Christmas Tree Hugger Shark Tank Net Worth 2023
Christmas Tree Hugger Shark Tank Net Worth
Ryan Kenny, the founder of The Christmas Tree Hugger, has a net worth of 2.5 million USD as of 2022. The company was valued at $500,000 during and after the pitch on Shark Tank USA in December 2018.
Since then, it has been in operation and potentially increased its net worth.The Christmas Tree Hugger is a product designed to make decorating Christmas trees easier.
It comes in two colors and is sold at retail stores such as Home Depot and Walmart. Despite not receiving any investments from the Sharks on Shark Tank, the episode led to a huge increase in sales for The Christmas Tree Hugger. Reviews for the product have been generally positive.
What is Christmas Tree Hugger? Who is the founder of Christmas Tree Hugger?
Ryan Kenny, the founder of the Christmas Tree Hugger company, created a wrap-around skirt that covers artificial Christmas trees with a dark synthetic material to improve their appearance and conceal the electrical wires used for lighting.
Despite holding a full-time position as the vice-president of global accounts at Aptar Group, he pursued his entrepreneurial passion by experimenting with various designs and materials to solve his wife’s dissatisfaction with their fake tree’s base.
He measured the bases of artificial trees in stores to develop a successful prototype and then filed patents for his invention.
The product is made of wet suit material, can fit any artificial tree, and comes in two designs: dark bark or birch bark, with a candy cane design on the reverse side.
A portion of the profits goes to a non-profit organization that provides Christmas trees to underprivileged families.
Kenny launched a successful IndieGoGo campaign in 2015 and gained QVC’s attention, propelling his business forward.
Christmas Tree Hugger Shark Tank Pitch
During the 2017 “Shark Tank Holiday Special,” Ryan Kenny tried to secure a $100,000 investment for his company, the Christmas Tree Hugger, in exchange for a 20% stake.
The company was valued at $500,000, and Ryan presented his product, offering samples to the Sharks.
He also shared that he had already made $50,000 in sales. Unfortunately, the Sharks were not interested in investing, and Ryan had to leave the pitch without a deal.
After appearing on the show, the product is now available seasonally at Wal Mart and Home Depot and year-round on Amazon.
As of August 2022, the company had $500,000 in annual revenue and was eagerly anticipating another Christmas season.
In episode 910 of the 2017 “Shark Tank Holiday Special”, Ryan revealed that he had done $50,000 in sales over the past year and a half. The product comes in several holiday-inspired designs
The product is available seasonally at Wal-Mart and Home Depot, and year-round on Amazon, even though the pitch did not result in a deal. The company is still active and looking ahead to the upcoming Christmas season..
Net Worth of Christmas Tree Hugger
The company was valued at $500,000 during and after the pitch, and since then, it has been in operation, potentially increasing its net worth.
Christmas Tree Hugger Shark Tank Update
Christmas Tree Hugger is a product that makes artificial Christmas trees look more festive and fun. It comes in several holiday-inspired designs and is simply wrapped around the pole of any artificial tree.
The product was featured on Shark Tank in December 2018, and the founder, Ryan Kenny, asked for $100,000 for 20% equity in the company. However, none of the sharks made an offer.
Despite not receiving an investment from the sharks, Ryan Kenny has managed to keep his company in business all the way through 2022.
The Christmas Tree Hugger continues to generate about half a million dollars every Christmas season.
The product is easy to use and promotes the green Christmas concept, which motivates more people to purchase artificial trees as it helps give them a more realistic look.
As of 2022, Ryan Kenny, the founder of The Christmas Tree Hugger, has a net worth of 2.5 million USD.
The product has received positive reviews from customers who appreciate how it puts the finishing touch on their Christmas trees and conceals messy electrical cords.
Although the sharks did not invest in The Christmas Tree Hugger, the product is still considered a good one that solves a common problem during the holiday season.
