Stealth Bros & Co, a company founded by Braxton Fleming, gained nationwide attention when it appeared on season 14, episode 2 of the popular television show Shark Tank. The innovative business caught the eyes of viewers as well as the show’s savvy investors, known as the Sharks. With Stealth Bros & Co’s luxurious Dopp kits designed to help people carry their medical supplies, such as injection needles and sharps waste, Braxton came into the tank with high hopes of securing a life-changing investment.
During the episode, Braxton Fleming pitched his company with the goal of raising $200,000, presenting the Sharks with a unique and much-needed product in the market. The Sharks recognized the pressing need for a solution like this, especially in light of the increasing transphobic laws enacted throughout the United States. This situation added a sense of urgency to their decision-making process, as the Sharks were eager to support a business that could make a positive impact in people’s lives.
Ultimately, Braxton managed to secure an investment from two Sharks, Barbara Corcoran and Mark Cuban, who offered $200,000 for an 18% equity stake, as well as a $100,000 line of credit. This deal marked an exciting new chapter for Stealth Bros & Co, as they embarked on a journey to expand their business and make a difference in the lives of those who needed their products.
Journey to Shark Tank
Stealth Bros & Co, founded by entrepreneur Braxton Fleming, embarked on a mission to create luxurious Dopp kits for carrying medical supplies like injection needles and sharps waste. It was in 2023 when this innovative company caught the public eye by participating in Season 14 Episode 2 of the popular TV show Shark Tank, airing on ABC.
Braxton Fleming took a courageous step by presenting his company and product to the panel of sharks, which included names like Mark Cuban, with the hope of receiving a significant investment from one of them. Fleming came prepared, asking for $200,000 in exchange for 15% equity in his luxury Dopp kit company. This brave move showcased Fleming’s confidence in his business and his passion for the product.
The sharks recognized that Stealth Bros & Co filled a unique gap in the market, providing an essential service to a niche group of users. After a round of negotiations, two sharks, Barbara Corcoran and Mark Cuban, agreed on a joint investment. With their combined expertise in growing successful businesses, they struck a final deal with Fleming: $200,000 for 18% equity in Stealth Bros & Co, along with an additional $100,000 as a line of credit.
This fantastic partnership led to an increased valuation of the company and marked the beginning of a prosperous journey for Stealth Bros & Co. The Shark Tank experience not only provided financial support but also invaluable mentorship, guidance, and exposure for the brand as it continued to thrive.
About Stealth Bros & Co
Stealth Bros & Co is a company that specializes in creating luxurious Dopp kits for individuals who desire a stylish means of carrying their medical supplies, such as injection needles and sharps waste. The company designs these kits with a focus on fashion, recognizing that functionality and style can be intertwined. Their products cater to those who enjoy traveling and appreciate high-quality leather goods.
These luxury kits are thoughtfully designed and crafted with attention to detail to ensure convenience and practicality for users. The brand showcases a touch of personalization in each product, resonating with customers that seek a touch of elegance in their everyday essentials. To explore their collection, one can visit their website at stealthbrosco.com.
Founder Braxton Fleming not only emphasized the need for a fashionable design but also a functional solution that caters to medical storage in a discreet manner. The result is a line of Dopp kits that provide a seamless balance between travel-friendly necessities and stylish appeal. His dedication to the Stealth Bros & Co mission has led the company to gain considerable attention, even earning a spot on Shark Tank Season 14 Episode 2.
The appearance of Stealth Bros & Co on Shark Tank not only gave the business a broader platform but also highlighted the importance of a unique idea that caters to a specific audience. With a friendly and innovative approach, Stealth Bros & Co has successfully combined the realms of travel essentials, luxury fashion, and practical solutions for those with unique storage needs.
Product Features
Stealth Bros & Co is a company that has designed a unique and luxurious Dopp kit, which is specifically created for carrying medical supplies such as needles, injections, and sharps waste. The product is crafted with a friendly and discreet appearance to ensure the users’ comfort and privacy.
One of the key features of this Dopp kit is the inclusion of multiple compartments that cater to various medical essentials. There are designated sections for alcohol swabs, testosterone bottles, needles, and toiletries. This organization makes it easy for individuals to store their supplies in an organized and easily accessible manner.
Another notable feature is the discreet design of the Dopp kit, which allows users to carry their supplies without drawing any unwanted attention. The subtle aesthetics make it suitable for people who need to carry their medications, such as diabetic patients and women, discreetly and comfortably.
