Rinseroo Shark Tank Update | Season 16

Rinseroo made a deal on Shark Tank with Lori Greiner. She invested $343,000 for 5% equity using her special Golden Ticket offer.
Quick Shark Tank Update on Rinseroo
Rinseroo Shark Tank Update | Season 16

Cleaning the shower, rinsing the tub, or bathing a pet can be messy and time-consuming. It often requires endless trips with a bucket and water splashing everywhere. Lisa Lane faced this exact frustration while vacationing at the Jersey Shore.

She struggled to clean shower walls and bathe her four family dogs​. That’s when she had a thought: What if there was a simple slip-on hose that could turn any faucet into a powerful rinsing tool? With that idea, Rinseroo was born.

For Lisa, this wasn’t just about convenience. It was about solving an everyday problem. As a former pharmaceutical sales representative, she had never planned on becoming an entrepreneur.

But this small innovation had the potential to change the way people cleaned their homes. Partnering with her son Jake, she turned her invention into a growing business.

Their journey led them to Shark Tank, where they landed a dream deal with Lori Greiner. Now, Rinseroo is helping people clean smarter, not harder. Let’s take a closer look at how they got here.

YouTube video

Rinseroo Journey Before Shark Tank

Lisa Lane’s path to entrepreneurship was anything but ordinary. She grew up in a financially struggling household and understood the value of hard work from a young age​.

After earning a degree from the University of Delaware, she started a career in pharmaceutical sales. While she was successful in her job, she always had a desire to create something of her own. That moment came during a family vacation at the Jersey Shore.

With 15 family members and four dogs under one roof, cleaning became exhausting​. She spent her nights and weekends developing her idea while continuing to work full-time​.

She taught herself everything, product development, sourcing, and e-commerce. “Having saved enough to start her entrepreneurial journey, she decided to quit her job and devote all her time and hard-earned money to pursuing Rinseroo,” she shared​.

In 2019, she launched Rinseroo. The response was overwhelming. Within the first year, sales hit $1 million​. As the business grew, so did Rinseroo’s product line.

Lisa expanded beyond the original slip-on hose. She introduced versions for different uses, such as the Shower & Sink Rinseroo, the Pet Rinseroo, and even a Portable Bidet Rinseroo for travelers​.

By 2025, Rinseroo was generating $5 million in revenue​. This proved that a simple idea could turn into a thriving business.

The Shark Tank Pitch: Securing the Golden Ticket

When Lisa and Jake stepped onto the Shark Tank stage, they were ready. They asked for $343,000 in exchange for 5% equity, valuing the company at $6.86 million​. The Sharks were intrigued but had plenty of questions.

YouTube video

Kevin O’Leary was the first to challenge the valuation. He wasn’t convinced a hose attachment company could be worth almost $7 million.

Lisa stood her ground. She explained that Rinseroo had launched in March 2019 and reached $1 million in sales within its first year​. By 2024, revenue had grown to $5 million​.

Then, the offers started coming in. Daymond John proposed $343,000 for 20% equity, but later lowered it to 15%​. Kevin O’Leary offered $343,000 for 5% equity but attached a $2.50 per-unit royalty until he recouped $1 million​.

Lisa hesitated. She didn’t want to give up too much of her profits.

Just as she was weighing her options, Lori Greiner pulled out her Golden Ticket, a rare offer where she gives the entrepreneur exactly what they ask for​.

Without hesitation, Lisa and Jake accepted Lori’s deal. They secured $343,000 for 5% equity​.

Loading poll ...
Coming Soon
Did Lori Greiner make the right call investing $343K for 5%?

Rinseroo Shark Tank Update

After the Shark Tank episode aired, Rinseroo saw an immediate surge in website traffic, sales, and social media engagement​. To handle the growth, they partnered with Human, a company that specializes in helping Shark Tank businesses scale​.

Beyond sales, Rinseroo expanded its product offerings. “We’re thrilled to have them by our side as we scale Rinseroo and introduce our brand to a national audience,” Lisa said about working with Human​.

Financially, the company is stronger than ever. With a 10% annual growth rate, Rinseroo’s net worth is expected to reach $7.55 million in 2025​.

Future Plans for Rinseroo

Lisa and Jake have no plans to slow down. With Lori Greiner’s backing, they are working on getting Rinseroo into major retail stores​.

They are also developing new attachments for outdoor and commercial use. In addition, they are exploring eco-friendly product options and strengthening their presence on Amazon​.

Their goal is to make Rinseroo a must-have cleaning tool in every home.

Closing Thoughts

What started as a simple idea to make cleaning easier has turned into a multimillion-dollar business. With Lori Greiner’s investment, growing brand recognition, and continued innovation, Rinseroo is on track to become a household name.

Whether you need to clean your shower, wash your pet, or find an easier way to rinse, Rinseroo has you covered!

We’re closely following the company to bring you valuable insights. Stay tuned for the latest updates on Rinseroo!


Feature Image Credit: @abc/@christopherwillard