Potty Safe Shark Tank Update | Potty Safe Net Worth

Potty Safe is a unique product designed by Missouri natives Colt and Stacy Hall, who introduced it on Season 11 of Shark Tank. Developed to address a common challenge that parents face during the potty training process, Potty Safe aims to prevent messy situations when toddlers try to assist in emptying the waste bowl of their potty chairs.

The product’s innovative child-proof latching system ensures that only adults can lift the insert, thereby reducing spills and the ensuing clean-up.

Potty Safe’s design and features make it highly functional and convenient. The product incorporates non-slip feet to maintain stability and ensure the safety of children during use. The built-in splash guard is suitable for both boys and girls, which enhances its versatility.

The product’s simple design makes it easy to maintain, preventing the need to navigate hard-to-reach crevices that might harbor bacteria. Potty Safe’s size makes it portable, allowing parents to use it in their vehicles.

Potty Safe’s patented child-proof latch makes it a good choice. This innovative feature eliminates spills, creating a less stressful potty training experience for children and parents.

In addition, Potty Safe is designed and made in the USA, emphasizing its quality and the founders’ commitment to meeting the needs of fellow parents. However, it’s important to note that some parents wished for a deeper bucket.

Despite some initial concerns about market demand and low sales, Potty Safe attracted the investment of Shark Lori Greiner on the show, affirming its potential and utility. Its practicality and the stress relief during the potty training phase make Potty Safe a worthwhile investment for parents navigating this stage of their child’s development.

The positive reception and reviews the product continues to receive post-Shark Tank suggest that Potty Safe is not just a game-changer in the industry but a product that genuinely makes a difference in people’s lives.

What Is Potty Safe?

Potty Safe is an innovative and practical solution designed to facilitate the toilet training process for young children and provide peace of mind for parents. The unique design of this potty chair is both functional and stylish, reducing the mess and stress often associated with this developmental milestone.

Potty Safe is a company that provides a solution for parents with young children who are potty trained. The company manufactures a waterproof seat protector that can be placed on top of a regular toilet seat, ensuring that children do not come into contact any germs or bacteria while using public restrooms.

The product is compact and easy to carry, making it perfect for parents on-the-go. The company’s mission is to promote safe and hygienic potty training for children and reduce the stress that parents often experience during this process. The product has received positive reviews and has been recommended by pediatricians.

Potty Safe features a patented child-proof latch system that securely holds the removable waste container in place, preventing spills and accidents while ensuring the child’s safety.

Potty Safe is constructed from durable, non-toxic material that is easy to clean and maintain, allowing for a hygienic toilet training approach. Furthermore, its ergonomic design caters to the comfort and stability of the child, promoting a sense of confidence and independence as they transition from diapers to using the toilet. 

Potty Safe has garnered positive reviews and endorsements from numerous parents, childcare professionals, and pediatricians alike as a testament to its effectiveness and reliability.

Potty Safe is a valuable investment for families seeking to optimize their child’s toilet training experience. Parents and children can enjoy a more positive and hassle-free toilet training experience with this potty chair because it combines safety, practicality, and ease of use.

Who Is The Founder Of Potty Safe?

Colt and Stacy Hall, a dedicated couple from Missouri, founded the Potty Safe. Faced with potty training their toddler, they encountered a problem familiar to many parents: their child, keen to help, attempted to empty the potty chair insert, leading to a considerable mess.

Discovering a gap in the market for child-proof potty chairs, Colt and Stacy decided to create a solution. Using his technical skills, Colt fabricated an initial prototype of Potty Safe featuring a childproof latching system to prevent children from lifting and spilling the potty insert.

The prototype was successful, and they realized that their creation had the potential to aid many families navigating the same potty training struggles. Thus, the idea of Potty Safe was born.

Stacy Hall, in particular, has shown significant commitment to making Potty Safe successful. She left her corporate accounting job to spend more time with her children and invest more time and energy into the business.

The couple invested heavily into the venture, with Stacy putting in $152,000 of their savings and even remortgaging their house to fund Potty Safe’s development.

Before appearing on Shark Tank, the couple faced a challenge in marketing their product and educating their potential market. Despite their belief in Potty Safe’s effectiveness and market potential, they had only achieved $17,000 in sales in 2019.

However, they remained hopeful they could grow their company and extend their product line with the right support and strategic partnerships. Lori Greiner, one of the sharks, invested in Potty Safe, acknowledging the product’s potential and their commitment to the cause.

How Was The Shark Tank Pitch Of Potty Safe?

The Shark Tank pitch for Potty Safe was focused on addressing a common problem faced by parents during potty training and presenting their innovative solution. Colt and Stacy Hall, the founders of Potty Safe, highlighted their experience of their toddler attempting to empty the potty chair insert and causing a messy situation.

They emphasized the lack of child-proof potty chairs in the market and how it inspired them to create their solution. Colt showcased the initial prototype featuring a childproof latching system to prevent children from lifting and spilling the potty insert.

