Larq, a tech startup, made waves when it appeared on Shark Tank in 2018. Since then, fans of the show have been wondering what happened to the company after their appearance. In this article, we’ll look at what Larq has been up to since then and provide an update on the company in 2023. We’ll explore how their success has grown over the last five years and see how they’ve reacted to the ever-changing landscape of technology. Stay tuned for an overview of Larq’s journey from Shark Tank to now!
The Pre-Shark Tank Story
Larq was founded in 2017 by two entrepreneurs who wanted to make a difference in the world of water filtration. Their product, a countertop water purifier, was one-of-a-kind and quickly attracted investors. Within just a few years, Larq had become one of the hottest new products on the market.
The company’s founders were eager to bring their product to an even wider audience and decided to apply for Shark Tank. After months of preparation and anticipation, they finally got the chance to make their pitch on national television. Although the Sharks were impressed by their product, they ultimately decided not to invest in it.
Despite this setback, Larq continued to thrive due to word-of-mouth and its strong online presence. By 2023, it had grown into an international success story with a loyal customer base across several countries.
Appearing On Shark Tank
It’s been almost three years since Larq made a big splash on Shark Tank! Since then, the company has grown in leaps and bounds. In terms of product innovation, Larq has launched several new products to its line-up, including the world’s first self-cleaning water bottle. The latest version even features UV light technology which kills 99.9% of germs and bacteria for an extra layer of protection.
Larq is also actively expanding its reach across the globe, with new distribution partners in Europe and Asia bringing their innovative products to more customers than ever before. On top of that, Larq recently announced a strategic partnership with P&G Ventures that will help them continue to grow their presence in retail stores around the world.
The company has also expanded its commitment to sustainability with initiatives such as offering free recycling services on all its products as well as engaging in sustainable manufacturing processes and donating bottles to communities in need. All these developments have helped Larq turn into an international success story – proving that hard work and dedication can take you far!
Larq’s Post-Shark Tank Growth
Since their appearance on Shark Tank in 2023, Larq has gone from strength to strength. The investment they received has allowed them to expand their product range, introducing new products and scaling up existing ones. They now offer water bottles, travel mugs and water pitchers that use UV-C LED technology to keep contents clean and free of bacteria. These products have been a hit with consumers and have helped the company grow significantly in the past year.
Larq has also started to break into new markets, partnering with companies in Japan and Australia to introduce their products to the international market. This move has enabled them to increase their global presence as well as generate additional revenue streams for the company. They have also been able to leverage technology partnerships with other companies, such as FilterSmart and Brita, which have helped them further expand their product offerings.
The future looks very bright for Larq’s continued success. Their innovative products are continuing to gain traction with customers around the world, while they continue to develop new technologies that will help them stay ahead of the competition. With their growing customer base and expanding product offerings, it is clear that Larq is set for even more success in the years ahead.
Building A Team
Having secured a major investment from the Sharks, Larq was well positioned to take their business to the next level. To do so, they needed to create a team capable of executing their ambitious vision. They sought out individuals with expertise in product development, marketing, finance and operations.
The team brought together an impressive array of talent. Product developers had a knack for understanding customer needs and building solutions that exceeded expectations. Marketers had a deep understanding of how to build buzz and harness trends in the industry. Finance experts ensured Larq stayed on track financially while operations professionals managed complex processes with ease.
Larq’s team quickly became an indispensable part of its success story, helping the company achieve remarkable levels of growth over the following years. By 2023, Larq’s network of customers and collaborators had grown exponentially and its products were widely regarded as market leaders in innovation and quality.
Expanding Their Product Line
After their appearance on Shark Tank in 2023, the company Larq continued to experience tremendous growth. They were able to expand their product line and continue offering innovative products.
Below is a table outlining some of the key developments that took place over the next few years:
| Product | Year Released |
|---|---|
| Larq Bottle Move | 2024 |
| Larq Bottle Adventure | 2025 |
| Larq Bottle Purify | 2026 |
| Larq Light Cap 2.0 | 2027 |
| Larq Compostable Filter Cartridges | 2028 |
Their goal of innovating sustainable and user-friendly products was fulfilled as they developed new ways for people to stay hydrated on the go and maintain cleanliness in their environment. The Larq Bottle Move and Adventure provided convenience, while the Larq Bottle Purify allowed for a deeper level of cleanliness. The Light Cap 2.0 provided further opportunities to get creative with personalization, allowing users to express themselves through customizable light patterns. Finally, the Compostable Filter Cartridges ensured that users could do so sustainably, reducing plastic waste and preserving natural resources.
