Happi Floss Compostable Flossers Shark Tank Episode 18 Update & Net Worth

Happi Floss Compostable Flossers Shark Tank Episode 18 Update & Net Worth

Happi Floss is a revolutionary dental flosser designed to address the environmental concerns associated with traditional plastic flossers. Developed by Dr. Staci Whitman, Happi Floss is the world’s first compostable flosser, made from sustainable materials that decompose within a year.

This product was created to reduce the harmful impact of single-use plastics on the environment, offering an eco-friendly alternative to the billions of plastic flossers that end up in landfills each year.

In Season 14, Episode 18 of Shark Tank, Dr. Staci Whitman pitched her company, Happi Floss, to the Sharks, seeking $200,000 for 10% equity. She valued her company at $2 million but faced challenges during her pitch due to the lack of sales and the competitive landscape.

 Despite the innovative nature of her product, none of the Sharks decided to invest, and Dr. Staci left without a deal. As of January 2024, Happi Floss’s net worth is estimated at $2 million.

What Is Happi Floss? How Does it Work?

Happi Floss is a compostable dental flosser designed to be an environmentally friendly alternative to traditional plastic flossers. The flosser is made from a combination of post-consumer recycled paper and natural cassava root extract, ensuring that it is both plastic-free and non-toxic.

Unlike conventional flossers, which can take over 400 years to decompose, Happi Floss breaks down in compost or soil within a year, making it a sustainable choice for daily dental hygiene.

The flosser’s design allows it to fit comfortably in any mouth shape, making it easy for both children and adults to use. Happi Floss is not only better for the environment but also safe for users, as it contains no harmful chemicals or petroleum-based materials. The product is sold in a 30-pack for $12.99 and is positioned as a premium yet eco-friendly dental care option.

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Happi Floss Shark Tank Episode 18 Season 14: What Happened at Shark Tank Pitch?

In Season 14, Episode 18 of Shark Tank, Dr. Staci Whitman presented Happi Floss to the Sharks, seeking $200,000 for 10% equity. She explained the environmental impact of traditional plastic flossers and introduced her compostable flosser as a solution to this growing problem. Despite the product’s potential, Dr. Staci faced several challenges during her pitch.

One of the major issues raised by the Sharks was the lack of sales. At the time of her pitch, Happi Floss had not yet been launched in the market, and there were no sales numbers to demonstrate its popularity with consumers.

Additionally, while Dr. Staci had raised less than $125,000 in pre-sales through crowdfunding, the Sharks were concerned about the presence of a fierce competitor already gaining traction in the market.

The Sharks also questioned the company’s $2 million valuation, especially given the product’s unproven track record. Lori Greiner suggested that Dr. Staci consider a royalty partnership with someone experienced in the dental care industry. However, none of the Sharks were willing to invest, and Dr. Staci left the tank without a deal.

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Happi Floss Shark Tank Pitch Summary

What Happened To Happi Floss After Shark Tank?

Following the Shark Tank episode, Happi Floss gained some visibility and interest, primarily due to the exposure from the show. Although Dr. Staci did not secure a deal, the appearance helped raise awareness about her product and its potential to reduce the environmental impact of dental care.

As of the first quarter of 2023, Happi Floss had not yet been made available for purchase, but the company was actively working on scaling production. The official website indicated that the team was in discussions with potential investment and manufacturing partners to create the necessary machinery to produce a million compostable flossers by the end of 2023.

Despite the initial challenges, Dr. Staci remained committed to her mission of creating a plastic-free alternative to traditional flossers. The increased social media following and engagement after the Shark Tank appearance provided some momentum as the company continued to refine its product and prepare for a broader launch.

How Much Is Happi Floss Worth?

As of January 2024, Happi Floss is estimated to be worth $2 million. This valuation is based on the company’s potential in the eco-friendly dental care market and the growing demand for sustainable alternatives to single-use plastics. While Happi Floss has yet to achieve significant sales, its innovative concept and environmental benefits position it well for future growth.

The company’s valuation also reflects the pending patents in the United States, Europe, and Canada, which could provide a competitive edge once the product is fully launched. As more consumers become aware of the environmental impact of their daily habits, Happi Floss is poised to capitalize on the trend toward sustainability.

Is Happi Floss Still in Business?

Yes, Happi Floss is still in business as of January 2024. Although the company faced some setbacks, including the lack of investment from the Sharks and the challenges in scaling production, Happi Floss continues to work toward bringing its compostable flossers to market.

The company is headquartered in Portland, Oregon, and operates with a small team dedicated to making a positive impact on the environment.

Happi Floss is currently in the final stages of preparing for a full-scale launch, with plans to release its product to the public in the near future. The company remains focused on its mission to reduce plastic waste and provide consumers with a sustainable alternative to traditional dental flossers.

Which Episode Number Was Happi Floss Shark Tank?

Happi Floss appeared on Shark Tank during Season 14, Episode 18, which originally aired on March 31, 2023. Although Dr. Staci Whitman did not secure a deal, her appearance on the show helped raise awareness about the environmental impact of traditional flossers and introduced her compostable alternative to a broader audience.