Reviver Clothing Swipes: What Happened To Reviver After Shark Tank Pitch?

reviver clothing swipes

What Are Reviver Clothing Swipes?

With only a few swipes, Reviver Clothing Swipes eliminates smells from clothing and hair. The wipes are reusable up to ten times and use cutting-edge technology to refresh you from head to toe with odor-eliminating chemicals.

The company’s creator, Ben Kusin, came up with the concept while working as the Head of New Media and Strategic Alliances at Vivendi Games. He formerly worked as a marketing executive at Electronic Arts.

After securing significant investment from his father Gary to fund the four-year development process, Ben ultimately created the Reviver Clothing Swipes company in 2011. The Reviver company makes refreshing garment wipes that might help to eliminate odors.

When Ben recruited his younger brother Eric as president and chief operating officer, he kept the company in the family. Eric used to work at Neiman Marcus as a buyer.

More Details About Reviver:

Company Name Reviver
Entrepreneur Ben Kusins & Eric Kusins
Product / Business Dry wipes that eliminate odors
Investment Asking For $150,000 for 5% equity in Reviver
Final Deal $150,000 for 15% equity in Reviver
Shark Lori Greiner
Episode  Season 6 Episode 4
Business Status In Business

Reviver Clothing Swipes Founder:

reviver clothing swipes After working as a marketing executive for EA, Ben Kusin, the company’s creator, came up with the idea while working as the Head of New Media and Strategic Alliances at Vivendi Games.

Ben finally founded the Reviver Garment Swipes company in 2012, which offers rejuvenating clothing wipes that may remove odors. When Ben hired his younger brother Eric, a longtime buyer at Neiman Marcus, as president and chief operations officer, he kept the company in the family.

He observed gum and mints while walking to the convenience store. That’s when he came up with the brilliant notion of making a breath mint for his wardrobe. He made sure that the first Reviver Clothing Swipes packets were offered at 7-11 shops in his hometown of Dallas in January 2013 when the firm began.

Related Post: Bear Minimum on ‘Shark Tank’: Amazing product of the Camping Cook Pots!!

Reviver Clothing Swipes may also be found at Caesars Entertainment properties in Las Vegas, Atlantic City, and Reno. Soon after the firm was founded, Eric joined him, as did their father, Gary, who has a background in entrepreneurship and venture capital.

There is currently nothing on the market that compares to Reviver Clothing Swipes, and Ben has a patent-pending. While the product has yet to be tested, it has a lot of potential because most clothing fresheners are sprays.

Reviver Clothing Swipes are currently available at Walgreens shops across the US, with a pet version available at Petco. They’re also available on Amazon.

At the Shark Tank Pitch, What Happened to Reviver Clothing Swipes?

In episode 4 of Season 6 of Reviver Clothing Swipes on Shark Tank, Kusins is searching for Shark Tank investors to help them grow goods and retail relationships. Ben and Eric go into the presentation looking for $150,000 in exchange for a 5% ownership in their $3 million firms. They tell their stories before displaying their swipes.

Lori Greiner is called upon to pull out a gown that has been “marinating” in burgers and fries. Lori is a firm believer. While the lads hand out samples, Ben tells them about his “AHA Moment.” They claim their father handed them $2 million and that in a year they produced $500,000 in sales.

They also indicated that in the following 12 months, they plan to make $4 million. Kevin O’Leary disputes the $3 million valuations, and they learn more about his father’s background.

A meeting with Walmart is also planned for August, according to them. Although Mark Cuban dislikes the term “technology,” he thinks Reviver is a fantastic product. This does not stop him from leaving the house.

Kevin O’Leary is leaving because he doesn’t think sales are high enough. According to Barbara Corcoran, she will not invest in “privileged child companies.” Robert Herjavec believes Barbara Corcoran’s method is inappropriate.

reviver clothing swipes

Lori Greiner claimed that this product made her think of “Cha-Ching a Ling a Ding Dong,” and she is willing to pay $150,000 for a 15% share in the company.

Robert Herjavec offers Ben and Eric $150,000 in exchange for a 10% interest in the company. Lori Greiner expresses her want to appear on QVC and offers her contacts.

Lori Cha Chings her way onto the stage, finally departing the pitch with a contract, and Ben says he’ll do Lori Greiner’s offer.

After Shark Tank, What Happened to Reviver Clothing Swipes?

After episode 4 of season 6 of Reviver Clothing Swipes on Shark Tank, Ben and Eric got a deal. Lori’s agreement was fulfilled, and the Kusin brothers sold their wipes many times on QVC. After the event, the Kusin brothers shrugged off the rich kids’ comments, which sparked a lot of controversies.

Related Post: Final Straw Shark Tank: This Reusable Straw Company Went From Zero to $5 Million in Less Than a Year| Check here to know How?

The brothers invested in Malibu Poke, a Dallas restaurant, in April of 2017. A year or two later, a second location in Austin opened. Poke is a type of Hawaiian food that is best described as “deconstructed sushi.” VENN, a “live 24/7 network for gaming, streaming, e-sports, and entertain audiences,” was created by the guys in 2019.

In November 2021, the Reviver Clothing Swipes sector is prospering, with yearly revenue of $5 million.

Reviver Clothing Swipes’s Net Worth:

During the pitch, the company was valued at $3 million; following Lori Greiner’s investment, the company was valued at $1 million. Since then, sales have been strong, with annual revenue of $5 million expected in 2021. This indicates that the firm’s net value has increased.

Total
0
Shares
Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts