Wad-free, business for bed sheets is the first-ever wad preventer, was started by Cyndi Bray in 2020. As of November 2023, Wad-free net worth is $5 million and they’re pulling in a whopping $513,000 in annual revenue.
In October 2021, they appeared on season 13 of Shark Tank USA and made a deal with Kevin O’Leary, for $200,000 for a 10% equity of equity. The final valuation was $2 million, down from the founder’s initial estimate of $4 million.
Wad-Free is still in business as of December 2023. Recent articles confirm their continued operation and success, including a December 2023 update on the Humble Rise website. Wad-Free products are available on their website and major online retailers like Amazon.
Wad-free Net Worth
| Net worth | $5 million (2023) |
| Annual Sales Revenue | $513,000 (2023) |
| Profits | Not publicly available |
| Lifetime sales | Not publicly available |
| Investor | Kevin O’Leary |
| Founder | Cyndi Bray |
| Employees | Not publicly available |
Wad-free Net Worth Timeline
| Net Worth 2023 | $5 million |
| Net Worth 2022 | $5 million |
| Net worth valuation 2021 after appearing on Shark Tank | $2 million |
| Net worth valuation 2021 before appearing on Shark Tank | $4 million |
Wad-free Pitch on Shark Tank
| Company name | Wad-free |
| Product | Wad-Free for Bed Sheets is the first-ever Wad Preventer |
| Episode | Season 13 Episode 05 |
| Founder | Cyndi Bray |
| Asked for | $200,000 for a 5% equity |
| Final deal | $200,000 for a 10% equity |
| Shark | Kevin O’Leary |
| Location | Hanover, Massachusetts |
Don’t miss these product from Season 13
Wad-free Founder
Cyndi Bray found Wad-free in 2020. He invented Wad-Free out of personal frustration with tangled bedsheets. Wad-free’s founder, Cyndi Bray, has a net worth of $5 million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2019 | Appeared on Shark Tank season 13 and Kevin O’Leary invested $200,000 for a 10% equity |
| 2022 | Expands product line to include Wad-Free for Blankets & Duvet Covers. |
| 2023 | Featured in various media outlets and recognized for entrepreneurial success. |
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 Wad-free and its continued success.
