Did You Know This

Saturday, November 25, 2017

Did you know that in January 2017, Scrub Daddy's has made over a $100 million?

scrub daddyDid you know that Scrub Daddy is a company best known for a sponge that it manufactures that is in the shape of a smiley face?


Did you know that Scrub Daddy has the highest revenue of any product featured on ABC's show Shark Tank to date?[2]

Did you know that Aaron Krause invented his own line of buffing and polishing pads and the company was acquired by 3M in August 2008?

Did you know that 3M did not purchase the line of sponges Krause had invented, leaving them to sit in his factory?

Did you know that Five years later, Krause used the remaining sponges to clean his dishes and lawn furniture, According to Krause, this is when he "realized his multi-million dollar idea/"[1][3][4]

Did you know that according to the company's website, Scrub Daddy, Inc. was founded in 2012 with grassroots marketing?[5]

Did you know that On the Shark Tank episode originally airing in October 2012, Lori Greiner made a 20% equity stake deal with Krause for $200,000?[2]

Did you know that the following day, Greiner and Krause sold out of 42,000 sponges in under seven minutes on QVC?[6]

Did you know that Greiner then helped Scrub Daddy to be sold in retail stores such as Bed, Bath &Beyond?

lori greiner scrub daddy
investor Lori Greiner founder Aaron Krause
Did you know that in January 2017, Scrub Daddy's has made over a $100 million?.[7]

Did you know that the product Scrub Daddy is made from a strong "high-tech polymer" and the texture changes in water: hard in cold, soft in hot?

Did you know that the original product is yellow and Krause has two patents on its design?[3]

Did you know that Krause has launched other sponges in the Scrub Daddy line, including products in multiple colors, lemon-scented, Scrub Daddy Heavy Duty, and Scrub Mommy?.[6][8][9][10]




Did you know that Krause appearance on "Shark Tank" helped him to partner with investor Lori Greiner who aggressively nabbed a deal with Scrub Daddy founder Aaron Krause in the show's fourth season in 2012?

scrub daddy shark tankDid you know that Greiner sweetened her offer to $200,000 for 20% equity and promised to make Krause a millionaire within a year?

Did you know that since Scrub Daddy premiered, Scrub Daddy has sold more than 10 million units and made over $50 million in sales?

Did you know that Scrub Daddy now has 50 employees and its own 40,000 square-foot factory in Folcroft, Pennsylvania?


Did you know that Krause QVC spot sells when he is alone although when working alongside Greiner doubles or triples sales?

Did you know that Krause's is now working towards his long-term goal of making Scrub Daddy a household name, like Brillo or Lysol?




 Now if you didn't know, now you know...



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