In Shark Tank Season 15, husband-and-wife duo, Rodney and Tanya Rasmussen pitched SplashZen, a practical bath-time accessory.
SplashZen is a splash guard designed to open and close over the bathtub, keeping water contained while kids or pets enjoy their bath.
Did SplashZen get a Shark Tank deal? or, What happened to SplashZen after Shark Tank?
Find out in our thorough analysis on SplashZen Shark Tank update and pitch recap…
If you are short on time, here’s a quick summary of SplashZen On Shark Tank Update:
Quick Summary
Rodney and Tanya Rasmussen were featured in Season 15 of Shark Tank, where they secured a deal with Barbara Corcoran. Barbara offered the couple $100,000 for a 14% stake in their business. In terms of the latest SplashZen After Shark Tank Update, the company continues to operate and has experienced a significant boost in sales following their appearance on the show.
Table of Contents
SplashZen On Shark Tank
Shark | Result |
Barbara Corcoran | Accepted deal of $100,000 for 14% equity, plus a $100,000 line of credit |
Lori Greiner | $100,000 for 17.5% equity (Not Accepted) |
Robert Herjavec | No Offer |
Mark Cuban | No Offer |
Kevin O’Leary | No Offer |
SplashZen Shark Tank Deal
- Business: Bath Splash Guard
- Entrepreneurs: Rodney and Tanya Rasmussen
- Asked For: $100,000 for 10% equity
- Shark Tank Deal: $100,000 for 14% equity, plus a $100,000 line of credit
- Shark: Barbara Corcoran
SplashZen Company Info
Brand Name | SplashZen |
Official Website | splashzen.com |
@florasavesplants | |
@splashzenproductsllc | |
TikTok | @splashzen |
Where To Buy SplashZen Splash Guard | Check Price On Amazon |
SplashZen Overview
SplashZen is a unique bath accessory that serves as a splash guard, making bath time less of a hassle for busy parents. The product is designed to open and close over the bathtub, effectively preventing water from splashing onto the bathroom floor.
This is particularly useful when kids are splashing around or when bathing pets. As a bonus, Rodney shared that the SplashZen can double as a splash guard during dog baths, providing parents with a two-in-one solution for their bathing needs.
SplashZen Founders: Rodney and Tanya Rasmussen
Rodney and Tanya Rasmussen are parents of three boys who know the challenges of bath time all too well.
Between their second and third child, the couple noticed that “tubby time” was a favorite but often chaotic event in their household. The constant splashing caused significant water damage to their bathroom, forcing them to rush through nightly routines.
Determined to find a solution that would allow their kids to enjoy bath time without the mess, Rodney and Tanya got to work on a product that would keep water inside the tub.
After gathering feedback from focus groups and running surveys with parents, Rodney and Tanya moved through multiple design iterations, refining their product with every revision.
Eventually, they launched SplashZen—a splash guard designed to give parents, grandparents, and caregivers a chance to enjoy quality time with their kids during bath time. With SplashZen, the Rasmussens are transforming bath time from a dreaded task to a joyful experience for families everywhere.
SplashZen Shark Tank Pitch
Rodney and Tanya Rasmussen, a husband-and-wife duo, entered Shark Tank with a goal to make bath time less of a chore for parents and pet owners alike.
With three young boys at home, Rodney and Tanya knew the struggle of keeping water contained during bath time. To solve this, they invented SplashZen, a sturdy splash guard that attaches to the bathtub, allowing kids to splash around freely while keeping the surrounding bathroom dry.
They designed SplashZen not only for kids but also as a practical tool for pet owners—providing a solution that works equally well during dog baths, essentially offering two products for the price of one.
During their pitch, Rodney shared the numbers behind SplashZen’s production and pricing. It costs $40 to manufacture each unit, and the product retails for $99, leaving a healthy profit margin.
At the time of filming, the Rasmussens had achieved $80,000 in total sales, with $10,000 generated in just the last three months. All of these sales had been made directly to consumers through social media channels, including viral TikTok videos that helped them reach their audience efficiently.
Sharks’ Reactions On SplashZen Shark Tank Pitch
Once the product samples were passed around, the sharks began sharing their first impressions.
Lori Greiner was quick to point out that SplashZen felt sturdy and well-made, a key factor for any product designed to handle active use by kids or pets. However, not all feedback was as positive.
