Edn Wallgarden net Worth
EDN Smart Garden had a valuation of $1.5 million when it appeared on Shark Tank in 2022. Since then, its net worth has grown to more than $5 million.
EDN Wallgarden is a hydroponic growing system created by Ryan Woltz that allows people to grow fresh herbs, vegetables, and flowers.
What is Edn Wallgarden and Who Founded Edn Wallgarden?
Edn Wallgarden is a type of garden that can be grown on a wall without soil, using self-contained planters that utilize NASA technology to grow plants from seed to bloom.
The planter includes a water tank that releases the right amount of water for the plants and improved light spectrum LED lights to provide optimal growth conditions.
An associated app helps gardeners to control light and fertilizer flow. Edn Wallgarden also sells non-GMO seedlings for various herbs.
The company offers two sizes of planters: Smallgarden and Wallgarden, with the latter costing $499 and including bigger boxes and wall mounts. Each garden kit comes with seed starting pods, a water pitcher, a power adapter, a seed liner tray, a humidity dome, plant food, and Basil seeds.
Edn Wallgarden was founded by Ryan, a former civil engineer who had worked on railroads and road expansion but was looking for a new way to use his skills.
He developed a method for anyone to grow plants, regardless of their gardening experience. Ryan saw $10,000 in sales in the first five days after opening his firm to the public in 2014.
What happens to Edn Wallgarden at the Shark Tank Pitch? Edn Wallgarden after the Shark Tank Pitch
During his appearance on Shark Tank in season 8 episode 17, Ryan sought a $150,000 investment for a 10% stake in his company, valuing it at $1.5 million. He presented his product and demonstrated its capabilities, highlighting the software that controlled the entire growing process.
The Sharks questioned Ryan about the price and membership service, and while some were interested, others were not impressed. Ultimately, Kevin offered $150,000 for a 15% stake, but Lori made a counteroffer for 25%. This upset Kevin, and the negotiation fell apart.
Despite the disappointing outcome of the show, Edn Wallgarden continued to focus on marketing the small garden which is still available for purchase today.
The company is still operating as of May 20, 2021, and now offers a membership program that sends additional seed pods to customers when their previous order is ready for harvest.
Edn Wallgarden Net Worth
Since appearing on Shark Tank, the company’s net worth has increased to more than $5 million.
Edn Wallgarden Competitor
Verdissimo, Aero Garden, and AgriForest Bio-Technologies are among Edn Wallgarden’s main rivals.
Edn Wallgarden FAQS
What is Edn Wallgarden?
Edn Wallgarden is a dirt-free garden that is intended to be planted on a wall. The firm, Edntech, creates self-contained gardens that do not require sunshine, frequent watering, or soil tilling.
It “grows plants from seed to bloom” using “NASA technology.” One garden planter (32″ x 30″ x 8) may accommodate up to 21 plants, herbs, and/or flowers.
Who is the founder of Edn Wallgarden?
Ryan Woltz is the founder of the Company.
How much was he seeking in the Shark Tank?
Ryan came to Shark Tank looking for $150,000 for a 10% stake in his company.
Did he get the deal from the Shark Tank?
Ryan left the Shark Tank without a deal.
Is Edn Wallgarden still in business?
Following the broadcast, Edn concentrated on marketing the little garden. They are still available for purchase today.
The company is still in operation as of May 20, 2021. They now provide a membership option in which they mail new seed pods when their prior order is ready for harvesting.
Who are some competitors for Edn Wallgarden?
Verdissimo, Aero Garden, and AgriForest Bio-Technologies are among Edn Wallgarden’s main rivals.
How much does Edn Wallgarden cost?
The large unit was $499 and the tiny unit was $99.
What episode was Edn Wallgarden featured?
Ryan appeared on Shark Tank season 8 episode 17.
When was Edn Wallgarden on Shark Tank?
Edn was featured on February 17th, 2017
What happened to Edn after Shark Tank?
Edn Smart Garden is still going strong despite leaving Shark Tank without a contract. Edn raised an extra $1.535 million in fundraising in 2019, bringing the total amount raised to $1.6 million.
The Edn Smallgarden is now available for $199 on the Edn website.
How do they reset their EDN garden?
To conduct a factory reset, follow these steps:
Hold down the side button on their SmallGarden until it starts blinking red (about 10 seconds)
Release the button, then swiftly push it again.
Their notification light will then cycle through a few distinct blink patterns before finally flashing green.
How many plants can they grow at a time in the SmallGarden?
The SmallGarden can support up to 10 Seedpods at once.
Does the SmallGarden need any additional light?
They built the SmallGarden with modern LEDs that employ an increased light spectrum that is ideal for the growth of their plants. There is no need for sunshine or additional lighting.
What is the Edn app used for?
Their app will assist them in effortlessly setting up their SmallGarden, completely controlling its lighting, tracking their plants’ water levels, monitoring what they’re growing, showing them how to harvest their plants, ordering fresh Seedpods, and much more.
Where do they ship?
They presently ship to the United States, Puerto Rico, and the United States Virgin Islands. When sending to Hawaii, Alaska, Puerto Rico, and the US Virgin Islands, they may suffer extended delivery times.
What payment options do they offer?
All major credit cards, as well as Apple Pay, Google Pay, Shop Pay, Amazon Pay, and PayPal, are accepted.
What is net worth of Ryan Woltz?
Ryan Woltz’s net worth is unavailable.
