Pavlok Shark Tank Update

Pavlok is a wearable device that helps people break bad habits. It is a simple device worn on the wrist or ankle. The device delivers a small electric shock when the user performs a bad habit. The shock is not strong enough to cause pain, but it is enough to startle the user and break the bad habit.

Pavlok was created by Maneesh Sethi, a Stanford University dropout. He was inspired to create the device after he read a book about Pavlov’s dogs. Ivan Pavlov conditioned his dogs to associate a bell with food in the book.

Whenever the bell rang, the dogs would drool in anticipation of food. Sethi thought he could use the same principle to condition people to break bad habits.

Pavlok has been featured on the television show Shark Tank. The sharks were impressed with the device’s potential to help people break bad habits. However, they were not willing to invest in the company.

Pavlok is available for purchase on the company’s website. It retails for $149.99.

What is Pavlok?

Pavlok is a wristband around the size of a Fitbit that delivers a 340-volt electric shock whenever you engage in the undesirable behavior you’re attempting to break. It is an unpleasant feeling regardless of how mild the shock is. 

Pavlok Shark Tank Update

You unconsciously avoid the undesirable activity a few days after the unpleasant jolt occurs, and your yearning for it will disappear. Vibration or beep can also be used to send a gentle reminder. 

Pavlok can detect your hand movement and deliver the shock automatically, or you may administer the jolt manually by hitting a button – which is just as effective at eliminating undesired habits.

Company NamePavlok
FounderManeesh Sethi
ProductSmart Bracelet To Help Against Bad Habits
Investment Seeking$500,000 For 3.14% equity in Pavlok
Final DealNo Deal
SharkNo Shark
EpisodeEpisode 29, Season 7
StatusIn Business

Who is the Founder Of Pavlok?

Maneesh Sethi is the founder of Pavlok Shock Bracelet, which appeared on Shark Tank seeking investment to expand the company. 

Pavlok Before Shark Tank

The CEO of Pavlok, Maneesh Sethi, has been in the internet business since he was twelve when he founded the web design company “StandardDesign.” When Sethi was sixteen, he wrote the book Game Programming for Teens and contributed to TechTV’s episode about video game programming. 

A year later, Sethi donated $5,000 to a charity that provides energy and connectivity to public schools in Rajasthan, India’s largest state. He was not yet finished with his career as a novelist. He wrote Hack the System, a memoir about aversion treatments, during the Life Hack craze of 2010. 

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Sethi even advertised on Craigslist for someone to slap his face when he became distracted from work and reimbursed the woman who responded. Sethi’s invention Pavlok earned him a spot on the Shark Tank season finale in 2014. 

The device for breaking unhealthy habits was backed by angel investors and raised more than five times its funding goal on Indiegogo.

How Was the Shark Tank Pitch of Pavlok?

Maneesh Sethi appeared on Shark Tank requesting an investment of $500,000 in exchange for an extraordinary 3.14 percent stake in Pavlok. 

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Final Deal: No deal between Pavlok and Sharks.

What Happened To Pavlok After Shark Tank?

The Pavlok website’s update page shows Pavlok has made significant progress despite Sethi’s distrust in the deal Kevin O’Leary offered at the season’s end. 

Pavlok has gained over 10,000 new users, many of whom have written glowing testimonials about how the unique product has helped them break unhealthy habits. 

There are also new users, including Daymond John, who is neither an investor nor a supporter of the platform. Fitbit, Amazon Echo, and GPS devices can now be connected to wearable devices. 

The device can notify users when they reach a fitness goal, fail to achieve one, or even remind them to go to bed on time. 

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Sethi has also developed tools to help users in their battle against bad habits, such as a productivity extension for Google Chrome and an online course that teaches “unwanted habits.” It will be fascinating to see how many lives this tool can touch.

Sethi claimed on Facebook in October 2018 that since June 2018, Pavlok’s “sales have increased, costs have decreased by over $100,000 per month, Pavlok is profitable, wholesale agreements are flowing in, and our coaching program is blossoming.” 

Pavlock Chat may be integrated into the app as the business prepares to launch The Shock Clock 2, a guaranteed morning wake-up call device.

Pavlok Shark Tank Update

Pavlok gained more than 10,000 new users after appearing on national television, even though they didn’t land a deal on Shark Tank. This led them to seek capital from other investors. This helped him reach out to more people and get new investors to help them raise funds.

He raised about $200,000 in three funding rounds. They were investors in IncWell and MassChallenge. With their money, they developed more physical and digital products.

Pavlok has released a new Chrome extension for users to be more productive. They also have launched a clock that shocks people into getting up in the morning.

Pavloks’ sales have steadily increased, and monthly expenses have been reduced by over $100,000. This indicates that Pavlok makes around 300,000 dollars annually and is valued at over $2 million.

Is Pavlok Still in Business?

Yes, Pavlok is still in business as of 2022 despite not getting any investment from the Sharks.

What Is the Net Worth of Pavlok?

The valuation of Pavlok was around $16 million when it appeared on Shark Tank. The net worth of Pavlok is above $2 million as of 2022.

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