FlexScreen made headlines when they appeared on Shark Tank in 2019. The startup was attempting to revolutionize window coverings with their innovative product, prompting much excitement and interest from the show’s investors.
However, after their appearance on the show, many were left wondering what happened to FlexScreen afterwards. This article will explore their journey following that fateful episode of Shark Tank and examine how the company has developed since then.
Founded by father-son duo Tom and Mike Bledsoe in 2015, FlexScreen aimed to provide a more convenient solution for window treatments than traditional blinds or shades. Their flagship product featured an adjustable screen system which could be operated without cords or pulleys – allowing users to open and close windows at different heights without any fuss.
With such an impressive innovation, it is no surprise that the Sharks wanted to invest in FlexScreen during their time on television. In this article we shall analyze what came next for FlexScreens’ founders following their appearance on the show as well as how their invention has continued to impact customers today.
The Flexscreen Pitch
The FlexScreen pitch was a dynamic example of the power of brand identity and pricing.
The company, founded by two brothers from Chicago, had developed a unique product that promised to revolutionize how homeowners managed their energy costs while also protecting their windows.
In the ultra-competitive Shark Tank environment, they presented an ambitious proposal – one which could potentially have made them millionaires overnight.
However, despite the cutting edge technology and attractive proposition put forward by FlexScreen, the Sharks were unimpressed.
They questioned whether or not the market for such a product existed and argued that it would be too expensive for most households to purchase in any significant quantity.
Furthermore, there were doubts about how well the business model would scale if demand was low, leading Mark Cuban to say: ‘I think you just built yourself a very nice toy’.
In spite of this criticism, however, the entrepreneurs remained undeterred and continued with their mission to bring affordable window solutions to people’s homes across America.
As part of this effort, they secured investment funding from other sources following their appearance on Shark Tank and went back to work perfecting their innovative product.
Tom And Mike Bledsoe’s Background
Tom and Mike Bledsoe had a strong entrepreneurial spirit before they even considered taking their idea to Shark Tank. The brothers had been on an impressive business journey together since 2001, when they founded the successful sports nutrition company EAS (now owned by Abbott Laboratories).
After that success, Tom created another brand called 1st Phorm in 2010; it quickly became one of the fastest-growing supplement companies in the world. In 2017, he and Mike decided to partner up again for FlexScreen — their first joint venture into window technology.
The brothers knew from experience what it took to run a successful business. Their time with EAS gave them invaluable insight into sales, marketing, and operations. They also brought decades of knowledge about manufacturing processes and customer service best practices from each of their respective businesses. That expertise was key as they developed FlexScreen’s patented design while searching for investors who could help bring their vision to life.
After pitching FlexScreen on Shark Tank, the brothers received offers from two sharks: Mark Cuban and Lori Greiner invested $2 million collectively in exchange for 20 percent equity. This deal allowed Tom and Mike to launch production of their product nationwide while ensuring that they still held onto 80% ownership.
Since then, FlexScreen has grown exponentially — now selling over 50 different sizes across all fifty states — and continues to be a leader in innovative window solutions.
Shark Tank Backers
Flexscreen, a company that produces adjustable window screens for the residential and commercial markets, received an investment from Shark Tank backers. This allowed the company to expand their reach in terms of funding sources and marketing strategy:
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They secured additional capital investments from venture capitalist firms such as GV (formerly Google Ventures) and NEA (New Enterprise Associates).
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They developed partnerships with some of the largest companies in the home improvement industry, including Home Depot and Lowe’s.
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They created innovative online campaigns targeting new customer segments who may not have been previously exposed to Flexscreen’s technology, such as millennials interested in energy-efficiency solutions.
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Finally, they engaged influencers across social media platforms to help spread awareness about their product features and benefits to a broad audience quickly.
The combination of these efforts has enabled Flexscreen to increase brand visibility worldwide while growing sales significantly over the past two years since appearing on Shark Tank—all without compromising quality or customer service standards.
