Katamco Toilet Timer Net Worth

What is Katamco Toilet Timer and Who is the founder of Katamco Toilet Timer?

The Katamco Toilet Timer is a unique product created by Adam Stephey, the founder of Katamco, a limited liability company based in Greater Bloomington, Illinois. This timer produces a sound called the “poo-castigator” in the toilet to discourage people from wasting time on the toilet.

Adam has always been a maker and designer, having started as a child playing with Lego blocks. He honed his skills by helping his grandfather build furniture when he was a teenager, and he taught himself 3D drafting.

Adam is a serial inventor, tinkerer, and entrepreneur who has created an app for recovering alcoholics, cleaning tools for video game consoles, and now the Toilet Timer.

His wife, Katie, suggested the idea after telling Adam that he spent too much time on the toilet browsing his phone. He designed a five-minute sand timer using a 3D printer to limit his toilet time.

The timer works like a traditional hourglass, with sand flowing from the top representing the person’s abdomen, and flowing down to the bottom representing the toilet. The timer comes in male and female versions.

Adam launched the company with a Kickstarter campaign in July 2017, which raised $23,868. The timer costs $14.99 each, and the book of poems called “When Dad Goes Poo” costs $19.99 and is now available on Amazon.

Katamco is Adam’s “parent business,” and he is likely to release more products in the future, given his expertise in 3D printing.

Katamco Toilet Timer Tank pitch

Adam and his wife decided to pitch their unique invention, the Katamco Toilet Timer, to Shark Tank investors to help their business succeed. During the pitch, they were seeking $200,000 for a 10% stake in their company, which was valued at $2 million.

The Sharks were not impressed with the pitch and rolled their eyes. Andy explained that the Toilet Timer was a gag gift, and they had a video of a gastroenterologist discussing the negative health effects of spending too much time in the bathroom.

Despite the skepticism from the Sharks, the Katamco Toilet Timer had great sales during the Christmas season of 2019, earning $250,000 in sales. Each timer costs less than $3 to make and retails for $14.95, with most sales coming from Amazon.

Lori loved the product but decided to pass on investing. Kevin also declined, feeling that the product was too expensive. Daymond wasn’t interested either. However, Mark was impressed and offered $200,000 for 20% equity in the company, which Andy accepted.

Although the deal with Mark fell through, the Katamco Toilet Timer continued to sell well, with over 5,000 units sold within a week of the intended show date.

The company still operates today, offering a variety of amusing designs with a sand timer. They also sell additional items such as children’s books and greeting cards as part of gift sets.

Adam Stephey, the founder, is still with the company, and the Katamco Toilet Timer is available on Amazon. As of November 2021, they had around $1 million in sales for the year.

Net Worth of Katamco Toilet Timer

The firm was valued at $2 million during the pitch, in 2021 the company has a net worth of $650,000.

Katamco Toilet Timer FAQs

What is Katamco Toilet Timer?

Katamco Toilet Timer is a one-of-a-kind timer that generates a “poo-castigator” sound in the toilet to make people feel like they’re wasting time.

Who is the founder of Katamco Toilet Timer?

Katamco, the limited liability company founded by Adam Stephey, is owned by him. He confesses that he has been a maker and designer since he was a child playing with Lego pieces.

How much were they asking on Shark Tank?

They were looking for $200,000 for a 10% stake in their company, which was valued at $2 million.

Did they get the deal?

Yes, they got a deal from Mark.

How much was the deal?

Mark offers $200,000 for 25% ownership of the business, but they never finalized.

Is Katamco Toilet Timer still in business?

Katamco Toilet Timer is still in business as of November of 2021. They’re running a successful website with various toilet accessories, including sand timers.

Does it work?

Yes, it works.

What is the price of Katamco Toilet Timer?

It cost $14.95 each and $19.99 for their book.

Is the Katamco Toilet Timer available in stores?

If customers want, they can go to their official website.

How is the business model of Katamco Toilet Timer?

Katamco Toilet Timer sells toilet accessories. They sell one timer for $14.99 and another for $19.99, which includes a tote bag, book, card, and a sand timer.

If a customer doesn’t want the pouch or wants more than one timer, he can purchase extra items separately for another $9.99 each.

Is Katamco Toilet Timer safe for investment?

The company has been successful, so it’s safe for investment.

Where does Katamco Toilet Timer source engine?

They source their printers from the United States and Canada.

Is Katamco Toilet Timer a profitable business?

As of November of 2021, the firm is running at a profit of $1 million in sales. They made that during the Christmas season of 2019 alone.

Does Katamco Toilet Timer accept PayPal?

Yes, they accept PayPal.

What is the warranty of Katamco Toilet Timer?

They offer a “30-day money back guarantee” and their product is covered by the “12-month manufacturer limited warranty.”

Is there any opportunity of Katamco Toilet Timer?

It’s a profitable business that is not dependent on the market, so there is an opportunity for investment.

Why was Katamco Toilet Timer rejected?

Katamco Toilet Timer was rejected by Daymond John for being too expensive for the potential return.

How many total copies does Katamco Toilet Timer make?

They sell around 5000 copies per week in 2021.

What are the total sales of Katamco?

They estimated that they made $1 million in the Christmas season of 2019 alone and have a net worth of $650,000 by the end of 2021.

What is the net worth of Adam Stephey?

The net worth of Adam Stephey is unknown.