If you watched Shark Tank Season 15, you might remember Stormbag, a sandless sandbag alternative that impressed the sharks with its innovative design and performance. Stormbag is a product of StormTec USA, a company founded by Maurice Huffman and his son Miles Huffman, who lost their home and business in the devastating Paradise fire in California.
Stormbag is a lightweight and easy-to-use bag that can absorb up to 300 times its weight in water, creating an instant barrier against floods and storms. Unlike traditional sandbags, which are heavy, bulky, and require a lot of labor and resources to fill and deploy, Stormbag can be activated by simply soaking it in water for 3 to 5 minutes. Each bag weighs only one pound when dry, but expands to 30 to 35 pounds when wet, making it a convenient and efficient option for anyone in need of quick and effective flood protection.
Stormbag has been used not only for residential purposes, but also for commercial applications such as damming rivers, mitigating water damage at worksites, and soaking spills and leaks. The product has also earned recognition and approval from various agencies and organizations, such as Homeland Security, FEMA, the National Guard, and more.
So, what happened to Stormbag after Shark Tank? Did they get a deal with the sharks? And how is the company doing now? Here’s everything you need to know about Stormbag’s Shark Tank journey and update.
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Stormbag Shark Tank Pitch
Maurice and Miles Huffman entered the Shark Tank in episode 2 of season 15, seeking $200,000 for 10% equity in their company. They began their pitch by demonstrating how their product works, using a bucket of water and a Stormbag. They explained that each bag is made of an absorbent polymer that can hold up to 300 times its weight in water, creating a solid barrier that can last for weeks or months.
The father-son duo then shared their backstory, revealing that they were from Paradise, California, where they lost everything in the catastrophic fire that destroyed the town. They said that they decided to rebuild their lives by working together on Stormbag, which was inspired by Maurice’s experience as a contractor and his knowledge of flood control.
They also revealed their sales numbers, saying that they made $90,000 in the previous year, selling each bag for $5.50 at a cost of $2. They added that they had a patent pending on their product, and that they had secured some contracts with government agencies and large corporations.
The sharks were impressed by the product and the entrepreneurs’ story, but they had some questions and concerns about the business. Kevin O’Leary was the first to bow out, saying that he didn’t see a big enough market for the product. Daniel Lubetzky was also skeptical about the scalability and profitability of the business, saying that he didn’t think it was worth $2 million. He also dropped out.
Daymond John was more interested in the product, saying that he liked its simplicity and effectiveness. He made an offer of $200,000 for 30% equity, saying that he could help them with distribution and marketing. Mark Cuban was also intrigued by the product, saying that he saw a lot of potential applications for it. He matched Daymond’s offer of $200,000 for 30%, adding that he could leverage his connections with sports teams and arenas to promote the product.
Lori Greiner was the last shark to make an offer. She said that she loved the product and the entrepreneurs’ story, and that she could help them with retail and QVC exposure. She also offered $200,000 for 30%, but with a twist: she suggested partnering with Mark Cuban to split the deal.
Maurice and Miles Huffman were thrilled by the offers from the sharks, but they had to make a decision. They asked Mark Cuban if he was willing to partner with Lori Greiner, and he agreed. They then accepted their joint offer of $200,000 for 30% equity, securing a deal with two sharks.
Stormbag Shark Tank Update 2024
Since appearing on Shark Tank, Stormbag has been doing well and growing its business. According to their website, they have expanded their product line to include different sizes and kits of Stormbags for various needs and situations. They have also improved their manufacturing process to reduce their costs and increase their production capacity.
Stormbag has also received positive feedback and testimonials from customers who have used their product for flood protection and other purposes. They have also continued to work with government agencies and large corporations to provide them with reliable and cost-effective solutions for water management.
Stormbag has also been featured in various media outlets and publications, such as Forbes, ABC News, and The Weather Channel, showcasing their product and their story. They have also been recognized as one of the best inventions of 2023 by Time Magazine, and one of the top 10 innovations of 2024 by Popular Science.
Stormbag has also been active on social media, where they have been sharing updates, news, and tips on their product and flood preparedness. They have also been engaging with their followers and fans, answering questions and providing support.
Stormbag has proven to be a successful and innovative product that has revolutionized the flood protection industry. With the help of Mark Cuban and Lori Greiner, the company has been able to grow and reach new heights. Stormbag is not only a product, but also a mission to help people protect their homes and businesses from the devastating effects of floods and storms.