Eco Nuts, a natural laundry detergent business, was started by Mona Weiss and Scott Shields in January 2009. As of September 2023, Eco Nuts’ net worth is not available.
In 2012, they appeared on Shark Tank USA seeking $175,000 for 15% of equity, valuing the company at $1.16 million. Anyway, some of the sharks liked their product but were not interested in investing in this idea. Finally, all the sharks dropped out of Eco Nuts.
As of 2023, Eco Nuts is no longer in business. The company’s website is no longer active. The reasons for the company’s closure are unknown.
Eco Nuts Net Worth
|Net worth||$1.3 million (As of 2021)|
|Annual Sales Revenue||$1 million (As of 2021)|
|Shark Tank Investor||None|
|Founder||Mona Weiss and Scott Shields|
Eco Nuts Net Worth Timeline
|Net Worth 2023||Out Of Business|
|Net Worth 2022||Out Of Business|
|Net worth valuation 2012 before appearing on Shark Tank||$1.16 million|
Eco Nuts Pitch on Shark Tank
|Company name||Eco Nuts|
|Product||Reusable tree nuts used as an all-natural laundry detergent|
|Episode||Season 04 Episode 06|
|Founders||Mona Weiss and Scott Shields|
|Asked for||$175,000 for 15% equity|
Eco Nuts Founders
Eco Nuts was founded by Mona Weiss and Scott Shields in 2009. The net worth of Eco Nuts’s founders, Mona Weiss and Scott Shields, by 2023 is unknown.
|2023||Appeared on Shark Tank season 04|
Some companies that appear on the show have not achieved great success, and the Eco Nuts was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Eco Nuts went out of business in 2022. And the product is no longer available in the market.