What Happened to Gobie H2O BPA Free Filtered Water Bottle After the Shark Tank Pitch?
What is the Gobie H2O BPA-Free Filtered Water Bottle?
Gobie H20 was a 22-ounce water bottle with a built-in filter that lets you fill it with tap water wherever you go.
The design contains a rubbery surface that allows the BPA-free bottle to be squeezed, and the filter is constructed of burned coconut shells, making it really biodegradable.
The bottle is made of BPA-free Tritan and features an ergonomic grip and mouthpiece. It was also designed to fit into a conventional cup holder, unlike some other bottles, making it easier to use in a car or on a bike.
The bottle had a carbon-based filter that could remove chlorine, minerals, and odours from the water.
Each filter can handle up to 100 gallons of water before needing to be changed. This filter was made from burned coconut shells, which makes it extremely combustible.
The Gobie H2O is $29.95, and replacement filters (enough to filter 100 gallons of water) are $10.
Who is the Founder of Gobie H2O BPA-Free Filtered Water Bottle?
The Gobie H2O BPA Free Filtered Water Bottle was invented by Rusty Allen of San Diego, California.
Rusty found that he was spending more money per gallon on single-use water bottles than he did on gasoline in his car. This infuriated him, and as a response, he decided to invent Gobie.
Gobie, according to Rusty, is the most sophisticated filtration water bottle on the market.
The flex flow technology blends the hard shell’s durability with the usage of a soft shell. This provides you with quick access to clean, filtered water.
Rusty realized after designing the device that it can filter out far more than just tap water, and he would love to show the Sharks this.
With their enhanced filter, the filter can remove 99.99 percent of all contaminants present in water.
What Happened to the Gobie H2O BPA Free Filtered Water Bottle pitch on Shark Tank?
Rusty Allen entered Shark Tank in season 4 episode 21 and asking for $300,000 in return for a 10% ownership in his firm, Gobie H2O. This equates to a $3 million valuation.
He gives a quick demonstration of his innovation, which includes an upgrade filter that filters out 99.99% of contaminants and uses potting soil to show that the filter can clean even the dirtiest water and make it drinkable.
Kevin O’Leary asks if Allen plans to target the casual-user market in the United States, or if he will focus on the specialty of supplying clean water in areas where none is available.
In America, where pure water is nearly ubiquitous, Robert Herjavec believes that the expense of supplying a filter is unreasonably high.
Lori Greiner claims to have seen “many things” with a filtration mechanism comparable to the Gobie H2O bottle. The only difference she observes is the squeezable soft side of Allen’s product.
Allen claims that the flexible side of the bottle allows more pressure to build up inside the container, increasing filtration. The water bottle is “extremely hot,” according to Daymond John, and he wants to know how much it costs.
The bottles cost $10 to make and $30 to sell. Total sales have totalled $285,000 over the course of 17 months.
Lori Greiner admires his “trying to do something new,” but feels there is “a lot of competition out there.” She’s no longer there.
Kevin O’Leary expresses his dissatisfaction with the company’s value. Allen tries his hand at a sales pitch, stating that everyone drinks water.
Mark Cuban and Kevin O’Leary cut him off. O’Leary tells him he should have talked to him about his sales plan. He’s no longer there.
“You’re trying to go into the water filtration business,” Mark Cuban tells Allen. “You’re selling the wrong thing,” Allen adds as he walks away.
“You don’t understand the business you’re in,” Robert Herjavec adds. He’s no longer there.
Daymond John is perplexed as to why he desires the money. Allen adds that the money are needed for manufacturing. On the condition that they get into a big box shop, John makes a $300,000 offer for 40% of the firm.
Allen requests a call from his business advisor. Following a consultation, Allen asks John whether he is willing to engage Mark Cuban and Lori Greiner in the transaction. John rejects, sticking to his original offer.
Allen agrees and organizes a Shark transaction with Daymond John.
What Happened to Gobie H2O BPA Free Filtered Water Bottle After the Shark Tank Pitch?
Gobie H2O continues to sell well and is still blue. Daymond John tweeted immediately after the show, “FYI Rusty from Gobie H20 has been fantastic 2work with & a team player.” “I’ve found a winner!”
Their partnership appears to have been beneficial to both parties. Gobie H2O water bottles may be purchased via the company’s website as well as from other online merchants such as Amazon.com.
As of August 2021, the Gobie website is no longer operational. The product is also “temporarily unavailable” on Amazon.
According to Allen’s LinkedIn page, the firm is still in operation, but he has founded another, Happi Canine, which provides fish oil-infused CBD supplements for dogs. It appears that the corporation is no longer in operation.
What is the Net Worth of Gobie H2O BPA Free Filtered Water Bottle?
Rusty Allen appeared on Shark Tank in search of $300,000 in return for a 10% ownership in his firm, Gobie H2O. This equates to a $3 million valuation.
He accepted Daymond’s offer of $300,000 for a 40% share, bringing the worth to $750,000.
Who are the Competitors of Gobie H2O Filtered Water Bottle?
Gobie H2O BPA Free Filtered Water Bottle’s opponent is LARQ.
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Gobie H2O Filtered Water Bottle FAQS
What was the difference between Gobie H2O Filtered Water Bottle and traditional tap water bottles?
The Gobie H2O BPA Free Filtered Water Bottle filters out contaminants such as lead, pesticides and other harmful chemicals while being safe for them to drink.
Was the Gobie H2O BPA Free Filtered Water Bottle reusable?
Yes. Reusable, durable and BPA-free, independently lab tested to meet protocols.
How many times can they refill the Gobie H2O BPA Free Filtered Water Bottle?
Each filter can handle up to 100 gallons of water before needing to be changed.
What was the price of the Gobie H2O BPA Free Filtered Water Bottle?
The Gobie H2O is $29.95, and replacement filters (enough to filter 100 gallons of water) are $10.
What material was Gobie H2O BPA Free Filtered Water Bottle made of?
The Gobie H2O BPA Free Filtered Water Bottle is made of BPA-free Tritan and features an ergonomic grip and mouthpiece.
Who was the founder of Gobie H2O BPA Free Filtered Water Bottle?
The founder of Gobie H2O is Rusty Allen of San Diego, California.
Where can they buy Gobie H2O BPA Free Filtered Water Bottle?
This business has ceased operation.
How much was Rusty Allen seeking in the Shark Tank?
Rusty Allen were in search of $300,000 in return for a 10% ownership in his firm, Gobie H2O. This equates to a $3 million valuation.
Did Gobie H2O get a deal on the Shark Tank?
Yes, Daymond offered $300,000 for a 40% share, which brings valuation to be $750,000.
What happened to Gobie H2O after the Shark Tank?
Gobie H2O continues to sell well and is still blue. Daymond John tweeted immediately after the show, “FYI Rusty from Gobie H20 has been fantastic 2work with & a team player.” “I’ve found a winner!”
Their partnership appears to have been beneficial to both parties.
Is Gobie H2O still in business?
According to Allen’s LinkedIn page, the firm is still in operation, but he has founded another, Happi Canine, which provides fish oil-infused CBD supplements for dogs.
It appears that the corporation is no longer in operation.
