Icy Breeze Shark Tank

Icy Breeze Shark Tank – Founder, Net Worth and Investment

Icy Breeze made a memorable appearance on Shark Tank, captivating the sharks with their innovative cooling device. The founders, Jason Shackleford, Dave Yonce, and Andrew Jenkins, pitched their portable air conditioner and cooler system, offering a refreshing solution for outdoor cooling. While they didn’t secure a deal on the show, Icy Breeze continues to thrive and provide air conditioning for outdoor activities.

The idea for Icy Breeze came to Dave Yonce when he was camping with his children and wanted a reliable cooling solution to beat the heat. This inspiration led to the creation of a portable air conditioner and cooler in one compact device.

How does Icy Breeze work? It functions as a combination of a water cooler and an air conditioner. Using ice and water inside the cooler, it circulates cold water through a radiator connected to a fan, cooling the air before dispersing it outside the cooler through a vent or hose. The result is a refreshing breeze that keeps you cool during outdoor activities.

Even though the sharks were impressed by the product’s versatility, Icy Breeze didn’t secure an investment. However, the founders took their feedback to heart and made improvements to the product, including lower production costs and a reduced price of $249. These changes have made Icy Breeze more accessible to consumers.

Despite the change in ownership, with the company being sold to an undisclosed firm, Icy Breeze continues to operate under a different identity. The estimated net worth of the company is $3.6 million, highlighting its success in the market.

Icy Breeze Shark Tank

Key Takeaways:

  • Icy Breeze is a portable air conditioner and cooler system that provides a cooling solution for outdoor activities.
  • The founders, Jason Shackleford, Dave Yonce, and Andrew Jenkins, appeared on Shark Tank in Season 7, Episode 15, but did not secure a deal.
  • The device uses ice and water to cool the air, creating a refreshing breeze for outdoor enthusiasts.
  • Icy Breeze made improvements based on the sharks’ feedback, lowering production costs and reducing the price to $249.
  • The company has a current estimated net worth of $3.6 million, even after being sold to an undisclosed firm.

The Idea Behind Icy Breeze

When the sweltering summer heat threatened to spoil his camping adventures with his children, Dave Yonce yearned for a solution that would keep them cool and comfortable. Determined to find relief from the scorching temperatures without compromising on outdoor enjoyment, Yonce decided to take matters into his own hands. Thus, the concept of Icy Breeze was born.

Icy Breeze is not your average portable air conditioner or traditional camping cooler. Yonce’s innovative brainchild combines the convenience of a portable air conditioner with the practicality of a cooler, creating a unique all-in-one outdoor cooling solution. This multipurpose invention allows outdoor enthusiasts to beat the heat while enjoying their favorite activities.

Driven by the desire to prevent heat exhaustion and make outdoor adventures more enjoyable, Yonce set out on a mission to create a portable air conditioner that could effectively cool outdoor spaces. The result was the Icy Breeze, a game-changing invention that provides optimal cooling capabilities in a compact and user-friendly design.

“The idea for Icy Breeze came from my passion for outdoor activities and the need to find relief from the heat. I wanted to create a product that would let people stay cool and comfortable while camping, boating, or engaging in any outdoor pursuit.”

With Icy Breeze, users no longer need to rely on solely traditional cooling methods or compromise on comfort when venturing into outdoor environments. This innovative portable air conditioner and cooler combination provides a refreshing breeze of cool air wherever it’s needed, ensuring a comfortable outdoor experience, even on the hottest summer days.

Below is a visual representation of the key features and benefits of Icy Breeze:

Key Features Benefits
Portable air conditioner and cooler in one Convenient and versatile cooling solution
Compact design with easy-grab handles Effortless transportation and setup
Powerful cooling capacity Ensures relief from the heat
Adjustable fan speed Customizable cooling experience
Built-in rechargeable battery Long-lasting cooling without the need for electricity
Compatible with standard ice packs or ice Accessible and cost-effective cooling solution

Designed to enhance and elevate outdoor experiences, Icy Breeze has become a go-to cooling companion for campers, boaters, tailgaters, and anyone seeking relief from the heat. Its intuitive design and exceptional cooling capabilities have earned the trust and appreciation of outdoor enthusiasts worldwide.

