Foam Party Hats Shark Tank Update

What Are Foam Party Hats?

Foam Party Hats, as the name implies, creates whimsical foam hats in a variety of fun themes for a variety of occasions.

Weddings, birthday parties, and corporate events are the key markets for this family-owned company.

Foam Party Hats Shark Tank Update

They can also make caps for occasions such as festivals, performances, sporting events, cruises, etc. 

You can choose from over 600 different hat styles that have already been designed, or you can create your own. They also have hats that are themed after COVID!

Company NameFoam Party Hats
EntrepreneurManuel Rojas And Grace Rojas
Product / BusinessFoam hats with a fun theme
Investment Asking For$100,000 For 15% equity in Foam Party Hats
Final Deal$100,000 For 25% equity in Foam Party Hats
SharkMark Cuban and Lori Greiner
Episode Season 12 Episode 5
Business StatusIn Business
WebsiteVisit Website

Who Is The Founder Of Foam Party Hats?

Grace and Manuel Rojas, a mother and son team from Venezuela who immigrated to the United States in 2010, co-founded Foam Party Hats LLC 2010.

After studying there for five years, Manuel is a chemical engineer who graduated from Houston, Texas.

It took her more than a year to design the hats to raise money for them. She sold them to family, friends, and local community events so she could pay for her son’s living expenses and college tuition.

Manuel continues to work part-time at his chemical engineering position while both men are still involved in the company as executives. 

They manage a small workforce and sell their hats on the internet through their website, which they designed themselves.

In addition, online stores such as Amazon are available. They intend to continue expanding output while maintaining a strong focus on quality, for which they have established rigorous standards.

Foam Party Hats Before Shark Tank

Grace Rojas was a Venezuelan resident when she arranged her daughter’s wedding to Hora Loca.

She desired to surprise and delight the bride and groom and their guests.

Not an easy task, given the Hora Loca’s inherent lunacy. Was every foolish thing previously done?

The “crazy hour” is an integral aspect of a Latino wedding. An enthusiastic Venezuelan couple wanted to incorporate that vitality level into their wedding reception after being inspired by the Spanish New Year’s Eve celebrations.

The practice extended throughout South and Central America. Eventually, it made its way to the United States when visitors began to dwindle, exhausted from overeating or drinking and looking for a courteous way to exit the venue.

The music intensifies when the siren sounds, strobe lights flash, and the performers stream in.

Guests are escorted onto the dance floor and handed Venetian Masquerade Ball masks, noisemakers, glow sticks, pool noodles, feather boas, and outrageous headgear.

Nobody is exhausted any longer. Indeed, the Hora Loca heralds the beginning of the actual party!

Grace is a very creative person, so she immediately began to choose outfits for everyone attending the wedding.

The designs are extravagant and one-of-a-kind, and the colors are bright. They are made of lightweight, high-quality foam and are designed to fit most people, making them quite comfortable to wear.

Indeed, they are so adaptable that two persons can fit comfortably within one hat. Ideal for use in a photo booth!

The caps elevated the Crazy Hour to a new level of “crazy.” Additionally, those were one of the most amazing party favors I’ve ever received.

Grace began collecting names of people who wanted her to make hats for them before the wedding and set up a beautiful side business soon after.

Grace and her son Manuel emigrated from Venezuela in 2010 as part of a large departure in response to the country’s worst economic crisis in history, rapid inflation, widespread famine, disease, and rampant crime.

They made their home in Houston. Manuel attended the University of Houston and studied chemical engineering because of Grace.

She was an educator with a BA in teaching from Venezuela’s Andrés Bello Catholic University and an MA from California’s University of the Pacific.

She enjoyed making those hats, however, and was doing well. So she started a new business in Houston and built it entirely by word-of-mouth marketing.

Grace is not only an artist; she is also a bit of a whiz with technology, having created her website. Her headgear gained national and international recognition.

Manuel’s business was flourishing by the time he graduated! The hats were sold in all 50 states and to Google and the Mardi Gras in New Orleans.

