EcoMowers Shark Tank Net Worth 2023
Before seeking investment from Shark Tank, the company had an estimated net worth of $450,000. However, their current net worth is not known as the company has gone out of business and is no longer generating any revenue.
This could be due to a variety of reasons including poor management or lack of demand for its offerings. Regardless, it is unfortunate that they were unable to capitalize on the potential investment given by the Sharks and have since ceased operations.
What Is EcoMowers? Who Was The Founder Of EcoMowers?
EcoMowers are lawn care tools that are designed to be environmentally friendly and to revolutionize the way people approach lawn maintenance.
Compared to conventional mowers, EcoMowers have several advantages: they do not require frequent sharpening, are less prone to getting dirty, and produce less noise, thereby reducing pollution and the risk of injury.
The founder of EcoMowers, Andy Humphrey, established the company in 2006, building upon his previous experience in creating push mowers. Humphrey has a diverse background in sales management, landscape design, podcasting, and irrigation technology consulting.
Currently, he manages multiple businesses, including Sprinkler Supply Store, which offers irrigation services on a local and large scale. This store was established with the intention of providing a more environmentally friendly alternative to traditional mowers.
Andry Humphrey founded EcoMowers to expand his business of push mowers. He has a varied work experience that includes working as a sales manager, landscape designer, irrigation technology consultant, and podcaster.
Apart from EcoMowers, he also manages several other businesses, including Sprinkler Supply Store, which offers irrigation services both locally and on a large scale.
Andry designed the EcoMower with the aim of making it easy to push, requiring less sharpening, and being more environmentally friendly. He also invented the Tree Guard Bag, which is a great option for storing Christmas trees. Additionally, he hosts the Sprinkler Nerd Show.
What Happened to EcoMowers at Shark Tank Pitch?
Humphrey is the owner of a flourishing online enterprise that specializes in selling lawn equipment, which includes reel mowers. He recently offered a 20% ownership share in his company for a sum of $90,000.
Sadly, the potential investors who attended his presentation declined to invest, citing their belief that the product did not have a significant demand in the market. Consequently, the deal failed to materialize.
What Happened to EcoMowers after Shark Tank?
Humphrey remained calm and undisturbed despite not achieving the level of success he had aimed for during his appearance on Shark Tank.
He had introduced the Helix EcoMower through his company, which still had a presence on Amazon. However, currently, the product is not available for purchase.
Additionally, his website and social media accounts have been inactive since 2011, indicating that the company may have ceased operations as the website is no longer functional. It is worth noting that Amazon now runs The Sprinkler Supply Store, although it is unclear if it is related to Humphrey’s company.
The EcoMowers faced competition from Ybravo.com, Joe’s Lawn and Garden, Marks Outdoor Power Equipment, and Midwest Power Equipment.
Net worth of EcoMowers
Before seeking investment from Shark Tank, the company’s estimated net worth was $450,000.
As of 2021, the current net worth of the company is not available as the company has gone out of business and is no longer generating revenue.
EcoMowers Shark Tank FAQs
What is EcoMowers?
EcoMowers are ecologically friendly lawn care products that were designed to revolutionize mowing.
Traditional mowing machines require sharpening, become filthy, and generate a lot of noise, resulting in pollution and injury.
Who was the Founder of EcoMowers?
EcoMowers was established by Andy Humphrey to diversify his push mower firm. He formerly worked as a sales manager, landscape designer, podcaster, and consultant on irrigation technology.
Who owns EcoMowers?
The business is owned by Andry Humphrey.
What happened as Shark Tank pitch?
Humphrey was seeking $90,000 for exchange of 20%equity share for his company.
Did EcoMowers have an investment?
No, Humphrey did not get any investments from Shark Tank.
Is EcoMowers still in business?
The company is out of Business after failed to get an investment from Shark Tank.
What’s the way to contact EcoMowers?
The best way to contact with EcoMowers is to use their Facebook page or twitter account for support and queries.
How did the company started?
The company was established in 2006 after a long time research by Andry Humphrey.
Are there any EcoMowers for sale?
There are no EcoMowers for sale at this time however you can still purchase a Helix EcoMowers from Amazon.
Which episode does EcoMowers was in Shark Tank?
Episode 7 seasons 2
Who was the partner of EcoMowers?
EcoMowers does not have any partner.
Is EcoMowers available in the internet?
Yes, the company is available online and you can get it from amazon.com.
Is EcoMowers available on Facebook?
Yes, the company is on Facebook and you can get it from Facebook page of EcoMowers.
