OhMiBod’s Suki Dunham Appears on CNBC’s ‘The Pitch’

PORTSMOUTH, N.H. — OhMiBod founder Suki Dunham appeared on CNBC’s “The Pitch,” where she pitched her company’s line of Bluetooth-enabled vibrators to “Shark Tank” millionaire investor Kevin O’Leary.

Dunham had 30 seconds to deliver her elevator pitch to O’Leary, in which she described the functions of the OhMiBod Remote — an intuitive interface that allows users to connect to and control massagers via Bluetooth and Wi-Fi. Available for Android and iOS devices, the smartwatch-compatible app also includes biometric-driven functionality.

“OhMiBod has been about making our products approachable and pleasing to the mainstream consumer,” Dunham says. “I’m here looking for a $500,000 investment to bring this product line to the next level.”

In the question-and-answer segment of the meeting, O’Leary said the fact that OhMiBod does not own the technology used in Bluetooth made the investment “risky.”

Dunham noted that although the company doesn’t have a patent, OhMiBod has a sublicense to the patent for over the Internet control.

In the video, Dunham also reveals OhMiBod is approaching between $7–10 million in revenue this year for its entire line.

In her takeaway commentary following O’Leary’s refusal, Dunham said she wished she could have integrated a better understanding of the pleasure products industry.

"With the likes of 'Fifty Shades of Grey' and things like that, people's minds are being opened to this industry which offers a lot of market potential," she said.

To watch the video, click here.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Williams Trading Co. Launches Pre-Black Friday Warehouse Sale

Williams Trading has launched its pre-Black Friday warehouse sale for retailers today.

Orion Unveils 6 New Styles From 'Noir Handmade' Line

Orion Wholesale has introduced six new clubwear styles from its Noir Handmade line of apparel.

BasisDx Adds Comfort Collect Device to 'Pro13' Home Testing Kit

PASS-certified home testing kit manufacturer BasisDx has added the new Comfort Collecting Device to its Pro13 kit.

XBIZ Honors Retail Edition to Light Up Hollywood Roosevelt Hotel

XBIZ is pleased to announce that the pleasure industry’s biggest night, the retail edition of the annual XBIZ Honors, set for Saturday, Jan. 18, will be held at the historic Hollywood Roosevelt Hotel.

Pipedream Expands 'Anal Fantasy Elite' Collection

Pipedream Products has expanded its Anal Fantasy Elite collection with two new stimulators.

Orion Expands 'Couples Choice' Line With New '2 in 1' Vibe

Orion Wholesale has added the 2 in 1 Vibrator + Butt Plug to its Couples Choice collection of pleasure products.

Lovense Unveils 'Mission 2' Long Distance Vibe

Lovense has introduced the new Mission 2 vibrating suction cup dildo to its long-distance collection.

Male Power Debuts 'Pack & Play' Collection

Male Power has introduced its new Pack & Play collection of men's underwear.

Orion Debuts New Styles From Cottelli Lingerie

Orion Wholesale is now shipping new styles from its Cottelli Curves plus-size lingerie line.

Sportsheets Unveils Rebranded 'Edge' Line, 9 New Products

Sportsheets has debuted its reimagined Edge line featuring nine new products.

Show More