Swipensnap is a Houston, Texas-based brand specializing in one-hand diaper cream applicator products. The company’s headquarters is located in the Greater Houston Area, Southern US.
The innovative product manufactured by Swipensnap simplifies the process of applying diaper cream to a baby’s skin. Acting as a cap for the diaper cream, it facilitates easy application with just one hand. This applicator is designed to accommodate various sizes of openings in diaper cream containers, ensuring versatility and convenience for parents.
Founder Alina invented this product in 2011; however, due to financial constraints, she was unable to secure a patent for it.
Company Name | Swipensnap |
Founder | Alina Kravchenko |
Founded | 2019 |
Product | one hand diaper cream applicator |
Asked For | $120k for 10% equity |
Final Deal | $120k for 50% equity |
Shark | Kevin O’Leary and Lori Greiner |
Episode (Shark Tank USA) | S12 E11 |
Air Date | Jan 22, 2021 |
Business Status | In Business |
Website | $240K *estimated |
Headquarters | Houston, Texas, United States |
Lifetime Worth (Sales) | $1.2M *estimated |
Go To Amazon | Buy Now |
Watch On | Amazon Prime |
Did Swipensnap Get a Deal on Shark Tank?
During her presentation on Shark Tank, Alina sought a $120,000 investment in exchange for a 10% equity stake in her company. Kevin declined to invest in the company.
Lori and Daniel expressed significant interest in investing in the company. Lori offered to partner with Daniel and invest $120,000 for a 33% equity stake in the company.
Kevin promptly joined the deal, proposing to team up with Lori. Together, they would invest $120,000 for a 50% ownership stake each in the company.
Swipensnap Shark Tank Update
After appearing on Shark Tank, Alina’s product saw a significant increase in sales. In just six months, she sold more than she had in the previous two years. The product received a rating of 4.2 stars on Amazon, showing that it’s doing well. People also left positive reviews for it on Amazon.
Alina has launched a new product called TonerBum, which is a 5-pound Tonerbum Glute Trainer combined with a kettlebell.
As of February 2023, Alina updated her official LinkedIn profile to reflect that she is no longer associated with Better Way Goods. Currently, she is employed as a Marketing Manager at EnQuest Energy Solutions.
What Is The SwipenSnap Net Worth?
SwipenSnap’s estimated net worth is $500k. This data is based on the company’s current valuation and sales data. You can purchase this product, TonerBum, at the Rateller store in Texas, as well as on the online marketplace Amazon and their official website.