New Eye Company, a safety glasses product, was started by Andy Mehringer in 2010. New Eye Company net worth was $500K in 2016 based on the Shark Tank deal.
In 2016 June, they appeared on Season 02 of Shark Tank Australia and made a deal with Steve Baxter, Andrew Banks and Glen Richards, $150k for 30% stake.
As of 2024 January, the company is still in business. You can purchase products through e-commerce channels such as their website and Amazon.
New Eye Company Net Worth
| Net worth | $500K (When appeared on Shark Tank Show) |
| Annual Sales Revenue | Not Disclosed |
| Profits | Not Disclosed |
| Lifetime sales | Not Disclosed |
| Investors | Steve Baxter, Andrew Banks and Glen Richards |
| Founder | Andy Mehringer |
| Employees | 2-10 employees |
New Eye Company Net Worth Timeline
| Net Worth 2024 | Not Disclosed |
| Net Worth 2023 | Not Disclosed |
| Net Worth 2022 | $4.5 million |
| Net Worth 2021 | $4 million |
| Net worth valuation 2016 after appearing on Shark Tank | $500K |
| Net worth valuation 2016 before appearing on Shark Tank | $750K |
New Eye Company Pitch on Shark Tank
| Company name | New Eye Company |
| Product | Online website which offers anti-inflammatory recipes for improved health |
| Episode | Season 02 Episode 09 |
| Founder | Andy Mehringer |
| Asked for | $150,000 for 20% Stake |
| Final deal | $150,000 for 30% Stake |
| Sharks | Steve Baxter, Andrew Banks and Glen Richards |
| Location | Redcliffe, Queensland, Australia |
Don’t miss these product from Season 02
New Eye Company Founder
New Eye Company was founded by Andy Mehringer in 2010. He has been an optician since 1990, dedicating his career to the optical industry. The New Eye Company Pvt. Ltd introduced an innovative safety glasses system designed to accommodate prescription lenses. New Eye Company’s founder, Andy Mehringer, has a net worth of 4.5 millionUSD as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2016 | The company appeared on Shark Tank Australia Season 02 and got the deal from Steve Baxter, Andrew Banks and Glen Richards. |
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 New Eye Company and its continued success.
Also if you want to read further details about New Eye Company, Read here : New Eye Company, what happened to innovative eye-protective wear after the shark tank
