What Happened To PhoneSoap After Shark Tank?

Did you know bacteria penetrate your phone faster than in a public bathroom? If you put your phone in a public bathroom, bacteria will grow on it. Your phone is dirtier than water in a public restroom.

Germs on your phone can cause cancer: a public bathroom can be up to 18 times worse than a phone. It is as if phones are a perfect breeding ground for bacteria because they are always warm and dark.

Bacteria can easily be spread from our phones to our kitchen counters, to our families’ and friends’ houses, and even to the grocery store.

This is like when you have your kitchen counter everywhere you go and never take it out to wash it.

Charge your phone while you wait in the bathroom, while you let your children play with it, then go home and clean your phone. We all hope not. That is precisely how we use our cell phones each day.

Recent studies have found that bacteria such as streptococci and staphylococci can live in even the smallest pockets on your cell phone. Some phones had a bacteria named MSRA, which is dangerous to humans.

In 2012, a thief was able to steal Ebola from a stolen cell phone. It is astonishing how we carry germ sponges everywhere we go every day and do not regularly clean them.

Why are we not cleaning our cell phones more often? We probably do not think about it often, and when we do, it inconveniences other people. PhoneSoap Charger is a new way to eliminate this problem.

PhoneSoap has changed a simple process you start each day by charging your phone into something that removes bacteria from your phone.

PhoneSoap Chargers use two UVC lights to kill the bacteria on your phone.

Plug your phone into the device to charge it, and then close the case; two UV lights are automatically activated.

PhoneSoap kills 99.9% of the bacteria that live on your telephone. Simply plug it in, give it a quick clean, or simply let it air dry.

What Is PhoneSoap?

PhoneSoap is an ultraviolet light sanitizer that uses a plastic case. A cell phone contains 18 times the amount of bacteria found on a public restroom handle. 

The idea of PhoneSoap came to the developers after realizing how much bacteria is found on a cell phone. 

PhoneSoap Shark Tank Update

PhoneSoap claims that the UV light it emits breaks down nucleic acids and fragments of germ DNA found on phones. While disinfecting, the device also charges your phone.

Company NamePhoneSoap
EntrepreneurDan Barnes And Wes LaPorte
ProductPhone Sanitizing Case Using Ultraviolet Light
Investment Asking For$300,000 For 7.5% equity in PhoneSoap
Final Deal$300,000 For 10% equity in PhoneSoap
SharkLori Greiner
Episode Season 6 Episode 24
Business StatusIn Business
WebsiteVisit Website

Who Is The Founder Of PhoneSoap?

Wes La Porte and Dan Barnes are the founders of PhoneSoap.

An average phone surface contains more feces than a bathroom, and one in six phones has feces. Dan and Wesley came up with a solution. 

The solution is called PhoneSoap. PhoneSoap charges your phone and eliminates 99.9% of germs.

PhoneSoap Before Shark Tank

PhoneSoap was conceived by Wes La Porte and Dan Barnes, both from Provo, Utah.

The entrepreneurial duo developed an amazing device that tries to clean the world up one gadget at a time. These gentlemen would never engage in unethical business practices.

The average phone contains 18 times more harmful bacteria than the average public restroom, but Dan was immediately skeptical when he heard this piece of information.

Dan asked Wes’s help determining if Dan’s phone was that germ-ridden at the time, as he was working in a lab.

Dan and Wes were skeptical of the claim, but after checking both phones, he found a thick layer of bacteria all over the cells.

After conducting a series of tests on other people’s phones, he discovered a more alarming truth.

The pair discovered that at least one in every six phones had feces, and the health risks were unknown to the general population.

The pair decided to create a solution that would clean phones, utilizing Ultraviolet light technology, which Wes was aware of due to its use in the laboratory to sanitize things.

A prototype sanitizer was developed to charge and sterilize any phone simultaneously called PhoneSoap.

A Kickstarter campaign was launched in May 2012 to raise $18,000 to test their idea of PhoneSoap.

The Kickstarter campaign was a huge success; one month later, 1,200 backers had pledged more than $63,000, and the entrepreneurs began developing their prototypes.

It wasn’t until early 2014 that the team started selling PhoneSoap online. The response was overwhelming.

Wes and Dan’s business was doing well, but they wanted extra funding and a strategic shark partner to accelerate the growth of PhoneSoap.

An open casting session resulted in PhoneSoap acceptance to appear on Shark Tank in early 2015.

How Was The Shark Tank Pitch Of PhoneSoap?

