Homes were a major issue for Ryan Fant and Nadeem Hussain. The annual expense of heating and cooling is high. For just heating and cooling, families spend about $2,000. The goal of Ryan and Nadeem was to assist others in saving money. Keen Home WiFi vents are a new device that they developed. A smartphone might be used to regulate these vents. This implied that humans could control the airflow in any space.
It enabled them to make better use of energy. On Shark Tank Ryan and Nadeem presented their proposal. They want $750,000 in exchange for 10% of their business. The sharks paid close attention. The business owners discussed the product’s specifics. They also gave an explanation of why they thought the $7.5 million valuation was justified. Will the entrepreneur get a deal on Shark Tank? Check out the Keen Home update to find out!
Keen Home Net Worth Shark Tank Update 2025
Nikhil Arora and Ryan Fant went on Shark Tank asking for $750,000 for 10% of their company. This meant they thought their business was worth $7,500,000. They made a deal with Robert Herjavec for $750,000 for 13%, lowering the valuation to $5,769,231. The episode was aired on February 20, 2015. The smart vent company later merged with EcoVent in 2019 and continues to operate under the Keen Home brand. Using the default 10% yearly growth method, the current net worth of Keen Home is estimated to be around $15–18 million in 2025.
The success of Keen Home followed Shark Tank. The firm merged with another company in 2019. The name of such a business is Ecovent. They kept working on smart home solutions together. Keen Home WiFi vents continued to be sold by the merged company. They are still accessible now. The company’s annual revenue is around $3 million.
The vents are available for purchase online. To place orders and find out more they may go to the Keen Home website. The firm expanded and gained new clients as a result of the merger. This demonstrates that Keen Home is still operating. It has developed more over time.
It’s true that Keen Home secured a Shark Tank deal. Ryan and Nadeem made a pitch to the sharks about their goods. They want $750,000 in exchange for 10% ownership. The sharks talked about the company. The product piqued Robert Herjavec’s curiosity. He offered $750,000 in exchange for 20% ownership. Nadeem and Ryan bargained. They offered something in return.
Robert agreed to provide $750,000 for a 13% stake. Nadeem and Ryan agreed to the terms. This was a fantastic Shark Tank moment for Keen Home.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Robert Herjavec | $750,000 for 20% equity | $750,000 for 13% equity | Yes |
| Lori Greiner | $750,000 a loan for 10% equity | N/A | N/A |
| Kevin O’Leary | #1 $750,000 for 25% equity #2 $750,000 ad loan for 10% equity | N/A | N/A |
| Daymond John | #1 $750,000 for 25% equity #2 $750,000 for 20% equity + Manufacturing Rights | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Keen Home Shark Tank pitch
Nadeem Hussain and Ryan Fant have a mission. Their goal was to make houses more intelligent. They found that families were spending a lot of money on heating and cooling. They recognized that this issue might be resolved with the use of airflow management. They made the decision to develop a device that would enable homeowners to regulate the airflow in their houses.
A clever WiFi vent was their concept. A smartphone might be used to control it. People found it simple to modify the airflow between rooms as a result. Their love of technology and creativity inspired the concept.
It was difficult for Ryan and Nadeem to launch a new company. The product needed to be developed. Time and effort were required for this. The vents also needed to be tested to ensure proper operation. Finding the funds to launch the company was another difficulty. Funds have to be raised in order to produce and sell the goods. Ryan and Nadeem put a lot of effort into overcoming these obstacles.
They remained committed to their objective. Their efforts were rewarded. Keen Home WiFi vents were introduced. Customers gave the product favorable reviews. When Ryan and Nadeem presented their proposal to the Shark Tank sharks, they were thrilled. Their goal was to advance their company’s operations.
Nadeem Hussain and Ryan Fant entered the Shark Tank with assurance. They were prepared to introduce WiFi vents from Keen Home. They began by outlining the issue. Heating and cooling cost families a lot of money. According to Ryan and Nadeem, their solution might lower these expenses by 10%. They unveiled their intelligent vents. A smartphone might be used to regulate these vents.
People found it simple to control the airflow in various spaces as a result. They demonstrated the operation of the vent to the sharks. It was easy to install. The vents were built up in a matter of minutes. The business owners clarified that each vent brought in $80. Every room in the majority of homes would require a vent.
