Manscaped - Shark Tank Update

Manscaped - men's grooming products

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Season 10, Episode 4 Founded by Steve King, Josh King In Business

Manscaped Details

Shark Tank Episode Details

Founders Steve King, Josh King
Air Date 2018-10-28
Season & Episode Season 10, Episode 4
Initial Ask $500K for 7.0% equity
Deal Details Got deal: $500K for 25.0% equity from Mark Cuban, Lori Greiner
Estimated Yearly Revenue $300+ million
Estimated Net Worth (4x estimated revenue) $1.2 billion

The Shark Tank Pitch

Below-the-belt grooming evolved from taboo topic to major market opportunity when father-son team Steve and Josh King recognized that men's intimate grooming remained an underserved category despite growing consumer demand for specialized products designed specifically for sensitive areas, leading them to develop Manscaped as a comprehensive brand focused on male grooming "below the belt" with products engineered for safety, comfort, and confidence. Their innovative approach combined advanced technology with user-friendly design through products like the Lawn Mower trimmer featuring SkinSafe technology and ceramic blades designed to prevent cuts and nicks in delicate areas, addressing the common fear and discomfort many men experienced when attempting intimate grooming with inappropriate tools not designed for such sensitive applications.

The company positioned itself at the intersection of male hygiene, confidence-building, and relationship enhancement, targeting the growing demographic of men who understood that proper grooming could improve both personal comfort and romantic relationships while reducing the embarrassment and potential injury associated with using standard grooming tools in intimate areas. Seeking $500,000 for 7% equity and valuing their grooming company at over $7 million, Steve and Josh entered Shark Tank Season 10 with strong sales momentum, proven product demand, and plans to expand their product line while building a brand that could normalize and elevate male intimate grooming from an awkward necessity into a confident lifestyle choice supported by purpose-built tools and comprehensive education.

Where Are They Now?

The sharks' reception proved surprisingly positive as Mark Cuban and Lori Greiner recognized the massive market potential in the underserved male grooming category, with Mark Cuban and Lori Greiner jointly making a combined offer of $500,000 for 25% equity ($250,000 each for 12.5% each) that Steve and Josh accepted, excited about leveraging both sharks' expertise and marketing connections to accelerate their growth in the competitive personal care market.

However, the partnership with Mark and Lori never materialized after filming, as the deal fell through during due diligence - a common occurrence that often reflects either discovered business complexities or strategic misalignment between entrepreneurs and investors during the deeper investigation period following initial agreements. Despite losing the shark investment, the Shark Tank exposure proved invaluable as Manscaped leveraged the national television platform to build brand awareness and credibility in a category where consumer education and trust were essential for overcoming the natural hesitation many men felt about intimate grooming products.

The company demonstrated remarkable entrepreneurial resilience by achieving explosive growth independently, scaling from $3 million to $300 million in revenue within just three years through aggressive digital marketing, influencer partnerships, and expansion into major retail channels while maintaining their focus on product innovation and customer education. We found that Manscaped has achieved extraordinary success despite the failed shark deal, reaching a $1 billion valuation following a merger with Bright Lights Acquisition Corp and establishing themselves as the dominant player in the male intimate grooming market, proving that sometimes the most successful Shark Tank stories involve companies that use the show's platform for validation and exposure rather than actual investment, ultimately building empires that surpass what any single shark partnership could have provided.

Revenue

$300+ million

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