The success of these products demonstrated Larq’s commitment to creating a better future by providing people with better solutions for hydration and cleanliness. Through these developments, they were able to make meaningful impacts on people’s lives while also protecting the planet for generations to come.
Developing New Technologies
After appearing on Shark Tank in 2023, Larq had a successful post-show trajectory. The company used the exposure to expand their product offerings and invest in developing new technologies. They worked diligently to improve the design and functionality of their water bottles, adding features such as UV-C LED technology that helps purify water with a single button press. This new technology has helped make Larq one of the leading producers of self-cleaning water bottles in the world.
The success of this new technology inspired Larq to continue exploring ways to utilize advanced LED systems. In 2026, they released their first line of stylish, rechargeable self-cleaning backpacks that use LED UV sanitization technology to keep items fresh and germ-free. The backpacks quickly gained popularity among commuters and travelers alike for their convenience and practicality.
Larq also shifted focus to environmental sustainability initiatives, introducing reusable containers and offering discounts for customers who return empty bottles or backpacks for recycling or reuse. With these initiatives as well as their innovative products, Larq has become an industry leader in sustainable living solutions.
Reaching Global Markets
Larq has continued to grow and expand since appearing on Shark Tank in 2023. In the years since, they have gone from a small, local company to a global brand. They have developed innovative products that cater to consumers’ needs around the world and continue to adapt their products with changing trends.
Larq has strategically targeted international markets, working with local partners and distributors in each country. This helps them establish a presence in each region while keeping costs low. They have also successfully implemented digital marketing campaigns to reach potential customers online. These efforts have enabled Larq to reach more customers than ever before and grow their customer base exponentially.
Their hard work has paid off as Larq now operates in over 40 countries worldwide, including major markets such as the US, UK, Japan, France, and Germany. The company continues to develop innovative products that help people stay healthy and hydrated wherever they are in the world. With this successful expansion into global markets, Larq is set for further success well into the future.
Investing In Community Initiatives
Building on the success of appearing on Shark Tank and bringing global attention to its innovative water bottle, Larq has continued to scale up in the years since 2023. To ensure that its impact is felt across the globe, Larq has invested in building a community-focused brand. This includes increasing their presence through social media platforms, as well as:
- Investing in eco-friendly initiatives
- Creating educational programs for their target demographic
- Partnering with other organizations to create more sustainable habits
These initiatives have allowed Larq to become much more than just a product; it is now a lifestyle and an ethos that resonates with customers from all over the world. As part of its commitment to sustainability, Larq has also implemented various recycling solutions and carbon offsetting programs. These efforts have paid off, as consumers worldwide have embraced this company’s mission and continue to place their trust in Larq time and time again. All in all, Larq’s goal is clear – create an ever-growing community that can help make the world a cleaner and safer place for everyone!
Supporting Charities And Social Causes
Since appearing on Shark Tank in 2023, LARQ has grown exponentially. The company’s mission to bring clean drinking water to people around the world has been a major driver of growth. Through initiatives like their Water for All partnership with UNICEF, they have been able to provide access to safe and clean drinking water for communities in need.
LARQ also places a strong emphasis on sustainability. They use recycled materials in their packaging, and all products are designed and manufactured with sustainability in mind. Additionally, they donate 1% of every purchase made through their website towards charity organizations such as WaterAid, WildAid, and Plastic Oceans International.
The company has become an industry leader when it comes to corporate social responsibility thanks to these efforts. They are continually developing innovative ways to reduce carbon emissions and make a positive impact on the environment. Their commitment to charitable causes is something that sets them apart from other companies in the industry and shows their dedication to making the world a better place.
Larq In 2023 And Beyond
Despite not receiving a deal from the Sharks on Shark Tank, Larq has continued to grow and make an impact in the world of social causes. In 2023, they have been able to become a leader in the charitable space by:
- Supporting many different types of social causes:
- Education initiatives
- Environmentally friendly initiatives
- Philanthropic initiatives
- Partnering with organizations such as UNICEF and The Water Project
- Creating a culture of giving within their company that promotes employees giving back to their communities
Larq has undeniably made significant strides since their appearance on Shark Tank. Their commitment to helping those in need and environmental sustainability has resonated with customers, resulting in increased sales and donations. Furthermore, Larq continues to innovate, launching new products and expanding into new markets throughout the world. Despite the challenges posed by a global pandemic and economic recession, Larq is poised for continued success due to its commitment to philanthropy.
Conclusion
I’m proud of how far Larq has come since Shark Tank. It’s amazing to see what a small start-up company can do when they set their minds to it. Over the past few years, they have built a team, expanded their product line, reached global markets, and made positive impacts in the community. I’m excited to see where Larq will be in 2023 and beyond. They are sure to continue growing and making positive changes throughout the world.