Riverbend

Shark Tank founder · Season 16

Erik Diedrichsen

Founder & Owner of Riverbend Resources

Company
Riverbend
On the show
S16 · Ep 13
Result
Deal · $300K
Company today
Still in business

Who is Erik Diedrichsen?

Erik Diedrichsen worked in the trade show industry before he turned a backyard chore into a business. After moving his family from Boston to rural West Bridgewater, Massachusetts, the family started keeping a few chickens, and he grew frustrated with how much feed traditional feeders wasted and how they attracted rodents and wild birds. He sketched prototypes, designed a weatherproof feeder attachment, secured patents and launched Riverbend Resources in 2020 with his own money. The company's Poultry Pro Feeder and later Poultry Pro Waterer are designed to keep feed dry and pests out.

The products won first place for innovation at SUPERZOO and second place at Global Pet Expo, and after facing knockoffs online, he pushed into retail, landing Tractor Supply, Lowe's and farm chains such as Bomgaars, Atwoods and Runnings. Riverbend had about $3 million in lifetime sales when Diedrichsen pitched on Shark Tank in Season 16, asking for $300,000 for 10%. Daymond John offered $300,000 for 25%, Diedrichsen countered, and they agreed on 20%. The company sells online and through farm supply retailers.

Sources (3)
  1. riverbendresources.com/meet-erik-diedrichsen/
  2. finance.yahoo.com/news/west-bridgewater-entrepreneur-pitches-chicken-184005194.ht…
  3. sharktankblog.com/business/riverbend/

Written from published interviews, company announcements and news coverage. How we research · Suggest a correction

The Shark Tank deal

Erik Diedrichsen from MA pitched Riverbend in Shark Tank Season 16, Episode 13 (aired Mar 14, 2025). They asked for $300,000 in exchange for 10% equity, valuing the business at $3M. The entrepreneurs walked away with a deal from Daymond John: $300,000 for 20%. That put the final valuation at $1.5M, 50% below what they originally asked for.

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Frequently asked questions

What is Erik Diedrichsen doing now?

He runs Riverbend Resources, selling poultry feeders and waterers online and at Tractor Supply, Lowe's and other farm retailers.

What deal did Riverbend get on Shark Tank?

Daymond John invested $300,000 for 20% after Diedrichsen countered his 25% offer.

How did Erik Diedrichsen start Riverbend?

Frustrated by wasteful, messy feeders for his family's backyard chickens, he designed and patented his own.

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