SoaPen Shark Tank

Handwashing Soap for Kids

SoaPen Shark Tank

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SoaPen, a child-friendly soap dispenser that doubles as a marker, is a Shark Tank product that has captured the attention of parents, educators, and healthcare professionals alike. Here’s a deep dive into what makes SoaPen so innovative and impactful.

The Origins of SoaPen

SoaPen was created by Shubham Issar and Amanat Anand, two passionate industrial designers who recognized a global challenge: improving hand hygiene among children. During their design studies at Parsons School of Design, the pair became aware of the alarming rates of preventable illnesses caused by poor handwashing practices. With their combined creativity and a mission to make hygiene fun, SoaPen was born.

The idea was simple yet powerful: a soap-filled pen that allows children to draw on their hands before washing them off, ensuring a thorough cleaning process. This approach not only encourages proper hygiene but also turns it into an engaging activity for kids.

SoaPen Shark Tank

Unique Design of SoaPen

SoaPen stands out because of its innovative and kid-friendly design. Here’s how it works:

  • Marker-Like Functionality: SoaPen allows children to draw colorful designs on their hands. The bright, non-toxic ink ensures that every part of their hands is covered with soap.
  • Educational Fun: The drawing process engages children, making handwashing less of a chore and more of an enjoyable routine.
  • Portable and Mess-Free: SoaPen is compact and spill-proof, making it ideal for school bags, travel kits, and busy parents on the go.

SoaPen Shark Tank Experience

SoaPen made its appearance on Shark Tank during Season 13, Episode 6. The founders pitched their product with passion and clarity, highlighting its potential to address public health challenges while creating a positive impact on families worldwide.

Shark Tank Summary

Season and Episode
Season 13, Episode 4
Air Date
October 29, 2021
Entrepreneurs
Amanat Anand and Shubham Issar
Product
A colorful, pen-shaped soap dispenser that encourages kids to draw on their hands, ensuring they wash thoroughly. This creative approach aims to promote better hygiene habits among children.
Investment Sought
$100,000
Equity Offered
10%
Valuation
$1 million
Initial Sales
$85,000
Retail Plans
A three-pack of SoaPens is priced at $14.99, with a manufacturing cost of $4.30 per pack, resulting in a 40% profit margin. Marketing efforts were primarily focused on Amazon advertising.
Shark Reactions
Initially, all the sharks declined to invest, citing concerns about the early stage of the business.
Bidding War
After the founders left the tank, guest shark Nirav Tolia reconsidered and offered $100,000 for 10% equity, along with a $1 royalty per unit sold until he recouped $200,000.
Final Deal
Nirav Tolia offered $100,000 for 10% equity, along with a $1 royalty per unit sold until he recouped $200,000, which was accepted.

*After the filming of a Shark Tank episode, investments are subject to thorough audits and evaluations. During this time period, the terms of the investment can be altered or canceled by either party. As a result, the deals presented on the show may not always come to fruition for various reasons. This site does not guarantee the accuracy of any final investment figures.

Why SoaPen Matters

SoaPen isn’t just another hygiene product; it’s a tool for change. Here’s why it’s making waves:

  • Health Impact: Encouraging handwashing helps prevent the spread of germs and reduces the risk of illnesses, especially in schools and daycare centers.
  • Parental Support: Parents often struggle to get children to adopt proper hygiene habits. SoaPen solves this problem by gamifying the process.
  • Affordability: With its cost-effective pricing, SoaPen ensures accessibility for a wide range of families, contributing to its social mission.
SoaPen Shark Tank

Where to Buy SoaPen

SoaPen is available on its official website and major online marketplaces like Amazon. The product comes in vibrant colors and is sold individually or in multi-packs, catering to different household needs. The brand also offers subscription options, ensuring parents never run out of this essential item.

The Future of SoaPen

Since its Shark Tank debut, SoaPen has gained significant traction. The founders continue to innovate, working on expanding their product line and reaching global markets. Their ultimate goal is to make handwashing fun and accessible for every child, regardless of location or socioeconomic background.

Final Thoughts

SoaPen is a perfect example of how a simple yet creative idea can make a profound impact. By transforming hand hygiene into an enjoyable activity, SoaPen is teaching children the importance of cleanliness in a way that sticks. Whether you’re a parent, teacher, or simply someone who values public health, SoaPen is a product worth exploring.

SoaPen Shark Tank

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FAQs

What is SoaPen?

SoaPen is a soap-filled pen that allows children to draw on their hands with colorful soap. The fun drawing activity encourages kids to wash their hands thoroughly, promoting better hygiene habits.

How does SoaPen work?

Children use SoaPen to draw on their hands, covering them with colorful soap markings. They then wash their hands, scrubbing off the drawings, which ensures they clean their hands properly and for an adequate amount of time.

Is SoaPen safe for children?

Yes, SoaPen is designed with children’s safety in mind. The soap is non-toxic, gentle on the skin, and free from harmful chemicals, making it safe for regular use by kids.

Where can I purchase SoaPen?

SoaPen is available for purchase on its official website and on major online retailers like Amazon. They offer various purchasing options, including individual pens and multi-packs.

What age group is SoaPen suitable for?

SoaPen is suitable for children aged 3 and above. It’s an excellent tool for parents and educators to teach young kids the importance of hand hygiene in a fun and engaging way.