Dude Wipes are disposable wipes produced by the Chicago-based Dude Products company. The Dude Wipes brand was introduced in 2012 and won the Consumer Products Conference’s 2013 Visionary Award.
|Company Full Name||Dude Wipes|
|Company founded by||Ryan Meegan, Sean Riley, Brain Wilkins and Jeff Klimkowski|
|Pitch||A line of sanitary wet wipes that are designed and marketed specifically for men|
|Asked For||$300,000 for 10% equity|
|Final Deal||$300,000 for 25% equity|
|Dude Wipes Net Worth||$25 million (Last Updated 2022)|
Dude Wipes Net Worth
It is estimated that Dude Wipes has a net worth of about $25 million. According to their co-founders, their revenue increased from $15.5 million in 2019 to $40 million in 2020.
Dude Wipes Overview
There wasn’t a wet wipes brand specifically for men, which is why the guys at Dude Wipes decided to fill this void. A few of the friends came up with the idea when they were in college, realizing there weren’t any sanitary wipes designed specifically for men, taking into account their specific needs.
Dude Wipes: A Brief Introduction
As a result of its appearance on Shark Tank, Dude Wipes has branched out to offer a wide range of products beyond its disposable sanitary wipes.
Dude Wipes were initially designed for men to have a large, sanitary wipe on hand so they could use them throughout their daily lives on all of their “dude parts.” The wipes are made with beneficial ingredients such as aloe and vitamin E to make them gentle enough to clean sensitive parts of the body.
In addition, they’re naturally degradable, so they won’t pose a problem if you go flush them down the toilet. A great advantage of these wipes over regular baby wipes is that they are durable.
Dude Wipes Shark Tank Appearance and Deal
In the seventh season of Shark Tank, Dude Wipes appeared in episode 4. When the sharks heard the pitch for Dude Wipes, they were clamoring for a deal. The Dude Wipe guys accepted Mark’s $300,000 offer for 25% equity.
Clearly, Cuban made the right decision when he invested in Dude Wipes, since they are still in operation, and their product line continues to grow.
Mark Cuban must be chuffed that he got a piece of Dude Wipes, a company that has added items such as Chill Wipes, Dude Bombs, and many other items to it’s popular line of products. Dude Wipes continues to grow and it’ll be fascinating to see how it progresses.