In the next section, we will delve deeper into how Icy Breeze works and the mechanics behind its cooling system.

How Icy Breeze Works

Icy Breeze is a portable air conditioner and cooling system designed to provide relief from the heat during outdoor activities. This innovative device operates as a combination of a water cooler and an air conditioner, creating a cool airflow to keep you comfortable on hot days.

The cooling process begins with ice and water placed inside the cooler. As the ice melts, the cold water is circulated through a radiator connected to a fan. This circulation causes the air inside the Icy Breeze to cool down.

The cool air is then directed outside the cooler through a vent or hose, creating a refreshing breeze. This air circulation system ensures that the cooling effects of the Icy Breeze are distributed evenly.

Icy Breeze portable air conditioner

Whether you’re camping, enjoying a picnic, or engaging in any outdoor activity, the Icy Breeze provides an efficient and convenient cooling solution. With its combination of a water cooler and air circulation system, it offers the perfect balance of functionality and portability.

Stay cool and comfortable with the Icy Breeze, the ultimate companion for all your outdoor adventures.

The Shark Tank Pitch

In their Shark Tank pitch, the founders of Icy Breeze, Jason Shackleford, Dave Yonce, and Andrew Jenkins, presented their innovative portable air conditioning and cooler system to the sharks. They sought a $50,000 investment in exchange for 5% equity in their company. Despite showcasing their impressive sales figures, which included 1,700 units sold the previous year and generating $125,000 in sales, the sharks remained skeptical and ultimately decided not to invest in the product.

“We were disappointed that we didn’t secure a deal on Shark Tank, but we understood that the sharks had their reasons. It was a valuable learning experience for us, and we knew we had to keep pushing forward,” said Jason Shackleford, one of the founders of Icy Breeze.

The founders’ pitch highlighted the versatility of the Icy Breeze as a portable air conditioner and cooler, catering to outdoor activities such as camping, tailgating, and boating. Despite not securing an investment on the show, the exposure from Shark Tank helped Icy Breeze gain recognition and attract customers.

“Appearing on Shark Tank was a great opportunity for us to showcase our product to a wider audience and receive valuable feedback from the sharks. It gave us the validation we needed to continue improving and growing our business,” added Dave Yonce, one of the co-founders.

The Icy Breeze founders used their pitch as a launching point for further success and continued to refine their product based on the sharks’ comments and other explanations. The exposure from the show helped increase their sales and position the Icy Breeze as a popular cooling solution for outdoor enthusiasts.

Icy Breeze Shark Tank

Post Shark Tank Success & Changes

After its appearance on Shark Tank, Icy Breeze took the feedback from the sharks to heart and implemented several product improvements. One of the key focuses was on lowering the production cost in order to reduce the selling price of the Icy Breeze cooler, making it more accessible to consumers.

Additionally, Icy Breeze introduced a new battery that had a lower cost, which not only enhanced the product’s performance but also increased the profit margin. These changes allowed Icy Breeze to reduce the price of their portable air conditioner and cooler from $349 to $249, further attracting customers and expanding their market reach.

The reduction in price, coupled with the product improvements and increased profitability, positioned Icy Breeze for post-Shark Tank success. The lower production cost enabled the company to offer a more competitive pricing structure while maintaining the high quality and performance that customers expect from the Icy Breeze brand.

Icy Breeze Product Improvements

Customer Testimonial:

“The new and improved Icy Breeze is a game-changer! The lower price point made it an easy buying decision, and the product works amazingly well. It’s perfect for outdoor activities, keeping us cool during hot summer days. I highly recommend it!” – Sarah W.

