What Happened to SeedSheet After Shark Tank?
What is a SeedSheet?
SeedSheet is a gardening package that comprises potting soil, a watering nozzle, a security stake, and two distinct sheets with six different species of seeds implanted in them.
Cameron Mackugler created SeedSheet in 2014, which combines a weed-blocking fabric with a variety of dissolvable pouches.
Each contains a soil buffer as well as organic, non-GMO seeds. Unroll the SeedSheet on top of the soil and then add water. The pouches will dissolve, the seeds will sprout, and your windowsill will be turned into a personal farmer’s market, according to the instructions.
Customers may buy pre-portioned recipe bundles like a drink, spicy sauce, herbs, salad, or tacos, or they can design their own SeedSheet.
SeedSheet comes in a range of pre-designed gardening bundles according on the vegetables you want to grow. The kit comprises seed pods attached to a roll of weed control fabric. Roll out the sheet, wet it, and start growing plants.
Who is the founder of SeedSheet?
Cameron Mackugler founded SeedSheet in 2014, although the idea for his product came to him in 2012 while house-sitting for a friend’s 80-acre farm. He liked the fresh veggies he got while living there, but he didn’t think he was capable of starting his own garden.
When the idea for SeedSheet occurred to him, he made the first prototype with his friend’s child’s crayons.
He was conversant with design elements because he was an architect. Customers design their landscapes online using the patent-pending garden-builder program.
Enter your zip code, and the computer will advise you on what will grow best in your area. They will construct and transport your garden after you have designed it.
Mackugler established the firm with a successful Kickstarter campaign in the summer of 2015. He provided $30,664 in funding and shipped over 250 pre-built gardens. Pre-designed kits begin at $15, making it both affordable and simple to get started.
What Happened to SeedSheet’s Shark Tank Pitch?
Mackugler believes a Shark recognizes the development potential of SeedSheet, his fool proof organic gardening approach, as he pitches in Season 8 episode 22. He’s looking for a Shark to help him break into big retail chains.
Mackugler entered the Shark Tank pitch seeking for $500,000 for 10% stake in his firm, which valued at $5 million.
He makes his pitch, and then presents Dan Rollman of Record Setter, a website where “anyone can set a world record.”
Mackugler invited Mark onstage to achieve a world record for planting 7,000 seeds. Mark establishes a new record by unrolling the seed mat in 14.5 seconds!
He tells the Sharks about the numerous options and shares some of his background with them. Each item costs between $1 and $3 to make.
The wholesale price is $7.50, while the retail price is $14.99. In 20 months, he’s made $156,000 in sales. He has 46 Home Depot sites where he offers his items.
While Mark was skeptical of the retail move, Daymond was impressed by his ability to disrupt gardening.
Despite his admiration, Daymond feels Cam hasn’t mastered the move to retail, therefore he’s out.
The second Shark to exit was Robert, who claims that his child will never use it.
Lori likes the idea and thinks she can sell it on QVC. She proposes a $500,000 investment in return for 22% ownership in the firm. Kevin offers $500,000 in return for 15% ownership of the company. Mark offers a 50/50 collaboration with Lori.
Lori says she’ll eliminate Mark from the deal, and Mackugler asks if they’ll work together for 20% stock. Kevin then cuts the price for 12.5% equity shares to $500,000.
After considerable arguing, Mackugler secures a deal with Lori for $500,000 in exchange for 20% stock in the business and walks away from the pitch with a deal.
What Happened to SeedSheet After Shark Tank?
Lori’s deal was finalized after Mackugler walked away from the pitch with a deal, and Lori emerged from her own garden to market this product on QVC. In the first two years after it aired, they generated $1.5 million in sales.
The $14.99 item has been discontinued. They now sell $24.99 container gardens, $79.99 family-sized gardens, and $99.99 48 raised bed gardens (raised bed not included).
For $92.99, they also provide themed container garden bundles of three containers. As of December 2021, the firm is running and producing $5 million in annual sales.
SeedSheet’s Net Worth
During the pitch, the firm was valued at $5 million; following Lori Greiner’s investment, the company was valued at $2.5 million. The company has an estimate net worth of $5 million.
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SeedSheet FAQs
What is the benefit of growing your own food?
The benefits beyond just saving money include the following: Being in total control of what people put in their body. Taste is enhanced because people know exactly what’s going into their food. People can be certain that what they’re eating is fresh – no hidden preservatives or additives.
How do I start growing my own food?
It only takes a little planning and preparation to get started.
What’s the difference between SeedSheet and traditional garden?
SeedSheet provides you with a foolproof organic gardening approach.
What do I need to grow my own food?
It only takes a little planning and preparation to get started.
Is my garden safe?
Safety is their highest priority. They follow all NOP and FDA guidelines.
What produce can I grow with SeedSheet?
You can grow just about any produce you want. Here is a list of the most popular: Artichokes, Asparagus, Beans, Bok Choy, Broccoli, Cabbage family (Bok Choy, Chinese, Napa, and Purple), Carrots, Celery and Cilantro (Curry, Italian)
What does SeedSheet do?
SeedSheet sells high quality, user-friendly, and affordable garden kits. Every piece of equipment is built to last.
What does SeedSheet offer?
SeedSheet offers users modern and easy-to-use garden kits. Their designs were inspired by their customers’ feedback. Every item is packaged with a how to guide (including photos) for all skill levels of gardening.
How to use a SeedSheet?
SeedSheet provides an easy-to-follow step-by-step guide with pictures for the novice and the expert gardener alike. They also offer access to an online tutorial where people can get a no obligation, free consultation.
How do I keep my soil healthy?
SeedSheet offers numerous organic products that are suitable for every gardening need. In addition, they offer advice on how to keep the soil healthy without harsh chemicals such as pesticides and synthetic fertilizers.
What do I do if my plants get bugs?
Like all living things, plants need to be taken care of. If their plants get bugs, people have to treat them. One effective way of doing this is repelling natural predators.
How do I do that?
Just follow SeedSheet’s instructions and use the organic repellents they offer.
How much is SeedSheet cost?
SeedSheet prices vary, but in terms of reasonable cost, they aim to be the most affordable option in the gardening industry. They also offer discounts for ordering in bulk.
How do I make payment?
Payment can be made through credit card, check and money order.
What if I’m not satisfied with my purchase?
Before they ship their product, they make sure that they can replace every item if it’s faulty. If people are not satisfied with the product, they will get a refund or a replacement. People can also get in touch with their customer care team to discuss their concerns.
