Boona Tandem Showerhead Shark Tank Episode Update & Net Worth

Boona Tandem Showerhead Shark Tank Episode Update & Net Worth

Boona, founded by Brett Skaloud and Jeff Feiereisen, appeared on Shark Tank in Season 15, Episode 17 seeking $400,000 for 10% equity, valuing the company at $4 million.

Boona specializes in creating innovative products for couples, including the Tandem Shower, an attachment that allows two people to shower together comfortably.

During their pitch, Brett and Jeff showcased the Tandem Shower and highlighted the following key points:

• Easy Installation: The system can be installed in under 10 minutes without the need for contractors or renovations.
• Custom-engineered Showerheads: The heads are designed to optimize water pressure and performance, offering three flow settings, including a high-velocity option.
• Sales Performance: Boona had over 5,000 happy customers with an average rating of 4.7 stars at the time of filming. They had also successfully completed a $774,113 Kickstarter campaign with over 3,400 backers.

Despite the innovative features and impressive sales, the sharks ultimately decided not to invest in Boona. Kevin O’Leary made two offers, but the founders declined to accept them.

After their appearance on Shark Tank, Boona experienced a surge in orders and website traffic. The company is still in business and continues to sell the Tandem Shower through its website. Boona is estimated to be valued at around $3 million as of August 2024.

The estimated net worth of Boona Tandem Showerhead is approximately $3 million, reflecting the company’s growth since its appearance on Shark Tank and its potential in the shower accessories market.

What is Boona Tandem Showerhead? How Does It Work?

The Boona Tandem Showerhead is a practical solution for couples who want to enjoy showering together without the hassle of sharing a single showerhead. This product features a dual showerhead system that can be easily installed in any standard shower without the need for costly renovations.

The Tandem Showerhead optimizes water pressure and provides a comfortable, luxurious shower experience for two people simultaneously.

The setup process is simple, requiring only the extension of rods and the connection of valves, making it a convenient and affordable option for consumers.

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The Boona Tandem Showerhead made its debut on Shark Tank during Season 15. Entrepreneurs Jeff Feiereisen and Brett Skaloud pitched their innovative shower accessory, designed to allow couples to comfortably shower together with dual showerheads.

Although with a compelling presentation, the duo left the tank without securing a deal. However, since their appearance on the show, Boona has continued to grow, with their Tandem Showerhead receiving rave reviews and strong sales on platforms like Amazon

Boona Tandem Showerhead Shark Tank Full Episode; What Happened at Shark Tank Pitch?

During the Boona Tandem Showerhead Shark Tank episode, Jeff Feiereisen and Brett Skaloud asked for $400,000 in exchange for 10% equity, valuing their company at $4 million.

They showcased their product’s benefits, highlighting its unique ability to add a second showerhead to a standard shower setup, providing a more comfortable and enjoyable showering experience for couples.

The entrepreneurs shared impressive sales figures, including $750,000 from their Kickstarter campaign and an anticipated $1.7 million in sales for the year of filming, with a projected profit of $850,000.

They explained that their product had already garnered over 5,000 happy customers and received an average rating of 4.7 stars.

However, despite their success, the sharks expressed concerns about the product’s scalability and the company’s broader goals. Kevin O’Leary made two offers: $400,000 for 10% equity with a $40 per unit royalty until he recouped $1.2 million, or $400,000 for 33.3% equity.

The entrepreneurs countered with $600,000 for 20% equity, but ultimately, the negotiations broke down, and Kevin O’Leary withdrew his offers, leaving Jeff and Brett without a deal.

What Happened to Boona Tandem Showerhead After Shark Tank?

Following their Shark Tank appearance, Boona has continued to thrive, even without a deal. The company has received strong customer feedback, with over 1,000 5-star reviews on Amazon, reflecting the product’s popularity and effectiveness.

 The exposure from Shark Tank helped boost their sales, and Boona has maintained its momentum, continuing to sell its Tandem Showerhead both on its official website and on Amazon.

How Much Is Boona Tandem Showerhead Worth?

As of 2024, Boona is estimated to be worth around $4 million, consistent with the valuation they presented on Shark Tank. This valuation is supported by the company’s strong sales figures, high customer satisfaction, and growing brand recognition.

 The Tandem Showerhead continues to be a popular product, contributing to the company’s ongoing success.

Is Boona Tandem Showerhead Still in Business?

Yes, Boona Tandem Showerhead is still in business and doing well. The company has successfully capitalized on the exposure from Shark Tank to expand its customer base and grow its brand.

With a focus on delivering high-quality products that meet a specific consumer need, Boona is poised for continued success in the shower accessories market.

The Tandem Showerhead remains a top seller on both the company’s website and Amazon, where it continues to receive positive reviews from satisfied customers.

Which Episode Number Was Boona Tandem Showerhead on Shark Tank?

The Boona Tandem Showerhead was featured on Shark Tank during Season 15, Episode 17, which aired on March 9, 2024. In this episode, Jeff Feiereisen and Brett Skaloud presented their product to the sharks, seeking investment to help scale their business and enhance their brand presence.