Powered by

Home Shark Tank USA

TRUFIT Customs: Shark Tank USA S16 Ep01, a Mouthguard Startup

TRUFIT Customs, a Mouthguard Startup, appeared on Shark Tank USA Season 16 Episode 01. The founder aimed to secure investment and partnership from the sharks. Let’s see if he succeeded in getting the support he sought.

By Chahat Sharma
New Update
trufit ST


Appeared on Shark Tank Season 16, TRUFIT Customs is a Ventura, California, USA-based startup that sells Mouthguard. TRUFIT Customs appeared in Shark Tank USA Season 16 Episode 01. The pitch was presented by founder Matthew Hall. He was there to seek $750K in exchange for 5% equity.

What does TRUFIT Customs do?

TRUFIT Customs manufactures and sells mouthguards, which are designed to prevent grinding of teeth for athletes. TRUFIT is transforming the experience of mouthguards for athletes as traditional mouthguards are bulky and prevent athletes from communicating. And custom made mouth guards are expensive and unaffordable for many athletes.

TRUFIT Customs mouthguards utilize the latest 3D printing and scanning technology, they feature shock wave damping compression pads and a sleek, slim profile. They are designed to allow for easy breathing and speaking.

Company 

TRUFIT Customs

Founder

Matthew Hall

Founded in

2019

Headquarter 

Ventura, California, USA

Industry

Sports Retail

Sales 

$1.7 million projected  (at the time of the pitch)

Profitability 

Yes

Valuation

$15 million

Shark on Board 

Rashaun L. Williams

Asked Investment

$750,000 for 5% Equity

Raised Investment

$750,000 for 10% Equity

Website

https://trufitcustoms.com/

Conclusion - TRUFIT Customs

The founders of TRUFIT Customs presented an interesting pitch and explained the business to Shark on Shark Tank USA, Season 16 Episode 01. Shark Cuban and Daymond expressed concerns about the high competition and valuation of the product. Shark Lori also felt the investment would be difficult to recoup. However, Shark Kevin O'Leary offered $750K for 3% equity with additional terms, while Rashaun William offered $750K for 10% equity along with the promotion of the brand through athletes. Despite negotiations, TRUFIT Customs ultimately accepted Rashaun’s offer and successfully secured the funding to grow the business.

FAQ

Who is the founder of TRUFIT Customs?
Matthew Hall is the founder of TRUFIT Customs.
What is the founding year of TRUFIT Customs?
TRUFIT Customs was founded in 2019.
Did TRUFIT Customs get investment on Shark Tank USA?
Yes, TRUFIT Customs got an investment in Shark Tank USA.
Where is the headquarters of TRUFIT Customs?
The headquarters of TRUFIT Customs is in Ventura, California, USA.

Meet the Sharks: The Panel of Judges on Shark Tank USA