Jennifer and Patrick Coddou had a purpose when they arrived on Shark Tank. They urged consumers to use traditional straight razors instead of multi-blade ones. In Season 11 they made a pitch for their business that is Supply Razor. They discussed the health benefits of straight razors. Multi-blade razors are reported to irritate skin and generate breakouts.
The pair requested $300,000 in exchange for a 10% stake in their company. Their product made an impression on the Sharks. The Sharks were made aware of Patrick and Jennifer’s plans about Supply Razor. They revealed that millions had already been made by the company. They also demonstrated the differences in their razor. Will the entrepreneur get a deal on Shark Tank? Check out the Supply update to find out!
supply Net Worth Shark Tank Update 2025
Patrick and Jennifer Coddou asked for a $300k investment in exchange for 10% equity in their company. This meant they valued their company at $3 million. They made a deal with Robert Herjavec for $300k in exchange for 15% of their company. This new deal valued their company at $2 million. After the show aired, Supply Razor saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Supply Razor is about $2.93 million.
Razor experienced tremendous success during their Shark Tank Supply visit. Their company expanded rapidly. They brought in $12 million in 2021. From their starting point, that is a significant leap. Their product was adored by many customers. In 2022 they were also successful in selling their business. In September 2022 Foundry Brands acquired Supply Razor. The agreement’s conditions were not disclosed.
However, Supply Razor has obviously changed much since the start. Supply Razor is still operating as of 2024. They still provide quality shaving supplies for sale. They provide a variety of shaving kits and tools and their website is active. Their razor has also been upgraded. Supply Razor is a fantastic example of how a company may expand after appearing on Shark Tank.
On Shark Tank, Supply Razor did indeed land a deal. Jennifer and Patrick requested $300,000 in return for 10% of the company. Their goal was to expand their clientele and build their business. The Shark who struck a deal with them was Robert Herjavec.
He made a $300,000 offer but requested 15% equity rather than 10%.
His proposition was accepted by Jennifer and Patrick. They were aware of how beneficial Robert’s assistance would be to their company. Supply Razor was able to expand and succeed thanks to Robert’s financing.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Daniel Lubetzky (Guest Shark) | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | $300,000 for 5% equity plus $1.50 per unit royalty | N/A | N/A |
| Robert Herjavec | $300,000 for 15% equity | N/A | Yes |
| Mark Cuban | Out | N/A | N/A |
Supply Shark Tank pitch
Supply Razor was founded by Patrick and Jennifer Coddou in order to address a problem. They observed that skin problems like burns and razor pimples were being caused by multi-blade razors. Patrick was no stranger to these issues. He was aware that a better approach must exist. He drew inspiration from the past. Prior to the 1970s males shaved with straight razors.
Patrick believed that many individuals could benefit from the return of this traditional item. He and Jennifer co-founded Supply Razor. However, launching a business is never simple. In the beginning, Patrick and Jennifer faced many challenges. To differentiate their goods they had to put in a lot of effort. In order to expand their firm they also required funding. But their hard work paid off when they got the chance to pitch their idea on Shark Tank.
Patrick and Jennifer were confident when they made their Shark Tank pitch. They described the differences between their razor and others. Their straight razor does not irritate the skin like multi-blade razors do. It was designed to provide a burn-free, bump-free, and smooth shave. Additionally, they demonstrated how their sales for that year had already reached $2.5 million.
Patrick and Jennifer requested $300,000 in exchange for a 10% stake in their business. They informed the Sharks that they intended to expand their company with the funds. They thought their product could change shaving. The Sharks were pleased by their powerful presentation.
Regarding Supply Razor the Sharks had a lot of questions. Why straight razors were superior to multi-blade razors was the question they sought to answer. Straight razors cause less skin friction, according to Patrick and Jennifer. This results in fewer bumps and a smoother shave. They also discussed the components of their razors. The Sharks wanted to know how good the razor was and how much it cost.
According to Patrick and Jennifer, their product was long-lasting and built from high-quality components. The company’s sales figures grabbed the Sharks’ curiosity. They were curious about the company’s profits. According to Patrick and Jennifer, Supply Razor was expected to make $2.5 million by the year’s end.
Not every Shark was prepared to negotiate. The first Shark to announce her departure was Lori Greiner. She claimed that she was not a good fit for the product. Visitor Shark Daniel Lubetzky did not to make an offer. He claimed that he was unsure of how he could benefit the business. Mark Cuban did not want to advocate for a straight razor because he preferred multi-blade razors.
The initial offer was made by Kevin O’Leary. He requested a royalty of $1.50 per unit sold in addition to $300,000 for 5% equity. Jennifer and Patrick considered it. Robert Herjavec then offered. In exchange for 15% stock and no royalties, he promised $300,000. Patrick and Jennifer agreed with Robert’s offer after giving it some consideration.
What Went Wrong With Supply On Shark Tank?
Not every Shark was interested in the death that Patrick and Jennifer struck with Robert Herjavec. According to Lori Greiner, the product did not suit her well. She believed she was unable to contribute much to the company. For the same reason, Daniel Lubetzky declined the agreement. He failed to see how he could contribute to the company’s expansion. Mark Cuban enjoyed using multi-blade razors so he was uninterested.
He didn’t want to endorse a product that he didn’t use himself. Kevin O’Leary offered but there was a royalty attached to the arrangement. Royalties on their goods did not appeal to Patrick and Jennifer. They decided to accept Robert’s offer instead. Ultimately they left with an agreement that worked for them.
Product Availability
The Supply Razor can be bought online. They provide a range of shaving supplies such as razor stands, shaving kits, and after-shave items. Their razors are made to shave cleanly and smoothly without irritating the skin. The ability to customize Supply Razor is one of its special qualities. The website offers a questionnaire for customers to determine which razor is ideal for their needs and skin type.
There is also a 100-day guarantee offered by Supply Razor. Customers can return items for a complete refund if they’re unhappy with their purchases. This demonstrates Supply Razor’s faith in the quality of their offering. Their items are available on their website as well as in barbershops and gift shops worldwide.
Conclusion
On Shark Tank, Supply Razor had a prosperous experience. Jennifer and Patrick arrived with an excellent answer and a well-defined problem. Their goal was to improve the shaving experience for consumers. Robert Herjavec helped them expand their firm when they struck a deal with him. Supply Razor has flourished since making its appearance on the show. In 2022 they were even sold to Foundry Brands after achieving $12 million in sales.
Supply Razor has a loyal base of customers and provides premium shaving products. Their story demonstrates how, with patience and the correct assistance a small business can expand. As Supply Razor continues to grow it will be interesting to watch what happens next. Watch them for more news in the future.
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.
