Stress Free Kids Shark Tank Net Worth 2023

At the time of the pitch, the company was evaluated by investors and given a value of $1.25 million, which is the estimated worth of the business at that particular point in time. However, in 2021, the estimated net worth of the company has decreased to $590,000.

This suggests that the company may have experienced a decline in value over time, which could be due to various factors such as changes in the market, competition, or financial performance.

What is Stress-Free Kids? Who is the founder of Stress-Free Kids?

Stress Free Kids offers a scientifically proven and patented method that can effectively reduce stress, anxiety, and fears in children.

The program utilizes a 3-step process that teaches kids how to eliminate negative thoughts and feelings that trigger stress through simple techniques like breath counting and visualization.

Adults are provided with instructions on how to teach these techniques to children so they can assist them in managing their emotions in a fun and stress-free manner.

The founder of Stress-Free Kids, Lori Lite, is a passionate parent and businesswoman who developed the program to help her own children overcome nightmares that made bedtime a dreaded experience in their household.

Lori began studying and implementing stress management practices in her life to deal with her own anxiety, and she soon began practicing breathing exercises, visualization, positive affirmations, and progressive muscle relaxation with her children during bedtime stories.

After her spouse suggested she write down these stories, Lori developed a repertoire of stress management bedtime tales that eventually became the foundation for Stress-Free Kids.

Today, Lori runs a successful financial consulting company and continues to help parents and children overcome stress and anxiety through her innovative program.

Stress-Free Kids Shark Tank Pitch

In episode 21 of season 5 of Shark Tank, Lori Lite sought funding for her company, Stress-Free Kids. Before entering the Shark Tank, she was seen calming herself backstage. She was looking for $250,000 for a 20% stake in her company, which was valued at $1.25 million.

The Sharks visited her house and listened to her backstory. Sarah read a story from Angry Octopus, and Lori Lite stated that she had sold 30,000 pieces of merchandise for $180,000 in revenue and $50,000 in profit.

Kevin O’Leary suggested that she pursue publishers, but Lori Lite preferred to self-publish, despite distributing her products through Amazon and other bookshops.

The Sharks were curious about why she hadn’t sold more books, and Robert Herjavec withdrew from the deal, while Kevin Harrington wanted to focus on a specific product and also withdrew.

Kevin O’Leary offered $250,000 for a 100% stake in the company, but Lori Lite rejected the offer. Daymond John offered $250,000 for a 51% stake, and Barbara Corcoran offered $250,000 for a 50% stake.

Lori Lite countered with $250,000 for a 40% stake, and Barbara Corcoran withdrew her offer. Daymond John refused to give up his 51% stake, and Lori Lite finally accepted Barbara Corcoran’s offer.

Despite the fact that the deal with Barbara was never completed, Stress-Free Kids became an Amazon best-seller. Since her debut, Lori Lite has developed curriculum and lesson plans for teachers and parents, and her books continue to sell well.

The program is used by psychologists, physicians, professors, yoga instructors, military personnel, counselors, and parents worldwide. As of November 2021, the company is still in operation, with annual revenue of $5 million.

Net Worth of Stress-Free Kids

The company was valued at $1.25 million during the pitch; in 2021 the company’s net worth is estimated at $590,000.

Stress-Free Kids Shark Tank Updates

Stress-Free Kids is a line of children’s books and CDs that help manage stress and anxiety in children. The founder, Lori Lite, appeared on Shark Tank in Season 1 Episode 3, seeking $250,000 for 20% of her company.

During the pitch, Lori shared her personal story of how her two young children developed stress-related night terrors, making bedtime a nightly ordeal.

She researched stress management techniques to calm her own stresses and began doing breathing exercises with her children, which helped them sleep better.

During the pitch, the Sharks wanted to hear part of one of the stories, so Lori read a story from her book. The Sharks were impressed with the product and its potential, but they were concerned about the valuation of the company.

Daymond John offered $250,000 for 51% of the company, which Lori declined. Barbara Corcoran offered $250,000 for 50% of the company, which Lori accepted.

Stress-Free Kids is still in business as of August 2022 and does $5 million a year in annual revenue. However, the deal with Barbara Corcoran never closed.

Since appearing on Shark Tank, Lori developed curricula and lesson plans for schools, which are used by psychologists, doctors, teachers, yoga instructors, the military, counselors, and parents worldwide.

