Big Mouth Toothbrush - Shark Tank Update

Big Bristle Toothbrush

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Season 14, Episode 15 Founded by Dr. Bobbi Peterson In Business

Big Mouth Toothbrush Details

Shark Tank Episode Details

Founders Dr. Bobbi Peterson
Air Date 2023-03-03
Season & Episode Season 14, Episode 15
Initial Ask $150K for 10.0% equity
Deal Details Got deal: $150K for 20.0% equity from Barbara Corcoran
Estimated Yearly Revenue $500k
Estimated Net Worth (4x estimated revenue) $2.0 million

The Shark Tank Pitch

When dealing with the frustration of watching her orthodontic patients develop gum disease despite her best guidance, Dr. Bobbi Peterson made a bold decision that would transform the electric toothbrush industry forever.

Drawing from her expertise as a practicing orthodontist and being the youngest of seven famously loud children, she recognized that traditional electric toothbrushes with small brush heads simply weren't covering enough surface area to prevent the periodontal disease affecting over 50% of the world's population. Her groundbreaking solution emerged from both professional observation and personal inspiration - creating the Big Mouth Toothbrush, an oversized electric toothbrush with a revolutionary brush head design that covers significantly more surface area, reducing brushing time by half while providing what customers describe as a "spa-like experience" in their mouths.

The product represents a historic milestone as the first electric toothbrush designed by a Black person, featuring five adjustable settings and a patented oversized brush head that ensures every surface of teeth and gums receives proper attention during each use. When Dr.

Peterson entered Shark Tank seeking $150,000 for 10% equity at a $1.5 million valuation, she brought impressive financials including $60,000 in sales from January to July 2022 (despite being sold out for two of those months), production costs of $14 per unit with retail pricing at $69.99, and a compelling personal story of overcoming teenage motherhood to complete high school, college, dental school, and orthodontic residency before opening her own practice just one week after graduation. Her business model demonstrated strong commitment to social causes, with 40% of proceeds from pink toothbrush sales supporting breast cancer awareness - a cause close to her heart as a survivor herself.

Where Are They Now?

The negotiation process proved intense as sharks questioned the competitive oral care market, but Dr. Peterson's passion and patent protection ultimately convinced Barbara Corcoran to make a deal for $150,000 for 20% equity plus a $2 royalty in perpetuity, after Kevin O'Leary's initial offer of $150,000 for 25% equity plus $5 per unit royalty was deemed too aggressive.

However, our research found that while the deal with Barbara was announced on the show, the actual closing status remains uncertain, as is common with many Shark Tank agreements that encounter complications during due diligence processes. Despite the unclear deal status, the Shark Tank exposure proved transformative for Big Mouth Toothbrush, with the company selling out completely within 24 hours of the episode airing and experiencing such overwhelming demand that they operated in pre-order mode with 6-8 week backlogs for months afterward.

We found that Dr. Peterson has continued expanding the product line with new models including the Big Mouth Platinum and Big Mouth Sonic 2.0, while maintaining her dual role as both CEO of the toothbrush company and practicing orthodontist.

The company has achieved an estimated net worth of $500,000 and continues operating successfully through Amazon and their official website, with Dr. Peterson expressing gratitude for the opportunity to work with "legendary Barbara Corcoran" as an incredible mentor, demonstrating how entrepreneurs can build sustainable businesses by addressing genuine healthcare needs with innovative solutions that combine professional expertise with authentic personal mission to improve oral health outcomes for millions of people worldwide.

Revenue

$500k

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