EZPZ Shark Tank Net Worth 2023| EZPZ Shark Tank Pitch Update
EZPZ Net Worth
The EZPZ net worth is currently estimated to be $20 million, as of February 2023. This valuation was set when Lindsey Laurain pitched the company on Shark Tank in 2017.
Lindsey Laurain has a net worth of $1.8 million as of 2022. The company has likely seen growth since then.
What is EZPZ and Who founded EZPZ?
EZPZ is a company that offers silicone placemats and plates in various colors with or without sections that can be suctioned to a table for infants and toddlers.
The company also sells silicone spoons, forks, and cups for young children. The use of silicone allows for mess-free self-eating as it is soft and flexible for use in the mouth.
The idea for EZPZ came from Lindsey Laurain, a mother of three toddlers who found mealtime to be a nightmare due to the mess it created.
She searched for a solution but was surprised to find that there was nothing available to address the issue. She decided to create her own product to help not only herself but millions of other mothers in similar situations.
Starting her business in boutiques, Lindsey Laurain has now become a multi-millionaire and is the founder of EZPZ.
EZPZ Shark Tank Pitch
In 2014, Lindsey Laurain successfully raised over $35,000 on Kickstarter to produce her product, the EZPZ No Mess Happy Mat.
After a Shark Tank pitch, in which she sought $1 million for 5% of her company, Laurain received an offer from Kevin O’Leary for $1 million in exchange for 5% of her sales next year, with the caveat that if she doesn’t make $10 million in sales, he gets 20%.
Despite some backlash for being unprepared, Laurain was able to partner with major retailers like buybuyBaby, Target, Nordstrom, Bed Bath & Beyond, and Crate and Kids, as well as sell on Amazon.
By the end of 2017, the company had met its sales target of $10 million and was valued at $20 million in May 2021. The product is BPA, PVC, lead, and phthalate-free and is CPSIA-certified, FDA-approved, and microwave and dishwasher-safe.
EZPZ sells a placemat and plate made of silicone that can be ordered with or without sections and has suction to prevent messes. Lindsey Laurain is the founder of EZPZ.
EZPZ Net Worth
EZPZ net worth is $20 million as of May 2021.
EZPZ competitors
The Happy Mat is a global brand. There are similar products available on the market, but the firm stands out as one of the most successful.
EZPZ FAQS
Who is the Founder of EZPZ?
Lindsey Laurain, is founder of EZPZ.
Is EZPZ Still in Business?
Yes. EZPZ is still in business.
How much did EZPZ make in Kickstarter?
EZPZ, raised $35,000 through Kickstarter.
Why did EZPZ founder go on Shark Tank?
The founder of EZPZ went on Shark Tank to find investors for EZPZ.
Do EZPZ mats really suction to the table?
Yes! As long as air can’t get underneath the mat, all EZPZ mats are self-sealing and cannot be
released by pulling on the plate or bowl.
What material are EZPZ products made out of?
EZPZ products are made from 100% food-grade silicone that is 3rd-party quality tested (FDA
Approved and CPSC certified).
Is EZPZ is the original inventor of these products?
Yes, they are! All of our patented products are made from high quality, food-grade silicone
that suctions directly to the table.
Can they put EZPZ products in the microwave, oven, or dishwasher?
All of our silicone products are safe to use in the microwave.
They are oven safe, too (up to 350 degrees).
They are also dishwasher safe, though we have found that rinsing with warm soapy water works just as well (if not better).
What is the best way to store EZPZ products?
EZPZ products allow for smarter storage! Mats fit in most kitchen cupboards or you can stack in a utensil drawer.
No more mismatched bowls and plates.