Underease Underwear Co-Founders Buck Weimer and Arlene Weimer appeared on Shark Tank Season 1 Episode 6 and asked $55k from the Sharks for 25% equity. No sharks are interested and no one has offered to invest in this business.
What Is Underease Underwear?
Underease Underwear is a product that reduces flatulence. This underwear is made of airtight material, whatever gas comes out will remain inside it and there will be no smell. According to the co-founders, this is a great product for Crohn’s disease.
Company Name | Underease Underwear | |
Founder | Buck Weimer and Arlene Weimer | |
Founded | 2001 | |
Product | flatulence reduces Underwear | |
Asked For | $55k for 25% equity | |
Final Deal | No Deals | |
Shark | No Sharks | |
Episode (Shark Tank USA) | S1 E6 | |
Air Date | Sep 13th, 2009 | |
Business Status | Out of Business | |
Website | Visit Website | |
Headquarters | Los Angeles, California, USA | |
Lifetime Worth (Sales) | $200k *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Underease Underwear?
The co-founders of Underease Underwear Company are Buck Weimer and Arlene Weimer. Both of them are psychotherapists by profession.
How Was The Shark Tank Pitch of Underease Underwear?
Buck Weimer and Arlene Weimer asked the Sharks for $55k for 25% equity after entering Shark Tank. They completely explained this embarrassing business to the sharks, although all the sharks started laughing after hearing this.
They started their business in 2001 and sales had $83,000. Last year’s estimated sales were $37,000 and the year before that the gross sales were $67,000. One Underwear with a filter costs $24.95.
Robert Herjavec refused to invest in this business because the market is small. All the sharks refused to invest in this business.
Sharks Offers list!
Sharks | Offers |
---|---|
Barbara Corcoran | No Offer |
Kevin O’Leary | No Offer |
Robert Herjavec | No Offer |
Daymond John | No Offer |
Kevin Harrington | No Offer |
Founder’s (Countered) | No Counter |
Final Deals | No Deals |
What Happened To Underease Underwear After Shark Tank?
Underease Underwear did not get a deal in Shark Tank. All the sharks refused to invest in this business due to this reason. After this episode aired, Weimer started selling anti-flatulence products from their website.
After this product appeared on national television, their sales increased significantly. This business closed in 2022 due to financial issues.
Underease Underwear Shark Tank Update
Despite this business not getting the deal in Shark Tank, their sales were growing significantly and the founders generated good revenue. This business has now closed and we are not following this company right now.
What Is Underease Underwear’s Net Worth?
Underease Underwear’s net worth is estimated at $0 million. Husband and wife team Weimer entered Shark Tank with a unique product but unfortunately could not get the investment.
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 | $0M *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
N/A | N/A | N/A |
Is Underease Underwear Still In Business?
Right now we do not have much useful information related to this business and we are not following this business and its founder right now.
No, Underease Underwear has been out of Business Since 2022.
frequently asked questions
Who founded Underease Underwear?
Underease Underwear was founded by Buck Weimer and Arlene Weimer.
Did Underease Underwear get a deal on Shark Tank?
No, Underease Underwear didn’t get a deal on Shark Tank.