People often use trucks for construction and personal tasks, whether it’s transporting goods or other items. However, sometimes there’s a need to carry oversized items like lumber, which a normal truck can’t handle. To solve this problem, Donny McCall invented Invis-A-Rack, an innovative cargo management system.
Donny is a construction worker who occasionally needs to carry oversized construction materials in his truck. For this, he uses Invis-A-Rack, a cargo management system that can be easily folded and unfolded.
He appeared on Shark Tank Season 3 seeking investment from the Sharks. Let’s find out if any of the Sharks showed interest in investing in his company.
Company Name | Invis A Rack | |
Founder/Co-Founder | Donny McCall | |
Founded | 2009 | |
Product | an innovative cargo management system | |
Asked For | $100k for 10% equity | |
Final Deal | No Deals | |
Shark | No Sharks | |
Episode | S3 E2 | |
Air Date | Jan 27th, 2012 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Sparta, North Carolina, United States | |
Lifetime Worth (Sales) | $5M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Business Pitch Episode Recap
Donny asked the Sharks for $100,000 in exchange for 10% equity in his company. He demonstrated how his Invis-A-Rack could be used with a truck, showing how the simple product allows oversized construction materials to be carried with ease.
He also shared that the product can carry up to 1,500 pounds and that it had generated $50,000 in sales by selling 150 units in its first year. Additionally, Donny mentioned that each unit costs him $250 to produce.
Robert Herjavec asked how much distributors pay Donny per unit. Donny responded that they pay $300 per unit. He also mentioned that he would invest the $100,000 to produce the product in advance, enabling it to carry more items.
Barbara Corcoran said that Donny was “particularly resistant and close-minded, and that’s a very bad partner to be in business with.” Therefore, she is out.
Kevin O’Leary said he doesn’t trust Donny’s business plan, so he is out.
Daymond John thinks Donny is not able to execute his business successfully, so he is out.
Donny’s last hope was Robert Herjavec and Mark Cuban, but they both decided not to invest in his business.
Sharks Offers list!
Sharks | Offers |
---|---|
Mark Cuban | No Offer |
Kevin O’Leary | No Offer |
Robert Herjavec | No Offer |
Barbara Corcoran | No Offer |
Daymond John | No Offer |
Founder’s (Countered) | No Counter |
Final Deals | No Deals |
Invis A Rack Shark Tank Update
After the episode aired, the Invis-A-Rack product gained significant attention. In October 2012, Dee Zee Inc., a motor vehicle manufacturing company, acquired the worldwide, exclusive licensing rights for Invis-A-Rack.
Donny’s business story, starting from American recession, is truly inspiring.
As of August 2024, Donny McCall owns two companies: Perrycraft Inc., which offers high-quality, custom cargo management solutions for outdoor needs, and Pinpoint Local, a global brand that focuses on supporting local businesses.
Check out Shark Tank Season 3 Business Update.
Here are some updates on the progress of businesses from Season 3. Check them out!