evREwares Shark Tank Update | evREwares Net Worth

evREwares was a company that appeared on Season 6 of Shark Tank with their product called Sticky Ties. Sticky Ties are reusable tie stickers made from a woven material, unlike traditional stickers.

These stickers can be reused and repositioned up to 10 times. Two sisters, Becca Nelson and Ellie Brown, invented the product in 2010. Sticky Ties gained mass appeal due to their novelty and versatility.

They can be worn as ties or stuck on various surfaces, making them a unique and customizable accessory. The product has received significant publicity, including local ABC News Channel 6 coverage in Zionsville.

The Sticky Ties by evREwares has expanded into 20 product categories, catering to different preferences and occasions. They offer ties for Big Guys, Little Guys, Bow Ties, and even Baby Ties.

evREwares has explored applications for their invention, such as sticky drink labels for parties. The potential for the product’s future expansion seems promising. 

It is proposed to create smaller reusable stickers in various shapes and sizes dedicated to messages or themes, such as jokes, inspirational quotes, and multiple birthday greetings. possibilities are only limited by one’s imagination.

Sticky Ties by evREwares is a good choice for those seeking a novelty gift or a unique accessory. Its reusability and versatility make it a convenient option, while its customizable nature allows for personalization and creative expression.

Company NameevREwares
EntrepreneurBecca Nelson and Ellie Brown
ProductA sticker accessory shaped like a tie
Investment Asking For$100,000 For 30% equity in EvRewares
Final Deal$100,000 For 1000% equity in EvRewares
SharkMark Cuban
Episode Season 6, Episode 14
Business StatusOut Of Business
WebsiteevREwares Website
Net Worth$0

What Is EvRewares?

evREwares is a company specializing in reusable and adhesive fabric stickers called “Sticky Ties” and other related products. These fabric stickers can be stuck onto clothing without causing any damage, making them a fun and versatile accessory for parties, events, or daily wear.

The adhesive backing on the fabric stickers is designed to be reusable, allowing users to remove and reapply the product multiple times.

EvRewares Shark Tank Update

In addition to Sticky Ties, evREwares expanded its product line to include bow ties, mustaches, and other customizable fabric sticker designs. evREwares is a business that manufactures fabric stickers that can be re-worn.

These stickers are designed to give a new look to clothing, transforming a basic shirt into a formal one. They stick to clothing using a special glue that does not leave residue behind.

The stickers are biodegradable, making them environmentally friendly. evREwares offers a variety of designs, including bacon ties, beer ties, duct tape ties, American flag ties, and pixel ties.

Who Is The Founder Of EvRewares?

Ellie Brown is the founder of evREwares. She, along with her sister, Becca Nelson, started the business. Ellie has a background in pharmaceutical sales, while Becca has experience in graphic design and advertising.

The idea for evREwares arose when Ellie and Becca wanted to create a product that could add fun and excitement to any occasion. They conceived the idea of stackable fabric accessories that could transform ordinary clothing into something extraordinary.

Their flagship product, the Sticky Tie, was designed to be reusable, durable, and easily wiped clean if spilled on.

evREwares Shark Tank Update | evREwares Net Worth

Before appearing on Shark Tank, evREwares developed a product line centered around their flagship product, the Sticky Tie.

These fabric accessories could be stuck onto clothing without causing any damage, making them versatile for parties, events, or daily wear.

The adhesive backing on the fabric stickers was designed to be reusable, allowing users to remove and reapply them multiple times.

The company expanded its product line to include bow ties, mustaches, and other customizable fabric sticker designs.

The Sticky Ties and other evREwares products were marketed as whimsical and fun accessories that could instantly transform any garment. They were 100% biodegradable and easily cleaned of spills without discoloration or staining.

How Was The Shark Tank Pitch Of EvRewares?

During their Shark Tank pitch, Ellie Brown and Becca Nelson presented their business evREwares, which offered stickable fabric accessories like the flagship product, Sticky Ties. 

They sought a $100,000 investment in exchange for a 30% equity stake in their company, valuing evREwares at $333,333.

The Sharks were initially intrigued by the product and received special samples tailored to their interests. However, concerns were raised about the sales and market potential of evREwares.

The sisters had experienced a decline in sales and were struggling with consumer awareness and sell-through rates.

Kevin, in particular, expressed doubts about the product’s appeal and profitability. Having invested in a similar industry before, Lori also opted out of the deal.

As other Sharks voiced their concerns, Mark Cuban offered to purchase the entire business for $200,000 and contract the sisters to work for him.

