The VaBroom is a broom that comes with a vacuum. It is a 2-in-1 product it contains a vacuum which picks up the dust collected by the broom. VaBroom is a new innovative product and a great example of new technology.
This is rechargeable broom and lithium battery is used in it. This is a unique broom which collects dust from the floor without using a vacuum cleaner machine.
The founders of this business, Trevor Lambert and John Vadnais, both are entrepreneurs and have been doing different businesses for many years.
VaBroom is a new invention product from Enhance Innovations Company. Enhance Innovations Company was launched by Trevor in 2010 and John joined the company in 2016.
Trevor and John appeared on Shark Tank Season 13 Episode 11 and asked the sharks for $350,000 for a 2.5% equity at a $14 Million Valuation.
What Is VaBroom?
The VaBroom is a broom integrated with a vacuum. This is a new tech product from Enhance Innovations Company. This company was launched in 2010.
This product looks like a broom but works as a broom as well as a vacuum. It sucks the dust collected from the broom.
Lithium battery has been used in it and it is rechargeable. It is completely cordless along with being lightweight. To use this product you have to follow 3 steps Sweep, Suck and See-Ya. The price of this product is $59.99 and it is available on Amazon.
|Company Name||VaBroom (Enhance Innovations)|
|Founder||Trevor Lambert and John Vadnais|
|Product||2 in 1 broom with vacuum|
|Asked For||$350k for 2.5% Equity|
|Final Deal||$350K for a royalty of $3 per unit until $700k is paid 2.5% of the design firm|
|Episode (Shark Tank USA)||S13 E11|
|Air Date||Jan 14, 2022|
|Business Status||In Business|
|Headquarters||Champlin, Minnesota, United States|
|Lifetime Worth (Sales)||$5.7M *estimated|
|Go To Amazon||Buy Now|
|Watch On||Amazon Prime|
Another Shark Tank Pitch
Who Is The Founder Of VaBroom?
VaBroom is a product of Enhance Innovations Company. The founders of this company are Trevor Lambert and John Vadnais. Enhance Innovations is a design services company and designs a wide range of products.
Trevor started a marketing and licensing company named Lambert Licensing after completing his studies from “University of St. Thomas”.
John completed his MBA from Bemidji State University. He is the President of Vadco Innovations, That’s Epic! dba Sauce Toss business.
VaBroom Before Shark Tank
This business idea came in 2016, the product prototype was made in June 2017 and the final product was made in 2019.
After the VaBroom product was created, the founder launched a 30-day campaign on Kickstarter on March 6, 2019, with a goal of $50,000.
At the end of 30 days, they raised an amount of $74,494 from 1,378 backers. By December 2020, they had shipped all the products to the consumer. As of January 2021, Enhance Product Development Company has launched 371 projects on Kickstarter.
They raised a total of $78,350 on the IndieGogo platform. This product is approved by many supermarket chains such as Walmart, Target, Lowes, Bed Bath & Beyond and many more.
How Was The Shark Tank Pitch Of VaBroom?
Trevor Lambert and John Vadnais enter Shark Tank with VaBroom Products and ask the Sharks for $350,000 for 2.5% equity. They explained how their broom product works by dropping snacks on the Shark Tank show.
Kevin O’Leary used this product and found it cool. In previous years, they made $3.1 million in sales. They are projecting to do $5 million in sales in 2021. They sell online in D2C and now they have started retail.
The landed cost of the product is $17, $37 wholesale cost and $59.99 retail. Their profit is estimated at $300,000 in $3.1 million sales. They have international patent pending and design patent.
John has invested $200,000 in this product so far. Their is a self-funded company. Peter Jones said he can’t believe this issue is so big, he’s out. Daymond John said that he is not feeling right, he is out.
Kevin O’Leary made an offer of $350K for a royalty of $3 per unit until $700k is paid 2.5% of the design firm. Lori Greiner said there’s a lot of competition, so she’s out.
Trevor did counter $700K for a royalty of $3 per unit until $700K is paid + 5% of the design firm. Kevin said no. The founder agreed to Kevin’s offer.
Finalize: Kevin O’Leary invests $350K for a royalty of $3 per unit until $700K is paid + 2.5% of the design firm.
What Happened To VaBroom After The Shark Tank?
VaBroom got a deal on Shark Tank. Kevin did royalty deal in this tech product. This product has a very good selling rate and comes with a unique design.
In 2021 the co-founder projects that they will do an estimated $5 million in sales. After this episode aired, sales of this product reached thousands of dollars within a few weeks.
Many people shared their opinion about this product on Twitter, some people said that it is a great product.
Tiktok user @maizimmy shared a video on Tiktok in which she said that she regretted buying VaBroom. This product was broken within 6 months of using it.
VaBroom Shark Tank Update
Kevin O’Leary invested in VaBroom and it was a royalty deal. After the airing of this episode of Shark Tank, the sales of this product must have gone up.
As of January 2023, no evidence has been found yet. Kevin O’Leary has closed the deal. So far, not much information has been received about this business.
We’re following Trevor Lambert and John Vadnais along with their company for further updates.
What Is VaBroom Net Worth?
VaBroom was worth $14 million. Kevin took 2.5% equity in the design firm. This product creates a new category of broom and vacuum mix. Recently, similar products like this VaBroom have come in the market with less price like Yosoo.
There are many people who need this product and people can clean their house or car etc. without bending down.
Is VaBroom Still In Business?
VaBroom is considered an average product on Amazon, this product has a rating of 3.5 out of 5. Most of the people say that this broom gets damaged within 4 to 6 months, although it has been given a warranty of 1 year.
22% of people on Amazon gave this product a 1 star rating. You can check the review of this product by visiting Amazon.
The company is headquartered in Champlain, Minnesota, United States and employs 2 to 10 people.
Yes, VaBroom is still in business as of January 2023.
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frequently asked questions
What is VaBroom worth?
VaBroom’s current worth is $14 million.
Who founded VaBroom?
VaBroom was launched by Trevor Lambert and John Vadnais in 2019 and is a product of Enhance Innovations Company.
Did VaBroom get a deal on Shark Tank?
Yes’ VaBroom got a deal on Shark Tank.