Kevin O’Leary raised concerns regarding branding, suggesting that it might be difficult for customers to understand what SplashZen does just by looking at it on store shelves.
He noted that the product would require explanation, which could pose a challenge if they wanted to expand into retail.
Rodney acknowledged this concern, which is partly why they were hoping to find a shark who could help them develop their brand and increase product visibility.
The pitch continued with mixed reactions. Robert Herjavec, while intrigued, couldn’t see a compelling need for the product in his personal view and decided to bow out first.
Mark Cuban, echoing Robert’s sentiments, expressed doubts about the necessity of SplashZen and also decided to pass on the opportunity.
Kevin O’Leary stuck to his initial concern about retail viability, believing the product wouldn’t do well in that market due to its need for explanation. With Kevin’s exit, three of the five sharks were now out.
Sharks’ Offers For SplashZen On Shark Tank
The remaining sharks, Lori Greiner and Barbara Corcoran, saw potential in SplashZen. Lori, impressed by the product’s quality and the couple’s dedication, was the first to make an offer.
Lori Greiner offered $100,000 in exchange for 20% equity in SplashZen, emphasizing that she believed both in the product and the Rasmussens as entrepreneurs.
Just after Lori, Barbara Corcoran entered the competition with a slightly different deal. She offered $100,000 for 15% equity and sweetened the deal by including a $100,000 line of credit, which would provide extra financial support as they scaled their operations.
With two offers on the table, Rodney took a strategic approach to negotiations. He asked Lori and Barbara if they would consider joining forces to create a joint offer, but both declined.
Unfazed, Rodney turned to Lori and asked if she would be willing to match Barbara’s offer. Lori responded by revising her offer to $100,000 for 17.5% equity, along with the additional $100,000 line of credit.
The stakes intensified as Barbara adjusted her initial offer, lowering her equity requirement to 14.5%. This back-and-forth made the Rasmussens’ decision even tougher.
SplashZen Shark Tank Deal
Faced with two competitive offers and a desire to make the best decision for their company’s future, Rodney proposed one final counter. He asked Barbara if she would consider lowering her equity ask to an even 14%.
Barbara agreed, sealing the deal at $100,000 for 14% equity along with the $100,000 line of credit.
In the end, Rodney and Tanya accepted Barbara’s offer, thanking Lori for her support. Lori wished them well, expressing her genuine hope for their success.
By choosing Barbara, the Rasmussens secured both an investment and a powerful ally, ready to help them take SplashZen to the next level.
Was this the best choice for SplashZen? Keep reading our SplashZen Shark Tank Update to find out what happens following Shark Tank.
SplashZen Shark Tank Update
Based on our analysis of SplashZen Shark Tank Update, we can say that Rodney and Tanya Rasmussen have been experiencing the classic “Shark Tank effect” with increased visibility and interest in SplashZen after their Shark Tank appearance.
While it’s too soon to see any specific updates on recent revenue figures, the exposure from Shark Tank has helped direct a new wave of potential customers to SplashZen’s website.
The immediate publicity from the show typically boosts sales significantly, and with Barbara Corcoran on board, SplashZen is well-positioned to capitalize on this momentum.
With Barbara’s experience and support, there’s potential for SplashZen to expand into new markets, including retail, despite the initial concerns from other sharks about the product’s need for an explanation on store shelves.
At the same time, Barbara’s expertise in branding and storytelling could be a valuable asset, helping to create packaging and marketing materials that clearly convey the benefits of SplashZen to both parents and pet owners.
SplashZen Reviews and Feedback
As SplashZen continues to navigate its post-Shark Tank journey, customer feedback will play a critical role in shaping the future of the product.
Early reviews highlight the effectiveness of the splash guard in keeping the bathroom dry during bath time. Parents appreciate the convenience it offers, making bath time more enjoyable for both kids and adults.
Testimonials on social media platforms, particularly TikTok, showcase parents using SplashZen successfully, further increasing its appeal.
Positive customer experiences can lead to organic marketing through word-of-mouth and social sharing, which is invaluable for startups in their growth phase.
Where To Buy SplashZen Bath Splash Guard?
The SplashZen Bath Splash Guard is available for purchase directly through the SplashZen website, where customers can explore the product’s features and see demonstrations.
For those who prefer shopping on popular retail platforms, SplashZen is also conveniently available on Amazon, allowing easy access and fast shipping options for customers across the U.S.
