“Diaper Dust” got featured on Shark Tank USA in 2021 November. It was founded by Regina Criscia.
Diaper Dust’s net worth in 2022
Here is an update on Diaper Dust’s net worth so far.
|Diaper Dust’s Net worth before appearing on Shark Tank||187,000 USD (business valuation)|
|Diaper Dust’s Current Net worth (2022)||1.6 Million USD|
Diaper Dust’s founder Regina Criscia has a net worth of $350,000 as of 2022.
What is Diaper Dust?
The diaper dust has been designed to eliminate the bad odor of a dirty diaper. The powder contains a pleasant smell that can get rid of the Diaper that it can usually be.
The Diaper does not overcome the odor by producing a higher odor but by eliminating the source of the bad odors you may feel.
Diaper Dust: How does it work?
Who is the founder of Diaper Dust?
Regina Crisci is a female entrepreneur from Winterville, North Carolina, United States. She is the proprietor of Diaper dust as well.
The founder, Regina, earned her Associate of Arts and Sciences Nursing Degree from Frederick Community College in 2010. Although Regina is not an entrepreneur or a person with marketing knowledge, she does have experience and expertise in Nursing. Since graduating, Regina has worked as a floor nurse, assistant manager, and manager in several nursing homes.
She became a mother in 2018. Then she realized the problem of diapers with bad odor. That led her to start a business brand like Diaper Dust. Then she came up with a brilliant idea with so much potential. If you are a parent of a newborn baby, this will be very helpful. This is a perfect solution to stop the smell of baby diapers.
What happened at the Shark Tank?
Regina stepped onto the Shark tank with a bang. She invited the sharks to experience the actual progress of having Diaper Dust. Also, she emphasized its advantages, such as not needing plastic bags, portability, lingering diaper smell, and perfection in hygiene protection.
Before accepting her deal of $75,000 for 40% Equity by Mark, Regina had to answer why she has a lower income. That was fair as Regina was an owner of a business that generated $3000 in sales.
However, it was not a piece of cake either, as there were Sharks who neglected Regina’s offer. For example, Barbara suggested having a business partner rather than a Shark. Finally, Mark Cuban invested $75,000 in this company for 40% equity. The deal was closed, and Regina succeeded.
Diaper Dust SHARK TANK UPDATE
Regina was impressed with the outcome she got from Shark and shared some images on her Instagram and Facebook after the SharkTank. Soon after the conclusion of Shark Tank, Regina got queries from Canada, and she accepted them. It seemed that there were many things on the way for the company, and they would have a brighter future soon.
What happened to Diaper Dust After the Shark Tank
Regina has achieved what she had been hoping for a long time, introducing more products in the predicted line. There are 02 products from the company.
The manufacturer ships the product all over the US, and they have been able to catch a pretty significant fan base for their product.
The most important thing is they are not increasing the price as they have kept the pricing at $14 yet, along with the Amazon selling platform and its official website. The company has reached its goals almost. At present, they have a net worth of $1 million. When it comes to Regina’s net worth is around $350,000.
Competitors off Diaper Dust
Although the manufacturer had started their business, they had stepped into the pandemic period while making the success. Therefore, they happened to face online competition.
There are more than 20 possible Competitors for diaper dust. Diaper Gini, Johnson & Johnson (J&J), and Snuggle baby diaper are some of the most competitive brands that have become a threat to Diaper Dust.