ShredSkinz is the world’s first single-use recyclable Sauna Suit. Made from eco-friendly materials, this suit is sensitive skin-friendly and comes in multiple colors including Black, Green, and Pink.
As it is a single-use sauna suit, you can dispose of it once you are done with your workout. Sauna suits offer many health benefits, but this suit is not suitable for everyone.
It can be risky for people above 65 years of age, children, and those with high blood pressure. After wearing the suit, one must drink plenty of water as excessive sweating can lead to dehydration, heat stroke, and heat exhaustion.
You can purchase this suit through a subscription model or as a one-time purchase. In the subscription model, you will receive a 20% discount, with options available for delivery every week, every two weeks, or every month, priced at $19.
A pack of 5 ShredSkinz suits will cost you $24.99 for a one-time purchase. If you wish to cancel or modify your subscription, you can do so by contacting the team.
| Company Name | Shredskinz LLC | |
| Founder | Kalaii Griffin II | |
| Founded | Oct 2020 | |
| Product | World’s 1st single-use recyclable Sauna Suit | |
| Asked For | $60K for a 20% equity | |
| Final Deal | $60K for a 20% equity | |
| Shark |  Mark Cuban | |
| Episode (Shark Tank USA) | S14 E8 | |
| Air Date | Dec 2, 2022 | |
| Business Status | Out of Business | |
| Website | Visit Website | |
| Headquarters | Austin, Texas, US | |
| Lifetime Worth (Sales) | $1.8M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of ShredSkinz?
The founder and CEO of Shredskinz LLC Company is Kalaii Griffin II. He started the company in Dallas in October 2020.
Griffin completed his Bachelor’s degree in Communications, General, from The University of Texas at El Paso. Before pursuing his studies, he worked as a sales representative at Berlin City Nissan of Portland for 1 year.
Griffin joined Rapid7 in April 2022 as a business development representative.
How Was The Shark Tank Pitch Of ShredSkinz?
He asked the sharks for $60,000 for a 20% equity. He said one of his videos on TikTok has 16-17 million views, and his average views every week are in the millions. He started in October 2020, and in two months, he made $15,000 in sales.
He achieved $190,000 in sales in 2021. So far in 2022, his sales have reached $100,000, and he is projecting to reach $250,000 in sales by the end of the year. Last month, his revenue was $23,000, with a $5,000 profit. Mark commented that it’s not even that bad.
He currently has $35,000 worth of inventory, which he purchased for $8,000. The cost of a 5-pack suit is $4.17, and it is sold for $19.99. He can order a minimum of $10,000 worth of products from the maker.
Kevin O’Leary stated that he does not see any room to invest, so he’s out. Lori Greiner mentioned that she doesn’t think this product is suitable for her, so she’s out as well.
Daniel Lubetzky offered $60k for a 20% equity stake, and Mark Cuban matched the offer with $60,000 for the same equity. The entrepreneur needs this money for manufacturing and inventory. Kalaii finalized the deal with Mark.
Finalize: Mark Cuban Invest $60K in ‘Shred Skinz’ for 20% equity.
ShredSkinz Shark Tank Update
Kalaii, who has also married and has a son, desires to ensure that his son doesn’t face the same struggles he did in life.
Regarding this business, Lori made a tweet on Twitter, she said,
Entrepreneurs can take a nugget of the simplest idea & turn it into something great!
Lori
Daniel Lubetzky was highly impressed by the business idea and the founder’s honesty, so much so that he tweeted about it on Twitter.
How could you NOT want to partner with Kalei and @ShredSkinz ? This guy is so honest and has tons of grit, which are some of the foremost qualities I look for in an entrepreneur.
Daniel
People have shared their opinion about this product on Twitter, some people say it is a cool product. WWE superstar, dancer Maxxine(Sydney Zmrzel) posted the Kalaii pitch on her story after the episode aired on Shark Tank.
Many people have ordered this suit after the show aired. Designer Eunique Nichole even posted on her Instagram about ordering a Shred Skinz suit.
What Is ShredSkinz Net Worth?
ShredSkinz’s estimated net worth is $1 million. This data is based on the company’s lifetime sales and current valuation. The business is currently based in Austin, Texas, United States, and is operated solely by Griffin.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2020-23 | $1.8M *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| 2022 | $60k | Mark Cuban |
