Hairfin, a hair cutting tool company featured on Shark Tank Season 13, Episode 20, received a major boost after appearing on the show. Founded by Tony Litwinowicz, Hairfin offers a unique tool designed to make haircuts easier and more precise by measuring and cutting hair to the desired length.
During the Shark Tank pitch, Hairfin asked for $25k in exchange for 20% equity. The deal was finalized with Daymond John, who invested $25k for a 30% equity stake in the business.
Post-Shark Tank Success
After the Shark Tank episode aired on April 15, 2022, Hairfin experienced a significant surge in sales, showing the positive impact of the show on the company.
Within the same week of airing, Hairfin’s sales spiked, leading to an estimated lifetime worth of $500k in sales.
Current Status
As of October 2024, Hairfin is still in business and valued at approximately $0.7 million.
The company continues to offer its innovative hair cutting tools, which have gained attention for their ability to make precise, effortless haircuts.
Where to Buy
Hairfin products are available for purchase on Amazon. It’s appearance on Shark Tank helped boost its visibility and sales, proving to be a successful partnership with Daymond John.
The company remains in operation and continues to grow its customer base.