By offering the SplashZen splash guard on Amazon, Rodney and Tanya Rasmussen have made it simple for busy parents and pet owners to find and order their bath-time solution with just a few clicks.
Whether you’re looking for a way to keep water contained during a child’s bath or a pet’s grooming session, SplashZen can now be delivered directly to your door.
Future Plans For SplashZen
While the Rasmussens have not publicly detailed their specific future plans, the partnership with Barbara Corcoran opens up numerous possibilities. From refining their marketing strategy to exploring retail partnerships, the couple has a wealth of options available to them.
Given the potential for growth, SplashZen may very well find its way onto store shelves in the near future. In addition to retail expansion, the Rasmussens might consider diversifying their product line.
Since the SplashZen can be used for both kids and pets, they could explore related accessories or variations that cater to specific needs, such as bath toys or additional pet care items.
Did SplashZen Get A Shark Tank Deal?
Yes, SplashZen successfully secured a deal on Shark Tank!
After a series of offers and negotiations, Rodney and Tanya Rasmussen accepted an investment from Barbara Corcoran.
Barbara initially offered $100,000 for 15% equity and a $100,000 line of credit, but after some strategic counteroffers from Rodney, she agreed to a final deal of $100,000 for 14% equity, plus the line of credit.
This partnership with Barbara provided SplashZen with not only financial support but also a valuable opportunity to grow under Barbara’s mentorship.
With her expertise in product positioning and marketing, Barbara seems well-positioned to help SplashZen expand its customer base and increase its reach in both the parenting and pet care markets.
FAQs On SplashZen Shark Tank Update Today
Who Is The Owner of SplashZen?
The owners of SplashZen are Rodney and Tanya Rasmussen, a husband-and-wife duo who developed the product to make bath time easier for families. With three young boys at home, they created the SplashZen Bath Splash Guard to help parents and pet owners contain water during bath sessions. Their innovative solution landed them a deal on Shark Tank with Barbara Corcoran.
Did SplashZen Get A Shark Tank Deal?
Yes, SplashZen secured a deal on Shark Tank with Barbara Corcoran, who offered $100,000 for 14% equity in the company, along with a $100,000 line of credit. The Rasmussens accepted her offer, believing it would help them grow their innovative bath splash guard.
Is SplashZen Still In Business?
Yes, SplashZen is still in business. After their successful appearance on Shark Tank, the product continues to be available for purchase on their website and on Amazon, allowing customers to enjoy a more manageable bath-time experience.
The founders, Rodney and Tanya Rasmussen, remain committed to growing their brand and expanding their product offerings.
What Happened To SplashZen After Shark Tank?
After appearing on Shark Tank, SplashZen received a boost in visibility and sales, thanks in part to the investment and guidance from Barbara Corcoran.
The husband-and-wife duo has continued to market their bath splash guard through their website and Amazon, helping parents and pet owners enjoy mess-free bath times.
While specific sales figures post-show are not publicly available, they are expected to experience continued growth following the episode’s airing.
Conclusion: SplashZen After Shark Tank
According to our SplashZen Shark Tank Update, we can say that the journey of Rodney and Tanya Rasmussen with SplashZen showcases the power of innovation and the potential for growth that comes from exposure on Shark Tank.
With a solid product and the backing of Barbara Corcoran, the couple is well-positioned to make a significant impact in the bath accessory market.
As they navigate this exciting chapter, the SplashZen update highlights the challenges and triumphs faced by entrepreneurs seeking to bring their ideas to life.
As always, you can visit their official website to keep up with their latest offerings and developments.
Stay tuned and FOLLOW our blog because we may come up with another SplashZen update as soon as we get a hint.
In the meantime, you can check out more Company Updates on Shark Tank Season 15 Episode 14 by clicking on the links below:
- The Peep Show After Shark Tank Update
- How To Be a Redhead After Shark Tank Update
- Flora After Shark Tank Update
Before you go, make sure to visit our Season 15 Company Updates Page, All Company Updates Page and Shark Tank All Products Page for more information on various companies and products featured in the Show.
At the same time, you can FOLLOW our blog to get the latest updates on businesses featured in Shark Tank Show. And, if you have any questions, you can send us message at your convenience.
Lastly, you can check out more Company Updates for the businesses featured in Shark Tank Season 14 by visiting our Season 14 Company Updates Page.
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