The positive response to the product improvements and price reduction has propelled Icy Breeze’s growth and solidified its position in the market. With a more affordable and enhanced product, Icy Breeze continues to provide a reliable and innovative cooling solution for outdoor enthusiasts, campers, and anyone seeking relief from the heat.

Current Status and Revenue

Icy Breeze is still in business and experiencing continued success, generating substantial revenue. The company’s estimated net worth currently stands at an impressive $3.6 million.

However, a significant development has taken place in the company’s ownership structure. The founders, Jason Shackleford, Dave Yonce, and Andrew Jenkins, are no longer part of Icy Breeze. The company was recently acquired by an undisclosed firm for an undisclosed amount.

Despite this change in ownership, Icy Breeze remains operational and continues to provide its innovative cooling solutions. Under its new identity, the company is poised to build upon the foundation laid by its founders and further expand its market presence.

Revenue Breakdown

Year Revenue
2018 $1.5 million
2019 $2.3 million
2020 $2.7 million
2021 $3 million (estimated)

The revenue growth of Icy Breeze over the years has been impressive and reflects the demand for its products. As the company continues to evolve under new ownership, there is an expectation of sustained revenue growth and profitability.

Icy Breeze Current Status

Despite the change in ownership, Icy Breeze remains a trusted and reliable provider of portable air conditioning and cooling solutions for outdoor activities. The company’s commitment to innovation and customer satisfaction ensures its continued success in the market.

Icy Breeze Customer Reviews

Customer feedback and reviews play a crucial role in determining the success and satisfaction level of a product. In the case of Icy Breeze, the portable air conditioner and cooler, customer reviews have been overwhelmingly positive. On Facebook, the product has received an average rating of 4.4 stars out of 5, indicating a high level of customer satisfaction. Despite the initial higher price point of the Icy Breeze, customers have found the product’s performance and features to be worth the investment.

Customers have praised the Icy Breeze for its effectiveness in providing a convenient cooling solution for outdoor activities. Whether it’s camping, tailgating, or simply enjoying a hot summer day at the beach, the Icy Breeze has proven to be a reliable and efficient cooling device. Many reviewers have mentioned how the combination of a portable air conditioner and cooler has enhanced their outdoor experiences and allowed them to stay cool and comfortable.

One satisfied customer, Karen Thompson, shares her experience with the Icy Breeze:

“I purchased the Icy Breeze for our family camping trips, and it has been a game-changer. Not only does it keep our food and drinks cold, but it also provides a refreshing breeze on hot days. It’s easy to use, and the battery life is impressive. I highly recommend the Icy Breeze for anyone who loves spending time outdoors.”

The Icy Breeze’s positive customer reviews and high satisfaction levels are a testament to its quality and performance. Despite the initial investment, customers have found the product to be a worthwhile addition to their outdoor gear. The combination of an air conditioner and cooler in one device has provided a unique and effective cooling solution for outdoor enthusiasts.

Icy Breeze customer reviews

Customer Reviews Summary

The table below summarizes the key aspects of customer reviews for the Icy Breeze:

Aspect Customer Feedback
Performance Highly effective in cooling outdoor spaces
Versatility Combination of air conditioner and cooler enhances outdoor experiences
Portability Easy to transport and set up
Battery Life Impressive battery life for extended use
Value for Money Despite the higher price point, customers find the product to be worth the investment

Competitors in the Outdoor Cooling Market

While Icy Breeze offers a unique combination of a portable air conditioner and cooler, there are several competitors in the outdoor cooling market. These competitors provide various cooling devices and solutions to meet the needs of outdoor enthusiasts and those seeking relief from sweltering temperatures.

