Proof Eyewear Sunglasses Shark Tank Net Worth
Proof Eyewear appeared on Shark Tank and was valued at $1.5 million. Since then, the company has opened a flagship store in Boise, Idaho, and expanded to over 20 countries.
As of 2022, the business is estimated to be worth about $7.5 million, with an annual revenue of $6 million.
What is Proof Eyewear and Who Founded Proof Eyewear?
Proof Eyewear is a company that creates sunglasses and optical frames from sustainable materials such as wood and recycled aluminum. They offer a wide range of frame designs, including classic shapes and unique styles to fit any look.
The Wood Collection of sunglasses is crafted from high-quality woods like bamboo, ebony, mahogany, lacewood, and zebra wood.
Proof Eyewear operates from its Proof Flagship Store in downtown Boise, Idaho, and its products are available for purchase online and in stores globally.
The company was established in 2010 by three brothers, Tanner, Brooks, and Taylor Dame, who were inspired by their grandfather’s sawmill and their childhood experiences working and traveling in Idaho.
Brooks came up with the idea of creating eco-friendly wood products that could give back, which eventually led to the founding of Proof Eyewear.
Proof Eyewear is committed to sustainability and giving back to the community. Their bird logo symbolizes the idea that everyone has wings to fly and just needs a little help. The company has a global citizenship mentality and supports various charitable causes that have made a positive impact in Idaho and around the world.
Proof Eyewear appeared on Shark Tank during Season 4 Episode 17b and was seeking a $150,000 investment for 10% equity.
While the company did not receive an investment in the show, they have since grown and expanded worldwide, becoming a pioneer in eco-friendly eyewear.
Proof Eyewear after the Shark Tank
Proof Eyewear appeared on Shark Tank seeking $150,000 for 10% equity, with an estimated company valuation of $1.5 million. However, the Dame Brothers declined all offers from the Sharks as they believed their company was worth more and they did not want to give up a large percentage of it.
Despite not securing a deal, the company received a sales boost after being featured on Shark Tank.
Proof Eyewear continues to use sustainable materials such as wood and plant-based polymers in its collection of sunglasses and designer frames, inspired by the brothers’ years of working at their grandfather’s sawmill in Fruitland, Idaho.
The company remains successful and continues to operate with a commitment to sustainability and ethical business practices.
Proof Eyewear Sunglasses Shark Tank Updates
Proof Eyewear is a sustainable eyewear company that appeared on Shark Tank in episode 417. The three brothers behind Proof Eyewear, Brooks, Taylor, and Tanner Dame, pitched their eco-friendly eyewear made from plant-based plastics, recycled skateboard decks, and wood.
They were seeking an investment of $150,000 in exchange for a 10% equity in their company. The Sharks were impressed with the brothers’ personalized sunglasses and their sales of $433,000 worth of eyewear in twelve months since its inception1. However, no deal was made between Proof Eyewear and the Sharks.
Despite not landing a deal on the show, Proof Eyewear has continued to grow its business. Following their Shark Tank appearance, their sales went up to $1.4 million, which is more than three times what they were making before the show.
Proof Eyewear has expanded internationally since appearing on Shark Tank and has introduced new designs such as The New Meadows, an oversized women’s cat-eye sunglasses frame.
The company’s eco-friendly frame collection has also expanded to include recycled plastics and discarded skateboard decks. As of 2022, the net worth of Proof Eyewear was $6 million.
Proof Eyewear Sunglasses Shark Tank Table Summary:
INFORMATION | SUMMARY |
Company | Proof Eyewear Sunglasses |
Founded By | Brooks, Tanner, and Taylor Dame |
Year Established | 2010 |
Valuation on Shark Tank | $1.5 million |
Annual Revenue (2022) | $6 million |
Estimated Net Worth (2022) | $7.5 million |
Products | Sunglasses and optical frames made from sustainable materials |
Materials Used | Wood, recycled aluminum, biodegradable cotton-based acetate, and plant-based plastics |
Flagship Store Location | Boise, Idaho |
International Presence | Products available in over 20 countries |
Charitable Causes Supported | Providing sight-saving cataract surgeries in India |
Shark Tank Outcome | No deal made, but sales went up to $1.4 million following appearance |
Updates | Expanded internationally, introduced new designs, worth $6 million as of 2022 |
Proof Eyewear FAQs
What Is Proof Eyewear Sunglasses And How Does It Work?
Proof Eyewear is an eyewear company that offers a wide selection of sunglasses and optical frames handcrafted from sustainable wood, biodegradable cotton-based acetate, and reclaimed aluminum.
The company was founded by the Dame brothers, Taylor, Brooks, and Tanner, in 20103. The brothers have a strong background in woodworking, and their grandfather owned a sawmill.
The company’s frames are made of sustainable materials, including plant-based plastics, recycled skateboard decks, and wood.
Proof Eyewear is committed to doing good in the world through its social business model. The company donates a portion of the proceeds from each sale to a charity in India that provides sight-saving cataract surgeries to those in need. Recently, Proof Eyewear opened a clinic in India that provides free cataract surgery.
Proof Eyewear offers a variety of products that are not only environmentally friendly but also unique and original.
The company’s frames are available online and at over 70 stores in 27 states and 40 international locations. The company’s annual revenues reached $6 million by 2022, and it was worth an estimated $7.5 million23.
What Materials Are Used To Make Proof Eyewear Sunglasses?
Proof Eyewear sunglasses are made from sustainable materials such as wood, biodegradable cotton-based acetate, and recycled aluminum.
The frames are handcrafted and 100% one-of-a-kind, with stainless steel spring-loaded hinges to allow a range of face shapes and sizes to get the perfect fit.
