Ehan and Vinay Kamat pitch Solemender, a device that helps with plantar fasciitis symptoms, in Shark Tank episode 901. Ehan got the idea for his product when he saw his mom rolling her feet on a frozen water bottle to cure her plantar fasciitis pain. He envisioned a less messy way to use this doctor recommended cure, so he invented a re-freezable roller that sits in a non-skid base. Together with his dad (Vinay), he patented the invention.
Ethan is one of those Shark Tank Kids that has an early drive for entrepreneurship. He's a member of Independent Youth, a national teen entrepreneurship empowerment organization. He also won numerous entrepreneurial awards including:
– 2017 Saint Louis University Angels in the Outfield Pitch Contest (Second Place)
-2017 Baylor University Youth Entrepreneur of the Year (Second Place)
-2016 Saint Louis University Angels in the Outfield Pitch Contest (Grand Prize)
-2016 Upstart 100 (Top 21 Inventors in the United States)
-2015 Saint Louis University Teen Escalator Pitch Contest (Grand Prize)
-2015 Start Up Weekend Saint Louis (Grand Prize)
The product itself it fairly simple. It's a lot like other foot rollers on the market with the exception of the non-slip base and freezable roller. A new Solemender – named after a pun from Shakespeare's Julius Caesar where a cobbler claims to be a “mender of bad soles,” will set you back $39.99. It's readily available on the company website and on Amazon. Ethan Likely wants a Shark's help taking his business into more distribution channels.
Will a Shark be “sole-d” on this investment?
SoleMender Company Information
Posts about SoleMender on Shark Tank Blog
SoleMender Shark Tank Recap
Ehan and Vinay will pitch the panel of five Sharks on the business and its prospects for growth. They'll need to convince Mark Cuban, Barbara Corcoran, Kevin O'Leary, Lori Grenier, and Alex Rodriguez that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards." A full pitch re-cap on SoleMender will be available on Shark Tank Blog once this episode airs.
SoleMender 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 SoleMender & Ehan and Vinay Kamatas more details become available.