Poop Timer Shark Tank Update 2022: What Happened to The Toilet Timer After Shark Tank Deal?

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What Is Katamco Toilet Timer?

In the Greater Bloomington, Illinois creative industry, Katamco Toilet Timer is a one-of-a-kind brand. This is a one-of-a-kind toilet timer that makes a “poo-castigator” sound to make folks feel like they’re wasting their time.

Adam Stephey is the sole owner of Katamco, a limited liability corporation he formed. He admits that he’s been a creator and designer since he was a youngster when he was playing with Legos.

Adam used to help his grandfather build furniture when he was in his teens. Adam is also a self-taught 3D drafter. This was the beginning of his career as a designer. Adam, Katie, and their three children all reside in the same house. And he’s still coming up with new goods for his website to sell.

Who Is the Founder of Katamco Toilet Timer?

Adam Stephey is the sole owner of Katamco, a limited liability corporation he formed. He admits that he’s been a creator and designer since he was a youngster when he was playing with Legos.

Adam is a serial entrepreneur, innovator, and tinker. He began studying 3D drawing as a child by assisting his grandfather in the construction of furniture. He’s made an app for recovering alcoholics, video game console cleaning tools, and now The Toilet Timer.

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Katie came up with the idea after warning Adam that he was spending too much time on the phone and not paying attention to the pot. Adam designed a five-minute sand timer to limit restroom time. The first prototype was made with a 3D printer.

The timer works like an hourglass sand timer, however, the sand at the top represents a man’s abdomen and the sand at the bottom represents a toilet. There is also a feminine version. He chose to create and promote the product after considerable thought. He started the firm in July 2017 with a successful Kickstarter campaign that raised $23,868.

When Dad Goes Poo, a collection of “poems to delight poo-castigators” that is currently available on Amazon, they failed to fund a year later. Each timer costs $14.99, while the book costs $19.99. This is the first product from his “parent company,” Katamco. Given Adam’s 3D printing ability, he is likely to produce more products in the future.

At the Shark Tank Pitch, What Happened to Katamco Toilet Timer?

In order to make their firm grow, Adam and his wife decided to present their innovation to Shark Tank investors. Katie enters the Tank and notifies Andy that he is using his phone in the restroom. It’s been forty minutes, she claims.

He takes a step forward and reveals the Toilet Timer. They were searching for $200,000 in exchange for a ten percent ownership in their $2 million firms. The Sharks are smirking as they watch the game. It’s a good joke gift, according to Andy. They have a video of a gastroenterologist discussing the harmful health consequences of going to the restroom for a long time.

During the 2019 Christmas season, they generated $250,000 in sales. Each item is priced at $14.95 and costs less than $3. The vast bulk of sales is made on Amazon. If he doesn’t get a contract, he expects to spend $1 million in 2020 since he only has the money to buy that many items.

He plans to invest $70,000 on a higher-volume manufacturing line and the rest in inventories. Lori cautions against making a financial contribution to the factory. Lori thinks they’re great and thinks a lot of people would purchase them, but she can’t make them sell; she’s out.

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Kevin has chosen to back out of the contract since he feels $200,000 is too much for these goods. Daymond is happy, but it does not resonate with him; he is ejected. It appeals to Mark. He makes Andy an offer of $200,000 for 20% interest in the company, which he instantly accepts, and the two walk away from the presentation with a contract.

After Shark Tank, What Happened to Katamco Toilet Timer?

Despite Adam and Katie’s celebrations during the pitch, the contract with Mark never came to fruition, and they sold over 5000 copies a week after the scheduled event. Katamco’s Toilet Timer is still operational and has a valid website.

They have a variety of humorous designs to choose from, all with a sand counter. They also sell add-ons like a children’s book and greeting cards, which are generally included in a gift package. The Toilet Timer is available on Amazon, and its creator, Adam Stephey, is still with the company. As of November 2021, they had about $1 million in sales for the year.

Katamco Toilet Timer’s Net Worth:

During the pitch, the company was valued at $2 million; by 2022, it will be worth $650,000.

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