Little Nomad Net Worth
During and after the Shark Tank pitch, Little Nomad was valued at $533,333. Despite not receiving a deal from any of the Sharks, the company continued to thrive and sell its products.
After rebranding the company to The House of NOA in October 2019, they introduced several new products, including the NamaMat for the kitchen, a portable high chair mat, an exercise mat, and table/placemats. In 2021, they also introduced washable rugs.
Thanks to their innovative and stylish products, The House of NOA has been very successful in sales, with an annual revenue of $4.5 million in 2021. This significant increase in revenue justifies that the company’s net worth has elevated considerably over the years.
What is Little Nomad and Who is the founder of Little Nomad?
Little Nomad is a play mat for children that can be easily connected and stored like a jigsaw puzzle. It is available in various artistic and colorful designs and is made of foam, measuring about 0.47 inches thick.
The mat comes in two sizes: Large (33.5″ x 26.5″) and Mini (17.75″ x 11″). It is completely waterproof and can be easily cleaned, making it a convenient play surface for children.
Elizabeth Granados is the founder of Little Nomad. She has a Bachelor of Science in Marketing from Emerson College and previously worked as a New Business Development Manager for a picture kiosk company before launching Little Nomad in 2016.
Granados wanted to design interlocking foam mats that were both functional and attractive in her home. She recognized the usefulness of foam mats for children’s play or exercise but didn’t like the bright and eye-catching colors that most foam mats come in.
Little Nomad mats are designed to look like “real” carpets, making them suitable for leaving out after the child goes to bed. They can also be used as workout mats for parents. In June 2016, Little Nomad completed a successful Kickstarter campaign and began delivering its products in November of that year.
little Nomad, a company that had a successful Kickstarter campaign in June 2016, was featured on Shark Tank in season 8 episode 15. Elizabeth, the founder of Little Nomad, pitched her product to the Sharks seeking $80,000 in exchange for a 15% stake in her company, which was valued at $533,333.
During the pitch, Elizabeth demonstrated the functionality and style of her children’s play mats, which were designed to resemble real carpets and made of interlocking foam pieces. Despite pre-selling $114,000 in mats during the Kickstarter campaign, the Sharks ultimately passed on the deal.
However, after the show aired, Little Nomad sold out of all their inventory and has been keeping up with demand ever since.
The company has rebranded to The House of NOA and continues to expand its product line, including introducing the NamaMat for the kitchen in 2019, portable high chair mats, exercise mats, table/place mats, and washable rugs.
The company has yearly revenue of less than $5 million as of November 2021 and continues to sell well on Amazon.
Competitors of Little Nomad
The major competitors of Little Nomad are; Adobe Typekit, GoDaddy Web Hosting, Klaviyo, and Cloudflare.
Net Worth of Little Nomad
The company was valued at $533,333 during and after the pitch, since then the company has been doing well in sales after rebranding the name with annual revenue of $4.5 million in 2021. This justifies that the company’s net worth has elevated.
Little Nomad FAQs
What is Little Nomad?
Little Nomad is a children’s play mat that connects like a jigsaw piece for convenient application and storage.
It is available in a variety of artistic and colorful design patterns. It’s made of foam and is about 0.47 inches thick. It’s also quite easy to clean.
Who is the founder?
Elizabeth Granados is the founder of Little Nomad. Elizabeth earned a Bachelor of Science in Marketing from Emerson College and worked as a New Business Development Manager for a picture kiosk firm before launching her own in 2016. She is still the CEO of the company today.
How much was asking on Shark Tank?
Elizabeth was asking for $80,000 for 15% of the company.
Did she have the deal?
No, she did not have the deal with Sharks.
Is Little Nomad still in business?
Yes, it is still in business.
When will my order be shipped?
All orders in the lower 48 United States are sent through FedEx Home or Ground. Due to an unexpected rise in orders recently, their order may be delayed by a few days. When their order ships, they’ll email customer an update with their tracking number so they can track it until it arrives.
Will all of the products I bought arrive in a single package?
Their order may arrive in many parcels. As their item is processed, customers will receive shipping and tracking information.
Is my order going to arrive in time for Christmas?
Please keep in mind that any items available for pre-order will include the estimated dispatch date on. Order before 12/14 at 2 p.m. EST to assure delivery before Christmas. Only purchases sent by 12/14 2PM EST will arrive in time for Christmas.
Do you provide express shipping?
Due to the excessive expenses of $150+, we do not presently provide expedited delivery. Orders from Alaska, Hawaii, and Puerto Rico are shipped by USPS Priority Mail and may take a few extra business days to arrive.
Do you provide international shipping?
They are currently only shipping to the United States.
How much do you charge for shipping?
They offer free delivery to the lower 48 states on all orders $89 or more! Orders under $89 are sent to the lower 48 states for a fixed charge of $8.95. Orders to Alaska, Hawaii, and Puerto Rico are subject to extra shipping charges.
Do you ship to Post Office Boxes or APO/FPO addresses?
At this time, we are unable to ship to PO Boxes or APO addresses.
What are the cleaning procedures?
As with any infant product, they recommend thoroughly cleaning the printed surface of our play mat before the first usage.
While the mat is still attached, gently clean the tiles with a damp towel or the scrubby side of a sponge dipped in gentle soap and water, then fully dry those with a dry towel dipped in mild soap or dish detergent. Avoid using abrasive or strong detergents.
After washing the floor beneath the play mat, make sure to dry it thoroughly before repositioning the mat. Moisture may become trapped beneath your play mat and fail to dry. Prolonged exposure to moisture or fluids trapped beneath your mat may result in mold or mildew, which can harm some types of flooring surfaces.
Are your play mats resistant to liquids and water?
Yes, their tiles fit together tightly and are resistant to liquids. Spills may be easily wiped up with a dry towel thanks to the smooth printed surface.
Is it okay if I have dogs on your play mats?
Pets have received conflicting evaluations, and it depends depend on their size and breed. Sharp pet claws should be avoided since they can harm the printed surface.
Is it okay if I use a vacuum cleaner on the play mats?
Please exercise caution since vacuum cleaners vary in suction force and may cause harm to the mats if the suction power is too strong.
What are the cleaning procedures?
Spot clean the rug with mild laundry detergent, water, and a sponge with a scrubby side. Remove the four Velcro corners from the grippers before placing them in the washing machine. To remove the floor grippers, carefully pull back from one end and wash with water.
Allow to dry before reapplying! Rug should be washed in cold water on a moderate cycle. DO NOT PUT IN DRYER; instead, lay flat to dry. Never use strong chemicals such as bleach and only use mild detergent.
What is the net worth of Elizabeth Granados?
Elizabeth Granados net worth is unknown.
