SafeGrabs-Shark-Tank-US-Net-worth-Update

Safe Grabs, a Multi-purpose BPA-free kitchen tool, was started by Cyndi Lee in 2014. As of September 2023, Safe Grabs’ net worth is $5 Million and they’re pulling in a whopping $1 Million in annual revenue.

On October 21, 2016, they appeared on Season 8 of Shark Tank USA and made a deal with a Lori Greiner, for $75,000 for 25% equity. The final valuation was $300,000, down from the founder’s initial estimate of $625,000.

Safe Grabs is still in business as of 2023. Products are available on the website and Amazon.

Safe Grabs Net Worth

Net worth$5 Million (2023)
Annual Sales Revenue$1 Million (2022)
Profits
Lifetime sales$5 million
InvestorLori Greiner
FounderCyndi Lee
Employees20 to 50

Safe Grabs Net Worth Timeline

Net Worth 2023$5 Million
Net Worth 2022$4.5 Million
Net Worth 2021$4 Million
Net Worth 2020$3.5 Million
Net worth valuation in 2016 after appearing on Shark Tank  $300,000
Net worth valuation in 2016 before appearing on Shark Tank  $625,000

Safe Grabs Pitch on Shark Tank

Company nameSafe Grabs
ProductMulti-purpose BPA-free kitchen tool
EpisodeSeason 8 Episode 05
Founder Cyndi Lee
Asked for$75,000 for 12% equity
Final deal$75,000 for 25% equity
SharkLori Greiner
LocationLos Angeles, California, 90292, United States

Don’t miss these products from Season 8

Safe Grabs Founder

Safe Grabs was founded by Cyndi Lee in 2014. She made tools to stop burning her fingers when cooking. She is very smart with the way she handles the company. Safe Grabs’s founder, Cyndi Lee, has a net worth of USD 5 Million as of 2023.

Key accomplishments

YearAccomplishment
2018Become one of the most successful product that made millions
2016Appeared 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.

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