Stress-Free Kids and Shark Tank Table Summary:

ASPECT	INFORMATION
Company Name	Stress-Free Kids
Founder	Lori Lite
Product	Line of children’s books and CDs to manage stress and anxiety in children
Shark Tank appearance	Season 5, Episode 21 of Shark Tank
Shark Tank pitch	Seeking $250,000 for 20% stake, valuing the company at $1.25 million
Sharks’ Offers	Kevin O’Leary: $250,000 for 100% stake, Daymond John: $250,000 for 51% stake, Barbara Corcoran: $250,000 for 50% stake
Final Deal	Lori Lite accepted Barbara Corcoran’s offer of $250,000 for 40% stake
Annual Revenue (2022)	$5 million
Estimated Net Worth (2021)	$590,000
Shark Tank Updates	Deal with Barbara Corcoran never closed, Lori developed curricula and lesson plans for schools, and the product is used by various professionals worldwide.

Stress-Free Kids FAQs

What Is Stress Free Kids, Founder, And How It Work?

Lori Lite is the founder of Stress Free Kids, an organization that provides stress management solutions for children, teens, and adults. She is an author, parenting expert, and successful entrepreneur.

Lori created Stress Free Kids when her two young children developed stress-related night terrors, making bedtime a nightly ordeal.

She researched stress management techniques to calm her own stresses and began doing breathing, visualizing, affirmations/positive statements, and progressive muscle relaxation with her kids while incorporating them into bedtime stories.

When her husband suggested she start writing the stories on paper, Stress Free Kids was born.

Stress Free Kids offers a line of books, CDs, and lesson plans designed to help children, teens, and adults decrease stress, anxiety, and anger.

Lori’s award-winning books received national attention on Shark Tank, and her accessible tips have been featured in hundreds of publications, including CNN Living, Real Simple Magazine, USA Today, Family Circle, Working Mother Magazine, and Web MD.

Stress Free Kids has created a series of books and compact discs to give children tips on coping with stress. Children can learn stress management through books and CDs, which teach children as part of a stress management program.

The books were derived from other works the entrepreneur had written in the past. Children younger than six are provided information on how to instruct the procedures to adults.

Lori Lite’s ultimate objective for Stress Free Kids was to aid her children in regaining control of their nighttime fears.

The household dreaded having to go to bed because of these tribulations. Because of this, she decided to start learning about stress management techniques and incorporating them into her life. Stress Free Kids has opened doors with distributors, resellers, bookstores, and periodicals.

How Much Was Stress Free Kids Asking On Shark Tank?

Lori Lite, the creator of Stress Free Kids, appeared on Shark Tank in season 1 and asked for $250,000 in exchange for 20% equity. The company was valued at $1.25 million at the time of the pitch.

Three sharks made offers, and Lori ultimately accepted Barbara Corcoran’s offer of $250,000 for 50% equity. This means that the company was valued at $500,000 after the deal.

Lori Lite, being on Shark Tank had an immediate financial impact and increased sales by 20% that year.

However, Kevin O’Leary offered to buy the entire company for $250,000, which Lori rejected. Daymond John also made an offer of $250,000 in exchange for 51% equity, which Lori did not accept.

Did Stress Free Kids Get The Deal?

Stress Free Kids did get a deal on Shark Tank, but it appears that the deal did not end up closing. During the pitch, Lori Lite asked for $250,000 for 20% equity in the company.

Kevin O’Leary offered to buy the entire company for $250,000, but this offer was quickly rejected by Lori.

Daymond John offered $250,000 in exchange for 51% equity in Stress Free Kids, while Barbara Corcoran offered $250,000 for 50% equity. Lori ultimately decided to accept Barbara’s offer.

However, it seems that the deal with Barbara did not end up closing. Despite this, Stress Free Kids received an update segment in episode 112, and the books were selling strongly.

As of May 2022, the net worth of Stress Free Kids was estimated to be around $600,000, and the company generates annual revenue of $5 million. The company was valued at $1.25 million during the pitch, but its net worth has since declined.

In summary, Stress Free Kids did get a deal on Shark Tank with Barbara Corcoran, but it appears that the deal did not end up closing. The company is still in business and generates annual revenue of $5 million as of May 2022.

How Much Was The Stress Free Kids Deal?

The deal for Stress Free Kids on Shark Tank was made with Barbara Corcoran, who agreed to give Lori Lite $250,000 for a 50% stake in her company.

However, Daymond John also offered $250,000 in exchange for 51% equity in the company, and Kevin O’Leary offered to buy the entire company for $250,000, which was quickly rejected by Lori. Ultimately, Lori accepted Barbara’s offer, but it appears that the deal did not end up closing.

