Seriously Slime Shark Tank Update: From Kids' Passion to Million-Dollar Business
The Concept and the Pitch
In 2019, two young entrepreneurs, Kailey and Camryn, took the Shark Tank stage by storm with their innovative product, Seriously Slime. The idea was born out of their passion for creating unique and fun slime recipes, which they initially sold online and at local craft fairs. The sisters impressed the Sharks with their creativity, confidence, and business acumen, securing a deal with investor Lori Greiner.
The Deal
Lori Greiner invested $10,000 in exchange for 20% equity in Seriously Slime. The sisters were thrilled to have Lori on board, who brought her expertise in marketing and product development to the table. With Lori's guidance, Seriously Slime expanded its product line, improved its packaging, and explored new distribution channels.
Post-Shark Tank Update
After the show, Seriously Slime experienced a massive surge in sales, with the company's revenue increasing by over 500%. The slime business grew rapidly, with the sisters appearing on various TV shows, radio stations, and podcasts. They also collaborated with popular social media influencers, further boosting their brand's visibility.
Retail Expansion and Partnerships
Seriously Slime expanded its retail presence by landing partnerships with major retailers like Walmart, Target, and Michaels. The company's products are now available in over 10,000 stores across the United States. The sisters also partnered with popular toy companies, such as Toys "R" Us, to create exclusive slime products.
Philanthropic Efforts
Kailey and Camryn remain committed to giving back to their community. They have participated in various charity events, donating a portion of their profits to organizations that support children's education and arts programs.
The Future of Seriously Slime
The sisters continue to innovate and push the boundaries of the slime industry. They have launched new product lines, including slime-making kits and accessories, and are exploring opportunities in the educational sector. With Lori Greiner's continued guidance, Seriously Slime is poised to become a household name, inspiring young entrepreneurs and slime enthusiasts alike.
Conclusion
Seriously Slime's Shark Tank appearance marked the beginning of an incredible journey for Kailey and Camryn. With hard work, determination, and a passion for their product, the sisters have built a million-dollar business that continues to grow and thrive. Their story serves as a testament to the power of innovation, creativity, and entrepreneurship.