What is the Inirv Lawsuit
Inirv Labs, a startup that appeared on the popular reality TV show Shark Tank in 2017, was sued by its prototype manufacturer, Enventys Partners, in September 2018. The lawsuit alleged that Inirv had failed to pay Enventys for its work on the prototypes of Inirv’s smart stove knobs, which were featured on the show.
Inirv filed a countersuit, claiming that Enventys had delivered faulty prototypes that had damaged Inirv’s reputation with the Sharks and potential investors. The two companies eventually settled the lawsuit in December 2018, but the terms of the settlement were not disclosed.
FAQs:
What was the Inirv lawsuit about?
Inirv was sued by its prototype manufacturer, Enventys, for failing to pay for its work. Inirv filed a countersuit, claiming that Enventys had delivered faulty prototypes. The two companies eventually settled the lawsuit.
Did Inirv ever get funding?
No, Inirv did not receive any funding from the Sharks on Shark Tank.
What is Inirv’s current status?
Inirv is now called Ome, and it sells a one-pack smart knob and smartphone app.
Can I still buy Inirv/Ome smart knobs?
Yes, you can still buy Ome smart knobs on the company’s website.
Is there a class action lawsuit against Inirv/Ome?
No, there is no current class action lawsuit against Inirv/Ome.
What are the risks of buying Inirv/Ome smart knobs?
Some customers have complained about receiving faulty products or not receiving their products at all. Additionally, Inirv/Ome has a history of financial problems and legal challenges.
Conclusion:
The Inirv lawsuit was a setback for the company, but it was eventually resolved. Inirv is now under a new name, Ome, and it is still selling smart stove knobs. However, potential customers should be aware of the risks involved in buying from the company.
References:
- Inirv Labs Sued by Prototype Manufacturer: https://www.bizjournals.com/triangle/news/2018/09/10/shark-tank-startup-with-duke-roots-faces-lawsuit.html
- Inirv Labs and Enventys Partners Settle Lawsuit: https://www.bizjournals.com/triangle/news/2018/12/13/wine-design-inirv-labs-two-shark-tank-linked.html