What Happened To Bug Bite Thing After Shark Tank?
Bug Bite Thing Shark Tank Update: Bug bites are an inconvenience that we’ve all had to suffer. Where most people would perceive a problem, Kelley Higney saw an opportunity. Most of us have a rapid allergic reaction to insect bites, but thanks to Bugs Bite Thing, we can reduce the severity of such reactions. Will Season 11’s “Sharks” take a bite out of this proven winner? Once Shark Tank ended, what happened? Our Bug Bite Thing update will reveal all.
What Is Bug Bite Thing?
Bug Bite Thing was created to help people with mosquito bites that hurt and itch. During the warmer months of spring and summer, folks with “sweet blood” are particularly susceptible to mosquito bites; luckily, Bug Bite Thing is available to help.
It’s simple to apply, and the itching goes away almost immediately. You should just use the product on the affected region, pull until a suction-like sensation is felt, hold for 10 minutes, and then let go.
Who Is The Founder Of Bug Bite Thing?
They were not prepared for the mosquitos when Kelley and her family moved to South Florida. She realized she had to act after seeing her kids suffer from mosquito bites and accompanying itching and discomfort.
She tried every anti-itch cream on the market, but nothing helped. As a result, she decided to investigate the customs of other countries and came up with Bug Bite Thing.
Know about Bug Bite Thing Shark Tank Update
This company’s thousand-dollar sales goal was reached within weeks of this episode of Shark Tank airing. The company’s co-founder anticipated 2019 annual sales of $1.5 million.
In episode 11 of Shark Tank season 14, Lori disclosed that the company will generate $25 million annually by 2022.
For more information, we are keeping an eye on Ellen McAlister and Kelley Higney and their business.
Bug Bite Thing Shark Tank Update
Company Name | Bug Bite Thing |
Founder | Ellen McAlister and Kelley Higney |
Founded | 2016 |
Product | Suction tool for relief after bug bites |
Asked For | $150K for 10% equity |
Final Deal | $150K for 10% equity |
Shark | Lori Greiner |
Bug Bite Thing Shark Tank Episode | S11 E4 |
Air Date | Oct 20, 2019 |
Business Status | In Business |
Headquarters | Port St Lucie, Florida, United States |
Bug Bite Thing Net Worth | $29 Million+ |
Bug Bite Thing Instagram | View Profile |
GO TO AMAZON | View Product |
Bug Bite Thing On Shark Tank Pitch
Mother-daughter management team Bug Bite Thing appeared on Shark Tank looking to raise $150,000 in return for a 10% equity share. As it turned out, Lori Greiner offered precisely the same amount for the same percentage of the company, and they accepted.
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Bug Bite Thing After Shark Tank
Bug Bite Thing was exclusively sold in the United States, Canada, and South Korea through the company’s website and CVS Pharmacy until the sale on Shark Tank.
Bug Bite Thing, however, is now sold in twenty-five countries and twenty-five big stores like Walmart and Home Depot, thanks to the Shark Tank deal and Greiner’s insight into the retail industry.
The product has over 75,000 positive reviews and is ranked as Amazon’s No. 1 selling item in the bug bite treatment category.
Bug Bite Thing Net Worth
In this latest earnings report, we take a look at the amount of revenue Bug Bite Thing has made thus far.
Bug Bite Thing Net worth before Shark Tank | 1.5 Million USD – Business valuation |
Bug Bite Thing Net Worth 2021 | 15 Million USD |
Bug Bite Thing Net Worth (2022) | 18 Million USD |
Bug Bite Thing Net Worth (2023) | $29 Million |
Is Bug Bite Thing Still In Business?
As of the end of 2022, Bug Bite Thing, which appeared on Shark Tank, is still working. The consumer goods division of the business was recognized by Inc. magazine as one of 2022 Best in Business.
The itching, swelling, and pain caused by insect bites and stings may be immediately relieved with the help of Bug Bite Thing, a chemical-free, reusable insect bite treatment suction tool.
The device is completely child-safe since it relies purely on suction to extract insect saliva or poison beneath the skin.
Bug Bite Thing Competitors
The main alternatives are Bite Away and IeR NYC Bite Tamer. They both cure insect bites with a similar idea but use different proprietary ingredients and cost around the same.
FAQs:
Ellen McAlister and Kelley Higney created the Bug Bite Thing, a suction-based device that removes the itching, stinging, and swelling caused by insect bites and stings.
Kelley Higney, coming from Florida, developed Bug Bite Thing in 2016.
In their appearance on Shark Tank, Ellen and Kelley offer $150,000 in exchange for a 10% interest in their company. Bug Bite Thing Net Worth $29 Million at the present time.
In the October 2019 episode of “Shark Tank” that featured Higney and her mother, business president Ellen McAlister, all five of the sharks showed interest.
However, for a $150,000 investment, Greiner gave her yearly Golden Ticket and a 10% equity share in Bug Bite Thing.
Insect bites often result in redness, swelling, and irritation because of the insect’s saliva.
A red, swollen, itchy mark (a weal) can often appear on the skin after being bitten. This may not be pleasant, but it shouldn’t do any harm.
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