Founded in 2022 by Rodney Rasmussen and Tanya Rasmussen, SplashZen is a portable splash guard product for bathtubs. While bathing kids and pets in the bathtub, water will not come out due to the attachment of the splash guard.
When their 2nd and 3rd kids started playing with water in the bathtub, there was major water damage in this bathroom and to solve this, SplashZen was born. To make this product, they spent 3 years in planning and designing. After the product was launched, its video went viral on TikTok.
They wanted to expand this product nationally, so they appeared on Shark Tank Season 15 Episode 14 and asked the Sharks for $100k for 10% equity at a $1 Million Valuation. They need an experienced investor like Sharks who can increase the sales of the product.
What Is SplashZen?
SplashZen is a splash guard for bathtubs. This product is flexible and its plastic sliding doors get attached to both the side walls of the bathtubs. This creates a barrier that stops water from getting into the floor but not completely.
The cost of the product is $99 and it can be used while bathing kids and dogs. To attach the product to the bathtubs, hooks will have to be installed on both the side walls of the bathtubs.
Company Name | SplashZen | |
Founder | Rodney Rasmussen and Tanya Rasmussen | |
Founded | 2022 | |
Product | Splash Guard Product for Bathtubs | |
Asked For | $100k for 10% equity | |
Final Deal | $100,000 for 14% equity, + a $100,000 line of credit | |
Shark | Barbara Corcoran | |
Episode (Shark Tank USA) | S15 E14 | |
Air Date | Feb 16, 2023 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Greater Seattle Area, Washington, USA | |
Lifetime Worth (Sales) | $1M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of SplashZen?
Tanya Rasmussen is the founder and CEO of SplashZen Company. In 2022, Tanya started this company with the support of her husband Rodney. Rodney is currently working as a Senior Product Marketing Manager in a remote company.
Before joining the job, he was also the co-founder of the fitness company Evolve Fitness Utah.
SplashZen Shark Tank Update
Rodney and Tanya gave a very good presentation in Shark Tank and also explained the features of the product. After this episode aired, thousands of visitors came to the company’s shop site together and this must have generated sales.
What Is SplashZen’s Net Worth?
SplashZen’s net worth is estimated at $0.5 million. The global market size of the bathtub industry in 2022 was USD 10.2 billion and this industry is continuously growing. However, there is still a lot of competition in this industry.
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 |
2024 | *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
2023 | $100k | Barbara Corcoran |
Is SplashZen Still In Business?
This business is still in the initial stage and to increase the sales of the product, the founder will have to focus on marketing. According to us, social media can be the best option for marketing this product.
The headquarters of this business is Greater Seattle Area, Washington, United States, and 1-2 people are working in it.
Yes, SplashZen is still in business as of February 2024.
frequently asked questions
Who is the Founder of SplashZen?
SplashZen was founded by Rodney Rasmussen and Tanya Rasmussen.
Did SplashZen get a deal on Shark Tank?
Yes, SplashZen get a deal on Shark Tank