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SweepEasy Broom Cleans Up on the Shark Tank




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SweepEasy is a broom with a scraper built in to help you remove caked on oatmeal and other sticky debris that pitched on Shark Tank.  He came in requesting $40,000 for 25% equity.  It was founded by stay-at-home dad, Shane Pannell.  The retail price would be $19.95.

The company’s tagline is “Scrape, Sweep and Go” and the product according to Pannell is patent-pending.

SweepEasy caused a literal feeding frenzy amongst the angel investors.

Kevin O’Leary said he doesn’t want to be in the distribution of brooms but was more interested in licensing.  He initially offered $40k for a 20% stake.  After Kevin Harrington‘s input, he then upped it to $50k for 20%.

Kevin Harrington said SweepEasy should explore direct to consumer and not just licensing.  Harrington said he’d like to do commercial here in the United State and then license to international markets.  He offered a $50k offer for 25% stake.

Daymond John offered $75k for 33% and suggested with his branding expertise that he will “create an entire company”.

Robert Herjavec suggested licensing the technology to existing broom makers.  He then collaborated with O’Leary who offered a joint investment for $80k for 40%.

Barbara Corcoran opted out didn’t thinking Shane could handle this business and take it over the finish line.

Daymond John and Kevin Harrington then collobarated and made a joint offer for $80,000 for 25% which Pannell accepted after some pressure from Daymond John.

If you’re an entrepreneur and want to see which of the Sharks your business might fit best with, check out our free invitation-only Funding Recommendation Engine.  Get an invite here.

Check out how we analyzed Shark Tank investment data for seasons 1 and 2.  We also highlighted that Mark Cuban has written the largest checks in season 2 and that Daymond John has invested the most money and that Barbara Corcoran has invested the most. And we’ve also discussed whether Shark Tank TV is realistic to the real world.

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8 Responses to “SweepEasy Broom Cleans Up on the Shark Tank”

  1. Mark says:

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    Wow. Shark frenzy! Great, great, great idea! Congrats! I’ve never seen anything like it and you made the right call, even though you got pressured. Take it to the bank! I’d pay 19.99 ALL DAY LONG! I love that you keep my invention dreams ALIVE!!!!!!!! I love it, dude! Yeahhhhhhh for you and family!

  2. Lisa Ann says:

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    We would NEVER BUY this product. Our first thought–and I am not sure WHY these guys didn;t ask is, HOW do you keep this from SCRAPING YOUR FLOOR, MAKING MARKS? No way would we use this on our wood floor, it would leave the worst scrapes. Any floor that is not linoleium this will cause more damage than not. AND where is the dustpan for this? This is SOO STUPID.

  3. Rebecca says:

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    I personally wouldn’t use it on wood floors, BUT the home I live in is filled with tile, which would make it perfect for me. I love the design and I can see him making a huge profit on it. As for Lisa Ann’s question of ‘where is the dustpan for this,’ honestly if you can’t provide your own then there is something wrong here.

    I think it’s a genius idea, and I can’t wait to see what happens with it.

  4. Fred says:

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    @ Lisa Ann:
    What a shortsighted criticism! Most people ambitious enough to keep their
    floor clean would see the limitations with hardwood floors. That is why God gave us a brain! You get too hung up on details! Look at the big picture. And who the heck ever heard of a dustpan connected to a broom? I say this idea is simple, but far reaching. Kudos to Mr. Pannell! Wish Ida thunk it! Ain’t capitalism beautiful!?

  5. caron addis says:

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    I represent another ENTIRE market….PETS! I have a cockatoo and she leaves small deposits that turn to rock after they hit the floor. My husband has put together all kinds of scrapers on a stick…BUT ADDING A BROOM is brilliant. YES IWANT ONE asap! Good luck to you and thanks

  6. Carl Henley says:

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    Lisa, your funny, they already make dust pans attached to brooms, where have u been, u can get them at Walmart. A simple solution is to coat the tip of the scraper with a non abrasive substance like Teflon , so floors won’t scrape, I’m sure they will think of this, Lisa your wood must be cheap to scrape that easy! Admit it is a great idea. Mist households in america are nit wood anyway .

  7. ARLENE says:

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    I AM WAITING TO BUY THIS ITEM AND WANT TO KNOW WHEN IT WILL BE FOR SELL? I SAID TO MY DAUGHTER THAT BEFORE I SEEN THIS ON TV WE NEEDED SOMETHING TO DO WHAT HE CLAIM IT DOES.. CAN’T WAIT TO BUY IT…

  8. Liz says:

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    I think it’s a great product and can’t wait to get my hands on one too! I’m happy that his wife will get to stay home now! He came up with a good idea and will definitely reap the benefits. By the way, how hard could the plastic scraper be to leave marks on a wood floor. You’d have to be scrapin pretty hard to do that. I’m sure it’ll be suitable for all floors. If you don’t like, don’t buy it!

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