Tom Burden wants to get a grip on a Shark and have one invest in Grypmat, his tool mat that grips virtually any surface, in Shark Tank episode 912. Burden, a veteran Air Force jet mechanic, created Grypmat to let folks who work with tools have a safe and secure place to put them down while on the job. He brought the product to market with a successful Kickstarter campaign that raised over $133,000 in early 2017. By July, 2017 all Grypmats made it into the hands of backers.
Burden spent a lot of time working on jets in his air force days. The odd angles and curves of a plane make it difficult to set tools down without them slipping. The silicone Grypmat sticks to any surface and it has small troughs – like those found in a utensil drawer organizer – that hold tools. While designed for airplanes, auto mechanics and do-it-yourselfers of all kinds use it to hold their tools and hardware while working.
The product is a “non-magnetic, non slip, chemical resistant, anti-static rubber tool mat that can hold tools at extreme angles (up to 70 degrees) on a variety of work surfaces.” It's washable, durable, and resistant to chemicals and fuels. Anyone who uses tools and needs a place to put them down while working can use a Grypmat. They come in small (6″x 12″), medium (8″x 12″), and large (12″x 22″) sizes. A three pack costs $129.00. Burden likely wants a Shark's help expanding his retail reach.
Will a Shark grab onto this idea and invest?
Grypmat Company Information
Posts About Grypmat on Shark Tank Blog
Grypmat Shark Tank Recap
Tom will pitch the panel of five Sharks on the business and its prospects for growth. He'll need to convince Mark Cuban, Daymond John, Sir Richard Branson, Lori Grenier, and Robert Herjavec that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but he’ll need to show them HE is capable of running the company to “Shark standards." A full pitch re-cap on Grypmat will be available on Shark Tank Blog once this episode airs.
Grypmat Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on Grypmat and Tom Burden as more details become available.