FunkkOFF TeethRefreshers Shark Tank Episode 14 Update & Net Worth

FunkkOFF TeethRefreshers Shark Tank Episode 14 Update & Net Worth

FunkkOFF TeethRefreshers, a unique product designed to keep teeth fresh and clean on the go, made an appearance on Shark Tank Season 14, Episode 14.

Entrepreneurs Joelle Flynn and Sonia Hounsell came to the tank hoping to secure a deal that would help scale their product, a teeth refresher that combines both toothbrush and toothpaste in one portable, lipstick-sized device.

They pitched their company asking for $250,000 for 5% equity. But did they walk away with an offer? Let’s dive into the details of their Shark Tank journey and find out in this FunkkOFF update.

FunkkOFF TeethRefreshers, co-founded by Joelle Flynn and Sonia Hounsell, appeared on Shark Tank in Season 14, Episode 14, seeking $250,000 for a 5% equity stake. The product is a pocket-sized dental accessory designed to help users refresh their teeth and breath on the go.

During their pitch, the founders highlighted the convenience of their product, which features a mirror and a brush head that dispenses a natural tooth gel.

Despite the innovative concept, the sharks were initially concerned about the company’s low sales of $80,000 since its launch. After all the sharks initially opted out, Robert Herjavec had a change of heart and offered $250,000 for 12% equity, which Joelle and Sonia accepted.

Since appearing on Shark Tank, FunkkOFF has continued to operate and grow. The company has experienced increased website traffic and sales, benefiting from the exposure the show provided. They have focused on improving their marketing strategy with Robert’s assistance, and projections for 2023 indicate that gross revenue is expected to exceed previous years.

FunkkOFF was valued at approximately $2.083 million after the deal with Robert Herjavec. As of now, the estimated net worth of FunkkOFF is around $2.753 million, reflecting its growth and the positive reception of its product,

FunkkOFF successfully secured a deal on Shark Tank and has leveraged that exposure to enhance its market presence, positioning itself as a convenient solution for dental hygiene on the go.

What is FunkkOFF TeethRefreshers? How Does it Work?

FunkkOFF TeethRefreshers is a compact, all-in-one teeth cleaning solution designed to keep teeth bright and fresh on the go. Whether you’re out to dinner, enjoying a cup of coffee, or sipping on wine, this product helps eliminate food and drink stains from your teeth without having to remove lipstick or apply toothpaste in public.

Here’s how FunkkOFF works:

1. Twist: Open the product by twisting the base to reveal the brush head.
2. Brush: Gently brush your teeth with the built-in brush, which is infused with a natural peppermint and vanilla-flavored tooth gel.
3. Rinse: After brushing, rinse your mouth or spit as needed, and you’re good to go!

Each unit of FunkkOFF TeethRefreshers is designed to last for up to 30 uses and contains fluoride-free, vegan, and gluten-free ingredients. The compact size, which mimics the shape of a lipstick, makes it incredibly convenient to carry in a bag or pocket. At a retail price of $22, FunkkOFF offers a handy alternative for those moments when brushing your teeth at home isn’t an option.

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FunkkOFF Shark Tank Episode 14 Season 14: What Happened at Shark Tank Pitch?

When Joelle Flynn and Sonia Hounsell entered the Shark Tank, they presented their innovative FunkkOFF TeethRefreshers product with enthusiasm. They explained that the idea came about when Joelle, who lived near Napa, regularly attended wine tastings and found herself with stained teeth. This inspired her to create a solution that could easily clean teeth without messing up her lipstick.

The entrepreneurs revealed that they had eight patents for their product and were already selling FunkkOFF on their website, as well as in over 50 retail locations across the U.S., including dental offices, med spas, and hotel gift shops. However, despite the uniqueness of their product, they had only generated $82,000 in sales since launching in July 2022. This number raised concerns among the sharks.

FunkkOFF has a strong profit margin, with each unit costing $7.50 to produce and retailing for $22, leaving a solid margin of about 67%. However, the low sales figures worried the sharks, leading them to question the product’s market traction and scalability.

FunkkOFF Shark Tank Pitch Summary

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What Happened To FunkkOFF After Shark Tank?

After a shaky pitch, it seemed like Joelle and Sonia might leave the tank without a deal. All the sharks initially declined to invest due to the company’s low sales and lack of profitability. Robert Herjavec was the first to drop out, followed by Emma Grede, Lori Greiner, and Kevin O’Leary. Mark Cuban also passed, citing concerns about their marketing strategy.

Just when all hope seemed lost, Robert Herjavec reconsidered. He saw potential in the product and believed he could help Joelle and Sonia with their marketing and scaling issues. He offered them $250,000 for 12% equity, and the entrepreneurs quickly accepted his deal.

After Shark Tank, FunkkOFF saw a surge in interest and sales. Their exposure on the show helped boost their online presence, driving more traffic to their website and increasing product visibility. With Robert’s backing, the company aimed to refine its marketing strategy, improve inventory management, and push towards wider distribution.

How Much Is FunkkOFF Worth?

As of 2024, FunkkOFF is estimated to be worth $5 million. The company’s value is based on its growing market presence, patented product design, and strong potential for scaling. With the additional exposure and investment from Shark Tank, FunkkOFF is expected to grow its sales, particularly by tapping into broader retail channels and continuing to build its brand as a lifestyle teeth care solution.

Is FunkkOFF Still In Business?

Yes, FunkkOFF is still in business as of 2024. After its successful appearance on Shark Tank, the company has expanded its reach, both through its online store and a growing number of physical retail locations across the United States. The product remains available on Amazon, and customers can find FunkkOFF in over 49 stores nationwide.

Despite early challenges, Joelle and Sonia have stayed committed to scaling their company, and they continue to refine their product and marketing strategies with the help of Robert Herjavec. The founders have also explored international markets and new retail partnerships to increase sales and brand recognition.

Which Episode Number was FunkkOFF on Shark Tank?

FunkkOFF TeethRefreshers was featured on Shark Tank Season 14, Episode 14, which aired on February 17, 2023. The episode marked a significant moment for the company, bringing increased visibility and the opportunity to partner with shark Robert Herjavec.

Since its appearance on Shark Tank, FunkkOFF has continued to grow, with the backing of Robert Herjavec helping the company navigate its marketing and sales challenges.

 With its patented, convenient design and dedication to oral hygiene on the go, FunkkOFF TeethRefreshers has the potential to become a household name in the world of personal care products. Keep an eye out for this innovative product as it expands its reach and continues to make waves in the oral care market.