Funkk Off, known officially as FunkkOFF!, is a company that emerged with a unique solution to a common problem encountered by its founder, Joelle Flynn. In 2010, Flynn was inspired to create the product due to the inconvenience of wine stains on teeth, which also necessitated the removal of lipstick for cleaning. This led to the development of FunkkOFF! TeethRefreshers, a product designed to offer a convenient and effective way to maintain dental hygiene on the go, especially after consuming staining substances like wine.
FunkkOFF! continues to operate successfully, headquartered in Dana Point, California, and employs between 2 to 10 people. The company has expanded its product line to include various hygiene products such as hand wipes, sport wipes, and screen wipes, catering to a broader market.
Product Name: FunkkOFF! TeethRefreshersยฎ
FunkkOFF!, “As Seen on Shark Tank!”, is a product aimed at providing on-the-go breath freshening and teeth cleaning. It’s a 2-in-1 reusable tool that combines a toothbrush with built-in toothpaste. Here’s a quick breakdown of its introduction:
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Bio:
| Information | Details |
| Company Name | FunkkOFF |
| Founders | Joelle Flynn and Sonia Hounsell |
| Year Founded | 2010 |
| Headquarters | Dana Point, California, United States |
| Product | Pocket-sized teeth refresher |
| Investment Sought on Shark Tank | $250,000 for 5% equity |
| Valuation on Shark Tank | $5 million |
| Funding Raised So Far | $675,000 |
| Founders’ Initial Investment | $325,000 |
| Sales | $82,000 (as of the latest update) |
| Profit/Loss | -$130,000 |
| Cash in Bank | $50,000 |
| Retail Cost of Product | $22 |
| Margin | 67% |
| Units of Product Available | 2,800 |
| Business Status | In Business |
| Net Worth | $5 million (estimated) |
| Website | FunkkOFF |
Key Features:
- 2-in-1 Design: Combines toothbrush and toothpaste in one unit.
- Reusable: Can be used up to 30 times, reducing waste.
- Portable: Compact and convenient for carrying in pockets, purses, or travel bags.
- Freshens Breath: Removes lingering food and drink odors.
- Whitens Teeth: Helps maintain a whiter smile.
Net Worth of Funk Off:
FunkkOFF is a company founded by Joelle Flynn and Sonia Hounsell in 2010, headquartered in Dana Point, California. They sought a $250,000 investment for a 5% stake on Shark Tank, valuing their company at $5 million. Despite not securing funding from the sharks, FunkkOFF remains in business and has raised a total of $675,000. The product retails for $22 with a margin of 67%, and the company has faced challenges with losses amounting to -$130,000. As of the latest update, FunkkOFF’s net worth is estimated to be $5 million.
FunkkOFF, the company featured on Shark Tank, sought a $250,000 investment for a 5% stake, valuing their company at $5 million. As of 2024, FunkkOFF’s net worth remains at $5 million, with the founders focusing on expanding and developing their business further
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Funk OFF: Growth Highlights and Source of Income
Growth Highlights:
- Founding and Development: FunkOFF! was co-founded by Joelle Flynn and Sonia Hounsell in 2010, with the product inspired by the need for a convenient solution to remove wine stains from teeth without disturbing lipstick. The company relaunched in 2019 after a brief closure, indicating resilience and commitment to their visionโโ.
- Innovative Product: The flagship product, FunkOFF! TeethRefreshers, combines a toothbrush and toothpaste in a compact, lipstick-sized device, offering a unique solution to on-the-go dental hygiene. Its formulation is all-natural, vegan, and free from harmful chemicalsโโ.
- Crowdfunding Success: To kickstart their venture, Flynn and Hounsell launched successful crowdfunding campaigns on Kickstarter and Indiegogo, raising significant funds from backers. This initial support was crucial for product development and market entryโโ.
- Shark Tank Appearance: One of the major highlights was their appearance on Shark Tank, where they sought $250,000 for 5% equity. Despite not securing a deal, the exposure provided valuable publicity and affirmed their product’s market potentialโโ.
Source of Income:
- Sales Channels: FunkkOFF! has diversified its sales through multiple channels, including their website, Amazon, and retail stores. This multi-channel approach has expanded their reach to a wider audienceโโ.
- Product Range Expansion: Initially focused on the TeethRefreshers, FunkkOFF! has since expanded its product line to include a range of hygiene products such as hand wipes, sport wipes, and screen wipes. This diversification has likely contributed to their income streamsโโโโ.
- Retail Partnerships: The availability of FunkkOFF! products in over 49 retail stores and specialty shops is a testament to their market acceptance and demand. Partnerships with retailers have provided a steady income source and increased brand visibilityโโ.
