Hugo’s Amazing Tape from Shark Tank

Hugo’s Amazing Tape is a multi-purpose tape that beats the need for keeping all sorts of different tapes on hand. You no longer need different electrical tape, masking tape, and wood tape when you have one tape that can do everything you need. Hugo’s Amazing Tape is clear, self-adhesive, reusable, and multi-purpose. It gets the job done no matter what you use it for. Additionally, it is also washable. Once you use it, you can wash it off, let it dry, and then use it again later. It is available in 50 feet rolls and comes in three thicknesses – 1/2 inch, 1 inch, and 2 inches thick.

Hugo’s Amazing Tape shark tank

Hugo’s Amazing Tape was invented by Hugo Maisnik, who was a printer’s son. Hugo invented the tape almost by accident one day when he received a package at his father’s printing plant. The contents of the package were completely destroyed except for a small bit of clear plastic. This bit of plastic inspired Hugo to create a tape that didn’t need any adhesive and would have very strong holding power. The tape came to fruition in 2002 in Los Angeles, California.

After Hugo’s death, his family took Hugo’s Amazing Tape to Shark Tank so that they could receive assistance for funding the company and keeping Hugo’s legacy alive.

Is Hugo’s Amazing Tape Still an Active Company?

Following its appearance on Shark Tank, Hugo’s Amazing Tape did disappear for a little while. However, it came back on the market soon after and is now even available on Amazon and Walmart. You can also buy the tape directly from their website.

How Did the Shark Tank Pitch Go?

Katherine Saltzberg and Lauri Fraser, daughters of Hugo Maisnik, presented Hugo’s Amazing Tape in Shark Tank season 9 episode 23, which aired in February 2018. Katherine and Lauri were looking for $50,000 in exchange for 50% of the company, which at the time was valued at $100,000. The sisters gave the sharks a demonstration of the tape’s strength, using it to tape and hold up various different items. After their demonstration, the sisters distributed samples to the sharks.

Mark was under the impression that since the tape originated from Taiwan, they were getting knocked off, and he wasn’t sure if he should trust the product. According to Kevin, the product was not something he wanted to invest in. Robert was also not interested in investing, and Barbara advised the women to sell the business. Eventually, Mark and Lori offered to buy the whole company for the original value of $100,000. After some deliberation, Katherine and Lauri accepted the offer.

Following the appearance on Shark Tank, Hugo’s Amazing Tape became available on Amazon and Walmart. Since July 2022, the company has made over three million dollars in sales.

Our Review of Hugo’s Amazing Tape

Hugo’s Amazing Tape really is as dynamic and multi-purpose as it claims to be. It can be used in place of masking tape, medical tape, electrical tape, wood tape, and more. It is very convenient to use, especially since you can replace about four to five different tapes with just this one tape. The double-sided, self-adhesive, and reusable nature of the tape makes it safe to use for most materials, including cloth and fabrics. There is no need to worry about glue stains or sticky leftover residue when the tape is removed, either. Not to mention, the different sizes mean you can use this tape for almost anything around the house!

The only negative that we can really think of when it comes to Hugo’s Amazing Tape is the relatively steep price. However, does that steep price eventually negate itself, considering that the tape is reusable and will last you a pretty long time? We think maybe it does.

To make our review a bit clearer, we have listed down the pros and cons of Hugo’s Amazing Tape to get a better idea of whether or not the tape is worth buying and using.

Pros of Hugo’s Amazing Tape

  • It is multi-purpose
  • It is self-adhesive and does not leave a sticky residue
  • It is reusable and can be washed
  • It is transparent and double-sided
  • It comes in three sizes, 1/2 inch, 1 inch, and 2 inches thick
  • Easily available on the Hugo’s website, Amazon, and Walmart.

Cons of Hugo’s Amazing Tape

  • It is a bit expensive compared to other kinds of tape

Who is Hugo’s Amazing Tape For?

While Hugo’s Amazing Tape is advertised to be used all around the house, it is not just restricted in use by homeowners. It can be used by anybody, for various different things. From DIY projects and holding boxes together to wrapping gifts and hanging up decorations, the tape can be used for just about anything.

Are There Any Alternatives?

You can certainly find different kinds of tapes for different purposes. There are also quite a few double-sided, transparent, reusable, and multi-purpose tapes available. However, we wouldn’t consider any of them to be perfect alternatives for Hugo’s Amazing Tape since Hugo’s is the only tape that offers all of that on top of being self-adhesive!

Our Final Thoughts

Overall, we think Hugo’s Amazing Tape is a truly amazing product. It can be incredibly useful to have around the house and can be used for all kinds of things. It is also very convenient to use just one tape for different uses rather than keeping four or five different rolls of tape around. The pros of the tape greatly outnumber the cons, and it seems like it would be a worthwhile purchase for most people.