Touch Up Cup Shark Tank Net Worth 2023
The net worth of Touch Up Cup is uncertain due to its status as a private company, with the financial information not being publicly available.
However, when they pitched on Shark Tank, the company was valued at $1.5 million and after receiving an investment from Blake, its estimated worth was $857,143. Since then it has likely seen growth in both their profits and net worth given that they are still in operation today.
What is Touch Up Cup? Who is the founder of Touch Up Cup?
The Touch-Up Cup is a handy container designed to store leftover paint and keep it fresh for future touch-ups. This cup has a capacity of 13 ounces and is equipped with an integrated blending sphere that makes mixing the paint easy. The airtight seal of the cup helps to preserve the paint for up to a decade.
The Touch Up Cup company was co-founded by Jason Grill and his 15-year-old son Carson Grill, who developed the idea for this innovative product.
The Touch-Up Cup is available for purchase at various retailers, including Walmart, Lowes, Home Depot, and Amazon. A pack of three Touch-Up Cups is priced at $19.99.
What Happened to Touch Up Cup at Shark Tank pitch?
Carson Grill and his father, Jason, appeared on an episode of Shark Tank where they presented their leftover paint storage container, called the Touch Up Cup. They were seeking $150,000 for a 10% stake in their company, which was valued at $1.5 million.
Since they couldn’t run the company full-time, they were looking for a Shark to assist with manufacturing and distribution. Daymond and Blake both showed interest in the product, but Daymond was hesitant about leading the company and funding purchase orders.
In contrast, Blake expressed interest and offered to fund buy orders if it benefited him as an investor. Eventually, both Daymond and Blake revised their offers, and Carson and Jason decided to go with Blake’s deal of $150,000 for 17.5% equity shares. They believed that Blake would be more involved in the success of their company.
What Happened to Touch Up Cup after Shark Tank?
Carson Grill and his father Jason successfully secured a deal with Blake after their appearance on Shark Tank. Blake, who started his own business at a young age, was enthusiastic about investing in Carson’s company and could relate to the young entrepreneur.
After the show, Blake expressed his excitement about joining the team on Twitter. Subsequently, Touch Up Cup entered into a private label agreement with Frog Tape, a painter’s tape company. As of February 2022, Touch Up Cup is still operational and has reported an annual sales figure of $2 million.
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Net Worth of Touch-Up Cup
The net worth of Touch Up Cup cannot be determined with certainty as it is a private company, and the financial information is not publicly available.
However, at the time of their pitch on Shark Tank, the company was valued at $1.5 million, after receiving an investment from Blake, the company’s worth was estimated to be $857,143.
However, since the show’s airing, it is likely that the company’s net worth has grown as they are still in operation.
Competitors of Touch Up Cup
The main competitors of Touch Up Cup are; Thompson’s Water Seal and Touch n’ Paint.
Touch Up Cup Shark Tank Updates
Touch Up Cup is a paint storage container product that appeared on Shark Tank Season 12 Episode 1. The founders, Carson and Jason Grill, secured a deal with Blake Mycoskie for $200,000 for 25% equity.
Touch Up Cup is a small container that can store remaining paint for a long period of time, preventing it from getting wasted. The product is designed specifically for small touch-up paint projects and keeps paint fresh for years and free of rust clumps.
It is also ready for rapid paint mixing and using, with the tagline “just shake ‘n paint”.
After Shark Tank, the sales of Touch Up Cup were very good, reaching $2 million in sales in 2021. In December 2020, Jason Grill announced that Touch Up Cup was working on a private label partnership with painter’s tape brand Frog Tape.
The company has also introduced new products and packaging. Touch Up Cup is available in stores nationwide.
Touch Up Cup was back on Shark Tank on March 11, 2022, for an update. The co-founders, Jason and Carson Grill, are still running the business.
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Touch Up Cup FAQs
What Is Touch Up Cup Shark Tank?
Touch Up Cup is a paint storage container product that was introduced in Shark Tank Season 12 Episode 1. The product was invented by Carson Grill, a 15-year-old boy who used to help his father Jason in painting the house.
When they opened the paint cans, the paint was rusty and clumpy, which made it unusable. Carson came up with the Touch Up Cup, a plastic container with an air-tight seal and a stainless steel mixing ball inside it to stir the paint.
The Touch Up Cup helps prevent the paint from getting wasted by eliminating rust, clumps, and storing paint for up to 10 years.
During their pitch on Shark Tank, Carson led the presentation and answered all of the Sharks’ questions, which impressed them. The Sharks were impressed with Carson’s age, his leadership, and the product’s potential. The Touch Up Cup was ultimately funded by Blake Mycoskie, the founder of TOMS Shoes.
The product is now available in stores nationwide and can be ordered online. The Touch Up Cup is perfect for indoor and outdoor projects, and it speeds up the process of touching up paint.
How Does Touch Up Cup Shark Tank Works?
Touch Up Cup is a paint storage container that eliminates rust and clumps and stores paint for up to 10 years. The container has a stainless-steel mixing ball that makes it easy to mix the paint.
