Spatty Daddy’s Net Worth
Spatty Daddy’s net worth is estimated to be around $4-5 million. Cheryl Rigdon, the inventor of Spatty Daddy, has a Master’s Degree in Speech Pathology and worked in special education before creating the product.
According to TheCurrent-Online.com, Spatty Daddy’s estimated net worth is approximately $5 million. This estimate is based on the success of the company since Cheryl Rigdon’s appearance on Shark Tank in 2012, where the company was valued at $125,000.
Since then, the company has grown significantly and its net worth has been estimated to be around $4 million.
Cheryl Rigdon is the inventor of the Spatty product line and has a Master’s Degree in Speech Pathology with an undergraduate degree in Special Education.
She worked in that field for many years before inventing Spatty and now works full-time on it. Her husband, mom, and dad were very supportive and helpful during the development of Spatty.
Rigdon appeared on Shark Tank in 2012 and received positive feedback from all of the Sharks. Kevin O’Leary even said that it was “sheer gold”. Despite not receiving any investment from Shark Tank, Rigdon has still enjoyed a great deal of success with Spatty Daddy which has significantly increased its net worth.
What is Spatty Daddy? Who is the founder of Spatty Daddy?
Spatty Daddy is an innovative spatula that has been patented and designed to effectively scrape out any remaining product from containers. Although initially designed for use with makeup, it can also be used with other products such as mustard. The Spatty Daddy is an enlarged version of the original device.
The founder of Spatty Daddy is Cheryl Rigdon, a resident of South Carolina. The idea for this device arose from her need to save money on expensive cosmetics.
Despite having no prior experience in business, Cheryl’s desire to assist others motivates her. As a result, a portion of Spatty Daddy’s profits is given to organizations that provide clean water to underdeveloped countries.
Various online and physical retailers such as Amazon, Walmart, Bed Bath & Beyond, Albertsons, Giant Eagle, and CVS provide this product for purchase.
Spatty Daddy Shark Tank pitch?
During episode 405 of Shark Tank, Cheryl Rigdon, the creator of Spatty Daddy, a spatula designed to scrape out every last bit of product from containers, presented her product to the Sharks.
She proposed a 40% stake in her $125,000 company in exchange for $50,000. While the Sharks were impressed, they had varying reactions to investing in the business.
Mr. Wonderful believed that Cheryl had no intention of distributing the product and exited the pitch. Mark also exited, claiming he was not interested in investing the time to help Cheryl build the business.
Robert was uncertain about the product’s potential success and also left the pitch. Lori and Daymond both exited as well, but Daymond offered to help Cheryl connect with makeup companies and provided her with his phone number before she left without securing a deal.
Despite not receiving a deal on Shark Tank, Cheryl Rigdon continued to pursue her business, and after the episode aired, she received an influx of pre-orders.
She finished the first production mold and prototype run and then began full manufacturing of the product. With the help of another Shark Tank entrepreneur, Mona Weiss, Cheryl was able to gain access to the 2013 Academy Awards Gifting Suite and distributed Spatty Daddy to celebrities.
Spatty Daddy is now available for purchase on Amazon and at various retailers such as Bed Bath & Beyond, Walmart, Target, and others stores. As of February 2022, the company has an annual revenue of $1 million, and Cheryl is working on themed versions of Spatty Daddy and metallic variants.
Net Worth of Spatty Daddy
The estimated net worth of Spatty Daddy, a spatula designed to scrape out every last bit of product from containers, is $4 million as of now.
The company was valued at $125,000 during and after the pitch on Shark Tank. Since then, the business has grown significantly.
Spatty Daddy Shark Tank Updates
The Spatty is a micro-spatula designed to scoop out the last bit of product from a container, such as makeup or food. Cheryl Rigdon, the inventor of Spatty, appeared on Shark Tank in 2012 seeking $50,000 for a 40% share of her business.
The Sharks unanimously agreed that it was a useful product, but Mr. Wonderful did not think Cheryl had a plan to distribute the product, so he was out. Daymond John offered to help and gave Cheryl his phone number and offered to introduce her to some makeup companies.
After the show aired, Cheryl took a ton of pre-orders, and the first production mold and prototype run were done in early November 2012. Full production of sellable products was completed shortly thereafter.
Fellow Shark Tank entrepreneur Mona Weiss advised Cheryl about getting into the 2013 Academy Award Gifting Suite, and Cheryl handed out Spattys to the stars in early March 2013.
As of 2023, there is no recent update on Spatty Daddy’s net worth or current status. However, the Spatty is still available for purchase on the company’s website and on Amazon.