Christmas Tree Hugger Shark Tank Net Worth Summary
| TOPIC | INFORMATION |
| Founder | Ryan Kenny |
| What is Christmas Tree Hugger? | A wrap-around skirt that covers artificial Christmas trees with a dark synthetic material to improve their appearance and conceal the electrical wires used for lighting. |
| Shark Tank Pitch | Valuation: $500,000; Sought: $100,000 for a 20% stake; No deal |
| Sales | $50,000 in the year and a half prior to the pitch; Generates about $500,000 annually during Christmas season |
| Product | Available seasonally at Wal Mart and Home Depot and year-round on Amazon; Made of wet suit material; Comes in two designs |
| Net Worth | $2.5 million as of 2022 |
| Impact of Shark Tank | Led to a huge increase in sales despite not receiving any investments from the Sharks; Positive reviews from customers |
What is Christmas Tree Hugger?
Christmas Tree Hugger is a dark-colored synthetic cover that covers the bottom of your artificial Christmas tree so you don’t have to see the green fuzzy bottom.
It conceals the wires for Christmas lights and is available in dark bark or birch bark.
Who is the founder?
Ryan Kenny is the creator and founder of the product. He has a background in advertisement design, and has worked as an art director for 15 years.
He presently runs the firm while continuing to work full time with Aptar Group as vice-president of global accounts.
How much was seeking on Shark Tank?
Ryan was seeking for $100,000 for 20% stake in the business. The company was worth $500,000 at the time of airing.
What Is The Christmas Tree Hugger And How Does It Work?
The Christmas Tree Hugger is a product designed to make artificial Christmas trees look more realistic by concealing the pole at the bottom of the tree.
The product is easy to use, as it simply wraps around the pole at the base of the tree. The Christmas Tree Hugger comes in two different colors, a darker natural-looking color and a lighter color ideal for a snow-covered fake tree. The product is adjustable and can fit trees of different sizes.
The Christmas Tree Hugger was created by Ryan Kelly, who wanted to design a natural-looking solution to conceal the pole at the bottom of his artificial Christmas tree.
The product has received positive reviews from customers who appreciate its ability to make artificial trees look more realistic.
The Christmas Tree Hugger also promotes the green Christmas concept and encourages people to purchase artificial trees.
The Christmas Tree Hugger has been successful since its appearance on Shark Tank, and it is now available at various online retailers such as Amazon, Walmart, Home Depot, Wayfair, and Zulilly.
The product has also contributed to Christmas Tree Santas, a charitable firm providing low-income households with Christmas trees.
The Christmas Tree Hugger is an innovative product that solves a common problem for those who prefer artificial Christmas trees.
What Materials Is The Christmas Tree Hugger Made Of?
The Christmas Tree Hugger is a product that is designed to wrap around the base of an artificial Christmas tree to make it look more realistic.
The product is made of wetsuit material, which is a thick plush foam material. The foam material is the same type of foam used for most mouse pads, and it is thick enough to roll smoothly without any wrinkles or dents.
The Christmas Tree Hugger comes in two colors, dark bark or birch bark, and both colors have a candy cane pattern on the reversible side. The product fastens with Velcro, making it easy to use and fold to size any artificial tree on the market.
The Christmas Tree Hugger is an excellent product that is super easy to use and promotes the green Christmas concept.
It would motivate more people to purchase artificial trees as this helps give it a more realistic look.
The product is also a fun alternative for kids, as both colors have a candy cane pattern on the backside. The Christmas Tree Hugger is priced at $17.95.
What Was The Outcome Of The Christmas Tree Hugger Pitch On Shark Tank?
The Christmas Tree Hugger is a product designed to make decorating Christmas trees easier. It is a sleeve that looks like bark or candy canes and fits around the base of artificial Christmas trees, making them look more realistic.
Ryan Kenny, the founder of The Christmas Tree Hugger, appeared on Shark Tank in December 2017, seeking a $100,000 investment for 20% equity in his business.
However, none of the sharks made an offer, with several of them sharing negative feedback towards the product and not believing that it was solving a major issue that was apparent during the holiday season.
Despite not receiving any investments from the sharks, the episode led to a huge increase in sales for The Christmas Tree Hugger.
The company was valued at $500,000 during and after the pitch on Shark Tank USA in December 2018. Since then, it has been in operation and potentially increased its net worth.
The Christmas Tree Hugger is now known as easy to install with great customer care backed by real people, and it is a trusted brand name and customer favorite.
