Wine Doctor

wine doctorChase Hoyt and his father pitch their high-tech cork system, called Wine Doctor, in Shark Tank Episode 529. The Wine Doctor is a silicon cork and vacuum pump that removes all the air from an opened bottle of wine before re-corking it. The corks/stoppers have specially designed o-rings using  “True-SealTM technology” to assure a tight seal. If air does get in, each stopper has a red indicator that lets you know if you need to pump out more air.

Hoyt and his dad invented the Wine Doctor back in 2008 when they encountered a ruined bottle of wine they'd opened the night before. After a few years of tinkering, they emerged with the patented Wine Doctor and went into business in 2011. The product is available at Bed, Bath, and Beyond, many independent liquor and wine stores, vineyards, and Amazon.

The Hoyts are likely looking for cash to fulfill orders and a strategic partner.

Wine Doctor Shark Tank Recap

Chase and his father will pitch the panel of five Sharks on the business and its prospects for growth. They’ll need to convince Mark Cuban, Lori Grenier, Kevin O’Leary, Barbara Corcoran, 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 they’ll need to show them THEY are capable of running the company to “Shark standards.” A full pitch re-cap on Wine Doctor will be available on Shark Tank Blog once this episode airs.

Wine Doctor 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 Wine Doctor and the Hoyts as more details become available.

Posts About Wine Doctor on Shark Tank Blog

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