When it’s time for a touch-up, users can shake the container and start painting. Touch Up Cup is available in single containers or packs of three, with the single container currently on sale for $6.99 on the Touch Up Cup website and the three-pack for $14.99.
Touch Up Cup was pitched on Shark Tank by Carson Grill and his father, Jason. The father-and-son duo impressed the Sharks with their product, which they believe is an important solution for the paint industry.
The Sharks on the episode were Lori Greiner, Mark Cuban, Kevin O’Leary, Daymond John, and Guest Shark Blake Mycoskie. The episode was filmed in Las Vegas with COVID-19 safety protocols in place, so viewers will see people wearing masks and sitting six feet apart during the show.
Carson Grill came up with the idea for Touch Up Cup to solve a problem his family was having around the house.
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What Is The Current Valuation Of Touch Up Cup Shark Tank?
Touch Up Cup is a paint storage container product that was pitched on Shark Tank Season 12 Episode 1. The product was invented by Carson Grill, who was 15 years old at the time, to help his father Jason with house painting.
Touch Up Cup was already in 4,000 retail locations across the country and brought in about $220,000 in sales over the last two years[1]. As of November 2022, the company’s sales reached $3 million, and its net worth is currently estimated at $1.7 million.
It is unclear from the search results what the current valuation of Touch Up Cup is. However, the company’s sales have been steadily increasing since its appearance on Shark Tank, and it has expanded its retail presence to over 4,000 locations.
The company’s net worth is also increasing, with an estimated value of $1.7 million.
What Happened To Touch Up Cup Shark Tank?
Touch Up Cup appeared on Shark Tank Season 12 Episode 1 on October 16, 2020, and secured a deal with Blake Mycoskie for $200,000 for 25% equity. Touch Up Cup is a container designed specifically for small touch-up paint projects.
It keeps paint fresh for years and free of rust clumps and is ready for rapid paint mixing and using.
In December 2020, Jason Grill announced that Touch Up Cup is working on a private label partnership with painter’s tape brand Frog Tape and is projecting to top $2 million in sales in 2021.
When Touch Up Cup was pitched on Shark Tank, it was running 70% online and 30% in retail, with the products being sold at more than 4000 stores.
Touch Up Cup is a sustainable paint storage container that is also air-tight and waterproof. The product is manufactured by the company Doz Innovation and was invented by Carson Grill, who was only 15 years old at the time.
Touch Up Cup is still in business and appears to be doing well, with plans for a private label partnership and projected sales of over $2 million in 2021.
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What is Touch Up Cup?
Touch Up Cup is a container that holds leftover paint for more convenient touch-ups and touch-ups.
Who is the founder?
Jason Grill and his 15-year-old son Carson Grill are the founders of the home care product.
How much were they seeking on Shark Tank?
They were seeking $150,000 for 10% equity. The company is worth $ 1.5 million.
Did they have the deal?
Yes, they had finalized the deal with Blake.
How much did they get on the shark tank?
Blake offered $150,000 for 17.5% equity shares of the company.
Is Touch Up Cup still in business?
Yes, the company is still in business, with $2 million in annual sales as of February 2022.
Is Touch Up Cup available for sale to the general public?
Yes, it is available for sale to the general public and has been since the beginning of its production.
How can I buy Touch Up Cup on Amazon?
Buy it on Amazon by clicking this link https://www.amazon.
How long can Touch Up Cup keep paint in a cup?
The Touch Up Cup keeps the paint fresh for ten years without it goesn’t go good.
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Can Touch Up Cup hold any leftover paint?
Yes, the container can hold any leftover paint.
What is a good brand of the touch-up cup?
Touch Up Cup is a brand of the touch-up cup by itself.
Is Touch Up Cup shipping?
Yes, it is shipping now.
Is Touch Up Cup patented?
Yes, Touch Up Cup has patents regarding paint storage containers.
How much does Touch Up Cup cost?
The price of the product is $19.99 for 3-packs.
Can I get Touch Up Cup at Home Depot?
Yes, customers can get it at Home Depot and other retail stores.
Is Touch Up Cup a spray paint container?
Yes, Touch Up Cup can hold any leftover paint as long as it is not in the form of a spray.
What are the dimensions of the touch-up cup?
The dimensions of the touch-up cup are 2 7/8 inches long, 3 7/8 inches wide, and 5 7/8 inches high. The volume of a pint is 16 ounces.
How do I pay for Touch-Up Cup?
Customers can pay for the product via PayPal, Amazon gift card, and credit card.
How do I clean and maintain Touch Up Cup?
Customers can clean the touch-up cup by hand or by dishwasher. They should also not store it in direct sunlight because it can compromise the quality of the paint stored in the cup. They should also avoid storing paint in a high-temperature, high-humidity environment.
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Can Touch Up Cup be used as a spray brush?
No, the spray brush cannot be used as a spray brush. It can be used for any other kind of paint.
What is car touch-up paint?
Touch-up paint is a kind of paint that comes in small containers with a nozzle at its top to control the flow of the liquid. It is specifically designed to be used on cars to cover scratches, scratches, and minor damages.
What is the net worth of Jason Grill?
The net worth of Jason Grill is not available.
What is the net worth of Carson Grill?
The net worth of Carson Grill is not available.