Screenmend Net Worth 2022 – What Happened After Shark Tank
When a father and his two young daughters pitched to the investors on Shark Tank, thousands of viewers thought it one of the more endearing pitches.
But this family got the deal they were looking for, and have since turned their humble Screenmend business into a booming revenue generator.
How are they doing today?
Leaving the Shark Tank with a net worth of $60k, the exposure from the show has catapulted the show to success with an estimated net worth well in excess of $1 million.
Let’s take a look at the financials of Screenmend and see how the business is faring up to 2022.
One of the Cutest Pitch in Shark Tank History
Brian Hooks let his daughters, Lily & Emma do most of the talking during the 2013 episode of Shark Tank.
The then young teenage girls pitched their idea for an innovative way to solve a ‘common household problem’ using their dad’s new invention, the Screenmend.
After getting a good idea how the product worked, some of the Sharks declared themselves out, and refused to invest for reasons such as the business being too small or the family being too high maintenance as brand new entrepreneurs.
However, it was Lori Greiner who saw potential in the family’s idea and decided to invest $30,000 dollars for a 50% stake in the business.
The family accepted the offer and have since watched their business grow to unbelievable heights.
What Is Screenmend And How Does It Work?
Screenmend is a patch for computer and mobile device screens that can be cut to size and used to mend screens that are cracked.
The kit comes with a large enough sheet of the product, and is then cut by the user according to the size of the screen’s damaged area.
The patch is then applied by sticking it on and using a hair dryer to melt the adhesive into the cracks.
This has proven to be a handy repair method for those who don’t have the time of money to repair their screens right away.
Check Out More Reviews
Overall Score: 93/100
The State Of Screenmend Today
Before appearing on Shark Tank, the Hooks family had brought in about $4000 in sales. After the first 8 months after appearing on the show, they had already brought in $900 000 in sales.
There’s scarce information about how the company is doing today, but by 2016, over $3 million in sales had been achieved.
Company revenues show no sign of slowing down, and today, Screenmend is still a highly sought after product for those with cracked screens on their devices.
Amazingly, the company does not have a website; instead, they use popular social platforms like Facebook and others to promote, sell and discuss their amazing product.
Final Thoughts
This is yet another example of Lori Greiner’s keen eye for potential investments, and we can only imagine how the other Sharks are kicking themselves today for rejecting the deal.
It goes without saying that the family is doing exceptionally well financially thanks to the success of their company.
Brian’s daughters have since been able to go to college, and the family enjoys still their shared entrepreneurial spirit.
Check Out More Reviews
Overall Score: 93/100
