HTZ Hot Teaze, a hairdressing tool, was started by Annie Vine & Janet Cocks in June 2010. As of January 2024, HTZ Hot Teaze net worth is $3.5 million and their annual revenue is below $5 million.
In 2018 July they appeared on Season 4 of Shark Tank Australia seeking $500,000 for 5% of equity valuing the company at $10 million. But the Sharks were not interested in investing in HTZ Hot Teaze. The Sharks were not satisfied with the business model.
As of 2024 January, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
HTZ Hot Teaze Net Worth
| Net worth | $3.5 million |
| Annual Sales Revenue | Below $5 million |
| Profits | – |
| Lifetime sales | – |
| Investor | None |
| Founders | Annie Vine & Janet Cocks |
| Employees | 11-50 employees |
HTZ Hot Teaze Net Worth Timeline
| Net Worth 2024 | $3.5 million |
| Net Worth 2023 | $3 million |
| Net Worth 2022 | $3.2 million |
| Net worth valuation 2018 before appearing on Shark Tank | $10 million |
HTZ Hot Teaze Pitch on Shark Tank
| Company name | HTZ Hot Teaze |
| Product | Which adds body and volume to the hair |
| Episode | Season 04 Episode 11 |
| Founders | Annie Vine & Janet Cocks |
| Asked for | $500,000 for 5% Stake |
| Final deal | No Deal |
| Sharks | No Sharks |
| Location | Victoria, Australia |
Don’t miss these product from Season 04
HTZ Hot Teaze Founders
HTZ Hot Teaze was founded by Annie Vine & Janet Cocks in 2010. In 2003, Anne, a professional hairstylist, had an idea to address her thinning hair using a crimping iron. Over the years, with improvements and collaboration with her niece, Janet, they created the htz Hot Teaze, an innovative styling tool, manufactured in Perth, Western Australia. HTZ Hot Teaze’s founders, Annie Vine & Janet Cocks, have a net worth of 3.5 million USD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2017 | In June 2017, the company achieved success by winning at the Australian Design Selection Awards. They were recognized for their outstanding contributions, showcasing excellence in design. This accomplishment marked a significant moment for the company. |
| 2018 | The company appeared on Shark Tank Australia Season 04. |
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 HTZ Hot Teaze and its continued success.
