|SEASON 10 EPISODE 4|
|Pitch||below the belt, male grooming and hygiene products – pubic hair trimmer razor|
|Entrepreneur||Josh King and Steve King|
|Asked For||$500,000 for a 7%|
|Deal||$500,000 for 25%|
|Shark||Lori Greiner and Mark Cuban|
What is Manscaped?
Manscaped is the California-based company specializing in men’s grooming and hygiene products that include uniquely designed tools, formulations and accessories to help men ensure a simple and clean manscaping experience.
Who are the Manscaped Founders?
Manscaped was founded and co-founded by Paul Tran and long-time investor, Steve King and his son Josh. Today, they remain on board the Manscaped team with Paul as CEO, Josh as Brand Manager and Steve as a consultant.
Manscaped was founded in 2017 by Paul Tran after noticing a gap in the market for a consumer product that focused on men’s hygiene.
With the addition of co-founder Steve King to the team, the men went to work on filling that gap and introduced the world’s first dedicated male grooming and hygiene brand to a market of manscapers.
The company initially struggled to find its voice as it attempted to reach its market. After centering their remarketing efforts around the humourous horror stories of manscaping gone wrong, the company found its groove. Manscaped sold out of 3000 kits in 13 days and ended the year with $1.7 million.
In 2018, Steve and his son, Josh King appeared on Shark Tank seeking $500,000 for 7% of Manscaped – a $7.1 Million valuation.
What Happened After Shark Tank Update
Not only is the company saving men from hairy situations, but through their partnership with the Testicular Cancer Society, Manscaped is helping raise awareness around men’s health issues.
Today, Manscaped has risen to the top of the male grooming world through a number of high profiled partnerships. In May 2020, the company joined forces with UFC in a two-year partnership as the Official Electric Trimmer of UFC. More recently, in June 2020 the company announced its multi-year partnership with the San Francisco 49ers.
In just a few short years, the company has expanded its direct-to-consumer range across the US, UK, Australia and Canada but can also be found in big retailers including Best Buy, Target and Amazon.