Windcatcher AirPad, created by Ryan Frayne, revolutionized inflatable products with its quick-inflate technology. After appearing on Shark Tank in 2015, the company gained significant attention but didn’t secure a deal.
Despite this, Windcatcher successfully raised over $150,000 through crowdfunding. In 2016, the company was acquired by Cascade Designs, Inc., allowing the technology to reach a broader market.
Tragically, Ryan Frayne passed away in 2018, but his innovative designs live on. Despite reaching a net worth of $6 million in 2022, the hurdles including Ryan’s death ultimately led to the company’s closure.
Windcatcher Airpad Net Worth
| Estimated Net Worth | $2.5 million (Business valuation) |
| Annual sales Revenue | Not available |
| Lifetime Sales | $165,000 (2015) |
| Investor | Lori Greiner |
| Founder | Ryan Frayne |
| Employees | – |
Windcatcher Airpad Pitch on Shark Tank
| Company name | Windcatcher Airpad |
| Product | Innovative air catching mattress pad strainer |
| Episode | Season 7 Episode 6 |
| Founder | Ryan Frayne |
| Asked for | $200,000 for 8% Equity |
| Final deal | $200,000 for 5% Equity |
| Shark | Lori Greiner |
| Location | Brooklyn, New York |
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Windcatcher Airpad Founder
Ryan Frayne founded Windcatcher Airpad in 2014. He passed away from pancreatic cancer in 2018, and his wife, Lori Frayne, operated Windcatcher after his passing. The founder’s net worth is currently unknown.
Key accomplishments
| Year | Accomplishment |
| 2015 | Appeared on Shark Tank season 07 episode 06. Windcatcher was named one of the 12 best gifts for travelers on Shark Tank by Forbes, an influential finance website. |
| 2018 | The founder Ryan Frayne passed way from pancreatic cancer. Lori, his wife and a friend took over the company. |
Conclusion
Some companies that appear on the show have not achieved great success, and the Windcatcher Airpad is one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Windcatcher Airpad went out of business in 2023. And the product is no longer available in the market.