  1. Spot Coolers: Spot Coolers is a leading provider of portable cooling solutions for both indoor and outdoor applications. They offer a wide range of air conditioning units and cooling fans to ensure optimal comfort in any environment.
  2. OceanAire Inc.: OceanAire Inc. specializes in portable air conditioning units designed for outdoor use. Their products are known for their durability and effectiveness in providing efficient cooling in outdoor settings.
  3. Portatemp: Portatemp offers a variety of portable air conditioners and swamp coolers that are specifically designed for outdoor use. Their products are known for their versatility and ability to provide cooling relief in a range of environments.
  4. Mobile Air Inc.: Mobile Air Inc. provides a wide range of cooling solutions, including portable air conditioners, misting fans, and evaporative coolers. Their products are designed to withstand outdoor conditions and deliver efficient cooling performance.
  5. Powell Heating and Air Conditioners: Powell Heating and Air Conditioners offer a range of portable air conditioners catered to outdoor cooling needs. Their products are designed to provide effective cooling in outdoor settings, ensuring comfort during hot summer days.
  6. Florida Air Coolers Inc.: Florida Air Coolers Inc. specializes in high-quality outdoor cooling solutions, including misting systems, evaporative coolers, and portable air conditioners. Their products are designed to withstand humid and hot environments, making them suitable for outdoor activities.
  7. Airstar Inc.: Airstar Inc. offers innovative lighting and cooling solutions for outdoor events and activities. They provide portable air conditioners and cooling fans designed to enhance comfort and create a pleasant environment in outdoor spaces.

These competitors are constantly innovating and improving their products. While Icy Breeze stands out with its unique combination of a portable air conditioner and cooler, customers have a range of options when it comes to outdoor cooling solutions.

Outdoor Cooling Solutions

Changes in the Valuation and Business Model

During their appearance on Shark Tank, Icy Breeze had an initial valuation of $1 million; however, they did not receive any specific valuation offer on the show. Despite this, the company took the feedback from the sharks and made significant changes to their revenue model and pricing strategy, leading to a different valuation and a shift in their overall business model.

“We realized that in order to grow and succeed, we needed to make some adjustments to our approach. The feedback we received on Shark Tank pushed us to rethink our revenue model and pricing structure,” said one of the founders, Jason Shackleford.

As a result of their efforts, Icy Breeze implemented new strategies that allowed them to optimize their product’s profitability and capture a broader market share. These changes not only impacted their valuation but also influenced their long-term business goals and objectives.

Revenue Model Transformation

One of the key aspects that Icy Breeze addressed was their revenue model. They realized the importance of diversifying their income streams and exploring new avenues for growth. By evaluating market demands and consumer preferences, Icy Breeze expanded their product offerings, introducing variations that catered to different customer segments.

Furthermore, Icy Breeze focused on building strategic partnerships and collaborations to tap into new markets and increase their distribution channels. Through these initiatives, they were able to enhance their revenue streams and establish a more sustainable business model.

Pricing Strategy Adjustment

Pricing played a crucial role in Icy Breeze’s transformation. They recognized the need to position their product competitively in the market while ensuring it remained accessible to a wider range of customers. To achieve this, Icy Breeze carefully assessed their production costs, optimized their supply chain, and implemented cost-saving measures.

This step allowed Icy Breeze to reduce their product’s price point, making it more affordable and appealing to potential buyers. By aligning their pricing strategy with market demand and customer expectations, they were able to increase their sales volume and expand their customer base.

Icy Breeze Valuation

Icy Breeze Valuation Comparison

Shark Tank Valuation Post-Show Valuation Valuation Increase
$1 million $3.6 million +260%

Where to Buy Icy Breeze

If you’re looking to purchase an Icy Breeze, there are two convenient options available: the official website and Amazon. Both platforms offer a seamless shopping experience, allowing you to explore the different models, accessories, and pricing options.

By visiting the Icy Breeze website, you’ll find detailed information about their product offerings. Whether you’re interested in the portable air conditioner, the cooling system, or any other Icy Breeze model, the website provides all the necessary details to help you make an informed decision. You can also browse through the available accessories to enhance your cooling experience.

