Harrison Broadhurst and Chris Rannefors hope a Shark goes to bat for BatBnB, their line of designer bat houses, in Shark Tank episode 1022. The pair first began sketching designs for their bat houses in 2016. Rannefors started building bat houses with his dad as a kid. Broadhurst's mother studied bats with her grade school biology classes. The guys set out to build a better bat house when they learned mosquito populations were growing due to warmer, wetter winters while bat populations were suffering due to habitat loss, disease, and wind turbines. Bats are the best natural mosquito control in the world: one eats about one thousand mosquitoes per hour.
Rannefors recognized the benefit of bats and that many bat houses on the market were poorly designed for the animal and/or aesthetically unpleasing. BatBnB houses feature snug spaces (which bats like), interior grooves for the bats to grip onto, and a rot resistant, water sealed cedar structure. They got their business going with an IndieGoGo campaign that raised $119,782 back in September of 2017. They also have the endorsement of renowned bat ecologist, Merlin Tuttle.
Now, they have customers in 47 states and 7 different countries. There are seven different BatBnB models ranging in price from $95 to $350 for the “Mammoth” model. They're designed to attach to a house, barn or pole. Each model is sleek and elegant looking and provides an optimal place for bats to live and safely raise their young. They sell direct on their website and on Amazon. The guys – now known to their friends as “the Batmen,” are looking for a Shark to help them with mass production and wider distribution. Will a Shark invest or think this idea is batty?
BATBnB Company Information
Posts about BATBnB on Shark Tank Blog
BATBnB Shark Tank Recap
Harrison and Chris will pitch the panel of five Sharks on the business and its prospects for growth. They'll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec and Daymond John 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 BATBnB will be available on Shark Tank Blog once this episode airs.
BATBnB 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 BATBnB & Harrison Broadhurst and Chris Rannefors as more details become available.