Bite Toothpaste Bits, founded by Lindsay McCormick in 2018, appeared on Shark Tank but turned down a $325,000 offer from Mark Cuban and Kevin O’Leary. Despite this, the eco-friendly oral care company grew immensely, fueled by successful crowdfunding, raising over $1.3 million on WeFunder.
Bite is now valued at $6 million as of 2024. The company has remained independent, focusing on sustainability, and launching new products like deodorant and mouthwash. Bite’s subscription model and retail partnerships have further boosted its market presence, making it a leader in the zero-waste personal care industry.
Bite Toothpaste Bits Net Worth
Estimated Net worth | $6 million (2024) |
Annual Sales Revenue | $4 million (2024) |
Lifetime sales | $1.3 million (2020) |
Investor | None |
Founder | Lindsay McCormick |
Employees | 22 employees |
Bite Toothpaste Bits Pitch on Shark Tank
Company name | Bite Toothpaste Bits |
Product | Eco-friendly toothpaste tablets |
Episode | Season 11 Episode 14 |
Founder | Lindsay McCormick |
Asked for | $325,000 for 5% equity |
Final deal | No Deal |
Shark | None |
Location | Los Angeles, California |
Don’t miss these products from Season 11
Bite Toothpaste Bits Founder
Bite Toothpaste Bits was founded by Lindsay McCormick in 2017. Lindsay, who traveled 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 2024.
Key accomplishments
Year | Accomplishment |
2020 | The company appeared on Shark Tank Season 11. |
2021 | As of 2021, the company earned $4 million in annual revenue. |
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 for Bite Toothpaste Bits and its continued success.