BareEASE Shark Tank Net Worth 2023
The net worth of Bare Ease is unknown as the business is no longer in operation since 2019. The product is no longer available in the market. Bare Ease’s founder, Edna Ma, also has an unknown net worth as of 2023.
Bare Ease was featured on Shark Tank America in November 2013. Before appearing on Shark Tank, Bare Ease had a net worth of $250,000 USD[3], and last year sales were $45 K.
Edna Ma entered the Tank seeking $50,000 for 20% of her company. Despite not getting a deal and receiving heavy feedback from the Sharks, Dr. Edna continued her idea and her product was still selling until it went out of business in 2019.
The Shark Tank effect helped Bare Ease get more exposure as it appeared on multiple TV shows and had positive customer reviews on Amazon.
What is BareEASE? Who is the Founder of BaseEASE?
BareEASE is a unique lotion that moisturizes and numbs the bikini area to make waxing almost painless, providing all the benefits of a Brazilian wax without any discomfort.
To use it, simply cleanse and exfoliate the area, trim hair to less than half an inch, and apply the numbing lotion 30 to 45 minutes before your appointment.
The supplied BareEASE panty keeps the lotion in place and your clothing protected. The numbing effect should be felt within 15 minutes, with complete anesthesia achieved in 30 to 45 minutes.
When you arrive for your appointment, remove any remaining cream, and you’re ready to go. Dr. Edna Ma, MD, a mother of two and a board-certified anesthesiologist, founded BareEASE in 2010 as an entrepreneur.
She came up with the idea after a painful Brazilian wax experience and realized that prepping the skin could reduce and prevent discomfort, just as they do before medical procedures.
BareEASE Shark Tank Pitch?
Dr. Edna Ma pitched BareEASE on Shark Tank Season 5 Episode 5, seeking $50,000 for a 20% stake in her company, which was valued at $250,000. She explained how BareEASE is a numbing lotion that helps alleviate pain for women getting their legs waxed, with a patented formula.
While the Sharks laughed and made jokes, Dr. Ma presented her product, which has no competition in the market. However, Mark, Barbara, and Kevin went out due to concerns about the size of the market, Dr. Ma’s dedication to the business, and competition.
Lori was interested but ultimately decided not to invest. Robert was impressed by Dr. Ma’s story but did not invest, and she left without a deal. Despite this setback, Dr. Ma continued to sell BareEASE online, and she found an investor who managed the logistics of the company until it was shut down in 2019.
Women who want to experience a painless waxing experience can still purchase BareEASE on Dr. Ma’s website and on Amazon.
BareEASE Net Worth
Dr. Edna Ma appears on Shark Tank season 5 episode 5 in search of $50,000 in exchange for a 20% share in her firm. This equates to a $250,000 valuation.
BareEASE Competitors
There are no competitors identified for BareEASE.
BareEASE FAQS
What is BareEASE?
BaseEASE is a novel lotion that prepares their skin for waxing by hydrating and numbing the bikini region.
This makes bikini waxing almost painless. They receive all of the advantages of a Brazilian wax without any of the discomfort.
Who is founder of BareEASE?
Dr. Edna Ma, MD is a mother of two and a board-certified anaesthesiologist. She founded BareEASE as an entrepreneur in 2010.
How much was she seeking in the Shark Tank Pitch?
Dr. Edna Ma appears on Shark Tank season 5 episode 5 in search of $50,000 in exchange for a 20% share in her firm. This equates to a $250,000 valuation.
Did she get the deal from the Shark Tank?
No, she did not receive any investment from the Sharks.
What is the BareEase website?
The website is no longer active.
Is BareEase still in business?
BareEase is no longer in business.
How much was BareEase costing?
The BareEase kit was costing $2.82 to make and sells for $18
Was BareEase really effective?
BareEASE will continue to function after their session, enabling the skin irritation to lessen before the numbness goes off.
They will be in as little discomfort as possible from start to completion. It makes waxing a breeze! … BareEASE is very effective.
What episode of Shark Tank was BareEASE featured?
The episode was aired on the 5th season, episode 5.
When was BareEASE aired on Shark Tank?
The episode was aired in October, 18th 2013.
How long was BareEASE been in business?
BareEASE was founded in 2010.
Where was BareEASE located?
BareEASE was based in Los Angeles, California.
What is the net worth of Edna Ma?
Total Edna Ma Net Worth in 2021 is approximated to be over $1 Million.