($125,000 for a 20% stake)
  • Sales: more than $160 million (just 24 hours after the episode aired in 2015, the company raked in $1.25 million in sales)

3.Squatty Potty

  • The product: a personal care company best known for its toilet stool, which is designed to promote easier bowel movements
  • Shark that bit: LoriGreiner($350,000 for a 10% stake)
  • Sales: The company created a viral video in 2015 and generated $20 million that year in sales—later garnering the attention of Dr. Oz, Howard Stern, and other celebrities with overall lifetime sales of $175 million.

2. Scrub Daddy

  • The product: a reusable super sponge in the shape of a smiley face that gets firm in cold water and soft in warm water and has also been lab-tested to rinse clear of debris and resist odors for up to two weeks—the ergonomic shape is designed to clean both sides of kitchen utensils at once.
  • Shark that bit: Lori Greiner ($200,000 for a 20% stake)
  • Sales: $209 million—before "Shark Tank", the company had $100,000 in sales— but before appearing on the show, founder Aaron Krause was ready, as he is quoted saying, “What I learned is if you’re unprepared, you’re the bait.”

1. Bombas

  • The product: comfort socks and more recently T-shirts too—for every item purchased, the company donates an item to organizations that help homeless people—it has donated more than 50 million items to more than 3,500 community organizations to date.
  • Shark that bit: Daymond John, founder of global hip-hop fashion brand FUBU ($200,000 for a 17.5% stake)
  • Sales: Co-founders David Heath and Randy Goldberg were inspired to create Bombas after discovering that socks were the most needed items at homeless shelters, since then lifetime sales have reached over $225 million.

What Is the Most Successful Product on "Shark Tank"?

With more than $225 million in lifetime sales, Bombas has generated the highest sales on "Shark Tank". The company, which sells comfort socks and T-shirts, donates one item per item sold to help the homeless. With $200,000 in funding for a 17.5% stake, Daymond John, founder of apparel company FUBU, invested in the company. Bombas has since donated over 50 million items to community organizations.

Following Bombas is Scrub Daddy, which has brought in sales of $209 million and Squatty Potty, which has generated $175 million in sales.

What Shark Tank Products Were Rejected But Made Millions?

Ring, which is a doorbell that integrates with a smartphone and camera, allows you to see who is at your door when they arrive. The company was rejected on "Shark Tank", but has since become a billion dollar company thanks to an acquisition by Amazon.

Coffee Meets Bagel was pitched to the sharks in 2015. The dating app, which matches users based on Facebook connections includes a discount for a coffee or bagel on the date. Mark Cuban offered $30 million for the company, but the three founders walked away from the deal. After appearing on the show, the company raised $23.2 million, and has over 11 million users on its app.

Seafood burger company, Chef Big Shake, was also unsuccessful on the show after asking for $200,000 and a 25% stake in the company. Since appearing in 2011, the company’s sales jumped from $30,000 to an estimated $5 million in 2012.

How Much Has Lori Greiner Invested in Shark Tank?

Known as the “warm-blooded shark” Lori Greiner has invested over $9.5 million on the show. Greinier is worth an estimated $150 million, and began making millions in the 1990s with products that organize jewelry. Of the 20 most successful pitches on Shark Tank, 10 were backed by Greiner.
The most successful venture backed by Greiner is Scrub Daddy, which has brought in over $200 million in sales.

The Bottom Line

Over the years, the Shark Tank stage has seen many great ideas and also a lot of duds. The countdown of its eight most successful products demonstrates there is still room for new ideas. No doubt, by offering exposure to millions of viewers and funding from shark investors, "Shark Tank" will continue to launch successful entrepreneurs and products.

Article Sources

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy.

  1. ABC. "Shark Tank."

  2. USA Today. “'Shark Tank' Exclusive: The New List of the 20 Best-Selling Products from the Show.”

  3. PinoyMoneyTalk. “Sleep Styler After Shark Tank: $100 Million Sales and More.”

  4. Business Insider. “How an Ugly Christmas-Sweater Company Became Robert Herjavec’s Best ‘Shark Tank’ Investment.”

  5. Business Insider. "14 Behind-the-Scenes Secrets You Didn't Know About 'Shark Tank'."

  6. Entrepreur’s Handbook. “How This Entrepreneur Turned Pooping Into a $175 Million Business.”

  7. Scrub Daddy. “FAQs.”

  8. Business Insider. “There’s a Reason This Sponge is the Most Successful ‘Shark Tank’ Product to Date.”

  9. Business Insider. “How a Sponge Company Became the Biggest ‘Shark Tank’ Success Story with Over $50 Million in Sales.”