The Halls demonstrated the effectiveness of their product by successfully using it to potty train their child. They also emphasized the potential market demand, as many parents could benefit from a stress-free and mess-free potty training experience.

During the pitch, the Halls sought a $50,000 investment in exchange for 15% equity in Potty Safe, valuing the company at $333,333. However, the Sharks expressed concerns about the low sales figures and market demand uncertainty.

Despite the doubts raised, Lori Greiner, a seasoned investor on the show, saw the potential in Potty Safe and believed in the founders’ approach to potty training. She offered $50,000 for 20% equity, which the Halls eagerly accepted.

The Shark Tank pitch for Potty Safe effectively presented the problem, showcased the unique solution, and demonstrated the founders’ dedication and passion. Lori Greiner recognized the product’s value and potential for success even though some Sharks had reservations.

What Happened To Potty Safe After Shark Tank?

After appearing on Shark Tank, Potty Safe experienced positive outcomes for its business. The partnership with Lori Greiner proved to be instrumental in the growth and success of the company.

Lori Greiner’s investment of $50,000 for a 20% equity stake in Potty Safe brought financial support and her expertise and guidance as a seasoned entrepreneur.

Her involvement helped the company in marketing and educating the market about the product, which had been a challenge for the founders. With her support, Potty Safe increased its visibility and reached a wider customer base.

Additionally, the exposure gained from appearing on Shark Tank resulted in increased brand recognition and credibility for Potty Safe. The show provided a platform for the founders to showcase their innovative potty training solution to a large audience, leading to heightened interest and sales.

The partnership with Walmart, mentioned during the Shark Tank pitch, also materialized after the show. This collaboration further expanded the distribution channels for Potty Safe, allowing the product to reach more customers nationwide.

The combination of Lori Greiner’s investment, strategic guidance, and exposure from Shark Tank helped propel Potty Safe forward. The company overcame initial sales challenges and established a stronger presence in the market, ultimately contributing to the growth and success of the business.

Potty Safe Shark Tank Update

After appearing on ABC’s “Shark Tank,” Potty Safe, a product designed to assist in potty training, experienced some notable developments. Colt and Stacy Hall, the founders of Potty Safe, pitched their locking potty chair on the show to secure a $50,000 investment in exchange for 15% equity. 

However, Lori Greiner, one of the sharks, offered $50,000 for a 20% stake in the business, and the Halls accepted her deal.

Following their appearance on “Shark Tank,” Potty Safe witnessed a substantial increase in sales, with a reported surge of almost 500%. This surge in demand led to the product’s availability in various retailers such as Bed Bath and Beyond and Buy Buy Baby.

However, as of 2023, the product is no longer listed on these websites. Potty Safe is still available on popular e-commerce platforms like Amazon and Walmart. Parents who have used the product generally provided positive reviews, highlighting its ease of use and cleanliness.

Despite the initial deal with Lori Greiner falling through, Potty Safe has continued to thrive. The company expanded its product line, entered global markets, and prioritized customer service, innovation, and marketing.

Potty Safe has maintained a unique market position and offered resources like guides, webinars, and customer support. The company’s success is a testament to the founders’ determination and creativity in helping children develop proper hygiene habits.

Potty Safe experienced a significant increase in sales after appearing on “Shark Tank” and securing a deal with Lori Greiner that ultimately didn’t materialize.

Despite the setback, the product remained available on platforms like Amazon and Walmart, with positive feedback from parents. Potty Safe expanded its product line, entered global markets, and continued to thrive as a company, providing resources and support to its customers.

Is Potty Safe Still In Business?

Yes, Potty Safe is still in business as of 2023. They are currently available for purchase on Amazon, Walmart, and BuyBuyBaby.com. The company has made over $5 million in lifetime sales.

The deal with Lori Greiner on Shark Tank never closed, but the company has been successful even without her investment. They have expanded their distribution to include more retailers and have seen a significant increase in sales since appearing on the show.

The Potty Safe is a child-proof potty training chair designed to prevent messes. The waste bowl is locked to the chair’s base, making it difficult for children to remove it. The company also offers a variety of accessories, such as a potty seat liner and a travel case.

Potty Safe is a good option if you are looking for a child-proof potty training chair. It is well-made, easy to use, and reasonably priced.

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What Is the Net Worth Of Potty Safe?

The net worth of Potty Safe is not publicly available information. However, we can estimate it based on the following information:

• Potty Safe was valued at around $250,000 at its Shark Tank appearance.
• They made $17,000 in sales in 2019.
• They have since partnered with Walmart and Buy Buy Baby.
• The cost to manufacture each Potty Safe is $6.50, and they sell for $28.95.

Based on this information, we can estimate that the net worth of Potty Safe is $500,000 to $1 million. However, it is important to note that this is just an estimate, and the actual net worth could be higher or lower.