Bite Toothpaste Bits, an eco-friendly toothpaste tablet, was started by Lindsay McCormick in 2017. Bite Toothpaste Bits’ net worth was $6.5 million at the time of their pitch in 2020 based on the $325,000 for 5% equity of the company.
They appeared on Season 11 of Shark Tank USA in 2020. But the Sharks were not interested in investing in Bite Toothpaste Bits. Although the sharks appreciate the research about the product. They were not pleased with its valuation.
As of September 2023, the company is still in business. You can purchase products on e-commerce channels such as their website, Amazon, etc.
Bite Toothpaste Bits Net Worth
|Net worth||$6 million (2022)|
|Annual Sales Revenue||$12 million (Currently per year)|
|Lifetime sales||$1.3 million (2020)|
Bite Toothpaste Bits Net Worth Timeline
|Net Worth 2023||Not Disclosed|
|Net Worth 2022||$6 million|
|Net Worth 2021||$5.5 million|
|Net worth valuation 2020 before appearing on Shark Tank||$6.5 million|
Bite Toothpaste Bits Pitch on Shark Tank
|Company name||Bite Toothpaste Bits|
|Product||Eco-friendly toothpaste tablets|
|Episode||Season 11 Episode 14|
|Asked for||$325,000 for 5% equity|
|Final deal||No Deal|
|Location||Los Angeles, California|
Don’t miss these product from Season 11
Bite Toothpaste Bits Founder
Bite Toothpaste Bits was founded by Lindsay McCormick in 2017. Lindsay, who travelled frequently for work, was annoyed by the wastefulness of plastic toothpaste tubes. When she couldn’t find a plastic-free option she liked, she decided to create her own. She holds a Bachelor’s degree in communication and media studies from East Carolina University. Bite Toothpaste Bits’ founder, Lindsay McCormick has a net worth of 6 million USD as of 2023.
|2020||The company appeared on Shark Tank Season 11|
|2021||As of 2021, the company earned $4 million in annual revenue|
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 for Bite Toothpaste Bits and its continued success.