RinseKit, founded by Chris Crawford, introduced a portable, pressurized shower system for outdoor enthusiasts and athletes, gaining popularity for its convenience.
When Crawford pitched on Shark Tank, he didn’t secure a deal, but the appearance boosted RinseKit’s visibility, leading to multiple investment rounds. Initially funded through a Kickstarter campaign, RinseKit raised $81,000, surpassing its goal.
The company has since expanded its product line, adding the RinseKit Pro and the RinseKit Plus. As of 2024, RinseKit’s valuation is estimated at $5 million.
The company remains privately owned, providing reliable solutions for outdoor needs across the U.S.
RinseKit Net Worth
Estimated Net worth | $5 million (2024) |
Annual Sales Revenue | $1.8 million (2024) |
Lifetime sales | Not available |
Investor | Daymond John |
Founders | Chris Crawford and Eric Fagan |
Employees | 3 – 10 |
RinseKit Pitch on Shark Tank
Company name | RinseKit |
Product | A portable shower system |
Episode | Season 08 Episode 15 |
Founders | Chris Crawford and Eric Fagan |
Asked for | $250,000 for 5% equity |
Final deal | $250,000 for 7.5% equity plus sales commission |
Shark | Daymond John |
Location | Vista, California |
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RinseKit Founders
Chris Crawford and Eric Fagan founded RinseKit in 2014. Chris came up with the idea of making RinseKit to rinse off after surfing. Along with the help of his business partner Eric, they could turn this into a successful business. RinseKit’s founders Chris Crawford and Eric Fagan have a net worth of $9 Million USD as of 2024.
Key accomplishments
Year | Accomplishment |
2016 | Conducting a successful Kickstarter Campaign raising over $800,000 of funding. |
2017 | RinseKit appeared on Shark Tank season 8 and managed to win a deal. |
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 RinseKit and its continued success.