EZPZ Shark Tank Update | EZPZ after Shark Tank Pitch
What is EZPZ?
EZPZ sells a colourful placemat and plate that may be ordered with or without sections. These suctions on a table for new-borns and toddlers are composed of silicon.
This encourages mess-free self-eating. Silicone spoons, forks, and cups for infants and toddlers are also available.
Silicon is a soft and flexible material that may be used in the mouth.
Mealtime was a nightmare for Lindsey Laurain, a mother of three toddlers.
It took a long time to clear up a big mess.
She was certain that there had to be a better method to feed children.
Lindsey began investigating the topic and was shocked to discover that there was nothing she could buy to address the situation.
She made the decision to create her own required product while also assisting millions of mothers.
She began her career in boutiques and is now a multi-millionaire.
Who founded EZPZ?
Lindsey Laurain is the founder of EZPZ.
What happen to EZPZ at the Shark Tank pitch?
In the fall of 2014, Lindsey Laurain, a Kickstarter “momtrepreneur,” quadrupled her $35,000 funding target to put the EZPZ No Mess Happy Mat into production.
In a Shark Tank episode, she pitches her firm to the sharks.
BPA, PVC, lead, and phthalate-free, the mats are CPSIA certified, FDA approved, and BPA, PVC, lead, and phthalate-free.
The EZPZ is also microwave and dishwasher safe.
Lindsey was able to obtain the tools she needed for mass manufacturing and complete a large-scale production run thanks to the Kickstarter campaign.
The EZPZ, which was first released in early 2015, has a strong following and is already selling well on Amazon.
Laurain expects high demand as a result of her Shark Tank appearance and aims to release a “little mat” and a cup in 2016.
Lindsey comes in looking for $1 million in exchange for 5% of her company, and the Sharks laugh.
She inquires as to who has observed toddler mealtime and displays a video of her children acting slobbishly.
To overcome the problem, she designed Happy Mat.
The Happy Mat suctions to surfaces, completely changing the feeding business. She now has happy, tidy children in a new video.
She distributes samples.
Robert and Lori think it’s charming, and Barbara agrees. Lindsey creates it for $6, sells it for $24.95, and wholesales it for $12.50.
Kevin wants to know about sales, and Lindsey says she wanted to ask for five times as much! She has sold 85,000 pieces for $1.2 million.
She expects to make $30 million this year; it was the show’s smash, and an Australian distributor is ordering a container full every month.
She made $140,000 in profit and calculated the value by projecting out five years.
She’s met with German corporations interested in purchasing her.
Nordstrom and 200 shops carry the product.
Every store, she sells 500 mats per year.
Kevin claims he’s about to shred her!
Robert claims she lacks data and is all over the place.
He’s out because he requires actual data, not a tale.
Lori’s patent raises issues, so she’s out.
Kevin claims that as an investor, he bears all of the risk.
He offers $1 million in exchange for 5% of her sales next year; if she doesn’t make $10 million in sales, he gets 20%.
After a brief pause, Robert claims that Kevin is now placing all of the risk on her shoulders.
Mark claims that no matter what, he would never make a deal with her because he would go insane! Barbara asserts that she has faith in her.
She’ll make $1 million, but only at a cost of $250K every year if she meets her goals.
Kevin says he’ll assist with legal matters since it’ll be knocked off and he’ll defend it.
Robert pushes Lindsey to make a choice when Barbara indicates she’s considering modifying her offer.
She declares that she is ready to move on.
Robert claims Kevin gave her exactly what she requested and wonders why she said it if she didn’t mean it.
Barbara claims that her self-doubt helped her succeed since it always made her pause, and her judgement card helped her succeed.
Lindsey declines, claiming that the transaction didn’t seem right. Great entrepreneurs, according to Robert, thrive on paranoia.
EZPZ after Shark Tank Pitch
Lindsey received some backlash after the episode aired for being a “gold-digger” on Shark Tank and for being unprepared.
She began worldwide distribution of her product in Europe and continues to do so.
She partnered with buybuyBaby, Target, Nordstrom, Bed Bath & Beyond, and Crate and Kids for distribution.
She has an Amazon shop as well. By the end of 2017, the firm had met its sales target of $10 million. The corporation is worth $20 million as of May 2021.
EZPZ Net Worth
EZPZ net worth is $20 million as of May 2021.
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.
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.