Introduction
The Shark Tank is a popular TV show that brings entrepreneurs and investors together. The show has produced some of the most successful businesses in recent times. One such business is Phoozy, a company that specializes in making protective gear for smartphones and other electronic devices. Phoozy made a pitch on the show, and the investors were impressed. In this article, we’ll take a closer look at Phoozy, its Shark Tank update, and how this innovative product made waves on the show.
What Is Phoozy?
Phoozy is a company that makes protective gear for electronic devices. The company’s flagship product is the Phoozy Thermal Capsule. The Thermal Capsule is designed to protect electronic devices from extreme temperatures. The case is made from materials that are used in spacesuits to protect astronauts from the harsh conditions of space. The case can keep your device cool in hot weather and warm in cold weather. The Phoozy Thermal Capsule is a game-changer for people who use electronic devices outdoors.
Phoozy’s Shark Tank Pitch
In season 9 of Shark Tank, Phoozy made a pitch to the investors. The CEO of Phoozy, Kevin Conway, walked into the tank seeking $50,000 for 10% equity in his company. The investors were impressed with the product and its potential. The investors were also impressed with Conway’s experience in the outdoor industry. The investors decided to make an offer, and the deal was struck. Phoozy received $50,000 for 20% equity in the company.
Phoozy’s Shark Tank Update
After the show, Phoozy’s sales increased significantly. The company’s website received a surge in traffic, and the product was featured in several media outlets. The Shark Tank update for Phoozy was a success. The company has experienced exponential growth since its appearance on the show. Phoozy’s success story is a testament to the power of Shark Tank and the impact it can have on small businesses.
Phoozy’s Impact on the Market
Phoozy’s product has had a significant impact on the market for protective gear for electronic devices. The product has received rave reviews from customers and has been featured in several media outlets. The Phoozy Thermal Capsule has become a must-have for people who use electronic devices outdoors. The product has also inspired several other companies to make similar products. Phoozy’s impact on the market is a testament to the quality of its product and the ingenuity of its founder.
Conclusion
Phoozy’s appearance on Shark Tank was a turning point for the company. The show gave Phoozy the exposure it needed to reach a wider audience. The investors’ offer also gave the company the capital it needed to scale up. Phoozy’s success story is a testament to the power of Shark Tank and the impact it can have on small businesses. If you’re looking for protective gear for your electronic devices, the Phoozy Thermal Capsule is the way to go.