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What is Eyewris?
EyeWris reading glasses are designed to conveniently attach to the user's wrist, snapping open and closed with one hand for quick use when needed.
Eyewris's Shark Tank Pitch Recap
Mark and Kenzo Singer pitched Eyewris reading glasses, which attach to the wrist and easily snap open and closed for convenient use. They asked for $25,000 for 5% equity. All five Sharks were impressed by the product and Mark's story, leading to an unprecedented joint offer. Initially, they offered $125,000 for 25% equity, which was countered to 20%. The Sharks agreed to the counteroffer, resulting in a deal with all five Sharks.
Who invested in Eyewris?
Eyewris's Pitch Highlights
Mark Singer, Kenza's father, is the inventor of Gorilla Glue.
Kenzo Singer has a background in structural engineering from Cornell University.
The founders tested and optimized their website and sales strategy for nine months before appearing on Shark Tank.
Eyewris Shark Tank Update
- Secured a five-shark deal for $125,000 for 20% equity.
- Sold out of initial inventory after the show aired.
- Expanded product line with new styles and colors.
- Featured in publications like Fast Company and Trend Hunter.
- Experienced challenges with the one-size-fits-all design.
Key Milestones
2021 - Website Launch & Initial Sales
Launched website and generated $28,000 in sales in nine months.
2022 - Multiple Design Awards
Won multiple design awards (Gold New York Product Design Award, Silver Muse Design Award, Red Dot Innovative Product Award, Good Design Award).
May 2023 - Shark Tank Appearance
Appeared on Shark Tank Season 14 finale.
July 2023 - Post-Show Inventory Sellout
Sold out of inventory and began accepting pre-orders.