What Happened to GarmaGuard After the Shark Tank Pitch?
What is GarmaGuard?
GarmaGuard is a non-GMO garment and fabric cleaning that may be sprayed on clothing, textiles, and soft surfaces to eradicate odour-causing microorganisms.
The main component is citric acid, a highly potent chemical molecule recognized for its ability to kill bacteria.
Who is the Founder of GarmaGuard?
GarmaGuard was founded by Pete and Bianca Badawy.
Peter Badawy created the gadget and is presently the CEO of the product’s parent company, Elysian Labs.
He served as a police officer for the United States Army prior to his participation on Shark Tank.
He is dedicated to his company’s idea of cleaning clothing and fabrics with safe and organic treatments.
With the help of a company called Elysian Labs, the couple devised a suitable formula.
GarmaGuard is free of bleach and harsh chemicals, making it suitable for use on uniforms, shoes, and headgear.
They primarily sell to first responders and front-line staff, but they welcome sales from the general public as well.
They are currently accessible on a number of websites that provide police and nursing supplies.
The product is also available on Amazon.
A spray can with over 200 applications costs $12.99. When purchasing in bulk, the cost per can falls.
What Happened to GarmaGuard at the Shark Tank Pitch?
Bianca and Pete appeared on Shark Tank in Tyvek suits, asking $100,000 in return for a 10% share in their company. This represents a $1 million valuation.
They demonstrate viruses clinging to clothes by tossing velcro balls at actor “Joe.”
They next introduce and show the product.
After the Sharks analyse the samples, Mr. Wonderful praises the pitch as “really great dreadful theatre.”
Blake feels that this might save people money on odour elimination as compared to dry cleaning.
Blake tests it on his shoes and claims that it works.
It has antibacterial and antiviral properties.
They’ve been in business for a year and a half and have $476,000 in sales. They cost $1.85 to make and $12.99 to sell.
All sales are made online. Kevin says the golden ring will be granted if they can prove it kills Covid on your clothing; Pete says they’re about a year away from doing so.
Mark claims that the product is fantastic, but that they also need to be an exceptional marketing organization, which they are currently developing; he then departs.
Kevin thinks they’re amazing, but he’s leaving.
Daymond feels they can grow this without the help of an investor, therefore he is out.
Lori says she’ll be a client, but it’s too early for her to invest; she’s out.
Blake is curious about the sales projection for 2020. Pete believes that they will sell $500,000 and profit $100,000 from the transaction.
Blake encourages them to postpone their search for an investor because to their current circumstances; he, too, is out, and they leave without a contract from the sharks.
What Happened to GarmaGuard After the Shark Tank Pitch?
Their product still lacks a “kills Covid” badge as of July 2021. The company is still in operation and earns between $500,000 and $800,000 in sales.
What is the Net Worth of GarmaGuard?
Bianca and Pete appeared on Shark Tank in Tyvek suits, asking $100,000 in return for a 10% stake in their company. This represents a $1 million valuation.
Who are the Competitors of GarmaGuard?
Competitors of GarmaGuard include:
BioPro Research, Inc., located in Chicago, aims to create products that can be utilized to combat lethal infections.
The procedures used by BioPro are founded on the same principles as natural anti-pathogens.
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GarmaGuard FAQS
Where is GarmaGuard made?
GarmaGuard comes in 30-day bottles and is proudly made in the United States of America.
Who is the GarmaGuard?
Peter Badawy created the gadget and is presently the CEO of the product’s parent company, Elysian Labs.
He served as a police officer for the United States Army prior to his participation on Shark Tank.
He is dedicated to his company’s idea of cleaning clothing and fabrics with safe and organic treatments.
What is GarmaGuard?
GarmaGuard is the first non-GMO, natural on-the-go garment and fabric cleaning developed to eliminate odour-causing bacteria on all types of clothing, fabrics, and soft surfaces.
Does GarmaGuard provide sanitization?
GarmaGuard removes odours at their source because of its essential component, citric acid, which has a long history of usage as a safe and effective cleanser and disinfectant.
Who is Blake in shark tank?
Blake Mycoskie is a serial entrepreneur, philanthropist, and best-selling author who founded TOMS Shoes.
He also founded One for One, a company concept that distributes a pair of shoes to someone in need for every product purchased.
Is GarmaGuard still in business?
The company is still in operation and earns between $500,000 and $800,000 in sales.
What components are contained in GarmaGuard?
GarmaGuard contains Citric Acid as well as a proprietary blend of naturally produced chemicals.
Is GarmaGuard effective against bacteria?
GarmaGuard is an all-natural citric acid mixture included in a range of household cleaning products.
It is used to deodorize clothing and has been demonstrated to be effective against some bacteria and viruses.
GarmaGuard has been praised by medical professionals, police enforcement, and other first responders.
Did GarmaGuard get a deal on Shark Tank?
Despite their enthusiasm about their fabric cleaner, the left finally abandoned the Tank.
How is the business model for GarmaGuard?
The business concept for GarmaGuard is to sell the product as a non-toxic, natural, and safe alternative to chemical disinfectants.
The company seeks to nurture clients for its retail items by utilizing each of its target markets.
Who owns GarmaGuard?
GarmaGuard is owned by Pete and Bianca Badawy.
Has GarmaGuard ever been on Shark Tank?
Bianca Badawy and Pete Badawy appeared on Shark Tank on October 16, 2016, seeking $100,000 in return for 10% of their firm. They walked away without an agreement.
Which episode of Shark Tank featured GarmaGuard?
Bianca and Pete Badawy presented their presentation in Season 12 Episode 1.
