Jiggy Puzzles Shark Tank Net Worth

Jiggy Puzzles, which appeared on Season 12 of Shark Tank, is a puzzle company based in New York City that showcases female artists’ unique art. Kaylin Marcotte founded this innovative business specializing in transforming art pieces into jigsaw puzzles, creating an interactive and engaging product for consumers.

These aren’t ordinary puzzles; each one is designed with thoughtful details, reflecting the beauty and complexity of the artwork it represents. 

Jiggy Puzzles company emphasizes puzzles as an artistic expression rather than simply entertainment. The unique artwork reveals itself once the puzzle is completed, exhibiting the creativity and talent of female artists worldwide.

This allows consumers to interact with the artwork uniquely, creating a deeper connection to the piece. Jiggy Puzzles also offers puzzle frames and JIGGY Glue, so once a puzzle is completed, it can be preserved and displayed as a piece of home decor.

Jiggy Puzzles also offers a JIGGY Puzzle Club Membership, which provides members with an exclusive 500-piece puzzle monthly for a monthly fee. The service is currently only available to domestic US customers, but it exemplifies the company’s commitment to regularly providing fresh and unique puzzles for its fans.

Jiggy Puzzles stand out in the market due to its stress-relieving features. In a fast-paced world, piecing together a puzzle can provide calm and focus, offering a practical way to manage stress.

Furthermore, the company’s commitment to promoting the works of female artists adds a layer of social consciousness to its business model. Jiggy Puzzles has created a niche in the marketplace despite stiff competition.

Company NameJiggy Puzzles
EntrepreneurKaylin Marcotte
ProductJigsaw Puzzles Created By Female Artists
Investment Asking For$500,000 For a 5% stake in Jiggy Puzzles
Final Deal$500,000 For a 15% stake in Jiggy Puzzles
SharkMark Cuban
Jiggy Puzzles Episode Season 12, Episode 22
Jiggy Puzzles Business StatusIn Business
Jiggy Puzzles WebsiteJiggy Puzzles Website
Jiggy Puzzles Net Worth$5 Million

What Are Jiggy Puzzles?

Jiggy Puzzles is a unique brand that has reinvented the traditional jigsaw puzzle. The company was established to make puzzles a piece of art, not just a game.

The puzzles are designed by different female artists worldwide, adding to their creativity. The puzzles feature various designs, from abstract art to detailed illustrations.

But Jiggy Puzzles is not just about the puzzles themselves. The brand takes pride in its eco-friendly packaging and the inclusion of puzzle glue in each box to preserve your completed work as a piece of art.

The puzzles can be framed and displayed upon completion, providing a lasting sense of achievement. Jiggy Puzzles also promotes a community spirit among puzzle enthusiasts. They encourage people to take time for themselves, slow down, and enjoy puzzling.

Jiggy Puzzles Shark Tank Net Worth

The company wants its products to be more than just a pastime; they aim to create a relaxing, mindful experience that encourages creativity and self-expression.

Jiggy Puzzles blends art, relaxation, and environmental consciousness into a single product. They have transformed a simple game into an artistic and mindful activity, promoting creativity, relaxation, and community.

Who Is The Founder Of Jiggy Puzzles?

Kaylin Marcotte is the founder of Jiggy Puzzles. She was born and raised in the Midwest, where she developed her love for puzzles early on. Kaylin enjoyed putting puzzles together so much that she carried her passion into adulthood.

She holds a university degree, and after completing her studies, she took her love for puzzles a step further by starting to design her jigsaw puzzles.

She identified that many people love puzzles but lack the time or expertise to create them. With this in mind, she created Jiggy Puzzles to cater to this audience, offering a wide range of themes and different-sized puzzles for everyone to enjoy.

She listed her puzzles on various online marketplaces, including eBay and Amazon, to make them available for purchase. 

The inception of Jiggy Puzzles took place in 2009, right after Kaylin completed her studies. She found a buyer for her first puzzle less than two hours after posting it online, an event that pushed her to establish her puzzle company officially.

Kaylin saw an increasing demand for unique and diverse puzzles as they became more popular, so she dedicated her time and energy to providing alternatives to traditional puzzles.

