Michael Ingle is the founder of Clean Sleep. Clean Sleep FAQS What is Clean Sleep?Ĭlean Sleep is a mattress cleaning business that utilizes UV light, dry steam, a vacuum, infrared heat, and antibacterial nanotechnology to eliminate bacteria, dust mites, and bed bugs from mattresses. There is no competitor identified for Clean Sleep. Michael appears on Shark Tank Season 7 episode 18 in search of $1.5 million in exchange for 15% of his firm. In the future, he may potentially completely dominate his niche.Īs of April 2021, this firm was still operating, generating $2.7 million in yearly sales. While Clean Sleep did not receive a nibble from the Sharks, the firm has established a foothold in the hotel service market. He has begun franchising in the Texas area and has begun contracting with hotels.
What Happened to Clean Sleep after the Shark Pitch?Īlthough Michael and his firm Clean Sleep did not land a contract on Shark Tank, he has not given up on his aim of becoming a household name and spreading the business throughout the United States. Michael exits the shark tank, taking the positives with him. Wonderful asserts that he must pay $1.5 million to ascertain what he does not know he is thus out. Lori believes it is brilliant, but it will take a long time she is out.
Robert explains that there are two types of proofs of concept: technical and business, and the longer Michael spoke, the less he loved the business he exits.īarbara asserts that she has a long way to go before she sees a return she has exited. Mark loves the concept and says he’d be interested if you asked for $150,000 for another truck he’s gone, but assures Michael he’ll be a client.
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Mark adds that another revenue stream for the firm would be to lease the equipment to hospitals and conduct a trial program. He was hired by Boeing and earned a “Masters in Google, Yahoo, and Bing.” She took him to his grandparents, and it was then that he understood there are individuals who observe events and those who create them he desired to be the latter. He ran away from home at the age of 14 and contacted an aunt in San Antonio in search of a place to stay. Lori recommends that he sell the equipment to hotels. He earned $75K in sales his first year in business and broke even. Michael’s vehicle sales alone exceeded $100,000 in the preceding eighteen months. Michael indicates that he is now in the process of selling his first franchise for $435,000. Robert is inquisitive about the previous year’s sales. Wonderful believes it is excessively inexpensive. Robert inquires about the cost of the service, to which Michael responds that the regular rate is $89.95. The firm serves 30 hotels and has saved one hotel $ 100,000 by cleaning and sanitizing their mattresses rather than replacing them.Īccording to him, people frequently change their sheets but never clean their mattresses. Michael recounts that around eight years ago, when his bed sheets were still drying, he fell asleep on his mattress and was taken aback by how filthy it was.Īccording to him, a home customer’s mattress should be cleaned every six months. Robert appears impressed when the product is demonstrated. The 15-minute procedure utilizes UV light, dry steam, and power vacuums. Michael then introduces the Clean Sleep mattress cleaning machine, which he claims is 99 percent successful in eliminating bacteria, viruses, mildew, dust mites, and bed bugs from mattresses. Michael continues with a slideshow of pictures demonstrating how each mattress acts as a gigantic sponge, collecting bacteria, dirt, and human excrement. He begins by stating that Clean Sleep will revolutionize the way you sleep at night. Below that, products are listed by season.This implies a valuation of $10 million. The following list is an alphabetical list of every product/business that has appeared on the show. If you do not see a company on this page, they were not on the show. The Shark Tank Blog is the longest running fan blog of its kind and is the most comprehensive resource for finding information on the businesses appearing on the show.