Table: Spatty Daddy Summary
|Spatty Daddy (a spatula for scraping out remaining product from containers)
|Shark Tank Pitch
|Episode 405, offered a 40% stake for $50,000
|Positive feedback, no investment made
|Estimated $4-5 million
|Revenue (as of Feb 2022)
|$1 million annually
|Amazon, Bed Bath & Beyond, Walmart, Target, and other stores
|A portion of profits is given to organizations providing clean water to underdeveloped countries
|Working on themed versions and metallic variants of Spatty Daddy
Spatty Daddy FAQs
What Is Spatty Daddy And How Does It Work?
Spatty Daddy is a spatula made of silicone that helps users get every last bit of their favorite products out of containers. It comes in two sizes: the Spatty, which is 6 inches long, and the Spatty Daddy, which is 12 inches long.
The Spatty and Spatty Daddy are silicone spatulas that can be used to scrape the sides of containers that are almost empty. They are designed to be used with a variety of products, including makeup, personal care products, and food items.
The Spatty Daddy is a money-saving tool that can help users get up to 25% more products out of their containers. It is especially useful for products that are difficult to get out of their containers, such as moisturizer that is at the point where they won’t pump out anymore.
The Spatty Daddy is made of silicone, which is flexible and durable, and it is dishwasher-safe for easy cleaning.
While the name and concept of the Spatty Daddy may seem gimmicky, it has received positive reviews from users who have found it to be a useful tool for getting the most out of their products.
What Happened To Spatty Daddy After The Shark Tank?
Cheryl Rigdon, the creator of Spatty Daddy, appeared on Shark Tank in 2012 and received positive feedback from all of the Sharks, but did not receive any investment. Despite this, the company has grown significantly since then and its net worth has been estimated to be around $5 million.
The product offerings have also expanded over time from just being for makeup to being used in the kitchen, for crafts, and for “handyman products”. Customers can order directly through the website, and the brand has its own Amazon store.
The product is available for purchase at various online and physical retailers such as Amazon, Walmart, Bed Bath & Beyond, Albertsons, Giant Eagle, and CVS.
Spatty Daddy was created to solve the problem of not being able to get the last bit of product out of the packaging. According to a study, people throw away between 17% and 25% of products because they cannot get the last bit out of the packaging.
The Sharks had mixed reactions to the product, but they all got a kick out of the name “Spatty Daddy”.
How Much Was Spatty Daddy Seeking On Shark Tank?
Cheryl Rigdon, the founder of Spatty Daddy, appeared on an episode of Shark Tank in Season 4, where she sought $50,000 in exchange for a 40% stake in her company. While the Sharks all agreed that the product was useful, Mr. Wonderful did not think Cheryl had a plan to distribute the product, so he declined to invest.
However, Daymond John offered to help by giving Cheryl his phone number and introducing her to some makeup companies. Since Cheryl’s appearance on the show, Spatty Daddy’s estimated net worth has grown to approximately $5 million.
The company was initially valued at $125,000 during and after the pitch on Shark Tank. Nowadays, Spatty Daddy is available for purchase at various online and physical retailers such as Amazon, Walmart, Bed Bath & Beyond, Albertsons, Giant Eagle, and CVS.
Did Spatty Daddy Have The Deal?
Cheryl Rigdon, the creator of Spatty Daddy, presented her product to the Sharks on Season 4, Episode 405 of Shark Tank. The Spatty Daddy is a small spatula designed for extracting all the products from a container, especially liquid makeup-like foundation.
During her presentation, Rigdon offered the Sharks a 40% stake in her business for $50,000, but none of the Sharks invested in Spatty Daddy.
Despite not receiving an investment in the show, Rigdon continued to develop her brand. Her appearance on Shark Tank gave her product a wider audience, resulting in many orders for Spatty Daddy products.
The Spatty Daddy is now available in various stores, having sold over 500,000 units and generating approximately $2 million in lifetime sales as of 2023. Daymond John, one of the Sharks, kept his promise and continued to assist Cheryl in any way possible.
Is Spatty Daddy Still In Business?
As of 2023, Spatty Daddy is still a functioning business that was founded by Cheryl Rigdon. She pitched her product, the Spatty Daddy, on Shark Tank in 2012.
The Spatty Daddy is a spatula designed to get every last bit of product from containers, which was originally made for makeup but is also useful for other products like mustard. The Spatty Daddy is an enlarged version of the original Spatty.
After the Shark Tank appearance, the company received a large number of pre-orders but lacked a place to manufacture them. However, with the help of Daymond John’s mentorship, Rigdon managed to speed up production and secure licensing deals.
As of July 2022, the company’s yearly revenue was $1 million. The Spatty Daddy can now be bought on Amazon and in various retailers like Bed Bath & Beyond, Walmart, Target, and other stores. Cheryl Rigdon is also working on themed versions of Spatty Daddy and metallic variants.
What Is The Current Status Of Spatty Daddy?
The Spatty Daddy is a small spatula designed for scooping out the last bit of product in containers, particularly liquid makeup such as foundation. It was invented by entrepreneur Cheryl Rigdon, who showcased prototypes of the Spatty and Spatty Daddy on Shark Tank in 2012.
