Detrapel Shark Tank Net Worth (Updated 2026).

Detrapel, a revolutionary waterproofing spray, first gained national attention in 2016 when its inventor, Dan McGaw, pitched it on the popular TV show Shark Tank. McGaw, a former marine and entrepreneur, had spent years perfecting his formula, aiming to create a durable, eco-friendly waterproofing solution that could be used on a wide range of materials. His appearance on the show marked the beginning of Detrapel’s journey to fame.

The Shark Tank episode featuring Detrapel aired in October 2016, and it didn’t take long for the product to generate buzz. McGaw’s confident pitch and impressive demonstrations of Detrapel’s effectiveness caught the attention of the show’s panel of investors, or “sharks,” as well as the viewing audience. One of the sharks, Barbara Corcoran, was particularly impressed and decided to invest $100,000 in Detrapel in exchange for a 25% stake in the company. This investment not only provided McGaw with the capital he needed to expand his business but also served as a powerful endorsement from a well-known and respected figure in the business world.

Detrapel Shark Tank’s Current Net Worth (2025)

As of 2025, Detrapel Shark Tank’s current net worth is estimated to be around $5 million. This figure reflects the success of their innovative product and strategic business decisions.

Career

Detrapel Shark Tank, originally known as Detrapel, was founded by husband-wife duo, John and Jennifer Petralia. The couple appeared on Shark Tank in 2015, seeking an investment for their non-toxic, paint additive that prevents mold and mildew. They successfully pitched their product to Barbara Corcoran, securing a $100,000 deal in exchange for 20% equity.

Other Ventures

After their successful appearance on Shark Tank, Detrapel expanded its product line to include a mold and mildew resistant primer and a no VOC paint. They also launched a line of Detrapel-infused paint products with Sherwin-Williams. Additionally, they have partnered with various home improvement retailers, making their products widely available.

Assets

Detrapel Shark Tank’s primary asset is their patented mold and mildew resistant paint additive technology. They also own the rights to their brand name and associated trademarks. Their inventory includes their product line, manufacturing equipment, and office spaces. Their most valuable intangible asset is their partnership with Barbara Corcoran and the Shark Tank brand.

Annual Income

Detrapel Shark Tank’s annual income has seen a steady increase since their appearance on the show. In 2020, their annual revenue was reported to be around $3 million. This figure includes sales from their own website, retail partnerships, and wholesale orders. Their annual income is expected to continue growing as they expand their product offerings and increase their market reach.

Frequently Asked Questions about  Detrapel Shark Tank

**Frequently Asked Questions: Detrapel Shark Tank Net Worth**

1. What is Detrapel?

Detrapel is a waterproofing spray designed to protect fabrics from stains and liquids. It was created by inventor and entrepreneur, Matt Harris.

2. When did Detrapel appear on Shark Tank?

Detrapel appeared on Shark Tank in 2015, seeking an investment of $50,000 in exchange for a 20% equity stake in the company.

3. How much money did Detrapel make on Shark Tank?

On the show, Matt Harris received an offer of $100,000 for a 33% stake in Detrapel from Kevin O’Leary, but he declined. Later, he accepted a deal of $150,000 for a 30% stake from Kevin and Barbara Corcoran.

4. What is the net worth of Detrapel?

The latest estimated net worth of Detrapel is $5 million.

5. Who are the founders of Detrapel?

Matt Harris is the founder and CEO of Detrapel. He invented the product after struggling to remove red wine stains from his favorite shirt.

6. What are the ingredients in Detrapel?

Detrapel’s active ingredient is a proprietary polymer that creates a protective barrier on fabrics. It’s non-toxic, safe for use on all fabrics, and can be washed off with regular detergent.

7. Is Detrapel safe for all fabrics?

Yes, Detrapel is safe for use on all fabrics, including delicate materials like silk and wool. However, it’s always a good idea to spot test on a small, hidden area before treating the entire item.

8. How long does Detrapel last?

Detrapel provides protection for up to 24 hours after application. It’s recommended to reapply after washing or if the fabric becomes wet.

9. Where can I buy Detrapel?

Detrapel is available for purchase on their official website, as well as on Amazon and in select retail stores.

10. Does Detrapel have any competition?

Yes, Detrapel has competition from other stain-proofing products and sprays, such as Scotchgard and Rust-Oleum Stain Guard. However, Detrapel differentiates itself with its easy application, non-toxic formula, and effectiveness on all fabric types.