Stress Free Kids Net Worth 2023 Update (Before & After Shark Tank)
Stress Free Kids, Children’s Books was started by Lori Lite in 2004. As of October 2023, Stress Free Kids net worth is $5 Million and they’re pulling in a whopping $5 million in annual revenue.
On August 23, 2009, they appeared on Season 1 of Shark Tank USA and made a deal with Barbara Corcoran, for $250,000 for 20% equity. The final valuation was $500,000, down from the founder’s initial estimate of $1.25 Million.
Stress Free Kids is still in business. Their product is available on the official website and Amazon.
Stress Free Kids Net Worth
Net worth | $5 Million (2023) |
Annual Sales Revenue | $2 million (2022) |
Profits | – |
Lifetime sales | – |
Investor | Barbara Corcoran |
Founder | Lori Lite |
Employees | 10 to 25 |
Stress Free Kids Net Worth Timeline
Net Worth 2023 | $5 Million |
Net Worth 2022 | $4 Million |
Net Worth 2021 | $3.5 Million |
Net Worth 2020 | $3 Million |
Net worth valuation in 2009 after appearing on Shark Tank | $500,000 |
Net worth valuation in 2009 before appearing on Shark Tank | $1.25 Million |
Stress Free Kids Pitch on Shark Tank
Company name | Stress Free Kids |
Product | Children’s Books |
Episode | Season 01 Episode 03 |
Founder | Lori Lite |
Asked for | $250,000 for 20% equity |
Final deal | $250,000 for 50% equity |
Shark | Barbara Corcoran |
Location | Marietta, Georgia |
Don’t miss these products from Season 1
Stress Free Kids Founder
Stress Free Kids was founded by Lori Lite. the company launch date is unknown. Lori is a parenting stress expert. She researched and wanted to find ways to reduce stress management techniques. Stress Free Kids founder, Lori Lite, has a net worth of USD 5 Million as of 2023.
Key accomplishments
Year | Accomplishment |
2023 | Stress Free Kids has been recognized as the best stress and anxiety management service for children and adults. |
2009 | Stress Free Kids appeared in 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 Stress Free Kids and its continued success.