Hugo’s Amazing Tape, a reusable adhesive wrap, was started by Katherine Saltzberg and Lauri Fraser in 2002. Hugo’s Amazing Tape net worth was 100,000 in 2018 based on the Shark Tank deal. As of August 2023, Hugo’s Amazing Tape net worth is not available.
In February 2018, they appeared on Season 9th of Shark Tank USA seeking $50,000 for 50% of equity of the company. But deal ended with Mark Cuban and Lori Greiner for $100,000 for 100% of the company.
In August 2023, Hugo’s Amazing Tape business status is unclear. Mark Cuban and Lori Greiner bought this firm and dismantled it. But still you can buy their products from e-commerce channels such as amazon and Wal – Mart.
Hugo’s Amazing Tape Net Worth
| Net worth | $100,000 (valuation 2018) |
| Shark Tank Investor | Mark Cuban and Lori Greiner |
| Founder | Katherine Saltzberg and Lauri Fraser |
Hugo’s Amazing Tape Net Worth Timeline
| Net worth 2023 | Not publicly available |
| Net worth 2022 | Not publicly available |
| Net Worth 2021 | $3 Million |
| Net Worth 2020 | $2.5 Million |
| Net worth valuation 2018 after appearing on Shark Tank | $0.1 Million |
| Net worth valuation 2018 before appearing on Shark Tank | $0.1 Million |
Hugo’s Amazing Tape Pitch on Shark Tank
| Company name | Hugo’s Amazing Tape |
| Product | Reusable adhesive wrap that leaves behind no sticky residue |
| Episode | Season 09 Episode 23 |
| Founders | Katherine Saltzberg and Lauri Fraser |
| Asked for | $50,000 for 50% |
| Final deal | $100,000 for 100% equity |
| Sharks | Mark Cuban and Lori Greiner |
| Location | Union Pacific Ave, Commerce, California, United States. |
Hugo’s Amazing Tape Founders
Hugo’s Amazing Tape was founded by Katherine Saltzberg and Lauri Fraser in 2002. Inventor spent their time in his father’s print shop. He noticed that all things in the package were destroyed except for a piece of plastic. Then he decided to create something that can be reused from this plastic. Hugo’s Amazing Tape’s first founder is Hugo Maisnik but his daughter’s Katherine Saltzberg and Lauri Fraser appeared on Shark Tank, Katherine Saltzberg and Lauri Fraser have a net worth of 3 Million USD as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2018 | Appeared on Shark Tank season 09 episode 23 |
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 forHugo’s Amazing Tape and its continued success. However, In 2023 Hugo’s Amazing Tape business status is unclear. Mark Cuban and Lori Greiner bought this firm and dismantled it. But still you can buy their products on amazon and Wal – Mart.