“Safe Grabs” got featured on Shark Tank America in October 2016. It has a net worth of around 500K USD as of 2023. Since appearing on Shark Tank, Safe Grabs has experienced tremendous growth and success. They have secured additional funding and partnerships, leading to an estimated net worth of $500k.
Shark Tank is a popular TV show where aspiring entrepreneurs pitch their business ideas to a panel of successful investors, known as “sharks.”
| Safe Grabs’s Net worth before appearing on Shark Tank | 625K USD |
| Safe Grabs’s Current Net Worth (2023) | 500K USD |
| Episode | Season 8 Episode 5 |
| Company name | Safe Grabs |
| Product | Multi-porpose kitchen tool made of BPA-Free silicone |
| Founder | Cyndi Lee |
| Asked for | $75,000 for 12% Equity |
| Final deal | $75,000 for 25% Equity |
| Shark | Lori Greiner |
| Business status | In Business |
| Location | Los Angeles, California, USA |
Safe Grabs’s founder, Cyndi Lee, has a net worth of 375,000 USD as of 2023.
Key accomplishments:
| Year | Accomplishment |
| 2020 | In response to the COVID-19 pandemic, donated 50,000 medical masks for hospitals. |
| 2019 | Reached 5 Million USD million in sales after appearing 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 Safe Grabs and its continued success.