Baker’s Edge Shark Tank Update |What happened to Baker’s Edge after the Shark Tank Pitch?
What is Baker’s Edge?
Baker’s Edge is a brand that offers a variety of innovative baking tools and kitchen equipment.
They are particularly known for their signature product, the Edge Brownie Pan, which creates brownies with edges on all sides.
The company has expanded their product line to include items such as the Simple Lasagna Pan and the Better Muffin Pan.
The Edge Brownie Pan is a standard-sized pan for making brownies, but it has three dividers built in, ensuring that each brownie has at least two corners.
Additionally, the non-stick surface of the pan distributes heat evenly, resulting in better baking performance, particularly in the center of the pan where food typically takes longer to cook.
Who is the Baker’s Edge founder?
Matthew Griffin, founder and president of Baker’s Edge, is the inventor of the Edge Brownie Pan.
He studied Economics and Urban Planning at Ball State University and considers himself an innovator who values the artistic and creative aspects of managing Baker’s Edge just as much as the business side.
The idea for the Edge Brownie Pan came about during a conversation with his former boss, where they were discussing an episode of The Oprah Winfrey Show in which a young entrepreneur named Abbey Fleck shared how she created her microwave bacon rack.
This conversation sparked Matthew’s interest in tackling everyday issues and the challenge of bringing a product to market, and he was inspired by Abbey’s success.
As he was eating an edge brownie at the time, the idea for the Edge Brownie Pan was born, and ultimately led to the creation of Baker’s Edge.
What happened to Baker’s Edge at the Shark Tank Pitch?
Matthew and Emily appeared on Shark Tank seeking $400,000 for a 20% stake in their company, valuing it at $2 million.
They presented their Edge Pan, which is protected by a utility patent, and discussed plans to expand into traditional bakeware.
They reported $6 million in sales so far, with a recent drop to $250,000 but an increase of more than $2 million when Oprah endorsed their product.
They also discussed their upcoming Better Muffin Pan, which is easy to clean and costs $35.95. The Sharks, including Barbara Corcoran, Mark Cuban, Robert, Kevin, Lori, and Barbara, were not convinced by their product and passed on the investment opportunity.
Matthew expressed respect for their opinions but believed in the potential for their company.
Baker’s Edge after the Shark Tank Pitch
The company, which debuted on Shark Tank, has continued to be successful with their products, earning between $1 and $2 million annually as of August 2021.
In addition to their original offerings, such as the Lasagna Pan and Better Muffin Pan, they have also released a Baker’s Edge Brownie Pan Complete Set that includes a high heat resistant silicone cover, spatula and edge wedge.
Baker’s Edge Net worth
On Shark Tank Season 5 Episode 29, Matt and Emily sought $400,000 in exchange for a 20% stake in their company, valuing it at $2 million.
Baker’s Edge Competitors
There are no competitors identified for Baker’s Edge.
Baker’s Edge FAQS
What is Baker’s Edge?
Baker’s Edge is a collection of cutting-edge baking pans and kitchen utensils. Baker’s Edge is well known for its flagship product, the Edge Brownie Pan.
The Edge Brownie Pan is a baking pan that makes all-edge brownies. Since then, the company’s product range has grown to include the Simple Lasagna Pan and the Better Muffin Pan.
Who is the founder of Baker’s Edge?
Matthew Griffin is the founder and president of Baker’s Edge. He studied Economics and Urban Planning at Ball State University.
Matthew views himself as an innovator at heart, adding that he appreciates the artistic and creative sides of Baker’s Edge management just as much as the business.
How was they seeking in the Shark Tank?
Matt and Emily appeared on Shark Tank Season 5 Episode 29 in search of $400,000 for a 20% stake in the company.
Did they get deal from the Sharks?
No, they did not receive a deal.
Is Baker’s Edge Still in Business?
Baker’s Edge is still open for business today. Sales have risen and fallen over the years, sometimes dramatically, but Matthew expects the Simple Lasagna Pan and Better Muffin Pan to boost sales higher.
What was special about the Baker’s Edge pan?
It’s the only gourmet brownie pan that gives each serve two chewy edges. The innovative sides of the pan further increase baking performance by uniformly distributing heat to the pan’s center, where food generally takes longer to bake.
Do they grease a Bakers Edge Brownie Pan?
The non-stick coating performs admirably and makes cleaning a breeze. With bulky oven mitts, the extra-large handles are simple to grasp. It takes some time to grease and fill the pan.
When was Bakers edge on Shark Tank?
Baker’s Edge will present their unique brownie pans to Shark Tank for the Season 4 finale on May 16, 2014.
How do they contact them?
Please forward any further questions or comments to them at info@bakersedge.com.
Will they please make a lid for their Edge Brownie Pan?
They did, in fact.
Can they put their Baker’s Edge pan in the dishwasher?
Dishwashers can harm non-stick bakeware, therefore hand cleaning is recommended for safety.
If they used a non-stick cooking spray, cleaning should be as simple as a sponge and a rinse.
They advocate utilizing a soap-dispensing dishwashing wand with a soft sponge at the end of the handle for the greatest results.
Can they store leftover food in their Baker’s Edge pan?
Its fine to leave brownies in the pan for a few days, but any other leftover food should be stored in glass or plastic containers.
Metal bakeware, metal cookware, metal utensils, and just about everything else made of metal may be damaged by prolonged contact to moisture (or hot or cold temperatures).
What is the net worth of Matthew Griffin?
Matthew Griffin’s net worth is unavailable.
What is the net worth of Emily Griffin?
Emily Griffin’s net worth is unavailable.