Manuel recognized the opportunity and partnered with his mother in the business. They formed foam Party Hats LLC.

How Was The Shark Tank Pitch Of Foam Party Hats?

Manuel and Grace come to the Shark Tank requesting an investment of $100,000 in exchange for a 10% stake in Foam Party Hats. 

Final Deal: Mark Cuban And Lori Greiner agreed to invest $100,000 for 25% equity in Foam Party Hats.

What Happened To Foam Party Hats After Shark Tank?

Foam Party Hats have not only attracted customers from every state of the United States, but they have also gained the interest and business of Google, as well as the Mardi Gras event in New Orleans.

It is not all that shocking considering that the company offers such a wide range of products.

It doesn’t matter what the occasion is: sports, holidays, weddings, bar mitzvahs, or any other celebration; they have a ridiculously outrageous, outrageously over-the-top, and yet very amusing hat.

Grace and Manuel have provided hats for events such as the Chinese New Year, St. Patrick’s Day celebrations, and Oktoberfests, among other things.

And the greatest thing is that Foam Party Hats make excellent party favors for your guests. In Foam Party Hats, the firm has not only attracted clients from every state in the United States, but they have also managed to capture the interest and business of Google and the Mardi Gras event in New Orleans, among others.

This isn’t shocking, given that the corporation offers such a diverse range of products.

It doesn’t matter what the occasion is: sports, holidays, weddings, bar mitzvahs, or any other celebration; they have a ridiculously outrageous, outrageously over-the-top, and yet very amusing hat.

Grace and Manuel have provided hats for events such as the Chinese New Year, St. Patrick’s Day celebrations, and Oktoberfests, among other things.

Foam Party Hats make excellent party favors for your guests, and they come in a variety of colors. In addition to hats, the firm also sells other head accessories, such as wigs, headbands, and luxury vintage hats, among other things.

Everyone will find something they like at Foam Party Hats, which offers everything from floral to animal print to quirky patterns to pop culture’s favorite looks.

For the moment, they only sell their products online through Amazon and their official website. Their pieces range in price from $10 to $50.

The price is slightly higher for those searching for a wedding hat that includes both the bride and the husband, but it appears to be well worth it considering their tight quality standards.

Additionally, you can purchase party packages on their website, which will be more expensive.

In addition to hats, the firm also sells other head accessories, such as wigs, headbands, and luxury vintage hats, among other things.

Everyone will find something they like at Foam Party Hats, which offers everything from floral to animal print to quirky patterns to pop culture’s favorite looks.

For the time being, their products are only available online through Amazon and their official website respectively. And the price of each of their pieces ranges from $10 to $50.

Animated Lure Shark Tank Update

The price is slightly higher for those searching for a wedding hat that includes both the bride and the husband, but it appears to be well worth it considering their tight quality standards.

Additionally, you can purchase party packages on their website, which will be more expensive.

Foam Party Hats Shark Tank Update

On ABC, the Shark Tank episode about Foam Party Hats first aired in November 2020.

Since its inception, Foam Party Hats has expanded its products to include foam shields for children.

Foam Party Hats Shark Tank Update

The products come in three animal designs – a dog, a lion, and an adorable bunny – and can be ordered and stocked.

Track Days Movie Shark Tank Update

Is Foam Party Hats Still In Business?

There is no information about the finalization of the deal between Mark Cuban and Lori Greiner with Foam Party Hats.

Foam Party Hats is still in business as of June 2022.

What Is the Net Worth Of Foam Party Hats?

The valuation of Foam Party Hats was $600,000 when it appeared on Shark Tank.

The net worth of Foam Party Hats is $1 million as of 2022.

You May Also Like
Acton Shark Tank Update
Read More

Acton Shark Tank Update

Acton Rocket Skates are a form of wearable transportation. Peter Treadway is the founder of Acton, who pitched…
Sweep Easy
Read More

Sweep Easy Shark Tank Update

We are all affected by this problem of food falling to the floor and sticking. It becomes impossible…