Thanks to financial support from investors, strategic partnerships with leading retailers, creative digital campaigns, and endorsements from key opinion leaders, Flexscreen is positioned well for long-term success in its market segment.
Post-Shark Tank Growth
Flexscreen received a warm reception from the Sharks and ultimately, they accepted an offer of $2 million in exchange for 10% equity. This investment enabled Flexscreen to implement their branding strategy and position themselves as a leader in the adaptive window market.
After leaving Shark Tank, Flexscreen has experienced tremendous growth. The company’s customer acquisition skyrocketed by 400%, allowing them to expand into new markets across North America. Their products are now sold at major retailers such as Home Depot and Lowe’s.
In addition to this success, Flexscreen has been featured in various media outlets around the world including The Wall Street Journal and Fast Company. Flexscreen also earned numerous awards for innovative technology, most notably being named one of Time Magazine’s “Best inventions of 2019′.
With these accolades under its belt, Flexscreen continues to revolutionize the home improvement industry with their revolutionary product line that is transforming windows all over the globe.
Flexscreen Adjustable Screens
FlexScreen is an adjustable window screen technology developed by Joe Altieri in 2014. The technology was featured on ABC’s Shark Tank in 2016, where Altieri secured a $1 million investment from Mark Cuban and Lori Greiner.
Following the initial success of the FlexScreen technology on Shark Tank, Altieri moved forward with the development of the product and received additional investments from venture capitalists.
The product has been available for purchase since 2018 and is now sold in the United States, Canada, and Australia. FlexScreen has been lauded for its easy installation and durability, and is now a popular choice for homeowners looking for an adjustable window screen.
The company has also expanded its product line to include FlexScreen for doors and even larger windows.
Flexscreen Technology
FlexScreen Adjustable Screens, developed by FlexScreen Technologies LLC, is a revolutionary new window screen designed to provide efficient and cost-effective solutions for users.
The product utilizes adjustable frames that can be pulled down from the top of the window to block out sunlight when needed and retracted up into the frame when not in use.
Additionally, its smartphone integration allows users to control their screens remotely via an app or web interface. This makes it possible to have full customization over their lighting preferences with just the touch of a button.
The product has seen considerable success since appearing on Shark Tank in 2017, receiving investments from all five Sharks present at the time. Despite this initial triumph however, Flex Screen Technology’s fortunes took a turn after they failed to meet certain key performance objectives within two years, leading them to lose more than half of their total funding.
As such, many industry watchers are now questioning how much longer the company will remain viable without additional investment or market traction.
Cost analysis also stands as a major factor in determining whether FlexScreen Adjustable Screens continues its growth trajectory or not; while its unique features may make it appealing to some buyers looking for extra convenience, its current pricing relative to traditional window screens could prove problematic if demand does not increase enough.
Ultimately then, only time will tell what fate awaits this innovative technology moving forward.
Flexscreen’s Impact On Shark Tank
FlexScreen Technologies LLC’s appearance on Shark Tank in 2017 was a major milestone for the company, as it secured investments from all five Sharks present at the time.
As such, FlexScreen has since become an example of how successful fundraising strategies can be when raising capital with popular television shows.
However, while its initial success may have been viewed as a sign of things to come, the company ultimately failed to meet certain key performance objectives within two years and lost more than half of their total funding.
Consequently, this raises questions about FlexScreen’s impact on Shark Tank moving forward, particularly regarding whether or not other start-ups will still look to take advantage of these opportunities in the future.
It is clear that there are both risks and rewards associated with any form of fundraising; however, only time will tell if FlexScreen’s struggles serve as a cautionary tale or simply an anomaly in what could potentially be a highly lucrative market.
Flexscreen After Shark Tank
Following their appearance on Shark Tank in 2017, FlexScreen Adjustable Screens saw a great deal of success. However, after two years the company was unable to meet certain key performance objectives and lost more than half of its total funding.