After a discussion outside the Shark Tank, Ellie and Becca tearfully accepted Mark’s offer, believing it would provide financial security and guidance for their company.

However, it is later revealed that the deal fell through, as the sisters changed their minds after the show aired.

Despite receiving a boost in website traffic and sales following their appearance on Shark Tank, evREwares ultimately went out of business in December 2015.

The sisters deleted their social media pages and shut down the company’s website. The current whereabouts and activities of Ellie and Becca in 2023 are unknown.

Final Deal: Mark Cuban purchased 100% stake of evRewares for $200,000.

Did evREwares Get a Deal on Shark Tank?

Yes, EvREwares did get a deal on Shark Tank. During their pitch in Season 6 in 2015, founders Ellie Brown and Becca Nelson asked for a $100,000 investment in exchange for a 30% equity stake in their company. 

Mark Cuban was intrigued by the novelty of their product, Sticky Ties, and offered the full $200,000 investment for a 100% stake in EvREwares.

The entrepreneurs accepted the deal from Mark Cuban, marking a successful outcome for their appearance on Shark Tank.

What Happened To EvRewares After Shark Tank?

After appearing on Shark Tank, evREwares experienced a temporary sales and internet traffic spike. They received over 1,000 visitors per minute to their website. However, despite the initial success, the business did not thrive long-term.

The sisters, Ellie Brown and Becca Nelson, decided not to proceed with the deal they made on the show with Mark Cuban, where they would have given up their entire company for $200,000.

The decision to let go of their business proved difficult for them emotionally, and they found it challenging to plan for such a scenario.

Instead of going through with the deal, Cuban became an advisor to the business, showing understanding of their situation.

Unfortunately, evREwares struggled to sustain its success and generate significant sales after the show aired. 

Despite offering specials, they only earned an additional $10,000 in sales. As a result, evREwares shut down in late 2015. Their website and social media accounts were also closed.

Currently, there are only limited traces of evREwares’ online presence. Becca Nelson’s LinkedIn account still claims she owns evREwares, but it is uncertain if her account has been updated.

Ellie Brown’s account does indicate the closure of the company. A few of their products can still be found on Amazon, although in limited supply, and it appears unlikely they will be restocked.

EvRewares Shark Tank Update

After appearing on Shark Tank, evREwares initially accepted a deal with Mark Cuban, who offered to buy the company. However, the deal ultimately fell through as the sisters changed their minds. 

They cited getting caught up in the moment as their decision. Despite not going through with the acquisition, Mark and his team reached out to offer free advising services to help turn the company around, which the sisters accepted.

Following their appearance on the show, evREwares experienced a significant increase in website traffic, but the conversion rate into sales was lower than expected.

They reportedly received over 1,000 visitors per minute but only generated around $10,000 in sales.

The company struggled to sustain its business despite offering promotions such as free shipping and additional free products.

EvRewares Shark Tank Update

evREwares continued operating for several months with Mark’s guidance as a free advisor. However, they ultimately went out of business in December 2015. 

They shut down their website and deleted their social media pages. Interestingly, their former domain has been purchased and now operates as a news blog.

Before closing, evREwares offered various products, including Sticky Ties for occasions such as birthdays, retirements, and holidays like Christmas and Halloween. They also had drink labels, Sticky Words, and Sticky Sashes available on their website.

As for the sisters’ current whereabouts, it is unclear. Becca still lists evREwares as her place of employment on LinkedIn, while Ellie’s presence on the site couldn’t be found.

According to her LinkedIn profile, Jennifer Pittman, their partner who was not on the show, is currently self-employed in graphic design, branding, advertising, and content management. It is unlikely that the sisters will be returning to Shark Tank shortly.

Is EvRewares Still In Business?

Our research shows that evREwares is out of business. After appearing on Shark Tank, evREwares, the company that created wearable fabric stickers for shirts, received an offer from Mark Cuban. He offered $200,000 for the entire business at 100% equity.

The sisters, Ellie Brown and Becca Nelson, agreed to the deal. However, Mark never finalized the company’s purchase after the episode aired.

As a result, the two sisters were left in a difficult situation with limited options. Unfortunately, evREwares ultimately went out of business less than two years after their appearance on Shark Tank.

It is unclear why the deal with Mark Cuban did not go through and why the company could not sustain itself in the market. 

What Is the Net Worth Of evREwares?

According to our research, the net worth of evREwares is $ since the company went out of business. The valuation of evREwares was $200,000 after getting acquired by Mark Cuban on Shark Tank.