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The StormBag Journey: Innovation to Devastation to Shark Tank
Maurice Huffman, the inventive mind behind StormBag, originally developed this innovative flood protection solution in 1999. However, it wasn’t until the tragic events of the Camp Fire in 2018 that Maurice's son, Miles, joined the company. The father-son duo’s appearance on Shark Tank Season 15 not only highlighted their journey of resilience and innovation but also secured a crucial investment that transformed their business.
The Genesis of StormBag
Maurice Huffman was an importer of European military surplus, operating his company Swiss Link. In 1999, leveraging his knowledge and experience in handling military supplies, Maurice created StormBag as a practical alternative to traditional sandbags. StormBag is a sandless sandbag that activates and expands when exposed to water. Each bag weighs only one pound when dry and expands to 30-35 pounds within minutes of submersion, thanks to an absorbent polymer material. This innovative solution provides rapid and effective flood protection, ideal for emergency situations where time is of the essence.
In 2018, the Camp Fire devastated the town of Paradise, California, destroying the Huffman family’s home and business. In the aftermath, Miles Huffman joined his father in the family business, bringing new energy and determination to rebuild and expand StormBag. Together, they sought to turn their personal tragedy into an opportunity to help others facing similar disasters.
The Shark Tank Pitch
On Shark Tank, Maurice and Miles Huffman pitched their product seeking $200,000 for a 10% stake. Their emotional backstory, combined with a compelling demonstration of StormBag’s effectiveness, captured the attention of the sharks. Each bag can absorb up to 300 times its weight in water, providing a solid barrier against floods and storms in just 3-5 minutes. The sharks were impressed by the product’s practicality and the Huffmans' resilience.
Despite their initial valuation of $2 million, the sharks had concerns about market size and scalability. Kevin O'Leary opted out first, citing competition concerns. Daniel Lubetzky and Daymond John offered $200,000 for 40% equity, which was lower than the Huffmans' ask. Mark Cuban and Lori Greiner, however, teamed up to offer $200,000 for 30% equity, a deal that Maurice and Miles accepted.
Post-Shark Tank Success
The exposure from Shark Tank was transformative for StormBag. The company sold out its inventory shortly after the episode aired, generating an estimated $50,000 in sales within the first week. By the end of 2023, StormBag’s annual revenue had surpassed $700,000.
A significant part of their success was driven by a strong social media presence. A viral video on TikTok demonstrated the product’s capabilities, boosting its visibility and popularity. The Huffmans’ active engagement on platforms like Instagram helped build a loyal customer base and spread awareness about their innovative flood protection solution.
Decision to Move Away from the Deal
Despite the promising offer from Mark Cuban and Lori Greiner, Maurice and Miles Huffman ultimately decided to move away from the deal following their Shark Tank appearance. The increased exposure and subsequent sales boost provided StormBag with sufficient capital to continue growing independently. They realized that the investment was no longer necessary and chose to retain full control over their company. This decision allowed them to focus on expanding their product line and improving their manufacturing processes without the pressure of external investors.
Expanding Product Line and Market Presence
StormBag has expanded its product line to cater to various needs, including kits for garage doors, single doors, double doors, and double-wide doors. These kits range in price, with individual bags costing under $10 and comprehensive kits priced up to $219.99. This strategic diversification has allowed StormBag to address a broader market, including residential, commercial, and governmental sectors.
Their products are now available on Amazon and their website, significantly expanding their market reach. They also offer interest-free installment options, making their products more accessible to a wider range of consumers.
Recognition and Endorsements
StormBag has received endorsements from several notable organizations, including Homeland Security, FEMA, the Salt Lake City Bomb Squad, and the National Guard. These endorsements have bolstered the product’s credibility and demonstrated its effectiveness in real-world applications. Such recognition has been crucial in securing contracts with government agencies and large corporations, further driving the company’s growth.
The product’s innovative design and practical applications have also earned media attention. StormBag has been featured in various publications, including Forbes, ABC News, and The Weather Channel, Time Magazine and Popular Science.
The Road Ahead
The success of StormBag on Shark Tank and the subsequent growth of the company highlight the impact of innovation and resilience. Maurice and Miles Huffman’s journey from losing everything in a fire to creating a product that protects others from natural disasters is a powerful narrative of perseverance and ingenuity.
Looking ahead, StormBag aims to continue expanding its product line and market reach. The company is exploring new applications for its technology, including using StormBags for hydration during droughts and protecting agricultural areas. They are also working on improving their manufacturing processes to reduce costs and increase production capacity, ensuring they can meet the growing demand for their products.
The appearance of StormBag on Shark Tank was a pivotal moment that transformed a small business into a widely recognized brand. Through strategic partnerships, innovative products, and effective use of social media, StormBag has significantly impacted the flood protection industry. The Huffmans’ story is not just about business success but also about resilience, innovation, and the drive to make a difference in the world.
As they move forward, Maurice and Miles Huffman remain committed to their mission, continually improving their products and expanding their reach. Their journey is a testament to the power of perseverance and the impact that a single innovative idea can have on countless lives. StormBag’s future looks promising as they continue to protect homes, businesses, and communities from the ravages of floods and storms.
Learn more about the Shark Tank story at Shark Tank Insights