Solemender Shark Tank Net Worth 2023
Solemender Shark Tank Net Worth.
Ehan and Vinay, the founders of a certain company, made an appearance on the fourth episode of the ninth season of Shark Tank, a popular television show that features entrepreneurs seeking investments from successful business people or “Sharks.”
During their appearance, Ehan and Vinay asked for $75,000 in exchange for a 10% ownership stake in their company.
This would imply a $750,000 Net Worth of the company based on the investment they were seeking.
What is Solemender? Who is the Founder of Solemender?
Solemender is a foot roller device that uses cold therapy to alleviate foot discomfort, particularly in severe conditions such as plantar fasciitis and rheumatoid arthritis. The device has a simple and effective design: a stainless steel roller is securely held in a base and kept cool in the freezer.
Using the Solemender is easy. The user can remove the metal roller and place it in the freezer for a few hours, or leave it overnight for the best results. Once chilled, they can place the device on a flat surface and put the chilled roller on the non-skid base.
The user can then move their feet back and forth over the roller while seated, with the device being compact and unobtrusive enough to be used under a desk at work.
The idea behind Solemender is that the motion of the frozen roller, combined with the cooling effect, can help alleviate foot pain. The product has been designed to be used on any flat surface.
Ehan Kamat from St. Louis, Missouri, is the founder of Solemender. He was inspired to create the device after observing his mother rolling her feet on a cold water bottle to relieve her plantar fasciitis discomfort.
Ehan envisioned a less messy way to apply this doctor-recommended treatment, so he invented a re-freezable roller with a non-skid base. Ehan and his father Vinay patented the device.
Ehan is a member of Independent Youth, a nationwide organization that empowers young entrepreneurs. He has also won several awards from local, national, and university organizations for his product. The Solemender can be easily found on the company’s website and on Amazon.
Solemender Shark Tank Pitch?
During their appearance on Shark Tank season 9 episode 4, Ehan and Vinay were seeking $75,000 in exchange for a 10% stake in their company, which valued Solemender at $750,000. The Sharks were unimpressed with the product and ultimately decided not to invest.
Ehan reported that he had already sold $25,000 worth of Solemender in less than a year, and had secured interest from 11 retail outlets. However, the Sharks were not convinced by his marketing strategy, and Ehan’s admission that he wasn’t sure about attending college was met with disapproval from some of the Sharks.
Despite not receiving a deal on the show, Solemender continued to thrive. Ehan decided to attend the University of California, Berkeley, where he majored in Business and Entrepreneurship. He sold Solemender out of his dorm room, just as Mark Cuban had predicted, and he is set to graduate in 2022.
After appearing on Shark Tank, Solemender sold out completely, but restocked and has since appeared on QVC several times. The product is currently unavailable on Amazon, but can still be purchased on the company’s website.
As of November 2021, the company is still in operation and Ehan is in his senior year at college.
What is the Net Worth of Solemender?
Ehan and Vinay appeared on Shark Tank season 9 episode 4 in search of $75,000 for a 10% stake in their company. This equates to a $750,000 valuation of the Company.
Current valuation is unavailable.
Who are the Competitors of Solemender?
There are no competitors identified for Solemender.
Solemender FAQS
What is Solemender?
Solemender is a cooling roller device that is intended to alleviate foot discomfort, particularly severe plantar fasciitis and rheumatoid arthritis.
It’s a simple and effective design: a stainless steel roller is put in a secure base and maintained cool in the freezer.
Who founded Solemender?
Solemender was created by Ehan Kamat of St. Louis, Missouri.
How much was they seeking in the Shark Tank?
Ehan and Vinay appeared on Shark Tank in search of $75,000 for a 10% stake in their company. This equates to a $750,000 valuation.
Did they get the deal from the Sharks?
No, they were unable to secure a deal in the Tank.
What is their website?
The company’s official website is www.solemender.com
Where can they purchase Solemender?
Products are available for purchase on the company’s website. The product is also available for sale on Amazon.
How much does it cost to purchase?
The product is priced at $39.99.
Where is Solemender headquartered?
The company is based out of St. Louis, Missouri.
When was SoleMender aired on Shark Tank?
Solemender was featured on Shark Tank season 9 episode 4 which aired on October 15, 2017
Is Solemender still in business?
The company is still in existence as of November 2021, and Ehan is in his senior year.
What happened to Solemender after shark tank?
Since his debut on Shark Tank, Ehan has accepted the Shark’s advice and gone on to University, where he is selling Solemender from his dorm room, just as Mark predicted.
While it is not the big success they had planned for, it is nonetheless a success owing to the show’s visibility and internet sales.
How do they use a Solemender?
Return the cooled Solemender roller to its skid-free base and roll their heel and arch of their foot back and forth over the roller for rapid cooling, foot massage, plantar fascia stretching, and pain relief.
Do foot rollers help plantar fasciitis?
Previous research has shown that foam rolling aids in the flexibility of tissue structures.
As a result, they theorized that it may be useful in reducing plantar fasciitis discomfort by enhancing calf muscle and plantar fascia extensibility.
How long does shipping take?
Standard shipments typically take 3-7 business days after the order is processed (processing takes an average of 48 hours)
How long will it be before they start noticing results?
Almost instantly.
How long should they freeze the Solemender Roller?
Typically, they recommend freezing the Solemender roller for at least two hours before usage, but freezing it overnight would offer the finest therapy.
Why is this the best treatment for their foot pain?
Cold treatment has been used to alleviate inflammation for hundreds of years.
Cold therapy to decrease inflammation has long been suggested by doctors, podiatrists, and other health practitioners as part of the treatment of foot discomfort.
The Solemender is a reusable cold foot treatment solution packaged in a non-skid container.
The roller started squeaking, what should they do?
Simply put a drop of any oil (even cooking oil) into the wheel wells and they should be fine.
What is net worth of Ehan Kamat?
Ehan Kamat’s net worth is unavailable.
How can they contact Solemender?
Ehan and Vinay can be reached by email at [email protected]solemender.com
