VaBroom On Shark Tank Update – Shark Tank Season 13
Featured on Shark Tank
VaBroom Shark Tank Update
Vabroom is a vacuum broom that combines the functionality of a broom and a vacuum cleaner, making it easy to sweep and collect debris in one go. Founder Trevor Lambert and his team secured a $350,000 investment for 15% equity from Kevin O’Leary.Summary:
- Company Name: Vabroom
- Founder: Trevor Lambert
- Founded: 2018
- Product: Vacuum broom
- Asked For: $350,000 for 7% equity
- Final Deal: $350,000 for 15% equity with Kevin O’Leary
- Season/Episode (Shark Tank USA): Season 13, Episode 11
- Business Status: In Business
- Headquarters: Tampa, Florida, USA
- Lifetime Worth (Sales): Estimated $1M
- Investor: Kevin O’Leary
- Go To Amazon: Buy Now
- Watch On: Amazon Prime
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Description
VaBroom On Shark Tank Update – Shark Tank Season 13
Trevor Lambert and John Vadnais pitched their product, VaBroom, on Shark Tank Season 13, where they sought $350,000 for a 2.5% equity stake. They successfully secured a deal with Kevin O’Leary, who offered the investment along with a $3 royalty per unit until he recouped $700,000, and 2.5% equity in Lambert’s design firm, Enhance Innovations.
VaBroom Product Overview
VaBroom is a unique cleaning tool that combines a broom and a vacuum, designed to simplify the cleanup of small messes. It features a pressure-activated vacuum nozzle that activates when the broom is tilted, allowing users to sweep debris directly into the vacuum without needing a dustpan.
The product has been well-received, achieving $3.1 million in sales within the year prior to their appearance on the show and expanding its retail presence to major stores like Walmart, Lowe’s, and Amazon.
VaBroom Post-Show Developments
Since appearing on Shark Tank, VaBroom has continued to thrive, reportedly generating annual revenues of approximately $5 million. The exposure from the show and subsequent social media attention, particularly on TikTok, has significantly boosted its visibility and sales.
Despite mixed reviews regarding its durability and functionality, the product remains popular among consumers, especially those looking for convenience in cleaning.
VaBroom Current Status
VaBroom is still actively selling its product, which is currently priced at $79.99. The founders continue to innovate within the cleaning product space, and there are indications that they may return to the tank with new inventions in the future.
