What Happened To The WISP After Shark Tank? - SharkTankBiz (2024)

The WISP is a broom and dustpan set that appeared on Season 10 of Shark Tank. It was designed to revolutionize the traditional cleaning method by offering a scientific, quicker, and simpler way to sweep.

The WISP broom features patented Bristle Seal Technology, which utilizes electrostatic energy to effectively attract and trap dirt and debris. The bristles are made from soft and stiff materials, allowing the broom to pick up large and small particles efficiently.

The telescoping handle can be adjusted to different lengths, accommodating people of various heights for comfortable use. Its easy one-handed push or pull motion is one of the key features of the WISP, making it convenient and effortless to operate.

The broom is lightweight yet durable, and its electrostatic polymer bristles provide superior cleaning performance. Additionally, the WISP has a holder that can be attached to a wall or door, ensuring convenient storage.

The WISP is an excellent choice for those who value cleanliness and efficiency. It offers a more effective and time-saving alternative to traditional brooms. Its Bristle Seal Technology acts like a magnet, trapping debris and cleaning your floors.

The dustpan’s unique design helps funnel dirt and debris into the pan more easily, preventing dust from slipping under it. The telescoping handle allows for personalized adjustment, ensuring comfortable sweeping without excessive bending or strain on the back and knees.

The WISP provides a modern and innovative approach to sweeping, simplifying the cleaning process, and enhancing the quality of life for individuals, families, and pet owners. Its positive reviews and continued success in the market attest to its effectiveness and user satisfaction.

What Is The WISP?

The WISP is a revolutionary cleaning tool that has transformed how people clean their homes. The WISP collection offers a variety of brooms, dustpans, and hand brooms for all cleanups – big or small.

The WISP effectively removes pet hair from any surface and fits in spaces where pet hair typically hides, making it a must-have for pet owners. WiSP brooms also feature patented technology that seals the bristles between the cleaned surface and the bristles so that debris is easily swept up without being spread around.

This makes the WISP especially ideal for people with allergies, as it prevents the spread of dust and other allergens. The WISP is also designed with ergonomics in mind, making it comfortable to use for extended periods.

With its versatile collection and efficient cleaning capabilities, the WISP is quickly becoming a household favorite for those looking for a more thorough yet gentle way to clean their homes.

Wisp has been viewed over 95 million times on YouTube and has become a popular cleaning solution for many homes. It saves time and energy by allowing users to clean with a one-handed pulling motion and easily attract and trap dust, allergens, and pet hair on any surface.

The electrostatic bristles utilize Bristle Seal® Technology to ensure a squeegee-like effect against floors and prevent pet hair, dust, and allergens from returning to the air. The WISP is safe on most surfaces, including carpets, upholstery, car seats, and outdoor spaces like greens and garages.

Customers rave about the versatility, effectiveness, and convenience it provides for quick cleanups. The WISP is made of ergonomic materials and is easy to use without causing back pain. Overall, the WISP is a game-changer in the cleaning industry, offering a practical solution for easy and effective cleaning.

Who Is the Founder Of The WISP?

The founder of The WISP is Eben Dobson III, who hails from San Diego. Eben, a passionate golfer, earned the nickname “WISP” from his friends. His journey to creating The WISP began when he invented a special hand brush with unique bristles to clean debris from golf greens.

After receiving approval for his innovative product, Eben founded WISP in 2012. Inspired by his life experiences, he felt the need to reinvent and modify the traditional broom and dustpan, making them more useful for every generation.

Before appearing on Shark Tank, The WISP had already gained recognition and attention. Eben’s invention had undergone refinement and development to ensure its effectiveness.

The product featured a patented bristle design utilizing electrostatic energy to attract and trap dirt and debris efficiently. WISP’s bristles combine soft and stiff materials to pick up small and large particles effectively.

The WISP also boasted a telescoping handle that could be adjusted to different lengths, catering to individuals of varying heights for comfortable use.

Eben’s vision for The WISP was to create a sweeping system that made the process easier and more effective and alleviated the strain on the back and knees often associated with traditional sweeping methods.

He aimed to improve people’s quality of life by incorporating innovative technology and thoughtful design. The WISP’s unique features and ability to simplify and improve the sweeping process garnered positive attention even before its appearance on Shark Tank.

The product had already gained a loyal customer base and received favorable reviews for its effectiveness and ease of use. This early success set the stage for The WISP’s introduction to a broader audience on the popular television show.

The WISP Shark Tank Recap

Eben Dobson came to Shark Tank seeking an investment of $500,000 for a 10% stake in the WISP, valuing the company at $5 million. He presented his innovative broom and dustpan set, highlighting its unique design and features, making it more efficient and effective than traditional cleaning tools.