Wesley and Dan appeared on the Shark Tank show requesting an investment of $300,000 in exchange for a 7.5% equity in PhoneSoap. 

They presented their samples to the sharks and informed them about the number of sales they made.

PhoneSoap had sold more than $537,000 worth of products before appearing on Shark Tank. In addition, they raised $800,000 for 16% of their company, valued at $12.8 million.

Sharks thought the product looked interesting, but they did not know what their product would do. Therefore, all the sharks back themselves except Mark Cuban and Lori Greiner.

Mark offered $300,000 for a 30% stake in PhoneSoap if they cleaned the phone in a minute.

Lori attempts to counteroffer the offer with $300,000 for a 15% equity in PhoneSoap.

However, they refuse to accept Mark’s offer. Lori rushes in with a counteroffer of $300,000 for 15%. We agree to Mark’s offer.

She is interested in taking this product to QVC. Mark believes that commercial sales of the product are worth a premium.

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However, the owner demands a higher valuation. She agreed to pay more for the company, and she agreed. They accepted Lori’s offer. The story of how they got a deal on Shark Tank.

Mark and Lori disagree about who is the greatest match. The boys demand a higher valuation, and Lori says she’ll go up to 10% if they agree immediately. The gentlemen say yes!

Dan Barne and Wes LaPorte left the Shark Tank stage, securing a deal from Lori Greiner for PhoneSoap.

Final Dea: Lori Greiner agreed to invest $300,000 for a 10% stake in PhoneSoap. 

What Happened To PhoneSoap After Shark Tank?

PhoneSoap’s developers proposed their idea on Shark Tank and were offered a deal by Lori Greiner.

The appearance on Shark Tank and investment from Lori Greiner boosted the branding and sales of PhoneSoap.

There is also a new PhoneSoap Polish ($15) and a “magical” Cleaning Roller ($20, 3in x 2in x 1in) that works similarly to a lint brush but contains a specially formulated TPU gel that can remove smudges when you’re on the go or unable to use the PhoneSoap cleaner/charger.

PhoneSoap Shark Tank Update

The company started with 12 employees and has grown to become five times its size. PhoneSoap products are now available in over 1500 stores across the United States.

It has expanded its product line, and even developed air purifiers. PhoneSoap is still in business as of 2022 and has annual sales of $13.5 million.

PhoneSoap Shark Tank Update

Shark Tank updated its PhoneSoap segment in May 2016, and it is clear that Lori’s involvement in the firm has resulted in excellent results during its first year together.

Dan claims that QVC helped boost product sales by about $5 million over the first twelve months, and sales continue to grow every time the product is broadcast on the shopping channel.

The founders of the PhoneSoap company have grown to twelve employees and are seeking additional warehouse space to help them meet demand.

A follow-up interview with Dan revealed that Lori is on the verge of securing a deal with Bed Bath and Beyond to make PhoneSoap available in all 1,500 of the retailer’s locations. The agreement is expected to be finalized by the end of the year.

Moreover, Wes has also been busy, following numerous customer requests for a larger version of PhoneSoap for tablet owners, the XL version of the product is now available.

PhoneSoap retails for $120, comes with a universal charger that fits any tablet, and sells so briskly that consumers can expect a month-long wait.

The original PhoneSoap device has also been enhanced. PhoneSoap 2.0 now features an active alarm and can notify users of incoming calls and texts for those who charge their phones overnight.

The company is also developing other items; it is nearing the completion of a multi-charger that can simultaneously lean up to eight devices. It plans to release a version that can sanitize phones in less than thirty seconds.

Dan offers some advice for entrepreneurs interested in appearing on Shark Tank. Before entering the tank, he says they should generate interest in their product to increase the chances of impressing the sharks.

The author emphasizes the need to fully understand all aspects of the business and prepare as much as possible for the appearance as early as possible. 

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In conclusion, he recommends other entrepreneurs enjoy themselves and be as dynamic as possible while inside the tank.

He continues that everyone wants to work with someone they admire and respect. His knowledge is backed up by the fact that PhoneSoap is an incredibly profitable company with its new shark partner.

Is PhoneSoap Still In Business?

Lori Greiner placed PhoneSoap on QVC and sold over five million dollars of products. They are working on getting phones to work with cameras.

PhoneSoap is selling a new version three of their app for $59.95.

What Is the Net Worth of PhoneSoap?

The valuation of PhoneSoap was $4 million when it appeared on Shark Tank. The net worth of PhoneSoap is $13.5 million as of 2022.

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