Jax Sheets are copper-infused, silky cotton sheets designed specifically for men. Made from breathable bamboo fiber, they are softer and more sustainable than traditional cotton.
These sheets are infused with silver for antibacterial properties, catering to men who may not wash their sheets frequently. Thanks to the silver infusion, the sheets stay cleaner for longer, even with extended use.
| Company Name | Jax Sheets |
| Founder | Wen Muenyi |
| Product | Copper Infused Silky Cotton Sheets for Men Who Don’t Wash Their Sheets |
| Asked For | $212k for 10% Equity |
| Final Deal | No Deal’s |
| Shark | No Shark |
| Episode (Shark Tank USA) | S12 E13 |
| Air Date | February 12, 2021 |
| Business Status | In Business |
| Net Worth | $1 Million *estimated |
| Website | Visit Website |
| Address | St Paul, Minnesota, United States |
| Go To Amazon | Buy Now |
Another Shark Tank Pitch
Who Is The Founder Of Jax Sheets?
Wen Muenyi is the founder and CEO of HercLeon, the parent company of Jax Sheets, with a vision to create a future with minimal laundry.
He earned a Bachelor of Arts in Marketing from the University of West Florida and initially worked in various companies. In 2018, he co-founded Rheabelle, a sleep technology company. In August 2016, he launched HercLeon, which focuses on producing affordable, innovative bed sheets.
Did Jax Sheets Get a Deal on Shark Tank?
On Shark Tank, Wen Muenyi, founder of Jax Sheets, pitched for $212,000 in exchange for 10% equity.
Muenyi also owns HercLeon, which sells both sheets and T-shirts on hercleon.com. While the products use similar technology, each is made from different materials. The company’s customer acquisition cost is approximately $33, with an average sale of $148, yielding a profit margin of $70 per sale.
During his pitch, Muenyi disclosed that most of his sales were through crowdfunding and that he had sold $270,000 worth of T-shirts this year. Operating from his garage, he valued the business at $2.1 million, though he admitted it might be closer to $1.8 million.
The Sharks ultimately decided that Jax Sheets was not investable due to limited sales beyond Kickstarter.
Jax Sheets Shark Tank Update
Jax Sheets did not secure a deal on Shark Tank due to a lack of sales outside crowdfunding and questions around its valuation.
However, after the episode aired, the business saw a temporary boost in sales. Originally targeting a niche market, the founder has since expanded Jax Sheets into multiple product categories. As of July 2022, orders for Jax Sheets are being taken through the company’s website.
By 2022, Jax Sheets was projected to reach up to $1 million in revenue, marking over a year since its Shark Tank appearance.
Jax Sheets’ net worth is estimated to be $1 million.
