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FurZapper Net Worth |
$4 million |
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Company Name |
FurZapper |
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Nationality |
American |
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Founder |
Michael Sweigart |
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Gender |
Male |
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Profession |
Entrepreneur |
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Age |
No Info |
|
Marital Status |
No Info |
FurZapper is a device made of silicon that removes pet hair from your clothes in a washing machine or a dryer. This small device has a paw-shaped hole inside it that attracts all fur and hair from clothes during laundry, leaving you with fur and hair-clean clothes.
FurZapper is a patent-pending tool that is reusable, and super easy and efficient to use. It is an excellent, one-of-a-kind solution for many pet owners across the United States of America who are constantly troubled by the animal hair on their clothes during laundry.
FurZapper Net Worth, FurZapper Shark Tank Deal and everything needed to know are detailed in this content.
FurZapper Net Worth
The estimate of FurZapper net worth is reported to be around $4 million.
FurZapper Founder
The founder of FurZapper is Michael Sweigart. He founded this business in 2016 when he invented this product. Before starting this business, he had spent a major part of his life handling web marketing and Search Engine Optimization for various auto dealerships.
After graduating from Rutgers University with a degree in psychology, Michael Sweigart also worked in business development, marketing, and sales in various other businesses and companies.
Michael Sweigart, an owner of a cat and two dogs, would get annoyed very often due to animal hair coming out of his clothes during laundry. Neither the washing and drying machines could remove this hair, nor any other suitable product was available.
When a silicon zombie dropped to the floor and animal hair began entangling in the silicon, Michael Sweigart thought to put a silicon mask in the washing machine next time to see if all the animal hair is attracted to the silicon and removed from the clothes or not.
When the outcome was positive, Michael Sweigart started developing FurZapper, which had amazing success and exceptional expansion shortly after the firm was founded.
FurZapper Shark Tank Deal
Michael Sweigart entered Shark Tank, seeking $600,000 in exchange for a 10% stake in the company. This showed that Michael valued his firm at $6 million. He was also looking for a Shark with great manufacturing expertise to assist him in the mass manufacturing and selling of the product.
Although the Sharks were a bit skeptical initially, they were impressed when Michael stated the number of sales made by the business. Michael Sweigart also showed how effective the product was by explaining how it worked.
Mark Cuban offered $600,000 in exchange for a 15% stake, which Lori Greiner also offered as she was determined to make a deal with Michael Sweigart. Lori also agreed to pay any additional line of credit in the future if the business needed it.
Michael Sweigart agreed to the deal with Lori Greiner, who was very pleased and excited. The FurZapper Shark Tank Deal came to life and marked an improvement in FurZapper Net Worth.
What Happened to FurZapper After Shark Tank Deal?
After the deal at Shark Tank with Lori Greiner, the sales of FurZapper increased healthily as customers bought FurZapper products from the official online website. FurZapper also became available on Amazon, where the products have amazingly positive reviews, with more than ten thousand 5-star reviews.