This has led many to wonder what the future holds for FlexScreen and whether or not other start-ups will be able to replicate their initial successes using similar marketing strategies and pricing models. In order to remain competitive in this ever changing market, it is important that companies like FlexScreen strive for continuous improvement in order to ensure long term sustainability.
It remains unclear how successful these efforts will be but one thing is sure: FlexScreen’s impact on Shark Tank cannot be overlooked as it serves as an example of both risks and rewards associated with fundraising opportunities through television shows.
Product Expansion & Design
Flexscreen was introduced to the Shark Tank viewers in 2019 and has since developed innovative solutions for window screens. The company offers customizable, retractable screens that can be controlled with a remote or voice assistant, making it easier than ever to keep pests out of your home.
Flexscreen’s product expansion has been impressive over the past few years; they have released new colors, sizes, and frame types for their windows screens. In order to meet customer demands while continuing to innovate, Flexscreen employs a team of experienced engineers who work hard every day to develop better products that solve common problems associated with traditional window screens.
The promotional strategies used by Flexscreen have also grown in complexity and effectiveness. They regularly partner with local influencers to spread awareness of their products on social media as well as create YouTube video tutorials on how to install them. Additionally, they offer discounts through popular coupon websites like Groupon and RetailMeNot which encourages customers to purchase more items at once.
With continued success and increased demand from customers around the world, there is no doubt that Flexscreen will continue to revolutionize the way people think about window screens for many years to come.
Supporting Charities
Like a phoenix, FlexScreen has risen from the ashes after its appearance on Shark Tank. Despite not receiving an investment, founder Charlie Becker and his team have persevered to make their dream of creating energy-efficient window screens a reality.
Through charitable giving initiatives and social impact programs, FlexScreen is working hard to give back to local communities as they grow their business.
FlexScreen’s commitment to giving back is part of what makes them stand out in the competitive industry. They recently donated 500 solar powered screens to schools across California, providing students with natural sunlight while conserving energy and lowering electricity costs for the school district. Additionally, they offer discounts on products purchased by nonprofits organizations that are looking to create more sustainable solutions for their facilities.
The company also works closely with Habitat for Humanity International by donating proceeds from every purchase made through recommendations featured on the website or blog posts. By engaging customers in this way, FlexScreen hopes to raise awareness around important issues while supporting those in need both locally and globally.
It’s clear that despite any hiccups along the way, FlexScreen is dedicated to making a positive social impact wherever possible.
Industry Recognition
Flexscreen, the window covering company, received the 2020 Window Covering Manufacturers Association (WCMA) Innovation Award for their electrochromic technology.
The product has also been the subject of widespread critical acclaim, with publications such as Fast Company proclaiming it to be the “smartest window shade on the market.”
Appearances on ABC’s Shark Tank and CNN Money also helped to boost the brand’s profile and draw more attention to the product.
Media coverage of the product has been extensive, with articles in The Wall Street Journal and Wired magazine praising the product’s design and functionality.
Flexscreen has also been featured in many other outlets, including The New York Times, Forbes, and CNBC.
As a result of its various awards, critical acclaim, and media coverage, Flexscreen has become an established name in the window covering industry.
Product Awards
FlexScreen, a US-based window coverings company that produces innovative and durable products has been gaining recognition in the industry since its debut on ABC’s Shark Tank.
The company received multiple awards for their groundbreaking technologies which provide energy savings within homes. These include the 2020 Window & Door Crystal Achievement Award for Most Innovative Solutions, as well as being named one of the top 200 U.S.-based manufacturers by Industry Week Magazine.
Flexscreen was also recognized with an Editor’s Choice award from Home Innovation Research Labs, primarily due to its success in opening up new markets while providing high quality and long-lasting products.
The company continues to receive accolades from customers, competitors, and experts alike for offering superior solutions that meet customer needs at competitive prices.
