As of 2024, Eyewris has a net worth of $1.6 million. Eyewris is one of the most innovative products that appeared on Shark Tank.In simple words, it is a reading glass that can be snapped onto a wrist, so that one will not lose it.

The product looked particularly useful for the elderly. Father-son duo Mark and Kenza Singer entered the Shark Tank seeking $25,000 for a 5% stake in their company.

Revenues

When Eyewris appeared on Shark Tank, the company generated $28,000 in sales in nine months. Since the sharks invested in the company and the episode aired on TV, the sales have skyrocketed.

Today, Eyewris makes $77,000 in monthly sales. Daymond has helped the company expand into global markets. Kevin assisted in bringing down the cost of goods.

As of today, the company has cut down on its digital marketing spending, thanks to the free marketing dollars it got through appearing on the Shark Tank.

Shark Tank Pitch

Negotiations began. Mark and Kenza, seeking $25,000 for a 5% stake, faced a barrage of questions: production costs, market size, and competition.

They countered with passion, citing awards, early pre-orders, and a projected $1.5 billion market for functional fashion.

Daymond John, the branding guru, saw potential, offering $250,000 for 30%. Lori Greiner, the queen of QVC, upped the ante to $250,000 for 25%. The other Sharks, sensing a goldmine, joined the fray, a bidding war brewing.

In a move that shocked everyone, Mark declared, “We want all of you!” He envisioned a dream team of Sharks, each bringing their expertise to propel Eyewris to stratospheric heights.

The Sharks, surprised but impressed by the audacity, discussed amongst themselves. Finally, Barbara Corcoran, the real estate mogul, emerged with a proposition: $250,000 for 20% – all five Sharks in!