Hydroviv is a Washington, District of Columbia-based startup that sells Water Filtration. Hydroviv appeared in Shark Tank USA Season 10 Episode 19. The pitch was presented by founder Dr. Eric Roy. They were there to seek $400K in exchange for 10% equity.
What does Hydroviv do?
Hydroviv is a water filtration company that creates customized filters for each customer's water. The company offer several types of filters, including under-sink filters that fit in small spaces, shower filters that remove harmful chlorides to protect skin and hair and refrigerator filters optimized for your city's water. Hydroviv filters are NSF-certified and protect against contaminants like PFAS, lead, arsenic, chromium 6, mercury, pesticides and more. Their filters are Hand-built in Knoxville, TN and are easy to install in about 15 minutes.
Company |
Hydroviv |
Founder |
Dr. Eric Roy |
Founded in |
2015 |
Headquarter |
Washington, District of Columbia |
Industry |
Water Filtration |
Sales |
$300K at the time of the pitch |
Profitability |
Yes |
Valuation |
$4 million |
Shark on Board |
Mark Cuban |
Asked Investment |
$400K for 10% Equity |
Raised Investment |
$400K for 20% |
Website |
Conclusion
The founder of Hydroviv presented an interesting pitch on Shark Tank USA Season 13. The sharks appreciated the founder for contributing to society through his startup. Shark Cuban was impressed with the business and its approach and offered a deal. The founders accepted the offer and partnered with Mark Cuban. However, the deal ultimately fell through. Despite that, the startup continued to thrive and is successfully moving forward with its innovative water filters.
Explore Shark Tank USA Season 16 Episode 06.
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