The company is sold at retail stores such as Home Depot and Walmart. As of 2022, Ryan Kenny, the founder of The Christmas Tree Hugger, has a net worth of 2.5 million USD.
Did The Christmas Tree Hugger Get A Deal On Shark Tank?
During the 2017 “Shark Tank Holiday Special,” Ryan Kenny pitched his product, the Christmas Tree Hugger, seeking $100,000 for 20% of his business.
The Christmas Tree Hugger is a sleeve that looks like bark or candy canes and fits around the base of artificial Christmas trees, making them look more realistic.
However, none of the sharks made an offer, and several of them shared their negative feedback towards the product, stating that it did not solve a major issue that was apparent during the holiday season.
Despite not receiving a deal on Shark Tank, Ryan Kenny has managed to keep his company in business all the way through 2022.
Every Christmas season has been fairly successful as the Christmas Tree Hugger continues to generate about half a million dollars in sales every holiday season. Customers can buy the product from a few different retail stores, including Home Depot and Walmart.
What Is The Current Net Worth Of Christmas Tree Hugger?
As of 2022, the founder of The Christmas Tree Hugger, Ryan Kenny, has a net worth of 2.5 million USD. The company was valued at $500,000 during and after the pitch on Shark Tank USA in December 2018.
The Christmas Tree Hugger is a product designed to make decorating Christmas trees easier. It comes in two colors and is sold at retail stores such as Home Depot and Walmart.
Despite not receiving any investments from the Sharks on Shark Tank, the episode led to a huge increase in sales for The Christmas Tree Hugger.
In the previous year, The Christmas Tree Hugger had gross sales of $12,000. The entrepreneur predicts gross sales of $220,000 in the current year with $110,000 in profit.
The company sold 1,500 units of product to the grocery chain Kroger to resell in 130 stores at a wholesale price of $6 per unit.
According to the entrepreneur, Kroger moved 40% of their stock and does not intend to re-order.
Is Christmas Tree Hugger still in business?
Yes, it is still operating and available for purchase.
Where is Christmas Tree Hugger located?
According to the company’s website, Christmas Tree Hugger is located in Indiana and ships from there.
What is Christmas Tree Hugger website?
The Christmas Tree Hugger website is http://TheChristmasTreeHugger.com/
Which episode was Christmas Tree Hugger was aired on Shark Tank?
It was aired on October 29, 2017 in episode 910 on the 2017 “Shark Tank Holiday Special,” which was titled “Things That Go Bump in the Night.
How can I buy Christmas Tree Hugger?
They’re available on Amazon if customers don’t want to wait for them to be stocked in stores. They can also purchase them directly from their website.
How much is Christmas Tree Hugger?
It’s $17.95 for one and $20.95 for two.
Where Can I see Christmas Tree Hugger in action?
Customers can view Christmas Tree Hugger YouTube Channel.
Where can I get Christmas Tree Hugger?
The product is widely available for purchase at Wal-Mart and Home Depot, as well as on Amazon. Customers can get them in their local Wal-Mart and Home Depot stores in the winter season from October to April or year round from May through September.
How long will Christmas Tree Hugger Last?
It’s expected that it will last for several more years.
Is Christmas Tree Hugger shipping?
It’s available for shipping from their website and is capable of being shipped in a flat rate box.
Does Christmas Tree Hugger have a warrant?
Yes, it does have a 1 year warrant from the day of purchase.
Can Christmas Tree Hugger be cut?
It’s not recommended that anyone cuts the Christmas Tree Hugger. They’re designed to fit around any tree and are exceptionally stretchable, flexible, and bendable.
What is the dimension of Christmas Tree Hugger?
The box dimensions are 12 inches long by 12 inches wide by 2 inches tall. It has a green label on its side with pictures of dark bark and birch bark on it.
What is the return policy of Christmas Tree Hugger?
The return policy is simple; the company accepts returns for any reason with a receipt within 60 days of purchase.
What is Christmas Tree Hugger made of?
It’s made of polypropylene plastic.
What is the net worth of Ryan Kenny?
Ryan Kenny’s net worth is estimated to be $1.5 million.