As of May 2022, the net worth of Stress Free Kids was around $600,000, and the company generated annual revenue of $5 million.

In the previous year, the company generated $180,000 through selling 30,000 copies of its products, with net revenue of $50,000.

Stress Free Kids offers a variety of products, including books for children, audio CDs, and entire educational programs, with prices ranging from $8.95 for digital downloads to $105 for the Stress Free Kids Curriculum.

Is Stress Free Kids Still In Business?

Yes, Stress Free Kids is still in business as of August 2022. The company generates an annual revenue of $5 million. Stress Free Kids is headquartered in Marietta, Georgia, and offers a series of books and compact discs to help children cope with stress.

The curriculum is used by psychologists, doctors, teachers, yoga instructors, military, counselors, and parents worldwide. The company was founded by Lori Lite, who created the repertoire when her two young kids developed stress-related night terrors, making bedtime a nightly ordeal.

She researched stress management techniques to calm her own stresses and began doing breathing, visualizing, affirmations/positive statements, and progressive muscle relaxation with her kids while incorporating them into bedtime stories.

When her husband suggested she start writing the stories on paper, Stress Free Kids was born.

Stress Free Kids appeared on Shark Tank and received an investment from Barbara Corcoran. Barbara offered to invest $250,000 in exchange for a 50% share of the company, and Lori accepted the offer.

After some time, they came to an agreement that was strictly confidential regarding their financial matters.

What Is The Latest Update On Stress Free Kids After Shark Tank?

Stress Free Kids is a patented program that aims to reduce children’s stress, worry, and anxiety in a short time.

The program was created by Lori Lite, who developed it when her two young children developed stress-related night terrors, making bedtime a nightly ordeal. The program includes children’s books and CDs that teach stress management techniques.

Stress Free Kids appeared on Shark Tank in season 2, episode 6. During the pitch, Lori asked for $250,000 for a 20% stake in the company. The Sharks were interested in the product, and Barbara Corcoran offered to invest $250,000 in exchange for a 50% share of the company.

Lori accepted the offer, but the deal never closed. Despite this, Stress Free Kids got an update segment in episode 112, and the books were selling strongly.

As of August 2022, Stress Free Kids is still in business and does $5 million a year in annual revenue. However, the net worth of the company as of May 2022 appears to be around $600,000. There is no further information on any recent updates on Stress-Free Kids after Shark tank.

What is the revenue of Stress-Free Kids?

The company generates annual revenue of $5 million as of November 2021.

Is Stress Free Kids good for investment?

Yes, Stress Free Kids is a sound investment. The firm is currently valued at $590,000

Is Stress Free Kids profitable?

Yes, Stress Free Kids is considered to be a sound investment. The company generates annual revenue of $5 million as of November 2021.

Is Stress Free Kids real or fake?

Stress Free Kids is completely real and available for purchase on Amazon.

Where do I buy Stress Free Kids?

Stress Free Kids is available on Amazon.

Where can I read more about Stress Free Kids?

Lori Lite shared details regarding her company on her website, Facebook and Twitter accounts.

How can kids be stress free?

To encourage stress release in children, try the following.

Communicate with their children. Reduce Unnecessary Stressors, Take Care of their Basic Necessities, Teach Their Children Stress-Reduction Techniques and Control Their Own Stress.

How much stress do kids have?

Teens reported an average stress level of 5.8 on a 10-point scale, compared to 5.1 for adults. “It’s concerning that adolescent stress is so similar to adult stress,” said Norman B. Anderson, the APA’s chief executive and senior vice president.

How is the business model of Stress Free Kids?

Stress Free Kids is a patented and scientifically sound method for quickly and permanently reducing children’s stress, anxiety, and fears.

How did Stress Free Kids started?

Lori Lite encountered stress in her kids. She presented the idea of Stress Free Kids to her husband who enthusiastically supported it.

She then decided to start this company which has been regarded as a startup company with high potential.

How do I pay Stress Free Kids?

There are various ways to pay Stress Free Kids, the most common methods are: credit card, PayPal, check and money order.

Is Stress Free Kids safe?

Stress Free Kids is considered safe as it contains no chemicals, toxic substances and known side-effects as mentioned on their website.

How much can I earn by selling Stress Free Kids?

There is no information regarding how much one may earn by selling Stress Free Kids.

Where is Stress Free Kids located?

Stress Free Kids is located in California.

Where can I visit Stress Free Kids?

The nearest Stress Free Kids places are listed on their website.

What is the net worth of Lori Lite?

The net worth of Lori Lite is estimated at $500,000.