HangEase Net Worth 2023 Update  (Before & After Shark Tank)

Shark-Tank-US-Net-Worth-2023-UpdateS5E27Bouqs-Company

HangEase, a kid’s collapsible hanger, was started by Ryan Landisin in 2003. As of October 2023, HangEase’s net worth is $266,666. Their sales have increased over the years.

On May 2, 2014, they appeared on Season 5 of Shark Tank USA and made a deal with Mark Cuban, and Lori Greiner, for $80,000 in exchange for 30% equity. The final valuation was $266,666, the same as the founder’s initial estimate.
We can be sure whether the Company is still in business or not. Their products are available on Amazon but currently unavailable.

HangEase Net Worth

Net worth$266,666 (Business Valuation)
Annual Sales Revenue
Profits
Lifetime sales
InvestorsMark Cuban, Lori Greiner
FounderRyan Landisin
Employees

HangEase Net Worth Timeline

Net Worth 2023$266,666
Net Worth 2022$220,000
Net Worth 2021$200,000
Net Worth 2020$180,000
Net worth valuation in 2014 after appearing on Shark Tank  $266,666
Net worth valuation in 2014 before appearing on Shark Tank  $266,666

HangEase Pitch on Shark Tank

Company nameHangEase
ProductKid’s collapsible hanger
EpisodeSeason 05 Episode 27
FounderRyan Landis
Asked for$80,000 for 30%
Final deal$80,000 for 30%
SharksMark Cuban and Lori Greiner
LocationUSA

HangEase Founder

HangEase was founded by Ryan Landis in 2003. Ryan Landis is the founder of HangEase Kid’s Collapsible Hanger company. He came up with the idea for the collapsible hanger when he was in the third grade as a school invention project. HangEase’s founder, Ryan Landis, has a net worth of $266,666 as of 2023.

Key accomplishments:

YearAccomplishment
2014Appearing on the popular TV show Shark Tank in 2014

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 Spretz and its continued success.