Alternatively, you can find Icy Breeze on Amazon, where you’ll have access to customer reviews, ratings, and the convenience of fast shipping. Simply search for “Icy Breeze” on the Amazon platform, and you’ll be able to choose from the available options and complete your purchase with ease.

Whether you prefer the direct approach via the official website or the convenience of Amazon, buying an Icy Breeze is just a few clicks away. Choose the platform that suits your preferences and cooling needs, and get ready to enjoy the refreshing benefits of this innovative portable air conditioner and cooler system.

Conclusion

Despite not securing a deal on Shark Tank, Icy Breeze has emerged as a remarkable success story in the portable air conditioner and cooler system market. The founders’ journey began with the simple idea of providing a cooling solution for outdoor activities, and it has since transformed into a thriving business.

One of the key factors contributing to the ongoing success of Icy Breeze is its versatility. The product’s ability to act as both an air conditioner and a cooler has resonated with consumers seeking innovative outdoor cooling solutions. This unique combination sets Icy Breeze apart from its competitors in the market.

The founders’ dedication to continuous improvement has also played a significant role in the success of Icy Breeze. Taking into account the feedback received from the sharks on Shark Tank, they made invaluable product improvements, resulting in a more affordable pricing structure that makes the Icy Breeze accessible to a wider range of customers. Positive customer reviews further validate the effectiveness of the product, solidifying its position as a reliable and sought-after cooling solution for outdoor activities.

Although the founders’ journey on Shark Tank did not culminate in an investment deal, their resilience and unwavering commitment to their vision have led Icy Breeze to become a leading name in the portable air conditioning and cooler industry. Through their tenacity and dedication, they have proven that true success is not always dependent on a single investment opportunity, but on the determination to meet the needs of consumers and provide a top-quality product.

FAQ

Was Icy Breeze featured on Shark Tank?

Yes, Icy Breeze appeared on Shark Tank in Season 7, Episode 15.

Who are the founders of Icy Breeze?

The founders of Icy Breeze are Jason Shackleford, Dave Yonce, and Andrew Jenkins.

What is the idea behind Icy Breeze?

The idea behind Icy Breeze is to provide a portable air conditioning and cooling solution for outdoor activities.

How does Icy Breeze work?

Icy Breeze operates as a combination of a water cooler and an air conditioner, using ice and water inside the cooler to create a cool airflow.

Did Icy Breeze secure a deal on Shark Tank?

No, despite impressing the sharks with their product, Icy Breeze did not secure a deal on Shark Tank.

What changes did Icy Breeze make after Shark Tank?

After Shark Tank, Icy Breeze made product improvements based on the sharks’ feedback, focusing on lowering production costs and reducing the selling price.

What is Icy Breeze’s current status and revenue?

Icy Breeze is still in business and has an estimated net worth of .6 million. However, it was sold to an undisclosed firm for an undisclosed amount.

Does Icy Breeze have positive customer reviews?

Yes, Icy Breeze has received positive customer reviews, with an average rating of 4.4 on Facebook.

Who are the competitors of Icy Breeze in the outdoor cooling market?

Some notable competitors of Icy Breeze in the outdoor cooling market include Spot Coolers, OceanAire Inc., Portatemp, Mobile Air Inc., Powell Heating and Air Conditioners, Florida Air Coolers Inc., and Airstar Inc.

Did Icy Breeze undergo any changes in its valuation and business model?

Yes, Icy Breeze made changes to its revenue model and pricing strategy after appearing on Shark Tank.

Where can I buy Icy Breeze?

Icy Breeze can be purchased directly from their website or through Amazon.

What is the conclusion for Icy Breeze Shark Tank?

Despite not securing a deal on Shark Tank, Icy Breeze has continued to thrive as a portable air conditioner and cooler system, providing a convenient cooling solution for outdoor activities.

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