FiberFix made a big splash on Shark Tank Season 5. It impressed investors with its amazing strength. Eric Child and Spencer Quinn created this heavy-duty tape, saying it’s 100 times stronger than duct tape. It’s been used to fix everything from plumbing to broken furniture.
This tape is made with resin and strong fibers. It’s a lasting fix for quick repairs. DIY fans and pros love it for its versatility and durability. Now, it’s found in stores all over the U.S.
FiberFix’s success shows the power of innovation in repair products. Its Shark Tank appearance not only got it a deal but also made it famous. Now, it’s taking on traditional duct tape, aiming to be a common name in homes.
Key Takeaways
- FiberFix is marketed as 100 times stronger than duct tape
- The product secured a $120,000 deal on Shark Tank
- FiberFix is available in over 1,600 stores nationwide
- It’s used for various repairs from hot tubs to leaky pipes
- The company has expanded its product line since Shark Tank
What is FiberFix?
FiberFix is a new repair solution that’s making waves in the DIY world. It’s a heavy-duty tape that’s stronger than duct tape. It’s great for fixing things around the house and in industrial settings.
The innovative repair solution
FiberFix is different from regular adhesive tapes. It has industrial-grade fibers and a special resin. This mix makes a tape that’s not just sticky, but very strong.
When you add water, the resin hardens. This creates a strong and lasting bond.
Strength compared to duct tape
FiberFix is way stronger than duct tape. It’s said to be 100 times stronger. This makes it perfect for tough repairs.
It can handle extreme temperatures and high pressure. So, your fixes will last a long time.
Applications and uses
FiberFix is very versatile. It can fix broken tools, seal leaky pipes, and even mend furniture. Here are some unique uses:
- Mending cracked garden hoses
- Repairing broken sports equipment
- Fixing automotive parts
- Patching holes in boats
FiberFix can be sanded and painted after use. This makes it great for both quick fixes and long-term repairs. It’s changed the way we do home and industrial repairs, offering a better solution than traditional methods.
The Creators Behind FiberFix
FiberFix founders Eric Child and Spencer Quinn made a game-changing repair solution. They used their product development skills to create something better than duct tape.
Eric Child and Spencer Quinn had a background in innovation. They wanted to make a repair tape stronger and more durable than others.
Their creativity led to a product 100 times stronger than duct tape. Many YouTube videos have tested this, showing FiberFix’s ability to fix things like pipes and skateboards.
| Founder | Role | Expertise |
|---|---|---|
| Eric Child | Co-founder | Product Development |
| Spencer Quinn | Co-founder | Innovation |
Child and Quinn’s invention is used in many places, from home repairs to industrial settings. They also made a heat wrap version for exhaust systems, making FiberFix even more useful.
How FiberFix Works
FiberFix is a game-changer in repair technology. It uses advanced tech to offer unmatched strength. This product has changed how we fix things, making it a better choice than old methods.
Water-activated Resin Technology
FiberFix’s secret is its water-activated resin. This special mix creates a super-strong bond when wet. It hardens fast, making repairs that last under heavy use.
Application Process
Using FiberFix is easy. Just cut a piece, wet it, and wrap it around the broken area. It’s simple enough for anyone to use, whether you’re a DIY expert or a pro.
Drying Time and Strength
FiberFix dries in just 10-15 minutes. Once dry, it’s 100 times stronger than duct tape. The resin forms a bond as strong as steel, ready for sanding or painting.
| Feature | FiberFix | Duct Tape |
|---|---|---|
| Strength | 100x stronger | Standard |
| Drying Time | 10-15 minutes | Immediate (but less durable) |
| Permanent Bond | Yes | No |
| Can Be Sanded/Painted | Yes | No |
FiberFix Shark Tank Appearance
FiberFix made a big impact on Shark Tank with its innovative repair tape. The creators wanted $90,000 for a 10% stake in their company. Their pitch caught the Sharks’ attention right away.
Pitch and Demonstration
The FiberFix demo amazed the Sharks. The creators showed off the product’s strength by making a hammer that could smash cinder blocks. This bold move showed FiberFix was stronger than regular duct tape.
Sharks’ Reactions
The Sharks were impressed. Several investors made offers, seeing FiberFix’s potential. The product’s strength and versatility led to a bidding war.
Deal with Lori Greiner
After thinking it over, FiberFix made a deal with Lori Greiner. They agreed to her offer of $120,000 for 12% equity. This deal valued the company more than they asked for. Greiner’s QVC connections were a big reason for their choice.
| Deal Aspect | Initial Ask | Final Deal |
|---|---|---|
| Investment | $90,000 | $120,000 |
| Equity | 10% | 12% |
| Valuation | $900,000 | $1,000,000 |
The Shark Tank appearance was a game-changer for FiberFix. Their sales jumped from $300,000 before the show to almost $6 million after. On their first QVC appearance with Greiner, they sold 45,000 rolls in just 10 minutes.
