The Spatty, Tiny Spatulas, was started by Cheryl Rigdon. The company launch date was unknown. As of October 2023, The Spatty net worth is $4 Million and they’re pulling in a whopping $1 million in annual revenue.
On October 12, 2012, they appeared on Season 4 of Shark Tank USA seeking $50,000 for 40% equity valuing the company at $125,000. But the Sharks were not interested in investing in The Spatty. Sharks stated that the company would take a lot of time and resources to grow so the founder had to walk empty-handed.
The Spatty is still in business. Their products are available on the official website and Amazon.
The Spatty Net Worth
Net worth | $4 Million (2023) |
Annual Sales Revenue | $1 million (2023) |
Profits | – |
Lifetime sales | $2 million |
Investor | – |
Founder | Cheryl Rigdon |
Employees | 10 to 25 |
The Spatty Net Worth Timeline
Net Worth 2023 | $4 Million |
Net Worth 2022 | $3.5 Million |
Net Worth 2021 | $3 Million |
Net Worth 2020 | $2.5 Million |
Net worth valuation in 2012 before appearing on Shark Tank | $125,000 |
The Spatty Pitch on Shark Tank
Company name | The Spatty |
Product | Tiny spatulas |
Episode | Season 04 Episode 05 |
Founder | Cheryl Rigdon |
Asked for | $50,000 for 40% equity |
Final deal | No deal |
Sharks | None |
Location | Gerber Road, Sacramento, CA |
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The Spatty Founder
The Spatty was founded by Cheryl Rigdon. The company launch date was unknown. Cheryl is a South Carolina native. She has a background in the healthcare industry The Spatty’s founder, Cheryl Rigdon, net worth is unknown as of 2023.
Key accomplishments
Year | Accomplishment |
2012 | The Spatty 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 The Spatty and its continued success.