If Muff Waders sounds like a familiar brand, it’s because it appeared in season 12 of Shark Tank. It is an overall that can contain up to six cans of soda, beer, energy drinks, or water. It is made of heavy material with a solid color punch.
The product was pitched by Garret Lamp and Taylor Ness who entered the show seeking an investment of $25,000 for 25% equity in their company. But sadly, they couldn’t secure a deal from any of the Sharks.
Ever since Muff Waders is featured on Shark Tank, many people are curious to know what happened to the company after the show. We are here to share the details with you.
Contents
Quick Facts
Business details: | Overalls that store multiple bottles of drinks |
Founders name: | Garett Lamp and Taylor Ness |
Founded in: | 2018 |
Location (Country): | Des Moines, Iowa, United States |
Investment Asked by Company: | $25,000 for 25% equity |
Sharks on board (Investors): | None |
Accepted Deals: | No deal |
Shark Tank Episode: | Season 12 Episode 16 |
Net Worth | $500,000 |
Business Status: | Active |
Social Media | Facebook |
Last Updated: | June 11, 2024 |
What is Muff Waders?
Muff Waders is a company that specializes in overalls. It is cooler in overalls that can hold up to multiple bottles of drinks. Made of heavy materials, these overalls are designed for play and work.
These overalls are equipped with a cooling bag that helps keep the drinks cool. It is made for people who prefer to drink while working. They can carry the bottles in their overalls and keep them cool.
These overalls can be used in times of wood harvesting, fishing, traveling, etc. It features a large pocket in the front that can accommodate up to six bottles of drinks.
Who are the founders?
This unique product was designed and created by Garett Lamp and Taylor Ness. Both of them hail from Holstein, Iowa. They love hunting, playing sports, and fishing.
Garett Lamp worked as a content creator at Hy-Vee, Inc. He is a marketing expert and the co-founder of Muff Waders. He also co-owns Top Brass Dignitary. He completed his education at Iowa State University.
Taylor Ness is an electrician and has been working in this field since 1998. He studied a technician course at George Brown College. Later, he acquired a degree from ABC Electrical.
Muff Waders Before Shark Tank
The idea was originally conceived by Taylor Ness. He went to watch a football game at a local bar. He wished to have an overall that would hold all his beer. He prepared a rough sketch the next day and started working on the product.
Finally, he came up with an overall with multiple compartments and pockets to hold bottles and cans. The notable feature was the cooling bag on the chest.
Taylor joined forces with Garett and then launched the company in 2018. They organized a kickstarter campaign to raise funds. However, that didn’t work out for them.
Muff Waders After Shark Tank
Garett Lamp and Taylor Ness entered Shark Tank in 2021 with the proposal of $25,000 in exchange for 25% equity in their company. However, the founder duo failed to get a single deal.
It was later reported that the start-up was sold to Stevia Nutra Corp. The company has not released any financial details since 2021. Before being sold, the company made sales worth $250,000.
Is Muff Waders Still In Business?
Despite trying hard, Muff Waders couldn’t secure a deal on Shark Tank. However, that didn’t slow down their business. Rather the company experienced a major increase in sales as more people came to know about the brand. This shows that there’s a real demand for their product and customers are more than willing to pay for it.
The company is still in business and doing quite well. They have a working website and sell their products through major platforms like Amazon. The company is focused on providing customers with new and useful workwear options.
FAQs
1. Why are they called muff waders?
The company’s co-creator, Buddy explained that the concept of Muff comes from manly and tough because that’s the target audience they build their product for.
2. What is a muff wader?
A Muff wader is a clothing item, much like an overall that is not just stylish but functional too, especially with a pack cooler on the chest, extra pockets for cans and bottles, etc.
3. What is the valuation of Muff Wader?
The growth and expansion of Muff Wader happened after their Shark Tank episode and they managed to bring along a lot of traction, and a valuation of $500,000.