Jiggy Puzzles Shark Tank Net Worth

Before appearing on Shark Tank in 2016, Jiggy Puzzles was already a flourishing business. Marcotte used several online platforms, such as Etsy, to sell her puzzles, and she managed to sell over 30,000.

Her sales reached an impressive $2.25 million with no debt. This was achieved through her unique approach to puzzles, where she combined traditional puzzle elements with the thrill of video games by providing puzzles that consisted of bricks that could be assembled in various designs, with hints provided for assembly. 

Her vision for the future was even more ambitious, as she wanted to grow her company and increase her workforce. Hence, she decided to take Jiggy Puzzles to Shark Tank.

Despite not securing a deal with the judges on the show, her appearance boosted the visibility of Jiggy Puzzles, and she continued to run the business successfully.

How Was The Shark Tank Pitch Of Jiggy Puzzles?

Jiggy Puzzles creator and CEO Kaylin Marcotte made the Shark Tank pitch for Jiggy Puzzles. She sought a $500,000 investment for a 5% stake in her company, valuing it at $10 million. She came to the Sharks with a clear vision and ambitious plans to grow her product line.

Jiggy Puzzles are unique because they are a fusion of a traditional puzzle and a video game. They comprise bricks that can be assembled in various designs, offering a challenging yet fun experience for consumers.

Kaylin hoped that investment from the Sharks would help her scale the business, especially in manufacturing and distribution.

During the pitch, Marcotte shared that her company had made $2.25 million in sales since 2019 without accumulating any new debt.

She also discussed her product’s success on online marketplaces like eBay and Amazon, mentioning how a buyer had bought her first puzzle less than two hours after she had posted it online.

Furthermore, she revealed that she had sold over 30,000 of her puzzles online through Etsy and other venues.

The Sharks responded with mixed opinions. Daymond John initially offered to buy 50% of the company for $250,000 and suggested an aggressive advertising strategy, which Kaylin declined. This rejection led to other Sharks losing interest in the investment. 

Meanwhile, Mark Cuban showed a particular interest in her pitch. When she asked him about the percentage he would be comfortable with, he suggested 15%.

However, Kaylin also had a counter-offer from Kevin O’Leary, who proposed a $100,000 investment for a 15% stake in the company and a loan of $400,000 at 10% interest.

Ultimately, Marcotte did not reach an agreement with any of the Sharks, mainly due to equity and her reluctance to compromise on her ambitious goals.

Marcotte and Cuban’s negotiations broke down for no specific reason. No final agreement or deal exists between Jiggy Puzzles and the Sharks.

Despite the lack of a deal on Shark Tank, Jiggy Puzzles has continued flourishing. The company is still operating and generating an impressive annual revenue of over $4 million. The company’s net worth is around $5 million.

Final Deal: Mark Cuban Invested $500,000 for 15% equity in Jiggy Puzzles.

What Happened To Jiggy Puzzles After Shark Tank?

After appearing on Shark Tank, Jiggy Puzzles experienced a surge in popularity, significantly increasing its visibility among a larger audience. Although Kaylin Marcotte didn’t strike a deal with the Sharks, her company’s exposure from the show substantially impacted her business.

Marcotte continued selling her puzzles primarily through her business and maintained control over the company. Despite not selling through Shark Tank’s platform or other retail outlets, her business’s annual sales report indicated that Jiggy Puzzles generated $4 million in revenue as of 2,023, reflecting a successful trajectory despite not securing a Shark Tank deal.

In addition to its robust revenue, Jiggy Puzzles continued to innovate and engage its customer base. The company launched a subscription service known as the Jiggy Puzzle Club.

Jiggy Puzzles Shark Tank Net Worth

Members of this club gained access to exclusive information, a private community, and the first news about new products and special offers. This move helped the company build its brand and grow its loyal customer base.

Jiggy Puzzles is still operational and thriving, with annual revenue exceeding $5 million. The hand-crafted puzzles that Kaylin Marcotte designed and produced have remained in high demand.

Furthermore, the company’s net worth was around $5 million. The business trajectory of Jiggy Puzzles after Shark Tank has been remarkably positive.

