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

  • Business Leaders
  • Entrepreneurs

These great ideas just needed an investor with deep pockets

By

Zaw Thiha Tun

Full Bio

Zaw Thiha Tun is currently an investment advisor for PI Financial Corp. He is also a freelance financial writer on a wide variety of topics.

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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

Full Bio

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.

Learn about our editorial policies

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

8 Most Successful Products From "Shark Tank"? ›

As of 2024, Squatty Potty is valued at around $50 million. With her 10% stake, that puts Greiner's share at $5 million. The company has done an impressive $222 million in retail sales, per Greiner's website.

What is the best deal ever made on Shark Tank? ›

1. Scrub Daddy
  • Entrepreneur: Aaron Krause.
  • Total Sales Generated: $1 billion.
  • Deal: Lori Greiner invested $100,000 for 10% equity.
  • Success Factors: Unique product design; innovative and effective; versatile applications beyond cleaning; extensive retail distribution. ‍
Feb 15, 2024

How much did Lori make from Squatty Potty? ›

As of 2024, Squatty Potty is valued at around $50 million. With her 10% stake, that puts Greiner's share at $5 million. The company has done an impressive $222 million in retail sales, per Greiner's website.

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

Ring. 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.

What is the biggest flop in Shark Tank history? ›

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.

Who is the richest person on Shark Tank? ›

Richest 'Shark Tank' Sharks Ranked From Lowest to Highest Net Worth (2 Are Worth Over $1 Billion!)
  1. Mark Cuban - $6.5 Billion.
  2. Michael Rubin - $10 Billion.
Jan 26, 2024

What rejected Shark Tank pitches made millions? ›

Click through to see the Shark Tank businesses that became wildly successful -- despite turning down their offer.
  • Brett Ida | Voyage-Air Guitars. Voyage-Air Guitar. ...
  • Hy-Conn | Facebook. Hy-Conn. ...
  • ©First Defense Nasal Screens. ...
  • ©Coffee Meets Bagel. ...
  • David Goldman | The Smart Baker. ...
  • ©Chexology. ...
  • ©Proof Eyewear. ...
  • ©Echo Valley Meats.

Did Mark Cuban make money off 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.

What was the biggest exit in Shark Tank history? ›

in the history of the show? The biggest exit was one called plated. that was bought by Albertsons for 340 million dollars.

What is the most successful product ever? ›

These are the best-selling products of all time.
  1. PlayStation. • Category: Video game console. ...
  2. Lipitor. • Category: Pharmaceutical. ...
  3. Corolla. • Category: Vehicle. ...
  4. Star Wars. • Category: Movies. ...
  5. iPad. • Category: Tablet. ...
  6. Mario Bros. franchise. ...
  7. Michael Jackson's Thriller. • Category: Album. ...
  8. Harry Potter. • Category: Book.
May 18, 2014

What Shark has the most successful investments? ›

Mark Cuban has invested in 85 companies on Shark Tank, according to the website Sharkalytics, which tracks the investments on the business reality series. According to the site, he's worth nearly $19.6 million.

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