Pair Eyewear, Customizable children’s glasses, was started by Nathan Kondamuri and Sophia Edelstein in 2017. As of September 2023, Pair Eyewear’s net worth is $8.6 Million. Pair Eyewear sales have increased after appearing in Shark Tank.
On March 6, 2020, they appeared on Season 11 of Shark Tank USA and made a deal with Lori Greiner and Katrina Lake, for $400,000 for 10% equity. The final valuation was $4 Million, the Same as the founder’s initial estimate.
Pair Eyewear is still in business as of 2023. Products are available on the website.
Pair Eyewear Net Worth
Net worth | $8.6 Million (2023) |
Annual Sales Revenue | – |
Profits | – |
Lifetime sales | – |
Investors | Lori Greiner and Katrina Lake |
Founders | Nathan Kondamuri and Sophia Edelstein |
Employees | 46 |
Pair Eyewear Net Worth Timeline
Net Worth 2023 | $8.6 Million |
Net Worth 2022 | $7.5 Million |
Net Worth 2021 | $6.5 Million |
Net Worth 2020 | $6 Million |
Net worth valuation in 2020 after appearing on Shark Tank | $4 Million |
Net worth valuation in 2020 before appearing on Shark Tank | $4 Million |
Pair Eyewear Pitch on Shark Tank
Company name | Pair Eyewear |
Product | Customizable children’s glasses |
Episode | Season 11 Episode 14 |
Founders | Nathan Kondamuri and Sophia Edelstein |
Asked for | $400,000 for 10% equity |
Final deal | $400,000 for 10% equity and $1.50/unit royalty until $400,000 |
Sharks | Lori Greiner and Katrina Lake |
Location | Brooklyn, New York, 11215, United States |
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Pair Eyewear Founders
Pair Eyewear was founded by Nathan Kondamuri and Sophia Edelstein in 2017. They both met each other at the university. They both started this company because of the high cost of glasses. Pair Eyewear’s founders, Nathan Kondamuri and Sophia Edelstein, have a net worth of USD 8.6 Million as of 2023.
Key accomplishments
Year | Accomplishment |
2022 | They got licensing deals with the Marvel universe |
2020 | Appeared on Shark Tank |
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 Pair Eyewear and its continued success.