HairyGrabster is worth somewhere around $500,000. That is an estimate rather than a reported figure, because the business is a small family company that has never published its revenue or profit. The one number on the record comes from the show itself. When Andy and Patty Watne walked into the Tank in March 2021 and asked for $75,000 in exchange for 20% of the business, they priced HairyGrabster at $375,000.
They left without a deal. The company kept going anyway, and it still sells its shower hair catcher today.
What is HairyGrabster worth today?
Call it $500,000, give or take. That figure rests on three things you can actually check: the $375,000 the founders set themselves, the jump in orders that followed the broadcast, and the handful of products the company has added since. None of it suggests a business that has multiplied in size. It suggests a small operation that has grown a little each year and held on.
It helps to be clear about what a company net worth means here. It is not the founders’ personal wealth, and it is not money sitting in a bank account. It is a rough guess at what the whole business would fetch if someone bought it, taking in the product, the brand, the patents and how much it sells each year. For a family LLC built around one item that retails under $15, that number stays modest even when the item works well.
The founders’ own finances are a separate question, and a private one. Andy and Patty funded the company out of their own pockets, paying for patents, molds and marketing without raising a round or running a crowdfunding campaign. Any money the business has made has gone back into stock and new products rather than into a payday.
The honest summary: $375,000 is the only valuation anyone can point to. Anything above it is an estimate, and a figure close to half a million fits the size of the business.
The numbers behind the Shark Tank pitch
HairyGrabster appeared on Shark Tank Season 12, Episode 18, which first aired on ABC on March 26, 2021. Here is what the founders put in front of Mark Cuban, Barbara Corcoran, Kevin O’Leary, Lori Greiner and Daymond John.
| Detail | Figure |
|---|---|
| Investment asked for | $75,000 |
| Equity offered | 20% |
| Valuation this implies | $375,000 |
| Cost to make one unit | $1.30 |
| Retail price at the time | $9.95 |
| Total sales before the pitch | $600 |
| Outcome | No deal |
The $600 is the line that decided the episode. At a retail price of $9.95, that works out to about 60 units sold in total since launch. The margin was healthy, roughly 87% before shipping and ads, but there was almost no proof anyone wanted to buy. Asking for $375,000 on top of that was a stretch, and the Sharks treated it as one.
What HairyGrabster actually is
It is a soft silicone pad covered in hundreds of small bristles that sticks to your shower wall with suction cups. You swipe a hair-covered hand across it, the bristles catch the strands and hold them, and when you are finished you peel the clump off and drop it in the trash.
The point is to stop hair before it ever reaches the drain, rather than fishing it out afterward. Most people shed between 50 and 100 hairs a day, and a good share of those come loose while shampooing. Wet hair sticks to hands, then to walls, then works its way down the pipe.
The idea came from a flooded bathroom. The Watnes pulled a large plug of hair out of their own shower drain, decided the problem needed a proper fix, and spent a long stretch of trial and error building one. They tell the story briefly on the HairyGrabster about page. The product sells under The Watne Group LLC, the company Patty set up in 2018 after roughly 30 years working in flower shops.
Why all five Sharks said no
Each Shark had a different reason, and only one of them was about the product itself.
- Kevin O’Leary already had money in DrainWig, a rival hair-catching product, and did not want a competitor reaching shelves.
- Daymond John felt the business had too much still to work out and too little data to judge it by.
- Barbara Corcoran did not think shower hair was a big enough problem to build a company on.
- Lori Greiner saw the market as too narrow.
- Mark Cuban liked the product but said it was not a fit for him, and suggested the Watnes push influencer marketing instead of the Facebook ads that were losing them money.
Put together, the objections were mostly about timing and traction, not about whether the thing worked.
What happened after the episode aired
Sales moved fast. In the days right after the broadcast the company sold more than 2,000 units, worth roughly $20,000 at the price it was charging then. That is more than 30 times its entire sales history up to that point, done in under a week.
The exposure also pushed the product into more places to buy. HairyGrabster went on sale through Amazon, Walmart’s website and Zulily alongside its own store, and the family added a violet butterfly shaped version to sit next to the original white and blue pads. A second product followed later: BottleGrabsters, a set of waterproof bands that label shampoo and conditioner bottles.
What did not follow was the kind of runaway growth that turns a $375,000 valuation into a multi-million one. Orders settled back down after the television spike, which is the normal pattern, and the company has stayed small and self-funded.
What HairyGrabster sells today
The catalog is short and the prices are low, which is exactly why the valuation stays where it is.
| Product | Price |
|---|---|
| HairyGrabster single pad (white, blue or violet butterfly) | $12.95 |
| HairyGrabster 2-pack | $21.95 |
| BottleGrabsters, 6 waterproof bottle bands | $11.95 |
Prices come straight from the company’s own online shop, which offers free shipping within the mainland United States. The single pad has crept up from the $9.95 shown on television to $12.95, a rise that tracks manufacturing and shipping costs over the past few years.
Run the math and the shape of the business becomes clear. Selling 10,000 pads in a year at $12.95 brings in about $130,000 before costs. A small products company usually changes hands for something between one and three times its annual sales, which lands you near the half-million mark. That is the arithmetic behind the estimate at the top of this page.
Is HairyGrabster still in business?
Yes. The website is live and taking orders, the product is still listed with major online retailers, and the range has grown rather than shrunk since the show.
It remains a side business rather than a full-time empire. Andy has kept his career in project management, and the company runs on the family’s own money instead of outside investment. For a product that was rejected by five investors on national television, staying on sale for more than five years afterward counts as a decent result.
Two things could move the number meaningfully. The first is shelf space in a national chain, since a low-cost bathroom item lives or dies on how many shoppers walk past it. The second is a wider range, and BottleGrabsters is a first step in that direction. Without one of those, a one-product business at this price point tends to hold steady rather than climb.
Frequently asked questions
Did HairyGrabster get a deal on Shark Tank?
No. All five Sharks passed on the $75,000 for 20% offer in Season 12, Episode 18. Kevin O’Leary had already invested in a competing product, and the others pointed to weak sales and a market they thought was too small.
How much was HairyGrabster valued at on Shark Tank?
$375,000. Andy and Patty Watne asked for $75,000 in exchange for 20% of the business, which sets the value of the whole company at $375,000. That valuation stood, since no investment was made.
How much money had HairyGrabster made before the show?
About $600 in total sales. Each pad cost $1.30 to produce and sold for $9.95 at the time, so the margin was strong, but the company had sold only around 60 units before filming.
Where can you buy HairyGrabster now?
From the company’s own website, plus Amazon and Walmart online. A single pad is $12.95 in white, blue or violet butterfly, and a two-pack is $21.95.
Are Andy and Patty Watne millionaires from HairyGrabster?
No. The company is a small family LLC with one main product line and no outside investment. Its estimated value sits near $500,000, which is the business itself rather than the founders’ personal wealth.
Conclusion
HairyGrabster sits at roughly $500,000 today, built up from the $375,000 valuation the Watnes put on it during their 2021 pitch. No Shark invested, but the episode turned $600 of lifetime sales into more than 2,000 units in a week and opened up retail listings the family could not have reached alone. The business is still trading, still family owned, and still selling silicone hair catchers at under $22 a pack.
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