What investment did Lori Greiner offer for Scrub Daddy on Shark Tank?

Lori Greiner offered $200,000 for 20% of Scrub Daddy on Shark Tank. The deal valued the company at $1 million at the time of the televised negotiation.

Scrub Daddy is a reusable cleaning sponge whose texture changes depending on water temperature. Its FlexTexture material becomes firm in cold water and softer in warm water, while the smiling face design helps create distinctive product recognition.

The investment is often remembered because Greiner’s retail and product-marketing background matched Scrub Daddy’s consumer-goods potential. A Shark’s on-screen offer is not automatically the same as a finalized transaction; deals can be modified or withdrawn during later due diligence. In this case, Greiner became closely associated with the brand’s growth.

The percentage matters as much as the dollar amount. Twenty percent equity means the investor receives a stake in the company, rather than simply lending the business $200,000. That distinction is central to understanding Shark Tank negotiations.