Is EcoMowers available on Twitter?
Yes, the company is on twitter and you can get it from Twitter account of EcoMowers.
Why Humphrey did was interested in Shark Tank?
Humphrey was interested in Shark Tank because he wanted to broaden his push mower business beyond his hometown.
What did they do next after their failure?
After their failure, EcoMowers sold their invention rights.
Did Andry Humphrey have venture?
Yes, Andry Humphrey had a venture capital firm, The Farming Company.
Is EcoMowers good or bad?
EcoMowers is good because it helps to save the Earth.
Where can I buy EcoMowers?
One can buy EcoMowers from their website which is available in the internet. Customer can also purchase them from Amazon.com.
How was the business model of EcoMowers?
The business model of EcoMowers was very simple. The company sold grass-cutting equipment that are environmentally friendly, easy to handle, and are less noisy.
Why is EcoMowers very popular?
The reason why EcoMowers are very popular is because they are environmentally friendly, cut the grass in an eco-friendly way, generate less noise and do not require frequent sharpening.
Why is EcoMowers a bad business?
Yes, because Humphrey made a mistake by going to Shark Tank without any previous product distribution.
The company was not able to take off as Humphrey expected after the airing of Shark Tank.
Therefore, he has been working as a consultant now and has made it his mission to spread environmentally friendly lawn care.
How did EcoMowers make their money?
The company’s main source of income generation was through the sale of grass cutting equipment, including lawn mowers.
Because EcoMowers are ecologically friendly, they are eco-friendly to the environment, helping to reduce pollution.
What is weakness of EcoMowers?
The weakness of EcoMowers is that their mowers are not widely available in the retail markets.
What is EcoMowers gross profit margin?
The gross profit margin of EcoMowers is approximately 30%.
Is there any plan for EcoMowers to review or update?
Yes, there is a plan for EcoMowers to review and update.
What is marketing strategy of EcoMowers?
Marketing strategy of EcoMowers is that eco-friendly lawn mower is the future and will help to reduce pollution and will appeal to environmentally-concerned customers, offering them an eco-friendly, less expensive alternative to gasoline mowers.
What is the market potential of EcoMowers?
The market potential of EcoMowers is huge. It can become very popular because of its eco-friendly lawn mowers that are good and easy to use and less noisy.
What is the cost/profit of EcoMowers?
The cost/profit ratio of EcoMowers at this time is not known. However, it is known that grass cutting equipment for lawn mower sold by EcoMowers benefit to their environment.
Is there any opportunity for EcoMowers?
Yes, EcoMowers has a lot of opportunity for growth and development. There is a huge demand for its products and because of increasing environmental concern and increasing interest in green technology and conservation.
What was the total cost of EcoMowers?
There is no total cost for this business at this time because there is no revenue generation from the company.
Who invented EcoMower?
Andy invented the EcoMower, an eco-friendly push mower that pushed easier than other push mowers and didn’t require blade sharpening.
What is Humphrey’s request?
Humphrey is asking $90,000 for a 20% stake in his firm.
How did Andy feel about the typical lawn mower?
He maintained that this old-fashioned lawnmower was ugly, heavy, and noisy.
Andy Humphrey’s first pitch was what?
Andy Humphrey brought his Ecomowers to episode 206 in the hopes of persuading the Sharks to take a chance on his eco-friendly lawn care equipment.
He introduced himself and stated that he would want $90,000 in exchange for 20% of the Eco mowers.
He then displayed the regular lawn mower that he had brought with him to contrast the Eco mower.
What is the issue with Ecomower?
Reel lawnmowers aren’t anything new, and Humphrey’s enhancement on an existing product isn’t enough to make it a viable business.
The Ecomowers also do not have enough market value to pique the curiosity of investors.
What exactly is the distinction between a reel mower and an Eco-mower?
According to Humphrey, the only advantage of Ecomowers over traditional reel mowers is that the blades do not need to be sharpened.
Andy remarked that the EcoMower, which does not use gas or batteries, was the most environmentally responsible option.
What exactly is EcoMowers?
EcoMowers are ecologically friendly lawn care products that were designed to revolutionize mowing.
Is Ecomowers still running?
EcoMower operations appears to have discontinued, since the company website and social media handles have not been updated.
The product is curreently available on Amazon, and his website still lists the Helix Ecomowers as one of his product offers, however his social media accounts have not been updated since 2011.
Why didn’t the EcoMower sell?
Ultimately, investors could not risk investing in a new company without sales, which was the final straw for this idea.