Additionally, the Dopp kit has a built-in sharps container, providing convenience and safety for users who need to handle and dispose of used needles. This feature ensures the proper disposal of sharps waste and helps maintain a clean and hygienic environment.
In summary, the Stealth Bros & Co Dopp kit offers a user-friendly and discreet solution for carrying medical supplies such as needles, injections, and sharps waste. With multiple compartments and a subtle design, this product stands out as an effective and practical choice for individuals who require a safe and organized storage solution for their medical necessities.
Community Impact
Stealth Bros & Co, a company founded by Braxton Fleming in 2017, manufactures luxurious Dopp kits designed to help individuals discretely carry their medical supplies, such as injection needles and sharps waste. This innovative company has made a significant impact on underrepresented medical communities, particularly transgender individuals and children with injectable needs.
The company’s products provide a convenient and stylish solution for those who depend on daily injections or medications. The Dopp kits not only help to keep their medical supplies organized but also allow them to maintain privacy and dignity while navigating their healthcare journey. Stealth Bros & Co’s products have been embraced by the transgender community, especially at a time when transphobic laws have been enacted throughout the United States.
In addition to serving the transgender community, Stealth Bros & Co’s Dopp kits have also proven to be an invaluable resource for children with injectable needs. The sleek designs appeal to younger users, making it easier for parents and caretakers to keep youngsters on track with their medication schedules.
Furthermore, Stealth Bros & Co’s commitment to inclusivity and understanding the unique struggles faced by transgender individuals and children with injectable needs has earned them a positive image within these communities. Their appearance on Shark Tank Season 14 led to a successful deal with investors Barbara Corcoran and Mark Cuban, which has allowed the company to continue growing and supporting those who rely on their products.
Entrepreneur’s Background
Braxton Fleming, the founder of Stealth Bros & Co., had a diverse background that led him to create his innovative product. He pursued higher education at Kean University, where he developed a solid foundation in healthcare and business management.
During his time at Kean, Braxton discovered his passion for helping others, which motivated him to join the healthcare field. He successfully completed a licensed practical nursing program, equipping him with the necessary skills and knowledge to work in this challenging profession.
It was Braxton’s experience in nursing that inspired him to address the unmet need for discreet, stylish, and functional carrying solutions for medical supplies. Recognizing the importance of self-confidence and convenience for people who require essential medical tools on the go, he decided to found Stealth Bros & Co.
Combining his expertise in healthcare and his keen eye for style, Braxton started his company in 2017 in his own basement. His dedication to developing a product that could enhance the lives of people who need to carry medical supplies such as injection needles, turned Stealth Bros & Co. into a successful business.
Friendly and determined, Braxton Fleming’s journey showcases how one’s life experiences can foster the creation of a product that can change lives and bring newfound confidence to those in need. With his nursing background, a passion for helping others, and his entrepreneurial spirit, he has positioned Stealth Bros & Co. for continued success.
Investment and Valuation
Stealth Bros & Co, a company that manufactures luxurious Dopp kits for carrying medical supplies, sought funding on Shark Tank Season 14 Episode 2. The founder, Braxton Fleming, aimed to raise $200,000 for 15% equity in his company. The company’s pitch valuation stood at $1.33 million.
During their Shark Tank appearance, Braxton received an offer from two sharks—Barbara Corcoran and Mark Cuban. They decided to join forces and presented a combined offer. Their proposal included a $100,000 cash investment along with another $100,000 as a line of credit. Additionally, they requested a slightly higher equity stake of 20% in the company.
Braxton eventually accepted this offer, which turned out to be a major milestone in the journey of Stealth Bros & Co. The investment and line of credit provided the company with much-needed capital to scale their business and further develop their product offerings.
The friendly partnership with Barbara and Mark has been instrumental in helping Stealth Bros & Co navigate the challenges of a growing business. With their guidance and support, the company has continued to achieve notable success after their Shark Tank appearance.
Post Shark Tank Update
Stealth Bros & Co, founded by Braxton Fleming, appeared on Season 14 of Shark Tank, seeking an investment of $200,000 for 15% equity in the company. The luxurious Dopp kit company managed to secure a deal with Sharks Barbara Corcoran and Mark Cuban for $200,000 at an 18% equity stake, plus $100,000 as a line of credit.
