What Happened To Tenikle After Shark Tank?

Tenikle After Shark Tank Update: Tenikle is an octopus design tripod that handles cameras, phones and tech related products. This tripod attaches anywhere in a flat place like the hand of an octopus. When this tripod is attached anywhere, it behaves like suction cups for a secure stay.

The Tenikle is completely different from the rest of the tripods, other tripods have to be held in the hands for a secure handle. However, the tripod has suction cups that attach easily to flat ground and can hold up to 30 lbs.

After the phone fell down and broke, he placed the phone on the suction cup mounted phone holder of the car. Due to this moment, the founder got the idea of ​​this product and being inspired by the octopus, he created the Tenikle Suction Cups Tripod.

What is Tenikle?

Tenikle is a suction cups tripods that can mount anywhere on flat ground. Through this mount holder, we can hold phones, cameras, tablets, lights and many more products. This product will be able to handle the weight of approx. 30 lb. after being attached on a flat place. It does 360 degree movement and it is also flexible.

This tripod comes in three different colors such as Red, Black and Teal. Its price is $45. This company has recently launched the product Tenikle 360 Universal Mount and Kodiak Kompanion Work Light, its price is $80.

You can buy these suction cups tripods from Amazon and company website.

Who Is The Founder Of Tenikle?

Hans Dose is the Founder and CEO of Tenikle. Dose launched this business in 2017. Dose is a designer by profession and had worked designing for Billabong & Hurley for many years.

Tenikle Shark Tank Update

Company Name	Tenikle
Founder	Hans Dose
Founded	Jan 2017
Product	Portable suction cups tripods
Asked For	$200k for 10% Equity
Final Deal	$200k for 30% Equity
Shark	Daymond John
Episode (Shark Tank USA)	S13 E9
Air Date	Dec 17, 2021
Business Status	In Business
Tenikle Net Worth	$2M *estimated
Headquarters	San Diego, California, United States
Tenikle Instagram	View Profile
GO TO AMAZON	Buy Now

Also Read This: What Happened To MuteMe After Shark Tank?

Tenikle On Shark Tank Pitch

Hans Dose enters Shark Tank with an octopus costume and asks the sharks for $200k for a 10% equity. He explained his product to the sharks in an energetic way. The making cost of this product is $6.08 and it is sold for $45. The margin of this product is very high. Till now he has sold total 40,000 units of these tripods. With these, he has sold a total of $1.3 million in 2021 so far.

Kevin O’Leary said “It’s not a situation I want to put myself into”, so he is out. Lori Greiner said this product is good but it is not the right investment for her then she is out.

Robert Herjavec made an offer that he would pay $270,000 in debt and an additional $100,000 in cash for 60% of the company’s equity, Hans and a partner will bring in this business and equity will come from Robert.

Daymond John did offer $200K for a 33.3% equity. Daymond changed its offer saying 30% equity. Mark Cuban said Daymond’s offer is good enough so he is out.

Mark said Daymond’s offer is good but Robert said my offer is also good. Hans said to Robert “I’m out”. Hans countered Daymond’s 25% equity but Daymond said he would keep 30%. Hans agreed to this offer.

Tenikle Net Worth

After entering Shark Tank, the founder had put the worth of his company at $2 million. Tenikle signs deal worth $666K in Shark Tank. Hans had made a successful product and the Shark Tank show played an important role in boosting the sales of this product.

In 2022, this company’s annual sales have reached an estimated $2 million.

Is Tenikle Still In Business?

Yes, Tenikle is still in business as of December 2022.

This Protable Suction Cups Tripod has 3.6 out of 5 ratings on Amazon and most people say the price is high.

Many media publications have featured this business including BuzzFeed, QVC, HSN, Mens Journal and many more.

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