The company has managed to leverage its exposure from the show to bolster sales and engage with a broader audience, leading to significant business growth and success.

Jiggy Puzzles Shark Tank Update

After its appearance on Shark Tank, Jiggy Puzzles experienced a series of developments contributing to its growth and success.

The founder, Kaylin Marcotte, presented the company on Season 12, Episode 22 of Shark Tank, seeking a $500,000 investment in exchange for 5% equity. Ultimately, the outcome of the Shark Tank pitch significantly influenced the trajectory of Jiggy Puzzles.

The pivotal moment arrived when Mark Cuban decided to invest $500,000 in Jiggy Puzzles for a 15% equity stake in the company. This marked a turning point for Jiggy Puzzles, as Mark Cuban’s investment provided the necessary capital to propel the business forward.

Following the Shark Tank appearance, Jiggy Puzzles experienced a surge in sales. The company reported earning $2.25 million in 2019, indicating a strong market demand for its unique puzzles.

The COVID-19 pandemic also increased sales as people sought leisure activities during lockdowns. By November 2021, the company’s annual sales had reached $4 million.

Jiggy Puzzles introduced innovative initiatives to sustain and enhance sales. One notable addition was the introduction of the “Puzzle Club,” a subscription service costing $29 per month.

This club offered exclusive puzzle designs and aimed to create a community among Jiggy Puzzles enthusiasts. The company continued expanding its product offerings, including collaborations with female artists and introducing new designs.

Jiggy Puzzles garnered media coverage from prominent platforms such as Today, Good Morning America, and Entrepreneur. This coverage played a role in enhancing the company’s visibility and attracting a broader customer base.

The company’s strong social media presence further fueled its growth, resonating with parents seeking engaging and educational toys for their children.

Kaylin Marcotte’s dedication and vision were crucial to Jiggy Puzzles’ success. Her commitment to creating artist-designed puzzles that served as stress-relievers and artistic expressions resonated with customers.

Despite facing challenges, Marcotte’s unwavering focus on her business’s mission contributed to its growth.

Jiggy Puzzles remained operational and active even though its online presence had decreased. This indicates that Jiggy Puzzles continued to operate successfully, leveraging its brand recognition and customer loyalty.

Jiggy Puzzles’ journey after Shark Tank exemplifies the power of exposure, strategic innovation, and dedicated leadership.

Mark Cuban’s investment and the platform’s visibility served as catalysts for the company’s growth, and its commitment to unique designs and customer engagement ensured its continued success in the years following its Shark Tank appearance.

Are Jiggy Puzzles Still In Business?

Our research shows that Jiggy Puzzles is still in business. Despite a slightly less active marketing approach and a stagnant presence on Instagram, the company remains operational and continues to offer its unique puzzle products to customers.

The business has experienced significant growth and success since its appearance on Shark Tank, expanding its product offerings and garnering attention from media outlets.

Jiggy Puzzles, founded by Kaylin Marcotte, has focused on offering creative puzzles with distinctive designs by female artists. The company’s offerings include framed puzzle art, a Puzzle Club Membership, and products priced between $29 and $49 on platforms like Amazon.

The puzzles provide entertainment and stress relief, making them popular among customers. The Shark Tank pitch, which secured a $500,000 investment from Mark Cuban for a 15% equity stake, was crucial in driving the company’s growth.

The company’s success is further underscored by its substantial revenue figures. Jiggy Puzzles generated $2.25 million in 2019 and achieved $4 million in revenue by November 2021. The estimated net worth of the company was around $1.3 million.

Jiggy Puzzles’ innovative strategies, including collaborations with female artists and a subscription-based Puzzle Club, have contributed to its sustained growth even during the challenges posed by the COVID-19 pandemic.

Jiggy Puzzles is still in business, actively offering its artistic and stress-relieving puzzles to customers.

What Is the Net Worth Of Jiggy Puzzles?

According to our research, Jiggy Puzzles’ net worth is estimated to be $5 million. The valuation of Jiggy Puzzles was $3.33 million after securing an investment from Mark Cuban on season 12 of Shark Tank.

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