Following their successful pitch on Shark Tank, the company saw a significant boost in sales, selling out nearly their entire inventory. This sparked a surge of interest in their products, especially the Stealth Sharps Shuttles, designed for the safe disposal of needles and sharps waste. This product line has proven to be a game-changer for those in the medical profession, particularly licensed practical nursing.
The company’s success has been further propelled by its continually evolving product lineup and a strong focus on meeting the needs of their diverse customer base. They have managed to maintain a friendly tone and high level of customer satisfaction by ensuring their products are both stylish and functional.
Moreover, the backing from well-renowned Sharks Barbara Corcoran and Mark Cuban has undoubtedly contributed to the brand’s credibility and visibility in a competitive market. The partnership has undoubtedly played a key role in the company’s sustained growth and enabled it to thrive in the years following the Shark Tank episode.
In conclusion, it is evident that Stealth Bros & Co’s appearance on Shark Tank has significantly impacted their success, establishing a positive brand image, and setting a solid foundation for ongoing growth in the market.
Partnerships and Availability
Stealth Bros & Co., the company founded by Braxton Fleming in 2017, made its appearance on Season 14 of Shark Tank seeking investment. The company specializes in manufacturing luxurious Dopp kits for individuals to safely and stylishly carry their medical supplies, such as injection needles and sharps waste.
When it comes to partnerships, Stealth Bros & Co. has been strategically working to expand its availability. They have successfully established partnerships with select CVS stores, increasing their presence in the retail market. As a result, customers can now find Stealth Bros & Co. products in CVS stores nationwide, making it more accessible to a larger audience.
In addition to their retail presence, Stealth Bros & Co. ensures customer convenience by offering their products through their official website. This online platform provides an easy-to-navigate shopping experience that showcases their luxurious Dopp kits as well as their commitment to customer satisfaction. Customers can simply browse, make selections, and securely check out from the comfort of their own homes or on the go.
In conclusion, Stealth Bros & Co. has made significant strides in expanding its partnerships and product availability since their appearance on Shark Tank. The company’s dedication to providing quality and stylish medical storage solutions is clear in their efforts to reach a wider customer base through retail platforms like CVS stores and their ever-growing online presence through their official website.
Future Prospects
Stealth Bros & Co, founded by Braxton Fleming in 2017, has gained quite a reputation since appearing on Season 14 of Shark Tank. The company manufactures luxurious Dopp kits designed primarily to help people carry essential medical supplies like insulin injections and sharps disposal vessels in a more fashionable and convenient manner.
As the demand for better solutions to organize and transport medical supplies grows, the company has the opportunity to expand its product line to cater to an even broader audience. From stylish sharps disposal vessels to patterned cases for insulin injections, Stealth Bros & Co can leverage its design expertise to create a unique niche within the medical accessory market.
Future collaborations and partnerships with other organizations advocating for individuals with medical needs can further boost the company’s presence. Considering the current social and political climate around transphobic laws being enacted in the United States, Stealth Bros & Co’s products can be a step towards providing practical and aesthetically pleasing solutions for individuals that require regular medical supplies to support their health.
Their continued innovation and attention to customer needs, along with a friendly tone and a focus on high-quality materials, will likely drive the future success of the Stealth Bros & Co brand. As the company moves forward, the expansion of its product offerings and the fostering of important partnerships will help Stealth Bros & Co stay at the forefront of the luxury medical storage industry.
Conclusion
Stealth Bros & Co has experienced notable growth and success following their appearance on Shark Tank’s Season 14 Episode 2. The company, founded by Braxton Fleming in 2017, offers luxurious Dopp kits for carrying medical supplies with style and convenience. They secured a deal with Sharks Barbara Corcoran and Mark Cuban for $200,000 in exchange for 18% equity, along with $100,000 as a line of credit.
The post-Shark Tank net worth of Stealth Bros & Co has likely increased significantly due to the exposure from the show and the subsequent selling out of their inventory. Although their exact net worth is not available, it’s clear that the company is on an upward trajectory.
On social media, Stealth Bros & Co has garnered a loyal following, and their meaningful product line continues to resonate with customers. The company’s mission and dedication to addressing specific needs in the market have built a strong brand identity that sets them apart from competitors.
By engaging with their target audience and consistently providing high-quality products, Stealth Bros & Co is well-positioned to maintain its growth and continue making a positive impact in the lives of those who rely on their offerings.
