Ranjith Babu and Akshita Iyer want the Sharks to invest in Inirv, their smart stove knobs, in Shark Tank episode 915. Each stove knob interacts with a sensor that has gas, smoke and motion detectors. If the sensor notices a high level of smoke or gas or doesn't sense motion in the kitchen for a period of time, it “tells” the stove knobs to turn off the stove. As their company mission states: “we aim to revolutionize the way you interact with your kitchen, and create an ecosystem that allows for easier and safer cooking.”
Inirv sensors and knobs can be controlled through a smart phone app, Google Home, and Alexa. They only turn the stove off, the knobs won't turn the stove on. The idea is to make your home safer by never leaving the stove on. If you've ever left the house and thought, “uh oh, I left the stove on,” Inirv can turn it off for you.
The company got its start with a successful Kickstarter campaign that raised $175,548 in February, 2017. They raised another $183,727 on IndieGoGo too. So far, (as of January 1, 2018) they haven't delivered any products, but it appears they're working toward delivering to backers. They're currently taking “reserve orders” on their website. One sensor unit with one knob costs $99. A complete kit with a sensor unit and four knobs costs $229. Inirv only works on stoves with knobs – if your stove has buttons, you're out of luck. Babu and Iyer likely want a Shark's help with production issues.
Will a Shark sense the urgency of this investment opportunity?
INIRV Company Information
Posts About INIRV on Shark Tank Blog
INIRV Shark Tank Recap
Ranjith and Akshita will pitch the panel of five Sharks on the business and its prospects for growth. They'll need to convince Mark Cuban, Daymond John, Kevin O'Leary, 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 they’ll need to show them THEY are capable of running the company to “Shark standards." A full pitch re-cap on INIRV will be available on Shark Tank Blog once this episode airs.
INIRV 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 INIRV & Ranjith Babu and Akshita Iyer as more details become available.