EyeWris Reading Glasses Shark Tank Net Worth

EyeWris reading glasses, showcased on episode 22 of Shark Tank season 14, are a revolutionary product that combines style and functionality. These innovative glasses serve a dual purpose, functioning as both a fashion accessory and a reading aid.

EyeWris glasses have the unique ability to transition from wristwear to eyewear with a seamless single-hand motion. The glasses are not only stylish but also highly durable, being 10 times more impact-resistant than traditional glass or plastic lenses.

Additionally, they come with a scratch and smudge-resistant coating, a blue light filter for digital eye strain protection, and provide 100% UV ray protection. The proprietary curved design and anti-reflective coating enhance the visual experience for the wearer.

EyeWris reading glasses are lightweight and secure, ensuring a comfortable fit all day long. The founders have emphasized everyday practicality in their product, making it easy for users to have their reading glasses always within reach.

Available in a range of colors, including Tortoise and Gold for women, Black for men, Black Fade for women, and Tortoise Fade for men, these glasses cater to diverse style preferences.

EyeWris glasses are currently available for $65, making them an affordable investment in quality eyewear.

The EyeWris reading glasses blend the modern aesthetic with cutting-edge technology, making them an excellent choice for individuals seeking both style and functionality in their eyewear.

EyeWris: The Innovative Foldable Reading Glasses That Go from Wristwear to Eyewear

EyeWris is a brand of foldable reading glasses designed to be worn on the wrist, offering a convenient and stylish solution for individuals who use reading glasses. The glasses are foldable and can easily transition from wristwear to eyewear, ensuring they are always accessible when needed.

EyeWris Reading Glasses are a type of reading glasses designed to help individuals with presbyopia, a common age-related condition that affects near vision. These glasses have lenses that provide magnification for reading or performing close-up tasks.

EyeWris glasses are crafted with durable materials such as ultra-durable lenses that are scratch-resistant and smudge-resistant and have anti-reflective coatings. Additionally, they provide a blue light filter and 100% UV protection for the wearer’s eyes.

The design of EyeWris glasses has earned recognition, including the prestigious Red Dot award for their premium folding reading glasses.

EyeWris Reading Glasses are specifically tailored to address the needs of individuals experiencing difficulty in focusing on nearby objects due to presbyopia.

EyeWris Reading Glasses Before Shark Tank

EyeWris was founded by Mark Singer and Kenzo Singer. Mark Singer, an award-winning furniture designer, sculptor, inventor, and master craftsman, has had his work featured in prestigious museums like the MoMA in New York.

Kenzo Singer, a structural engineer with a background in architecture, collaborated with his father, Mark to bring EyeWris to life.

The idea for EyeWris came from Mark Singer’s desire to find a convenient solution for carrying reading glasses without hassle.

After years of development and numerous design iterations, Mark and Kenzo successfully achieved the perfect balance between style and functionality in their product.

Before appearing on Shark Tank in Season 14, Episode 22 on 05/19/2023, EyeWris had already gained recognition for its innovative design. The company had been awarded the prestigious Red Dot distinction for its premium foldable reading glasses.

The glasses were meticulously crafted from durable materials like nickel-titanium memory metal and impact/scratch-resistant lenses, offering a stylish and practical solution for those in need of reading glasses.

EyeWris Reading Glasses Shark Tank Pitch

Kenzo and Mark Singer presented EyeWris reading glasses on Shark Tank Season 14. The glasses feature a unique spring-like design that allows them to be transformed from wristwear into eyewear, providing a convenient solution for people who need readers on the go.

Investment Sought:

The founders were seeking $25,000 for a 5% equity stake in their business. Despite the company’s initial low sales figures, the sharks were intrigued by the innovative product.

Sharks’ Views:

The sharks were impressed by the functionality and novelty of the Eyewris reading glasses. They recognized the potential of the product in the market and were eager to be a part of this unique venture.

