Tangle Pets, a children’s hair brush, was started by Liz Martin on Jan 1, 2007. Tangle Pets’ net worth was $150K in 2017, based on the Shark Tank deal of $75,000 for 50% equity.
In October 2017, they appeared on Season 09 of Shark Tank USA and made a deal with Lori Greiner, $75,000 for 50% equity.
As of October 2023, the company is still in business. You can purchase products on e-commerce channels such as their website and Amazon.
Tangle Pets Net Worth
Net worth | $150K (2022) |
Annual Sales Revenue | $5 million (2021) |
Profits | – |
Lifetime sales | $12 million |
Investor | Lori Greiner |
Founder | Liz Martin |
Employees | – |
Tangle Pets Net Worth Timeline
Net Worth 2023 | Not Disclosed |
Net Worth 2022 | $150K |
Net Worth 2021 | $150K |
Net Worth 2020 | $148K |
Net worth valuation 2017 after appearing on Shark Tank | $150K |
Net worth valuation 2017 before appearing on Shark Tank | $214K |
Tangle Pets Pitch on Shark Tank
Company name | Tangle Pets |
Product | Hairbrush for children attached to a stuffed plush animal |
Episode | Season 09 Episode 03 |
Founder | Liz Martin |
Asked for | $75,000 for 35% equity |
Final deal | $75,000 for 50% equity |
Shark | Lori Greiner |
Location | Hawthorne, California |
Don’t miss these product from Season 09
Tangle Pets Founder
Tangle Pets was founded by Liz Martin in 2017. Liz Martin, a businesswoman, developed detangling hair brushes for children. Her invention involved attaching a stuffed animal to a hairbrush, inspired by the challenge of brushing her three thick-haired daughters’ hair. Tangle Pets’s founder, Liz Martin, has a net worth of 08 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2017 | The company appeared on Shark Tank Season 09 and got the deal from Lori Greiner |
2022 | You can easily find these products at Walmart, Target, and on the company’s Amazon store as of June 2022 |
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 Tangle Pets and its continued success.