Sheets Laundry Club is a business that offers sustainable laundry detergent sheets, kitchen products, and self-care items. The “Detergent Sheets” come in two variants: Fresh Linen and Free & Clear (Unscented). They are safe, gluten-free, and vegan.
The company has added two more laundry products: Wash Scent Boosters and Dryer Sheets. The prices are $14.99 for the detergent sheets, $7.64 for the scent boosters, and $5.09 for the dryer sheets.
The Wash Scent Boosters come in four scents: Sandbar, Lavender, Uncharted Waters, and Sea Breeze. These products are made in the United States.
In the kitchen category, the company offers Dishwasher Detergent, Handcrafted Solid Dish Soap, and Floor Cleaner. Additionally, it makes natural deodorant, handcrafted shampoo bars, soap, and other self-care items.
All of the company’s products come with 100% plastic-free packaging. They offer both one-time payments and subscription options. You can purchase their products on Amazon or through their official website.
| Company Name | Sheets Laundry Club |
| Founder | Chris Videau and Chris Campbell |
| Founded | Dec 2019 |
| Product | sustainable laundry detergent sheets |
| Asked For | $500k for a 5% equity |
| Final Deal | $500k for 8% equity + 2% advisory shares |
| Shark | Daniel Lubetzky |
| Episode (Shark Tank USA) | S13 E7 |
| Air Date | Nov 19, 2021 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Mooresville, North Carolina, United States |
| Lifetime Worth (Sales) | $9.2M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Another Shark Tank Pitch
How Was The Shark Tank Pitch Of Sheets Laundry Club?
Chris Videau and Chris Campbell appeared on Shark Tank seeking $500k for a 5% equity stake in their business. Videau shared their journey, highlighting his military background.
The company offers 46 different SKUs and 30 products. They started selling in 2020, and so far, their total sales have reached $2.046 million. Their laundry sheets have been the best-sellers, accounting for $1.2 million of that total.
In addition, they have signed an exclusive agreement with Kimberly-Clark, which holds the patent for dissolvable laundry detergent sheets. The company pays royalties to Kimberly-Clark under this agreement, which runs until October 2024.
Barbara Corcoran said, “You are not persuasive,” and chose not to invest. Kevin O’Leary added, “She just called both of you the worst salesmen she’s ever seen on Shark Tank.”
Videau mentioned they were on track to reach $7 million in sales in 2021, with a 24% profit margin. They have 21,000 monthly subscribers, generating $3 million in recurring annual revenue.
The company is working with the CPG Group and plans to be listed in Target stores by April. Daniel Lubetzky made an offer of $500k for a 10% equity stake. However, Videau and Campbell said they could not go above 8%.
Lubetzky countered with an offer of $500k for 8% equity plus 2% advisory shares, which they accepted.
Finalize: Daniel Lubetzky invest $500k in “Sheets Laundry Club” for 8% equity + 2% advisory shares
What Happened To Sheets Laundry Club After Shark Tank?
Sheets Laundry Club secured a deal on Shark Tank, with Daniel Lubetzky investing in the company. Lori Greiner, however, disagreed with the valuation and chose not to invest.
After the episode aired, many viewers shared their opinions on Twitter.
Daniel posted a video featuring the Sheets Laundry product on his Twitter account, stating that while most people liked the product, its high cost was a concern.
He suggested that if the price were lowered, sales could potentially increase. Videau responded that they plan to expand their product line by 2023.
Love @sheetslaundry but their brand name was dicey territory for my Mexican accent. Glad I made it through the segment without getting bleeped! #SharkTank
@DanielLubetzky
The company intends to add home cleaning products, including kitchen, bathroom, and household items, in the future.
In October 2022, the company partnered with Samaritan’s Feet and the YMCA for the “Corey LaJoie’s Kickball Klassic” charity event.
By June 2022, Sheets Laundry Club’s products were available in more than 261 Harris Teeter stores across the U.S.
Co-founder and CEO Chris Videau stated on Shark Tank that they expected to make $7 million in sales by 2021, though no evidence of this has been confirmed yet. Despite this, the company received positive responses on Twitter following the show, which could contribute to future sales growth.
The detergent sheets are available on Amazon, the company website, and in Harris Teeter retail stores. The product is performing well on Amazon.
As of December 2022, there is no confirmation that Daniel Lubetzky has finalized the deal.
We’ll continue to follow updates from Chris Videau, Chris Campbell, and their company.
What Is Sheets Laundry Club Net Worth?
This laundry business appeared on Shark Tank with a $10 million valuation, but most of the sharks disagreed with it. However, the company’s annual sales rate is strong, and the founder projected that sales would increase from $2 million to $7 million within a year.
Yes, Sheets Laundry Inc is still in business as of December 2022.
