Alaska Glacial Mud, an Alaskan mud mask, was started by Lauren Padawer in 2006. As of November 2023, Alaska Glacial Mud’s net worth is $500,000 and they’re pulling in a whopping $3.5 million in annual revenue.
On January 17, 2014, they appeared on Season 5 of Shark Tank USA seeking $100,000 in exchange for 20% valuing the company at $500,000. However, the Sharks were not interested in investing in Alaska Glacial Mud. Sharks stated that profits were too low for this company so the founder had to walk empty-handed.
Alaska Glacial Mud is still in business. Their products are available on the website and Amazon.
Alaska Glacial Mud Net Worth
Net worth | $500,000 (Business Valuation) |
Annual Sales Revenue | $3.5 million (2022) |
Profits | – |
Lifetime sales | – |
Investor | – |
Founder | Lauren Padawer |
Employees | – |
Alaska Glacial Mud Net Worth Timeline
Net Worth 2023 | $500,000 |
Net Worth 2022 | $400,000 |
Net Worth 2021 | $300,000 |
Net Worth 2020 | $200,000 |
Net worth valuation in 2014 before appearing on Shark Tank | $500,000 |
Alaska Glacial Mud Pitch on Shark Tank
Company name | Alaska Glacial Mud |
Product | Alaskan mud masks |
Episode | Season 05 Episode 14 |
Founder | Lauren Padawer |
Asked for | $100,000 in exchange for 20% |
Final deal | No deal |
Sharks | None |
Location | South Broadway Hicksville, NY |
Don’t miss these products from Season 5
Alaska Glacial Mud Founder
Alaska Glacial Mud was founded by Lauren Padawer in 2006. She wants to make a product with the mud harvested from the Copper River Delta. She is a smart business-minded entrepreneur. Alaska Glacial Mud’s founder, Lauren Padawer net worth is unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2023 | Alaska Glacial Mud expands its product line to soaps, cleansers, toners, and serums. |
2014 | Alaska Glacial Mud appeared on Shark Tank |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business. They have proven that with the right idea and execution, anything is possible. We can’t wait to see the future of Alaska Glacial Mud and its continued success.