Repaint Studios Shark Tank Update – Shark Tank Season 17

Imagine you are doing a DIY painting at home. Meanwhile, you need to go to work immediately and right after you come back. Your paintbrush is dry within the paint tray. What if you could have a reliable and reusable option for it? Here comes the ‘Repaint Tray.’ It is a Repaint Tray which is made up of premium quality Silicon plates covered with a plastic custom covering that covers your paint and it helps you to reuse your paint tray once again.

Billie Asmus is the founder of the Paint Tray. She founded this business with the help of her husband a few years ago. She came to the Shark Tank seeking an investment of $250,000 for 5%. Surprisingly, she got four sharks. But she secured a combined deal for $250k for 15% with Chip and Joanna Gaines, with Barbara as a combined partners. For her investment of $250k for 5%, Billie Asmus was seeking an evaluation of $5 Million overall net worth.

Here’s what happened to the company ‘Repaint Tray’ after Shark Tank and how much it’s worth today.

Did Repaint Studios Get a Deal on Shark Tank?

Yes! Repaint Tray secured a combined deal with Chip and Joanna Gaines, with Barbara as a combined partners for $250k for 15%. This was an amazing deal. Her business idea was so clicky. Both the Sharks were very much impressed. At first, she got a deal from Kevin for 20% equity. But later Barbara offered for 15%. Bus Billie insisted Chip and Joanna come along. So, they all ended up with this deal for $250k for 15% as equity in her company.

Repaint Studios Shark Tank Deal Table

Sharks name	Offer and Demand	Accepted?
Kevin O’Leary	$250k for 20%	N/A
Barbara Corcoran & Chip and Joanna Gaines	$250k for 15% equity as combined partners.	Yes
Lori Greiner	Out	N/A
Daniel Lubetzky	Out	N/A

Repaint Studios Net Worth

Billie Asmus went on Shark Tank asking for $250,000 for 5% of her company. This meant she valued Repaint Tray at about $5 million. She made a deal with Barbara Corcoran, Chip Gaines, and Joanna Gaines for $250,000 in exchange for 15% of the company. After the episode aired, Repaint Tray saw a big increase in website traffic, sales, and social media exposure. With continued business growth each year and rising sales online and in stores, Repaint Tray’s current net worth in 2026 is around $8 million.

Founders’ Backstory

Billie Asmus is the founder of the ‘Repaint Tray.’ She is a married woman and an entrepreneur. She came up with this idea a few years back when she was painting her house by herself. She was facing a major problem with the paint trying to dry, along with the paint brush as soon as it was kept open.

So, she came up with an idea that she needs to create a paint tray that doesn’t dry out. So, she founded the Repaint Tray. She came to the shark tank seeking an investment of $250k for 5% of equity in her company. Surprisingly, she received offers from the Sharks. But after some rounds of negotiations and discussions, she locked a deal with Barbara, along with Chip and Joanna Gaines as combined partners for an investment of $250k for 15% of equity in their company.

Repaint Studios Shark Tank Pitch

The Repaint Tray Shark Tank Pitch began as Billie Asmus entered the room. She came up with a positive and vibrant energy as she entered the hall. She introduced herself as well as her product. She then asked for an investment of $250k for 5% of equity in her company. In this way, she thought that her total net worth would be $5Millions overall. But after some negotiations and getting a deal of $250k for 15% of equity, her evaluation dropped to $1,666,666.6666 in overall net worth.

Shark Questions & Discussion

Kevin O’Leary: 

Kevin O’Leary asked about the pricing of the product. Billie Asmus gently replied that she sold it for $39.95 per piece which includes a proper kit.

Lori Greiner: 

Lori Greiner asked about the business model. Billie Asmus gently replied that she sells it online, on retail stores as well as on customer acquisitions as well.

Chip and Joanna Gaines:

 Chip and Joanna Gaines asked about the reason behind asking for this investment. Billie Asmus gently replied that she want it to grow her inventory and distributions.

Barbara Corcoran:

Barbara Corcoran asked about the marketing strategy of the company. Billie Asmus gently replied that they sell it through the ads and customer experience-based marketing.

Sharks’ Reactions and Negotiations

Kevin O’Leary: 

Kevin O’Leary seemed to be quite interested in the offer. He offered her $250k for 20% of equity in her company. The equity was quite high. So, they couldn’t make a deal.

Lori Greiner: 

Lori Greiner was very delighted by the presentation and business model. But after getting all of the answers to her questions, she politely rejected the offer.

Chip and Joanna Gaines:

Chip and Joanna Gaines were very impressed by it. But they couldn’t understand the ecosystem of the business. So, they agreed to be partners with Barbara for a combined offer of $250k for 15% and got accepted.

Barbara Corcoran:

Barbara Corcoran was very happy to see the presentation. She made an offer of $250k for 15% of the combined equity with Chip and Joanna Gaines. Their deal was secured.

Why Some Sharks Said No

Kevin O’Leary:  

At first, Kevin O’Leary offered her an investment of $250k for 20% of equity. But this was way too high for Billie Asmus to accept. So, that’s why he said no.

Lori Greiner: 

Lori Greiner was happy to see her doing the work she was doing. But it didn’t work for her at all. So, she said no.

Repaint Studios Update 2026

Repaint Studios is still selling its reusable paint tray and accessories in 2026. The company now ships internationally and remains popular with DIY painters and home improvement users. Since appearing on Shark Tank, Repaint Studios has expanded into big retail stores like Ace Hardware and Lowe’s, introduced bundle sets, replacement liners, and branded merchandise, and sold over 20,000 units. The business runs a warehouse with a small team, plans future eco-friendly product lines, and continues growing.

Product Features & Availability

Repaint Tray is a premium quality, custom-built plate made up of Silicon and other non-stick materials as well. It also comes with a covering lid that prevents the paint from drying.

Repair Tray is available on their website, in retail stores and in small retail shops as well. It is also available on their Instagram page for more updates.

What Happened to the Repaint Studios After Shark Tank?

Luckily, the Repaint Tray secured a deal on the Shark Tank. Moreover, it also got three sharks at it’s backed, so this factor helped them a lot. As the show aired, the Repaint Tray got a lot of orders and got a bullish surge in their sales. They also began earning more and more.

Conclusion

So, the Repaint Tray secured a deal on Shark Tank. Billie Asmus is the founder of the Repaint Tray. She founded this company on her own. She came up with this idea a few years ago and did excellent business. She came to the Shark Tank seeking an investment of $250k for 5% of equity in her company. Surprisingly, she got four offers from Shark Tank. She then agreed to a combined deal with Barbara and Chip & Joanna Gaines for an investment of $250k for 15% equity in her company. They closed the deal. Currently, her company is earning an excellent margin from sales.