Windcatcher Airpad, The Innovative air catching mattress pad, was started by Ryan Frayne in 2014. Windcatcher Airpad net worth is $4 Million in 2015 based on the Shark Tank deal.
In 2015 they appeared on Season 7 of Shark Tank USA and made a deal with Lori Greiner, $200,000 for 5% Equity.
As of 2023, the legal battle with Cascade Designs and Ryan’s terminal cancer diagnosis has rendered the company non-operational. The current net worth of Windcatcher remains undisclosed due to the company’s closure.
Windcatcher Airpad Net Worth Timeline
Net Worth 2023 | N/A |
Net Worth 2022 | 6 Million USD |
Net Worth 2021 | 6 Million USD |
Net worth 2015 after appearing on Shark Tank | 4 Million USD |
Net worth 2015 before appearing on Shark Tank | 2.5 Million USD (business valuation) |
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 |
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.
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.
Don’t miss these shark tank products of season 7. DUDE Wipes, Rags to Raches
Leave a Reply
View Comments