Funkk Off Shark Tank Update – Net Worth, Pitch & Deal

In this thrilling episode of Shark Tank, Joelle and Sonia appeared on the show and brought their awesome product. FunkkOff is a company that makes innovative teeth refreshers that can enhance the beauty of your smile by making it brighter. It is convenient to have a single tool, toothpaste, and toothbrush in one unit.

The founders joined the show in Season 14, Episode 14, and presented their business model to investors. The sharks involved were Lori Greiner, Mark Cuban, Robert Herjavec, Kevin O’Leary, and Emma Grede. Let’s see if the product can impress the sharks. Did the company manage to close a deal? If you want to discover what happened, dive into the article, and you can enjoy the whole episode! So gear up!

Funkk Off Net Worth

FunkkOff has a net worth of approximately $5 million. That is amazing. But the amount of money they make each year is not being shared now.

What happened to Funkk Off after Shark Tank?

The company is still open for business and doing well. There don’t seem to have been many changes since they were on Shark Tank. On their website, you can get one of their cool TeethRefreshers in cool colors like white, blue, and black. They sell them by the pair for $39 or by the single for $22. Also, guess what? The item gets 5 out of 5 stars from most of the reviews on their website. That’s great input right there.

Did Funkk Off get a deal on Shark Tank?

Yes, FunkkOff was successful in securing a deal with Robert Herjavec. He offered $250,000 for a 12% stake, and the entrepreneurs accepted it. That’s how the company remained successful in closing a deal.

Shark(s) nameOfferDemandCounterofferAccepted?
Emme GredeOutN/AN/AN/A
Lori GreinerOutN/AN/AN/A
Kevin O’LearyOutN/AN/AN/A
Robert Herjavec$250,00012% equityN/AYes
Mark CubanOutN/AN/AN/A

FunkkOff Shark Tank Update

funkk off net worth

Joelle and Sonia went on Shark Tank To ask for $250,000 in exchange for 5% of their business. As Joelle said, we’ve had food get stuck in our teeth a few times and not even know it. When no one tells you, it’s the worst, right? They made their great product called FunkOff because of this. They help you get rid of that bad breath quickly and quietly, which is great for when you’re in a hurry. Afterward, each business owner talked about how they decided to start their own business.

Founders and Backstory

The inspiring two people behind the great portable tooth cleaner FunkkOff are Joelle Flynn and Sonia Hounsell. Joelle was the youngest stock buyer when she worked at Bank of America. She knows about new businesses. Sonia was good at branding and marketing. She’s worked with many companies, including McKinney, and has done great work.

In 2019, Joelle went to a fancy wine tasting in Napa Valley, which was the start of their trip. She did have her beloved toothbrush and toothpaste with her, though, so she could clean her teeth after each visit to the vineyard. But when she took her lipstick case out of her bag, it hit her like a light bulb. She thought of a small toothbrush that would be easy to carry in her purse.

Joelle made her first version right away when she got home. She used a Chapstick tube and the head of her electric toothbrush. Not wasting any time, she quickly called her best friend Sonia for help. They started this exciting trip together, making an unstoppable team. That’s how FunkkOff came to be.

Pitch and Deal

what happened to funkk off after shark tank

The company’s co-founders entered the  Shark Tank for their product, FunkkOff. During their pitch, Joelle showed everyone how to use Funk, and Sonia pointed out the mirror on the bottom of the product. FunkkOff is about always having clean, fresh teeth; they have eight patents to protect their idea.

Since then, they have worked very hard. The product can be bought on their website, on Amazon, and in over 50 shops in 20 states. It’s even sold in dentist offices, medical spas, hotel gift shops, and more. The total amount of money they’ve raised is $675k. Joelle and Sonia put in $325k of their own money to get things started.

Then sharks asked about the sales. The founders told them that FunkkOff has been out since July of last year and has sold $82,000 worth of it. However, they haven’t made any money from that yet. They’ve lost $130k. Why did they go to the Sharks? To get money to grow their business and goods. They have $50,000 in cash in the bank right now. Funk costs $22 to buy, so after the costs of making it, they have a 67% profit margin, which is pretty impressive.

Emma Grede quit because she didn’t think it was a good fit for them. The reason Lori Greiner and Kevin O’Leary stopped was because sales were slow. Joelle and Sonia aren’t letting up, even though things are hard. Finally, Robert was the only one who wanted to make a bet. He offered $250,000 in exchange for 12% of the company, which the founders gladly accepted. The business was able to make a deal with Robert Herjavec.

Funkk Off Availability

FunkOff is the first toothbrush you can take with you. Its small size makes it easy to carry around in a purse. This product contains Natural Peppermint & Vanilla Tooth Gel that is Fluoride-Free, SLS-Free, Vegan, Gluten-Free, and BPA-Free. The brushes can be used similarly to lipstick or a lip balm retractable tube.

This makes them great for people who move a lot. It removes coffee and other drink marks and helps remove food stuck in your teeth all day when you use a FunkOFF! Don’t worry about tooth decay anymore if you have been cutting back on veggies.

As for product availability, buyers can buy them on Amazon and the company’s website. You can easily place an order that includes those items if you want to buy them. You have the freedom to pick between a single TeethRefresher or a pair. Just go to their website and follow the steps to place your payment. A FunkOFF teeth refresher costs at least $22. You can use each booster up to 30 times. You can buy toothpaste separately for $9 and replace your refresher.

Conclusion

FunkkOff had an impactful journey on the Shark Tank. The product’s innovative features grabbed the sharks’ attention, and they appreciated the business idea. The company was successful in making a deal with Robert. Investors and entrepreneurs have their sights set on growing their businesses. With this partnership, they aim to expand their reach, attract more customers, and achieve even greater success.

Thanks for Sharing 😉

Leave a Comment