Doug Foreman created the Biem Butter Sprayer in 2016 to make spreading butter easier by turning it into a spray. He pitched the idea on Shark Tank, seeking $500,000 for 5% of the company.
Lori Greiner showed interest but withdrew the offer during due diligence due to prototype issues. After the show, Biem faced challenges, including customer complaints about product reliability.
In 2019, Biem introduced a second version of the sprayer to address these concerns. However, the company has since gone quiet, with products sold out and social media inactive since 2019.
Doug now runs Austin Automation Design, focusing on food preparation technology.
Biem Net Worth
| Net worth | $10 Million (business valuation) |
| Investor | Lori Greiner |
| Founders | Doug Foreman |
Biem Pitch on Shark Tank
| Company name | Biem |
| Product | A device that can turn any stick of butter to spray |
| Episode | Season 08 Episode 04 |
| Founder | Doug Foreman |
| Asked for | $500,000 for 5% equity |
| Final deal | $500,000 for 14% equity |
| Shark | Lori Greiner |
| Location | USA |
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Biem Founder
Biem was founded by Doug Foreman in 2012. He is a very smart innovator of kitchen products. He has already introduced various kinds of products to the US market.
Biem’s founder, Doug Foreman, has a net worth is unknown as of 2025.
Key accomplishments
| Year | Accomplishment |
| 2020 | Biem Butter Spray was the first butter spay in the world |
| 2016 | Biem Butter Spray appeared on Shark Tank |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business. They have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Spretz and its continued success.