October 5th 2023.
Kristen Dunning, the visionary behind Gently Soap, a sensitive skincare brand, set her sights on appearing on Shark Tank by 2025. Little did she know that her dream would come true ahead of schedule. The Season 15 premiere of the hit show featured Dunning, who managed to secure a deal with Candace Nelson, founder of the Sprinkles Cupcakes bakery chain.
Surrounded by family members from as far away as Delaware, Dunning was overjoyed after the viewing party at Studio 225. She expressed her excitement to the University of Georgia News, saying, “We’re going to pitch to Target and Walmart. None of that is guaranteed, but it’s happening, and it is beyond what I thought I would be able to achieve at this point in the business.”
Dunning, a graduate of the University of Georgia College of Agricultural and Environmental Sciences, launched Gently Soap in March 2021. The inspiration for her sensitive-skin-friendly soap came from her personal experience with eczema since childhood. She wanted a soap that didn’t irritate her skin but wasn’t fragrance-free, setting her brand apart from other products for ultra-sensitive skin.
The Hula Hoop of her success was her business plan which she was constantly developing and honing her pitching skills through the UGA Entrepreneurship Program. She credits the program for her ability to excel in pitching and the immense experience she gained before appearing on Shark Tank.
Throughout the last year, Dunning achieved various milestones, including receiving a $100,000 investment through Essence and Aveeno’s Skin Health Startup award. She was also selected to participate in the Techstars Accelerators program and became a finalist for the $1 million Black Ambition entrepreneurship prize created by music mogul Pharrell Williams.
The spring of 2023 proved exceptionally busy for the savvy businesswoman, prompting her to take a brief hiatus from her MBA program at Terry College. She will return in the spring of 2024 to complete her remaining two classes and graduate.
Dunning’s journey began with selling her soaps at farmers’ markets and on her website. Over the year, her soap sales soared to $113,000. This remarkable growth, her high per-bar profit margin, and low customer acquisition cost triggered a bidding war between two “sharks” on the show.
During the season premiere, Kevin O’Leary praised Dunning’s company, saying, “What I like about you… you’re wonderful, but your margins are even more beautiful.” Ultimately, the student negotiated a deal with Nelson, securing a $75,000 investment and access to Thirteen Lune’s specialty beauty website in exchange for 25% of her company.
Dunning’s passion for horticulture and her Gently Soap line were inspired by the legacy of her grandparents, who operated an 84-acre farm in Alabama, and the legacy of African American farmers across the South. One of the most touching moments at the watch party was seeing her dad’s reaction when her Shark Tank introduction featured a photo of his parents on their farm.
Shark Tank, which debuted in 2009 on ABC, is a platform where entrepreneurs present their businesses to a panel of accomplished investors for the chance to strike a deal and take their business to new heights. Dunning’s appearance on the show is a testament to her hard work and dedication, showing that dreams can come true with the right amount of effort.
[This article has been trending online recently and has been generated with AI. Your feed is customized.]
