Total amount raised
Latest funding date
Location
SoapSox has successfully raised funds over multiple rounds, focusing on creating innovative bath products for children. The company offers a range of plush, lovable characters designed to make bath time fun for kids and easy for parents.
Keep reading to explore the intricacies of SoapSox's fundraising journey and the investors backing this innovative platform.
What Is SoapSox?
SoapSox, founded in 2013 by Ray Phillips, specializes in children's bath products and accessories. The company aims to transform bath time into a fun and comforting experience for kids and an easier task for parents.
Known for its plush, lovable characters that hold soap, SoapSox has gained recognition on platforms like Shark Tank and Oprah’s Favorite Things. The company is committed to supporting organizations that provide safe environments for children.
How Much Funding Has SoapSox Raised?
- Funding Round 1
- Amount Raised: $50,000
- Date: September 2013
- Lead Investors: Mark Cuban, Lori Greiner
- Funding Round 2
- Amount Raised: $1,000,000
- Date: June 2015
- Lead Investors: Lori Greiner, Daymond John
- Funding Round 3
- Amount Raised: $500,000
- Date: March 2017
- Lead Investors: Daymond John, Robert Herjavec
SoapSox has raised a total of $1,550,000 over these funding rounds.
Key Investors
- Mark Cuban
- Details: Mark Cuban is an American entrepreneur and investor, best known for being the owner of the NBA's Dallas Mavericks. He is also a prominent figure on the television show Shark Tank.
- Investment Focus Areas: Technology, sports, media
- Notable Investments: Magnolia Pictures, AXS TV, Cyber Dust
- Lori Greiner
- Details: Lori Greiner is an inventor, entrepreneur, and television personality, often referred to as the "Queen of QVC" for her success in selling products on the shopping network. She is also a regular investor on Shark Tank.
- Investment Focus Areas: Consumer products, retail, health and wellness
- Notable Investments: Scrub Daddy, Squatty Potty, Simply Fit Board
- Daymond John
- Details: Daymond John is an entrepreneur, investor, and motivational speaker, best known as the founder of the clothing brand FUBU. He is also a regular investor on Shark Tank.
- Investment Focus Areas: Fashion, branding, consumer products
- Notable Investments: Bombas, Bubba's-Q Boneless Ribs, Sun-Staches
- Robert Herjavec
- Details: Robert Herjavec is a Canadian businessman, investor, and television personality, known for founding the cybersecurity firm Herjavec Group. He is also a regular investor on Shark Tank.
- Investment Focus Areas: Cybersecurity, technology, consumer products
- Notable Investments: Tipsy Elves, Happy Feet, Synapse
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