Customers might now purchase several vents for their houses as a result.
Amazing information was revealed by Ryan and Nadeem. More than 30,000 units have already been pre-sold to Lowe’s. This demonstrated the potential of their product. The business owners want $750,000 in exchange for 10% ownership. They estimated the value of their business at $7.5 million. The sharks paid close attention to what they had to say. Ryan and Nadeem wanted to persuade the sharks to put money into their company.
Keen Home WiFi vents were the subject of several queries from the sharks. They were interested in learning more about the company and the product. The first person to speak was Mark Cuban. He enquired as to the company’s $7.5 million valuation. Nadeem and Ryan gave an explanation of their appraisal. They claimed to have pre-sold Lowe’s more than 30,000 copies already. They also said that the price of each vent was $80. The sharks were impressed by this knowledge.
Kevin O’Leary wanted to know how much the vents would cost. According to Ryan and Nadeem, the cost of production was affordable. They were able to turn a profit on each product as a result. Kevin was also curious about the vents’ internet connection. The business owners clarified that WiFi was utilized by the vents. Customers might use a smartphone app to operate them.
The intended audience is worried about Lori Greiner. She inquired as to how many individuals would find the goods appealing. According to Ryan and Nadeem, all residences might benefit from the vents. According to them, the majority of households wished to reduce their heating and cooling costs.
Rob Herjavec enquired about the contest. He wanted to know if the market had any comparable items. Nadeem and Ryan claimed that their product was special. They clarified that no other business provided the same advantages.
The sharks talked among themselves about the product. They discussed the possible difficulties. They took the advantages into account as well. All of their inquiries were addressed by Ryan and Nadeem. They made an effort to convince the sharks that their goods were a wise purchase.
The sharks’ reactions to Keen Home WiFi vents were not uniform. The first person to go was Mark Cuban. The product he thought was too specialized. He didn’t believe a big market would find it appealing. Lori Greiner left as well. She concurred with Mark. It was not a product for everyone, she remarked.
An offer was made by Kevin O’Leary. In exchange for 25% stock, he offered $750,000. The identical offer was made by Daymond John. He also desired the liberty to manufacture. Nadeem and Ryan declined these offers. Their goal was to bargain for better conditions.
The product piqued Robert Herjavec’s curiosity. He made a $750,000 bid with 20% equity. Nadeem and Ryan counter-offered. Robert was urged to reduce the equity to 13%. Robert agreed after considerable debate. The final deal was $750,000 for 13% equity. Ryan and Nadeem accepted the offer. They were happy to partner with Robert. This marked a big moment for Keen Home on Shark Tank.
What Went Wrong With Keen Home On Shark Tank?
There were no significant problems for Keen Home on Shark Tank. However, some sharks failed to realize the product’s potential. According to Mark Cuban, the product was overly specialized. He thought just a select few clients would find it appealing. Lori Greiner shared these worries. She believed that not everyone would benefit from the product. They chose not to invest for these reasons.
Daymond John and Kevin O’Leary made bids. However, their conditions were unfavorable. Neither Ryan nor Nadeem wanted to cede a quarter of their stock. They also had no intention of surrendering their production rights. They had to turn down Kevin and Daymond’s offers as a result. Better terms were given by Robert Herjavec. He consented to put up $750,000 for a 13% stake. This agreement was accepted by Ryan and Nadeem.
Product Availability
There are still Keen Home WiFi vents available. They are available for purchase online. The Keen Home website sells the vents. Their purpose is to assist households in reducing their heating and cooling expenses. The cost of each vent is $80. Customers may quickly install the vents. The product works well and is easy to use.
It enables users to use a smartphone to regulate the airflow in their houses. This facilitates energy management. Keen Home is still providing cutting-edge smart home solutions. The business continues to assist consumers in conserving energy and money.
Conclusion
Keen Home’s journey on Shark Tank was a success. Ryan Fant and Nadeem Hussain pitched their product with confidence. They answered the sharks’ questions and negotiated for a deal. They partnered with Robert Herjavec. This helped them grow their business. Today, Keen Home is still in business. The company has merged with Ecovent. It continues to offer smart home solutions.
Keen Home WiFi vents are still available. They are helping families save money and energy. This shows that a good idea can succeed with hard work and determination.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
