Thanks to the love and support of my family, my incredible team, our loyal partners and customers, and Lori's ongoing support, we are well on our way.įlexScreen is the future, and the future is bright. They are easy to install and wont bend and break like standard window screens. Since that first appearance, company growth has skyrocketed, and FlexScreen was featured again in a Shark Tank Update segment where Lori Greiner said, "Our goal with FlexScreen is to replace the window screen industry completely." FlexScreen window screens are designed to be flexible. Having three of the five Sharks battle over FlexScreen and hooking a deal with Lori Greiner exceeded my expectations - and that was only the beginning. Just a few months later, I was standing before the Sharks and the 30+ million viewers of the show, presenting the product I had invented in my garage - and it was surreal. Days later, when a call from "Sony Pictures'' appeared on my cell phone, it hit me that this might be real. When I received an email from someone claiming to be a Shark Tank producer expressing interest in featuring FlexScreen on the show, I assumed it was SPAM and ignored it. You can find the other company updates from Season 11 Episode 10 here:ĭon’t forget to take a look at our Season 11 products page! We’ve got more company updates from Shark Tank Season 11.A word from our Inventor & CEO, Joe Altieri Soon, Flexscreens might just be everywhere! Projected sales for 2021 are around $20 million. You can also find Flexscreens for sale in Home Depot, in addition to their manufacturer and consumer websites.Īccording to the update segment on Flexscreen (which aired during Season 12), the company did $15 million in sales in 2020 alone. They’ve expanded to retail and manufacturing markets, and Lori was able to get a deal with a large window company to use these screens as a standard. It looks like Lori was a great partner for Flexscreen. Is Flexscreen the new standard in windows? Find out in our Shark Tank Flexscreen update. Joe thinks that Lori has more experience in the field, so he decides to take her offer. Lori takes the last big step: she matches Barbara’s original offer of $400,000 in cash, $400,000 line of credit, and 50% stake in a new retail company. Mark Cuban, seemingly forgotten, drops out because he isn’t a ‘window guy.’ Barbara tries to convince Joe to take her deal, stating that her brother is in the window business as well. This causes Kevin to revise his offer to $800,000 as a loan with 9% interest for 6% equity. She offers $400,000 in cash and $400,000 as a 36-month loan at 6% interest for 10% equity. Lori offers her hardware expertise and wants to sell directly to consumers. He wants one major licensing deal with the largest window manufacturer in the country in exchange for $800,000 for 20% equity.īut the offers don’t stop there. Kevin O’Leary also makes an offer but in a very different way. She wants to create a business that would manufacture 12 standard window sizes only. However, she doesn’t want a stake in the existing business. She offers Joe $400,000 in cash, with a $400,000 line of credit for a 50% stake. Barbara Corcoran, on the other hand, likes the idea. He doesn’t think window manufacturers will market it for a higher cost, which makes it a no-go for him. Lori Greiner asks why regular screens can be made for custom sizes, but Joe says that all window screens are custom-made.įollowing this revelation, Robert Herjavec drops out. When the sharks begin asking further questions, Joe reveals that each screen is custom-made, which understandably causes some very upset noises among the sharks. He only makes $1.50 on each screen sold, due to the window manufacturers being unwilling to budge on the price. Then, Joe explains that he only made about $40,000 profit on those sales. The sharks are blown away by this at first. He got a patent, and the company seems to be doing well, with $5.1 million in sales during the previous year. So he invented Flexscreen, which uses a proprietary frame that bends without breaking, making it easy to pop the windows in and out of your windows. After 20 years in the window business, he got tired of seeing bent, broken aluminum frames. Joe Altieri, a “window guy,” came up with the idea for Flexscreen while trying out different things in his garage. Business: Flexible window screens for home.Will the sharks be open to a deal with this potential new standard during the Season 11 pitch? Find out in our Shark Tank Flexscreen update and pitch recap. Flexscreen is a new standard for windows. If you’re tired of replacing your window screens due to bent frames, Joe Altieri has a solution for you. Standard window screens are stiff, and the frames break and bend easily.
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