What Happened To Angel Shave Club After Shark Tank?

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What is Angel Shave Club?

Angel Shave Club is the first women-founded boutique shave club with the mission of providing women with a premium shaving experience at an affordable price.

The Angel Shave Club was marketed as the first subscription-based shaving club dedicated only to women’s razors, lotions, and other grooming needs. Subscribers may pick between two different razors and received blade replacements every two to four months.

According to Iskra Tsenkova, CEO and creator of Angel Shave Club, consumers may choose the number of blades, the color of the handle, and the frequency with which they want them delivered with the company’s fully customizable monthly plan.

Additionally, Angel Shave Club offers a First Shave Kit designed just for young females that includes everything they need to get started shaving.

Angel Shave Club later said that they had entered into a $200,000 investment deal with Quake Capital and had been accepted into their accelerator program.

The deal comes only weeks after the subscription-based shaving firm was featured on ABC’s Shark Tank (Without getting a deal).

Because of Quake Capital’s financing, Angel Shave Club was positioned to compete in the expanding subscription service business.

The accelerator program has the potential to increase the income of the firm by 100-150 percent.

Along with the funding, Angel Shave Club will receive lifelong access to Quake resources, 12 weeks of rigorous hands-on mentoring from Quake mentors, connections to Quake’s broad network, and three-month office space.

Angel Shave Club has a 3.15-star rating from 13 customers, indicating that most customers are satisfied with their purchases.

Angel Shave Club is ranked 15th in the category of Shaving.

What Happened to Angel Shave Club After Shark Tank?

Iskra Tsenkova and her business partner Brian approached the Sharks for a $300,000 investment in exchange for a 10% ownership in their company, Angel Shave Club.

Founder and proprietor of a beauty shave club that provides high-quality razors to females. Customers may shave comfortably with the help of the company’s club, which stocks razors, shaving cream, body lotion, and other cosmetics.

Consumers would receive a razor and replenished blades every two to four months, depending on their replenishment preference.

Because none of the Sharks were ready to take on the investment risk associated with Angel Shave Club, they decided not to submit offers to the firm.

Later that year, Angel Shave Club announced that they had obtained a $200,000 investment from Quake Capital and had been admitted into their accelerator program.

Angel Shave Club operated for three years until early May 2020, when it was forced to close owing to Covid 19 and a lack of funds.

Shark Tank Angel Shave Club FAQs

What exactly is the Angel Shave Club?

Angel Shave Club is the first boutique shave club founded by Iskra Tsenkova. It is a subscription-based shaving club dedicated only to women’s razors, lotions, and other grooming needs. Subscribers may pick between two different razors and received blade replacements every two to four months.

How is the Angel Shave Club run?

Angel Shave Club is the world’s first subscription service for women’s shaving. Women may join the Angel Shave Club and choose between two razors that will be sent twice or four times a year.

It’s an all-female online boutique subscription shaving club.

When did Angel Shave Club get its start?

Angel Shave Club is a San Diego-based woman-owned enterprise. Angel Shave Club, created in early 2016, is the first of its type, a women-only online boutique membership shave club.

What are the Angel Shave Club reviews?

Angel Shave Club has a 3.15-star rating from 13 customers, indicating that most customers are satisfied with their purchases. Angel Shave Club is ranked 15th in the category of Shaving.

What are the challenges?

The majority of consumer concerns center on a lack of customer support, making canceling a subscription more difficult.

When was Angel Shave Club pitched on Shark Tank?

Iskra Tsenkova and Brian Archambo presented Angel Shave Membership for investment on Shark Tank episode 1010. It is a women-only monthly razor club.

According to Iskra Tsenkova, CEO and creator of Angel Shave Club, appearing on Shark Tank has been a goal of hers since the company’s beginning in 2016.

What does Angel Shave Club provide?

Angel Shave Club addresses a real problem in the grooming industry by creating an alternative to costly women’s shaving products.

Regrettably, the corporation ceased operations in May 2020 due to Covid-19.

What is a monthly shave club subscription?

Tsenkova’s monthly membership shave club, which is solely for women, was born out of an epiphany she had while washing and comparing her razor to her spouse’s.

What does Angel Shave Club Contribute to the Global Community?

Tsenkova continues to empower women by donating a portion of each Angel Shave Club sale to support the battle for gender equality and provide commodities, education, and jobs to girls and women in need worldwide.

Did Angel Shave Club secure a deal on Shark Tank?

Angel Shave Club quit the Shark Tank in Season 10, Episode 11, without securing a deal.

They did, however, get the attention of venture capital company Quake Capital, which invested $200,000 in the women’s shaving club following the shark tank.

Angel Shave Club Is Still Open For Business

The business is a women’s boutique shave club founded by a woman and shown on Shark Tank episode 1010.

Regrettably, the Angel Shave Club firm fell bankrupt in mid-2020 due to Covid-19.

According to their website, they regretfully discontinue their services three years after inception due to Covid-19.