Local

Another local company lands a deal on ‘Shark Tank’

In the last seven months, three local startups have stepped on the “Shark Tank” stage with a pitch and a prayer. And all three have come out with a deal.

[PAST COVERAGE: Mooresville-based Sheets Laundry Club set to pitch its products on ‘Shark Tank’]

The latest company to do so is Mooresville-based Sheets Laundry Club, a provider of eco-friendly, plastic-free laundry products that was founded in 2019 by Chris Videau and Chris Campbell. Videau and Campbell appeared on the Nov. 19 episode of ABC’s “Shark Tank,” where they secured a deal with KIND founder Daniel Lubetzky.

The duo came in asking for a $500,000 investment for 5% equity and agreed to Lubetzky’s offer of $500,000 for 8% equity and 2% board advisory shares.

Read more here.

(Watch the video below: Cramerton resident to debut Slawsa on ABC’s ‘Shark Tank’ Friday)