Product Range and Specifications
FiberFix offers a wide range of repair solutions for many needs. Their main product, a repair tape, comes in three sizes. This helps tackle different repair jobs:
- 1″ x 40″ for small repairs
- 2″ x 50″ for medium-sized fixes
- 4″ x 60″ for larger projects
FiberFix has also introduced UV resistant patches. These patches are 3″ to 8″ in size. They are great for fixing boat hulls and bathtubs. This makes FiberFix products versatile for many repair tasks.
Here’s a closer look at the specifications of FiberFix repair tape sizes and their uses:
| Size | Best For | Strength |
|---|---|---|
| 1″ x 40″ | Small tools, garden equipment | 100x stronger than duct tape |
| 2″ x 50″ | Pipes, furniture repairs | 100x stronger than duct tape |
| 4″ x 60″ | Large machinery, outdoor repairs | 100x stronger than duct tape |
FiberFix products have impressive features. The repair tape is waterproof and resistant to heat and cold. It’s also non-toxic and dries quickly for a lasting fix. The UV resistant patches add to the product’s use outdoors and in water, ensuring repairs last longer in tough conditions.
FiberFix’s Success After Shark Tank
FiberFix’s journey after Shark Tank shows the power of new ideas and smart partnerships. The company’s sales soared, marking a big change in its growth.
Sales Growth and Expansion
Shark Tank had a big impact on FiberFix. Their sales jumped from $300,000 to $6 million quickly after the show. This huge growth came from the TV exposure and trust it built.
Retail Partnerships
FiberFix’s success kept growing with more retail deals. It landed in big stores like Ace Hardware, True Value, Home Depot, and Lowes. Being in over 20,000 stores worldwide helped keep the company thriving.
QVC Success
FiberFix’s QVC debut was a huge hit. They sold 45,000 rolls in just 10 minutes. This showed how much people loved the product and how good their marketing was.
| Milestone | Achievement |
|---|---|
| QVC Sales | 45,000 rolls in 10 minutes |
| Sales Growth | $300,000 to $6 million |
| Retail Presence | Over 20,000 locations |
Acquisition by J-B Weld
In a big move, J-B Weld bought FiberFix in late 2018. This marked a new chapter for FiberFix, which was first seen on Shark Tank in 2013. The company had made $50 million in sales in just six years.
J-B Weld, founded in 1969 in Texas, was already big. It was sold in over 50,000 stores in the U.S. and 30 countries. FiberFix, seen on Shark Tank, quickly grew to over 20,000 stores worldwide.
This move helped J-B Weld grow its product line. It also made it stronger in the DIY repair market. FiberFix got access to J-B Weld’s big network and years of experience. Together, they could offer new repair solutions to more people.
| Company | Retail Locations | Global Presence |
|---|---|---|
| J-B Weld | 50,000+ | U.S., Canada, Mexico, 30+ countries |
| FiberFix | 20,000+ | Worldwide distribution |
Current Status and Availability
FiberFix has seen big changes since Shark Tank. The product line has grown and changed, meeting new market needs and under new ownership.
Rebranding as FiberWeld
After being bought, FiberFix got a new name. Now, it’s called FiberWeld, part of the J-B Weld family. This change shows FiberFix’s new tech and J-B Weld’s strong reputation in repair and adhesives.
Where to Purchase
FiberWeld is still easy to find. You can buy it on the J-B Weld website and on Amazon. Since Shark Tank, it’s now in over 10,000 places worldwide.
| Platform | Availability | Product Range |
|---|---|---|
| J-B Weld Website | Yes | Full FiberWeld line |
| Amazon | Yes | Selected FiberWeld products |
| Retail Stores | 10,000+ locations | Varies by store |
FiberFix, now FiberWeld, has done well. By 2019, it made $65 million and added 15 new products. This shows people still want strong repair solutions.
Even though FiberFix is now FiberWeld, its core tech and quality stay the same. Fans of FiberFix can still count on its strength and versatility.
Conclusion
FiberFix has made a big splash in the repair tape market, thanks to Shark Tank. It changed the game with its strong, durable fix that goes beyond duct tape. From its first pitch to its fast growth, FiberFix showed how a clever idea and smart business can win big.
The tape’s success didn’t just impress the Sharks. FiberFix also grew its product line, offering different sizes and tools for $28. While some users loved it, others had mixed feelings. This shows how important it is to use it right.
FiberFix’s story from Shark Tank to being acquired is inspiring. Now known as FiberWeld, it’s still a top choice for fixing tough problems. This success story teaches us that a simple idea can really change a market with the right plan.