FryAway, a plant-based non-toxic power that converts cooking oil from liquid to solid, was started by Laura Lady in 2020. As of January 2024, FryAway net worth is $6 million and they’re pulling in a whopping $2.8 million in annual revenue.
In January 2023, they appeared on season 14 of Shark Tank USA and made a deal with Mark Cuban and Lori Greiner, $250,000 for 22% equity. The final valuation was $1.1 million, down from the founder’s initial estimate of $2.5 million.
As of 2024 January, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
FryAway Net Worth
| Net worth | $6 million |
| Annual Sales Revenue | $2.8 million |
| Profits | $550K |
| Lifetime sales | $9 million |
| Investors | Mark Cuban and Lori Greiner |
| Founder | Laura Lady |
| Employees | 1-25 employees |
FryAway Net Worth Timeline
| Net Worth 2024 | $6 million |
| Net worth valuation 2023 after appearing on Shark Tank | $1.1 million |
| Net worth valuation 2023 before appearing on Shark Tank | $2.5 million |
FryAway Pitch on Shark Tank
| Company name | FryAway |
| Product | Non toxic powder that converts oil in to solid |
| Episode | Season 14 Episode 03 |
| Founder | Laura Lady |
| Asked for | $250,000 for 10% equity |
| Final deal | $250,000 for 22% equity |
| Sharks | Mark Cuban and Lori Greiner |
| Location | Concord, New Hampshire, United States |
Don’t miss these product from Season 14
FryAway Founder
FryAway was founded by Laura Lady in 2020. After earning an MBA from the International University of Japan, Laura spent 15 years in marketing roles. She served as a marketing manager at companies like Mattel and Lego Group. FryAway’s founder, Laura Lady, has a net worth of 4.68 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2020 | Started the company during the covid pandemic. |
| 2022 | Appeared in Shark Tank USA and got deal from Mark Cuban and Lori Greiner.Appeared on Good Things Utah on ABC4. |
| 2023 | Available in 1180+ Walmart, Kroger & More supermarket chain stores. |
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 FryAway and its continued success.
