Blinger Shark Tank Episode Update & Net Worth

Blinger Shark Tank Episode Update & Net Worth

Blinger, a hair styling tool that allows users to easily add crystals and gems to their hair, appeared on Shark Tank in Season 15, Episode 20 aired on April 12, 2024. The product is designed to provide a fun and stylish way for individuals of all ages to enhance their looks without damaging their hair.

In their pitch, mother-daughter duo Angie and Cambria Cella sought $200,000 for 5% equity, valuing the company at $4 million. They explained that the idea for Blinger came to Angie in a dream, emphasizing its ease of use:

• Users simply load, click, and bling to apply the gems.
• The product features a medical-grade adhesive that is safe for hair and skin, ensuring the gems stay in place during activities.

During the pitch, the sharks were impressed by the product’s potential but raised concerns about the company’s debt, which Angie disclosed amounted to $1.7 million.The offers made during the pitch included:

• Kevin O’Leary expressed interest but wanted more control over the business.
• Barbara Corcoran and Mark Cuban also showed interest, but ultimately, the details of the offers were not disclosed in the search results.

Following their appearance on Shark Tank, Blinger gained significant exposure, which likely contributed to increased sales and brand recognition. The company is focusing on expanding its

The estimated worth of Blinger is around $4 million, based on its valuation during the pitch and the potential growth in the beauty and fashion accessory market.

Blinger is still in business and continues to sell its products online. The company is actively working on expanding its product line and enhancing its marketing strategies to reach a broader audience.

The innovative concept of adding bling to hair has resonated with consumers, particularly among younger demographics looking for fun and stylish accessories.

Blinger Shark Tank Full Episode ;What Happened at Shark Tank Pitch?

When Angie and Cambria Cella entered the Shark Tank, they were seeking $200,000 for 5% equity in their company, Blinger. Angie explained that the idea for Blinger came to her in a dream, which inspired her to create a product that would add sparkle to hair easily and safely.

The Blinger tool is designed to load jewel cartridges that can be applied to hair with a simple squeeze, using a medical-grade, skin-safe adhesive that doesn’t damage hair.

The Blinger comes in two models: a pink version aimed at young girls, retailing for $29.99, and a black model for women that includes Swarovski crystals and retails for $49.

 Angie shared her journey of creating the product, which included five years of development, multiple engineering firms, and personal sacrifices, such as selling her home to fund the tooling for the product.

The sharks were impressed by the product’s popularity and sales figures. In the year of filming, Blinger had already generated $1.64 million in sales and was on track to close the year with $4.2 million in revenue and $1.5 million in profit.

Despite these impressive numbers, Angie admitted that she was not strong in business operations, which is why she sought a shark’s guidance.

The sharks had mixed reactions:

• Kevin O’Leary suggested that Angie hire an operations manager but ultimately decided not to invest.
• Mark Cuban expressed concern about the $2.5 million inventory tied up in the business and opted out.
• Robert Herjavec encouraged Angie to take the deal with Barbara Corcoran but did not make an offer himself.
• Lori Greiner praised the product but also felt that Barbara was the right partner for Angie and decided to step back.

Barbara Corcoran made an offer of $200,000 for 25% equity, with the condition that she would help rework the business plan. After some negotiation, Angie accepted the offer, including Barbara’s agreement to fund any necessary purchase orders.

What Happened to Blinger After Shark Tank?

Following their Shark Tank appearance, Blinger experienced a significant boost in sales and brand recognition. The exposure from the show, combined with Barbara Corcoran’s guidance, helped the company scale its operations and reach a wider audience.

 Blinger quickly became a popular hair accessory, particularly among young girls and women looking to add some sparkle to their hairstyles for special occasions like proms, weddings, and dance competitions.

One of the most notable developments for Blinger post-Shark Tank was the surge in celebrity endorsements. High-profile figures such as Serena Williams, Sheryl Lee Ralph, Pink, and Alicia Keys have been spotted using the product, which has further elevated the brand’s visibility and credibility in the market.

Blinger also saw a significant increase in online sales, particularly through Amazon, where the product sells over 2,000 units a month. This success on e-commerce platforms has been a major factor in the company’s continued growth, enabling them to meet the rising demand for their products.

How Much Is Blinger Worth?

At the time of the Shark Tank pitch, Blinger was valued at $4 million based on Angie’s request for $200,000 for 5% equity. However, the final deal with Barbara Corcoran adjusted the valuation to $800,000 for 25% equity

. This valuation reflects the potential seen by Barbara in the product, tempered by the need for significant operational improvements.

Since their appearance on Shark Tank, Blinger’s value has likely increased due to the surge in sales, celebrity endorsements, and the strategic guidance from Barbara Corcoran. While the exact current valuation has not been disclosed, the brand’s growing popularity suggests a positive trajectory.

Is Blinger Still in Business?

Yes, Blinger is still in business and thriving. The company has successfully leveraged the momentum from Shark Tank to expand its reach and solidify its position in the beauty and fashion industry.

With the continued support of Barbara Corcoran and the product’s popularity among consumers, Blinger is well-positioned for sustained growth.

The company’s ability to adapt and scale has been crucial to its success, particularly in meeting the demands of both its target audience and the broader market. Blinger continues to innovate and offer new products, ensuring that it remains relevant and appealing to its customers.

Which Episode Number Was Blinger on Shark Tank?

Blinger was featured in Episode 20 of Shark Tank Season 15, which aired on April 14, 2024. The episode highlighted a range of innovative products, with Blinger standing out due to its unique combination of fashion and functionality.

The episode attracted a broad audience, providing Blinger with significant exposure and helping to establish its presence in the beauty and fashion markets.

Created by Angie and Cambria Cella, the product allows users to attach crystals, pearls, and other gems to their hair without heat, making it a safe and fun accessory for all ages.

 During their pitch, the entrepreneurs sought investment to help scale their business and overcome operational challenges.

FAQs

Which Shark invested in Blinger?
Barbara Corcoran invested $200,000 for 25% equity in Blinger during its Shark Tank Season 15 appearance.

What was the valuation of Blinger during Shark Tank?
Blinger was initially valued at $4 million based on the ask, but the final deal with Barbara Corcoran valued it at $800,000.

Did Blinger make a deal on Shark Tank?
Yes, Angie and Cambria Cella secured a deal with Barbara Corcoran for $200,000 in exchange for 25% equity, plus funding for purchase orders.

How much does Blinger cost?
The Blinger hair tool comes in two models: the girls’ model retails for $29.99, and the women’s model with Swarovski crystals retails for $49.

Is Blinger still in business?
Yes, Blinger is still in business and continues to grow, selling thousands of units a month with the help of celebrity endorsements.

What is unique about Blinger?
Blinger allows users to easily attach crystals, pearls, and other gems to their hair without heat, making it a safe and fun accessory for all ages.