Supply Razor - Shark Tank Update

Supply -

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Season 11, Episode 6 Founded by Patrick Coddou In Business

Supply Razor Details

Shark Tank Episode Details

Founders Patrick Coddou
Air Date 2019-11-03
Season & Episode Season 11, Episode 6
Initial Ask $300K for 10.0% equity
Deal Details Got deal: $300K for 15.0% equity from Robert Herjavec
Estimated Yearly Revenue $12 million
Estimated Net Worth (4x estimated revenue) $48 million

The Shark Tank Pitch

Precision engineering met traditional shaving when aerospace professional Patrick Coddou recognized an opportunity to revolutionize men's grooming by combining his aircraft industry expertise with the timeless effectiveness of single-blade shaving technology. Drawing inspiration from his aerospace background, Patrick understood that fighter-jet grade materials and precision manufacturing could transform the humble safety razor into a premium grooming instrument that would last generations rather than months.

His innovative Supply razor featured handles crafted from aircraft-quality stainless steel with precision engineering that provided perfect blade angle and optimal pressure distribution, delivering the close, comfortable shave that multi-blade cartridges consistently failed to achieve. The company's breakthrough approach challenged the modern shaving industry's disposable mentality by offering products built with 100-year guarantees, positioning quality craftsmanship and sustainability against the wasteful cartridge subscription model that dominated the market.

At $79 for a complete kit including a year's supply of replacement blades, Supply offered exceptional value compared to expensive cartridge systems while providing superior shaving performance that reduced irritation and ingrown hairs. Patrick's vision extended beyond individual products to encompass a complete return to traditional shaving excellence, educating modern men about techniques and tools that their grandfathers had mastered but contemporary marketing had convinced them to abandon.

The company's sleek, fighter-jet inspired designs attracted customers who appreciated both functional superiority and aesthetic appeal, creating a brand that celebrated masculine tradition while embracing modern manufacturing precision. Seeking $300,000 for 10% equity and valuing their precision shaving company at $3 million, Patrick entered Season 11 with products that challenged industry assumptions while building a business around the idea that sometimes the best innovations involve perfecting time-tested solutions rather than constantly reinventing them.

Where Are They Now?

Following their Shark Tank appearance, Supply Razor successfully secured a deal with Robert Herjavec for $300,000 for 15% equity, providing the capital and mentorship needed to scale their precision shaving business beyond their initial direct-to-consumer foundation. The partnership proved transformational as Robert's business expertise helped optimize manufacturing processes, expand distribution channels, and refine marketing strategies that effectively communicated the superiority of single-blade shaving to modern consumers accustomed to multi-blade cartridges.

Supply's growth trajectory accelerated dramatically after the show, with the company expanding from a small direct-to-consumer operation to a major player in the premium shaving market, achieving $12 million in revenue by 2021 through strategic expansion into retail partnerships and international markets. The business model's focus on durability and sustainability resonated strongly with environmentally conscious consumers who were increasingly rejecting disposable culture in favor of buy-it-for-life products that delivered superior performance while reducing waste.

Supply's success validated Patrick's vision that modern consumers would embrace traditional shaving methods when presented with products that combined time-tested effectiveness with contemporary design and precision engineering. The company continued expanding their product line while maintaining their commitment to aerospace-grade manufacturing standards, proving that premium positioning could succeed in markets previously dominated by cheap, disposable alternatives.

We found that Supply Razor has established itself as a leader in the traditional shaving renaissance, serving customers who have discovered that sometimes the most advanced technology involves perfecting fundamentals rather than adding complexity, demonstrating that businesses built around quality craftsmanship and sustainable practices can achieve remarkable success when they challenge industry assumptions and educate consumers about superior alternatives to mainstream products.

Revenue

$12 million

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