Cheryl was seeking a $50,000 investment in exchange for a 40% share of her business, but the Sharks had mixed reactions to the product, though they found the name amusing. After the segment aired, Cheryl received a flood of orders but lacked the capacity to fulfill them, resulting in a two-month delay in shipping.
As of 2023, the Spatty is available for purchase on its official website and on Amazon. The company offers a range of products, and Spatty Daddy is now known as simply Spatty. This versatile spatula tool helps customers use all of their products, saving them money and paying for itself after only a few uses.
What Are The Benefits Of Using Spatty Daddy?
The Spatty Daddy is a handy tool that can help consumers save money by getting every last drop of product out of containers, as up to 25% of products are typically discarded due to not being accessible.
This 12-inch tool has a rubber spatula head that is perfect for scraping out larger bottles like shampoos, conditioners, and lotions. The Spatty Daddy is dishwasher-safe and reusable, making it easy to clean and environmentally friendly.
This versatile tool can be used with both food/condiments and beauty products, especially for products like foundation bottles, where it can get every last drop out of the container. The Spatty Daddy is a great item for customers to have in their homes and can even make a thoughtful gift.
The inventor of Spatty, Cheryl Rigdon, donates a percentage of profits to providing clean water to third-world countries. By purchasing a Spatty, customers can help those in need of clean, safe water.
The Spatty Daddy is available at major retailers like Bed Bath and Beyond, Target, and K-Mart and has received a 4.5-star review across 2,465 ratings on Amazon. Overall, it is highly effective at its intended purpose.
How Is Spatty Daddy Different From Other Spatulas?
The Spatty Daddy is a flexible spatula tool that is specifically designed to retrieve every last bit of product from containers. Unlike other spatulas, it is uniquely created to work with various types of containers such as cosmetic tubes and condiment jars. This tool is available in different sizes, with the larger Spatty Daddy being suitable for larger jars and the smaller Spatty being perfect for tiny cosmetic tubes.
The Spatty Daddy is an eco-friendly and reusable tool, making it a must-have for every home. With this tool, you can scrape the last bit of product from jars, ketchup, icing, peanut butter, and other products.
The Spatty Daddy Kitchen Spatula Set includes a 6-inch and 12-inch spatula in blue, while the Spatty & Spatty Daddy Beauty Spatty Set includes a 6-inch and 12-inch spatula in pink.
Both sets are reusable, flexible, and designed to help you save money by ensuring you use all of your products. The Spatty Daddy is an essential multipurpose tool for every home.
Where is Spatty Daddy located?
Spatty Daddy is located in Columbia, South Carolina.
Where can I buy Spatty Daddy?
Spatty Daddy is available for buy on Amazon, Wal-Mart Bed Bath & Beyond, Hammond Discount Health & Beauty, Beauty Bridge, Albertsons, Giant Eagle, Huvee, and CVS.
How much is the company worth?
The company is worth $4 million as of February 2022.
How much is the Spatty Daddy?
The price on the retail market starts from $6.49 for 6″ Lip, $4.
How do I use Spatty Daddy?
Spatty Daddy was created to get every last drop of the favorite products. It is perfect for makeup, especially lipsticks and Eyeshadows.
Since it is flexible and longer than a standard spoon or spatula, user can use it to reach into any product and scoop out every last drop.
Is Spatty Daddy shipping?
Yes, Spatty Daddy is shipping to any location in United States.
How much is shipping and handling?
Shipping cost will depend on the location and the amount of items customers are buying. Orders under $50 ship free, orders over $50 ship free with orders over $100 ship free with orders over $200 ship free with orders over $300 ship free with orders over $400 ship free with orders over $500 require additional shipping charges of $5.
What is Spatty Daddy return policy?
Spatty Daddy ships out products within 2-3 business days after order and accepted payment. If customers are not 100% satisfied with their product, they can return it for a full refund within 30 days of purchase.
What is Spatty Daddy warranty policy?
Spatty Daddy offers a 1 – year limited warranty on all products purchased from the company.
How long does it take to get Spatty Daddy?
Orders ship within 2-3 business days after order has been accepted and payment has been processed.
How do I pay for Spatty Daddy?
Customers can pay for Spatty Daddy with their credit, debit, or PayPal account.
How long will Spatty Daddy last after use?
Since Spatty Daddy has a handle, it can be used to wash and handle items. Since it is plastic, it can also be used over and over again.
Is Spatty Daddy recycling?
Yes, Spatty Daddy is made from recycled plastic so it can be used over and over again.
How do I care for Spatty Daddy?
Spatty Daddy is dishwasher safe. It can also be washed by hand.
What are the product ingredients?
Spatty Daddy ingredients include plastic, premium silica gel, water-based ink and food grade silicone.
What is the net worth of Cheryl Rigdon?
The net worth of Cheryl Rigdon is not revealed.