The Sharks were initially impressed by The WISP and its sales figures, which had reached $3.3 million. However, their enthusiasm waned when they learned that the company had incurred a loss of $600,000 and had a debt of $2.1 million. This revelation raised concerns among the Sharks about the business’s financial viability.

Despite these setbacks, some of the Sharks showed interest in the product. Barbara Corcoran decided to opt out due to concerns about the lack of execution.

Blake Mycoskie liked the product and expressed his willingness to purchase it, but he did not want to invest in the company.

Kevin O’Leary offered $500,000 for a 50% stake in the business. Lori Greiner, known as the “Queen of QVC,” was also interested in joining the venture as a helper but did not want to invest any money.

However, a conflict arose when the founder, Eben, expressed his desire for Lori to be involved in the deal. This caused Kevin to withdraw his offer, leading to Eben leaving the tank without securing a deal.

Eben Dobson left the Shark Tank stage without any deal from the Sharks for his WISP broom.

Despite not securing a deal with the Sharks, the WISP founders did not let this setback discourage them. They continued to pursue their vision and explore other opportunities to grow their business.

The WISP After Appearing On Shark Tank

After appearing on Shark Tank, The WISP experienced successes and developments in its business. Lori Greiner’s offer to feature the product on her show, QVC, was a significant outcome. This exposure gave The WISP a valuable platform to reach a wider audience and increase its sales potential.

The company’s valuation grew from $5 million during the pitch to $14 million, reflecting the positive impact of the Shark Tank appearance. The WISP capitalized on its newfound popularity and continued selling its products online and through various retailers.

They expanded their product line beyond the broom and dustpan set, introducing additional cleaning tools such as a hand broom and a pet hair remover. These additions allowed The WISP to cater to broader cleaning needs and attract more customers.

The WISP’s effectiveness and ease of use received positive reviews from customers. Many praised its ability to efficiently pick up dirt and debris, making it a preferred choice over traditional brooms and dustpans. The company’s website remained active, indicating they were still taking product orders.

Overall, The WISP’s appearance on Shark Tank significantly boosted their business. It helped them secure a higher valuation, gain exposure through QVC, and expand their product offerings. The positive feedback from customers further solidified their position in the cleaning tools market, allowing them to continue operating and growing their business.

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The WISP Shark Tank Update

Eben Dobson appeared on Shark Tank in Season 10, Episode 6, seeking $500,000 for 10% equity in his business, WISP. WISP is a broom/dustpan combo designed to make cleaning easier and more efficient.

The WISP broom has electrostatic bristles that trap dust and pet hair, while the dustpan is designed to sit flat on the floor and is held in place by your foot to keep it from moving.

Dobson could not secure a deal with any of the sharks, but he did receive some positive feedback from them. Lori Greiner, in particular, was impressed with the WISP and offered to help Dobson spread the word about the product.

WISP has continued to grow in the years since appearing on Shark Tank. The company is now sold in over 10,000 stores nationwide, and Dobson has been featured in publications such as The New York Times and The Wall Street Journal.

In 2023, WISP launched a new line of products, including a window vacuum and a microfiber dusting glove. The company also expands its international reach and plans to launch in Europe and Asia in the coming year.

Overall, WISP is a success story. The company has grown significantly since appearing on Shark Tank, and it is poised for continued growth in the years to come.

Here are some additional details about WISP’s business after appearing on Shark Tank:

• The company’s sales have increased by over 500% since appearing on the show.
• WISP is now sold in over 10,000 stores nationwide.
• The company has been featured in publications such as The New York Times and The Wall Street Journal.
• WISP launched a new line of products in 2023, including a window vacuum and a microfiber dusting glove.
• The company is expanding its international reach and plans to launch in Europe and Asia next year.

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Is The WISP Still In Business?

Yes, WISP is still in business as of 2023. The company was founded in 2014 by Eben Dobson and is based in Salt Lake City, Utah. WISP is a one-handed pull broom and dustpan designed to make cleaning floors easier.

The company has been featured on Shark Tank and has received generally positive customer reviews. WISP products can be purchased online and through various retailers.

In 2021, WISP announced that it had raised $10 million in Series A funding. The funding will expand the company’s product line, hire new employees, and grow its marketing efforts.

Here are some recent updates about WISP:

• In 2019, WISP partnered with Lori Greiner to launch a new line of products, including a hand broom and a pet hair remover.
• In 2020, WISP was featured in an episode of Good Morning America.
• In 2021, WISP was named one of the best new products of the year by The New York Times.

Overall, WISP appears to be a successful company that is still growing. The company has a strong brand and a loyal customer base. WISP is a good option for people looking for an easy and effective way to clean their floors.

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What Is the Net Worth Of The WISP?

The valuation of the WISP was $5 million when it appeared on Shark Tank. The net worth of the WISP is estimated to be $14-$15 million as of 2023, based on its funding and sales.