  10. Bombas. “Giving Back.”

  11. Mental Floss. “25 of the Most Successful Products from Shark Tank.”

  12. CNBC. “Amazon Bought ‘Shark Tank’ Reject Ring Last Year—Here’s What the Founder Says About Jeff Bezos.”

  13. DatingScout. “Coffee Meets Bagel Review March 2022.”

  14. ABC News. “Where Coffee Meets Bagel, the Dating App Startup That Turned Down $30M 'Shark Tank' Offer, Is Today.”

  15. Crunchbase. "Coffee Meets Bagel."

  16. Gazette Review. “CBS Foods Shark Tank Update – See How They’re Doing Now.”

  17. Sharkalytics. “Lori Greiner.”

  18. Lori Greiner. “Meet Lori Greiner.”

  19. Yahoo. “Net Worth Battle: Mark Cuban and the ‘Shark Tank’ Cast vs. Michael Douglas and His Emmy-Nominated ‘Kominsky Method’ Costars.”

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8 Most Successful Products From "Shark Tank" (2024)

FAQs

What is the most successful Shark Tank item? ›

With more than $225 million in lifetime sales, Bombas has generated the highest sales on "Shark Tank".

What is the most successful product on Shark Tank that was turned down? ›

One of the most notorious (and successful) Shark Tank rejects started as a video doorbell name Doorbot. After a famously tepid reaction from the sharks, Amazon later bought the company for a deal worth nearly $1 billion.

Who turned down $30 million on Shark Tank? ›

Hanalei Swan, an 11-year-old prodigy, is one such remarkable individual who made headlines by turning down a staggering $30,000,000 investment offer on the hit TV show, Shark Tank. Hanalei's journey and her audacious decision to walk away from such a lucrative deal serve as an enduring source of inspiration.

How much money has Lori made from Shark Tank? ›

We do know that she makes an estimated $1.1 million for a 22-episode season of Shark Tank and about $5 million per year from her retail business (the one she founded when she invented her very first product).

Has anyone sold their entire company on Shark Tank? ›

Nevertheless, appearing on “Shark Tank” had benefits. Within a month of the show airing, the couple sold some $1 million worth of products. Then, in 2022, they sold their entire company. “We still owned 100 percent of it,” said Coddou, “which means that we got 100 percent of the purchase price.”

What was the worst Shark Tank investment? ›

10 Failed Shark Tank Companies
  • 1) ToyGaroo. What was ToyGaroo: “The Netflix for toys”, a subscription service allowing you to rent different toys every month. ...
  • 2) ShowNo Towels. ...
  • 3) Sweet Ballz. ...
  • 4) Body Jac. ...
  • 5) CATEapp. ...
  • 6) Breathometer.

How did Lori Greiner get rich? ›

Lori Greiner has made her millions by creating and selling more than 1,000 products, including some of the most popular jewelry and cosmetic organizers of all time. Her products have been sold on QVC and by retailers across the world.

How much does Mark Cuban make on Shark Tank? ›

Variety estimated in 2016 that the sharks got paid about $50,000 per episode, but it's likely they get paid more now. In 2014, leaked emails from the Sony hack revealed that the corporation was offering Cuban $30,000 per episode for Season 5; $31,200 for Season 6; and $32,488 for Season 7.

Do Sharks get paid to be on shark tanks? ›

The sharks are paid as cast stars of the show, but a disclaimer at the start of each episode states the money they invest is their own. The same disclaimer also states that no offer of investment is being made to the viewer.

Who has made the most investment on Shark Tank? ›

Over the years, Cuban has made 85 deals on Shark Tank and invested in 19% of the pitches he heard on the show, according to Sharkalytics.

Who did Lori Greiner marry? ›

She is married to Dan Greiner.

How much did Lori make on Scrub Daddy? ›

To say Greiner's investment has paid off would be an understatement. If her equity stake is still at 20%, with the business having an estimated net worth of $250 to $300 million, Greiner has now made between $50 and $60 million on Scrub Daddy.

How much did Mark Cuban make from Shark Tank? ›

Cuban tells the Dallas Morning News he has actually invested closer to $29 million when all is said and done. But after all that time, he says, he's made back more than that in cash and market value. Cuban has invested in 85 companies on Shark Tank, per the Sharkalytics numbers.

Which shark has made the least deals? ›

O'Leary (45%), cyber security entrepreneur Robert Herjavec (30%) and retail inventor and “Queen of QVC” Lori Greiner (29%) were the least likely to close their deals, according to Forbes' research.

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