Most of the sunwear lenses have 100% UVA/UVB protection, and all of the optical frames come with clear lenses that can be easily switched out for prescription lenses. The company offers a wide selection of sunglasses and optical frames in 18 styles with a variety of color choices.
Proof Eyewear’s frames are crafted from real wood and plant-based acetate materials. The company also uses recycled skateboard decks to make some of its frames. Overall, Proof Eyewear prides itself on creating the most sustainable and eco-friendly sunglasses on the market.
Where the idea of wooden frames did came from?
The brothers come from a family of woodworkers: their grandpa managed a prosperous sawmill for 60 years, and the Dames claim to “have sawdust in their blood.”
Proof Eyewear frames are made of genuine wood and plant-based acetate and are available in 18 different color combinations.
What Was The Outcome Of The Proof Eyewear Sunglasses Shark Tank Pitch?
Proof Eyewear appeared on Season 4, Episode 17 of Shark Tank in 2013, pitching their idea to create fashionable eyewear out of sustainable woods.
The brothers were looking for a modest investment of $150,000 for 10% equity. Although they received offers from two Sharks, Kevin O’Leary and Robert Herjavec, they rejected both deals.
Despite not receiving any investment from the Sharks, Proof Eyewear’s sales reportedly jumped to $1.4 million after appearing on the show.
Proof Eyewear has continued to grow and expand since its appearance on Shark Tank. By 2022, the company was worth an estimated $7.5 million, with annual revenues reaching $6 million.
They have expanded their product line to include glasses made out of acetate, aluminum, plant-based plastics, and other eco-friendly materials, as well as canteens, wooden wallets, drink coozies, and apparel. Proof Eyewear has also opened a flagship store in Boise, Idaho.
In conclusion, Proof Eyewear did not receive any investment from the Sharks on Shark Tank, but their appearance on the show helped to boost their sales and increase their brand recognition.
The company has continued to grow and expand, offering a wide variety of eco-friendly glasses and other products. As of 2022, Proof Eyewear was worth an estimated $7.5 million, with annual revenues reaching $6 million.
What Happened To Proof Eyewear After Shark Tank?
Proof Eyewear did not land a deal on Shark Tank, but their sales reportedly jumped to $1.4 million following their appearance on the show.
The company has continued to grow since then, with an estimated net worth of $7.5 million in 2022 and annual revenues of $6 million. Proof Eyewear has also opened a flagship store in Boise, Idaho since their Shark Tank appearance.
The company offers a wide selection of sustainable eyeglasses and sunglasses made from wood, acetate, and aluminum on its website.
What kind of lenses are available?
All designs are available with UV-protected plastic lenses, and many may accommodate prescription lenses.
What’s the deal?
The brothers decline the offer and exit the Shark Tank without a deal.
What became of Proof after shark tank?
Proof Eyewear’s sales have increased more than thrice since appearing on Shark Tank, reaching $1.4 million, with estimates of $2.5 million for 2014.
What eco-friendly materials are utilized in your frames?
Proof has expanded its eco-friendly frame collection, which now includes recycled plastics and discarded skateboard decks.
How did you get your start?
Brookes founded Proof in his garage a little more than a year ago, and as the brand grew in popularity, more renowned individuals began to wear it, and it was featured on multiple magazine covers across the world.
What is the future of Proof?
This simply goes to prove that the Dame brothers are poised to take Proof from an Idaho firm to an industry-wide market with enough hard work, devotion, and ingenuity.
The firm sells glasses frames made of plant-based polymers, recycled skateboard decks, and wood.
What are the Dame Brothers’ social responsibilities?
The Dame Brothers are so concerned about eyesight that a portion of the revenues from their sales is donated to a nonprofit organization in India that offers eye treatment to the poor.
What are the environmental challenges associated with the timber industry?
They are also concerned about the environment, making every effort to recycle things that might otherwise pollute and damage Mother Earth.
Who are the Proof creators?
Proof Eyewear was created by the Dame brothers, Taylor, Brooks, and Tanner, who all have a background in woodworking.
What are the various products?
Proof Eyewear is still in business today, and it has expanded its product line to include add-ons for select orders.
How do you want to expand the company?
The brothers intend to continue building the firm on their own, without the involvement of outside investors who might want to guide the company on a different path.
Where can I buy proof eyewears?
Proof Eyewear is available on Amazon. You can also order on the Proof website.
What exactly is their mission?
Proof gives back on a local level by collaborating with companies and charities to provide time and resources to neighborhood needs.
Every frame purchased aids the Do Good program, which funds local and worldwide humanitarian projects.
What is the origin of Proof?
Proof Eyewear was formed in 2010 in Idaho by three brothers, Tanner, Brooks, and Taylor, but its roots can be traced back to 1954, when their grandpa, Bud Dame, established a sawmill.
What are the items accessible at Proof?
Proof Eyewear’s most known items are the Wood Collection’s sunglasses and optical frames.
What is the brand’s philosophy?
Proof Eyewear’s enthusiasm for sustainability and ethical behavior has been engrained since day one – which is why the company’s name and the brand’s concept – “PROOF” that goods can be beneficial for the Earth and embraces the idea of becoming global citizens by doing well throughout the world.
What is the Proof logo?
The bird logo symbolizes the concept that “everyone has wings to fly; some only need a little help.” Proof’s attempts to assist others have had an impact on individuals from Idaho to the other side of the planet.
Is Proof Eyewear still in business? What is the growth strategy?
Proof has grown and expanded, going from garage to worldwide in a matter of years and becoming pioneers in ecological eyewear.