With such attention it is no surprise that Flexscreen continues to thrive despite their appearance on Shark Tank over five years ago.
Critical Acclaim
FlexScreen’s critical acclaim has been a major contributor to its success in industry recognition and customer acquisition.
The company’s marketing strategy has been praised by experts for taking advantage of the Shark Tank platform, which allowed them to gain immediate visibility among consumers and business owners alike.
This led to numerous awards such as the 2020 Window & Door Crystal Achievement Award for Most Innovative Solutions, Editor’s Choice award from Home Innovation Research Labs, and being named one of the top 200 U.S.-based manufacturers by Industry Week Magazine.
Furthermore, Flexscreen is renowned for offering superior solutions that meet customer needs at competitive prices – something that customers have come to appreciate immensely.
As a result, they continue to be a leader in their field with an ever-growing fan base around the world.
Media Coverage
Flexscreen has received extensive media coverage due to its success in the industry.
Numerous outlets have reported on FlexScreen’s rise, from publications like Window & Door Magazine and Home Innovation Research Labs to larger platforms such as Shark Tank.
In addition, the company has garnered attention for their innovative business model that includes crowdfunding campaigns and competitor analysis.
This has enabled them to gain a strong presence both online and offline, resulting in more customers choosing FlexScreen over other options.
As a result of this increased exposure, Flexscreen continues to be recognized globally for their market-leading solutions and customer service.
Future Plans
Flexscreen received a substantial amount of industry recognition following its appearance on Shark Tank. The company’s innovative window blinds and shades, which can be controlled remotely via an app or voice commands, were praised by the Sharks for their convenience and practicality.
Following the episode’s airing, Flexscreen was featured in numerous publications such as Forbes, NBC News, and People magazine. In addition to media attention, the company also saw an uptick in online reputation management. Reviews from satisfied customers began flooding onto websites like Google, Yelp!, and Amazon—all praising the product’s reliability and usability.
This positive feedback has helped propel Flexscreen into mainstream awareness with more than 80% name recognition among consumers just one year after launching. The future looks bright for Flexscreen as they continue to expand their business model through crowdfunding campaigns and other digital marketing initiatives.
They have even announced plans to introduce new products such as automated pet doors that can be operated using voice commands or mobile devices – allowing pet owners greater freedom while away from home. With further investments in research & development, Flexscreen is poised to become a leader in smart home automation technology.
Customer Testimonials
Flexscreen, the innovative window solution featured on Shark Tank, has experienced a surge in popularity following its appearance. Garnering more attention than ever before, customers have shared positive user experiences and feedback regarding the product’s ability to reduce energy costs while providing natural light.
The customer response has been overwhelmingly positive; users of Flexscreen report that they are able to save up to 50% on their energy bills without sacrificing natural lighting or ventilation.
Many also appreciate the convenience of being able to easily open and close their windows using only one hand. From reducing air conditioning costs during hot days to allowing fresh air circulation during cold nights, many consumers find that Flexscreen is an effective way to improve their home’s environmental conditions with minimal effort.
It appears that this revolutionary window covering system will continue helping households become more comfortable and cost-efficient for some time yet – aided by glowing customer testimonials from satisfied owners around the world. With such success after appearing on Shark Tank, it looks like Flexscreen may be set to stay as part of a growing trend towards smarter home solutions.
Conclusion
FlexScreen’s post-Shark Tank journey has been one of success and growth. The company is now an established leader in the adjustable window screen industry, offering high quality products backed by a lifetime warranty.
Its commitment to charity and support for local communities have won it praise from customers and recognition within the industry. As Mike Bledsoe declared on Shark Tank: ‘We are making windows easier’.
That mission appears to be well underway as FlexScreen continues to expand its reach with plans for further innovation and development in the future. It certainly seems like FlexScreen will continue to flex its muscles in order to keep providing innovative solutions that make life easier for those who need them most.