Investment Offers:

• Lori Greiner offered $25,000 for a 10% stake.
• Kevin O’Leary doubled that offer with $50,000 for 10% equity.
• All five sharks collectively proposed a total investment of $125,000 for a 25% stake in the company.

Counter Offer by Founders:

Kenzo and Mark countered the sharks’ offer by proposing a 20% equity stake instead of the initial 25%.

Final Deal:

All five sharks, including Lori Greiner, Kevin O’Leary, Mark Cuban, Daymond John, and Barbara Corcoran, accepted the founders’ counteroffer. They invested $125,000 for a 20% equity stake in EyeWris reading glasses.

Following the Shark Tank episode, EyeWris experienced a surge in popularity and is expected to achieve remarkable sales growth with the support of all five sharks.

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The Journey of EyeWris Reading Glasses After Shark Tank

After appearing on Shark Tank, Eyewris, the innovative wrist-worn reading glasses company founded by Mark and Kenzo Singer, experienced a significant boost in sales and visibility.

After securing a deal with all five Sharks for $125,000 in exchange for 20% equity, EyeWris experienced a surge in sales and brand recognition. The exposure from Shark Tank helped the company reach a wider audience, leading to increased sales and revenue.

Eyewris continued to sell their foldable reading glasses at $110 a pair, emphasizing their durability and convenience. Customers praised the glasses for their functionality and stylish design, with positive reviews highlighting the practicality of wearing them on the wrist.

Eyewris benefited from the “Shark Tank bump,” witnessing a surge in sales and interest following their appearance.

The company’s focus on providing a fashionable and effective solution for carrying reading glasses resonated with customers, contributing to their post-show success.

EyeWris remains in business and continues to offer its stylish and functional reading glasses. The company’s estimated net worth is $1 million, reflecting its success in the eyewear market.

With a strong online presence and positive customer feedback, EyeWris is poised for further growth and success in the industry.

Eyewris leveraged its ‘Shark Tank’ appearance to enhance brand visibility, attract new customers, and solidify its position in the eyewear market with its innovative product offering.

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EyeWris Reading Glasses Shark Tank Update

EyeWris Reading Glasses made a significant impact on the popular business reality show “Shark Tank” during its appearance in the Season 14 finale.

The father-son duo behind EyeWris, Mark and Kenzo Singer, presented their innovative product to the Sharks, garnering interest and ultimately securing a deal with all five investors.

Following their successful pitch on Shark Tank, EyeWris experienced a surge in consumer interest and positive feedback.

The heartfelt presentation by Mark Singer, coupled with the quality and uniqueness of the product, resonated with both the Sharks and the audience. This led to a flood of support, resulting in inventory sell-outs and pre-orders for their sold-out items.

EyeWris continued its operations after the Shark Tank episode, with its website serving as the primary platform for purchasing its innovative glasses.

The company capitalized on the momentum generated by the show, offering limited-time discounts to attract more customers.

EyeWris remains in business, with its net worth estimated to be around $1 million. While the company has not yet reached the million-dollar potential often sought by investors, it has received recognition and awards for its innovative design and quality materials.

Despite facing competition in the market, particularly from brands like ThinOptics, EyeWris stands out due to its utility patents and commitment to quality.

The company continues to showcase the practicality and style of its product through limited social media presence, primarily on platforms like Instagram and Facebook.

While EyeWris has not disclosed specific plans for the future, it may need to address customer concerns and fine-tune its business operations to sustain growth and expand its market presence.

Improving product sizing options and enhancing customer service could mitigate challenges and build a stronger brand reputation.

EyeWris Reading Glasses has maintained its presence in the market post-Shark Tank, with a focus on delivering innovative and stylish eyewear solutions to consumers. Despite some challenges, the company’s dedication to quality and design positions it for potential growth and success in the future.

Also read, Influencers in the Wild Shark Tank Net Worth

EyeWris Reading Glasses Net Worth

According to our research, the net worth of EyeWris Reading Glasses is estimated to be $1 million. The valuation of EyeWris Reading Glasses was $625,000 after securing an investment from the Sharks on season 14 of Shark Tank.