Shark Tank Worthy Brands, a medical eye patch company founded by Paige Brattin, entered Shark Tank USA in 2023 on Season 15. The founder was seeking $250,000 for 10% equity for their business. Unfortunately, she couldn’t secure a deal with the Sharks. In this article, we will explore Worthy Brands’s net worth in 2024, its Shark Tank pitch summary and more.
Worthy Brands Net Worth
As of March 2024, Worthy Brands’s estimated net worth is $2 million, and its annual revenue was $200,000 in 2023.
Net worth | $2 million *estimated |
Annual Sales Revenue | $200,000 (In 2023) |
Profits | Not Available |
Lifetime sales | $1.7 million in sales over four years |
Employees | 11-50 employees |
Worthy Brands Net Worth Timeline
Net Worth 2024 | $2 million |
Net Worth 2023 | $2.5 million (Business Valuation) |
Shark Tank Worthy Brands Update from Season 15
Upon entering Shark Tank, Brattin seeks $250,000 for 10% equity, valuing $2.5 million, to share her business. See Worthy, initiated by Paige in 2019, achieved $150,000 in sales, totaling $1.7 million in the past four years. At filming time, sales were just under $200,000.
The company sells a box of 50 patches for $27.50 on its website and $28.50 on Amazon, with a production cost of $7. Despite the sharks’ admiration for the product, Paige left Shark Tank without a deal.
Company Name | Worthy Brands |
Founder | Paige Brattin |
Business | Eye patches employed in treating Amblyopia, the primary cause of childhood blindness |
Episode | Season 15 Episode 1 |
Asked Deal | $250,000 for 10% equity |
Final Deal | No Deal |
Shark | None |
Business Status | In Business |
Company Website | Visit Website |
Headquarter | Hawaii, USA |
What Happened to Worthy Brands after Shark Tank?
The Worthy Brands is still in business as of March 2024. Three days after the episode aired, their website traffic and Amazon listing increased significantly. Despite not securing a deal on the show, the company mentioned that being on Shark Tank opened numerous opportunities.
On October 25, 2023, they introduced eye patches featuring animal eye designs. You can purchase your Worthy Brands and more through their website.
Worthy Brands Founder
Paige Brattin is the founder of Worthy Brands. Her daughter, Addie, at the age of 5, was diagnosed with amblyopia, a condition causing childhood vision loss, affecting 1 in every 45 children, primarily seen in those below seven years of age. The success rate of amblyopia treatment ranges from 30% to 92%.
Noticing a shortage of safe eye patches for her daughter, Brattin founded Worthy Brands to address this issue. She holds a Master of Arts from the University of New Hampshire, and Paige Brattin’s net worth is unknown as of March 2024.
Worthy Brands Achievements and Awards
Year | Achievements and Awards |
2023 | The company has featured many TV shows including Shark Tank, Home Business etc |
2021 | Paige received a nomination for the “Force for Change Awards” |
Conclusion
Shark Tank is a TV show showcasing different business ideas, helping them succeed. Worthy Brands was one of the ventures featured on the show. Despite losing the deal, the company showed that success is possible with the right idea and execution. Now, we eagerly await to see how their success story unfolds in the future.
Before you leave, check out the other company updates in Season 15, Episode 01.