ScreenMend Shark Tank Update | ScreenMend Net Worth

ScreenMend was featured on Season 5, Episode 4 of the reality TV show “Shark Tank,” a screen repair solution that offers a quick, easy, and affordable method to mend rips, tears, and holes in window and door screens.

ScreenMend is a patch made from a durable, weatherproof material that adheres to the damaged screen upon applying heat. The user cuts the ScreenMend patch to the appropriate size, places it over the damage, and then applies heat using a common hairdryer. 

This causes the adhesive on the patch to melt slightly, bonding with the existing screen material to create a strong and nearly invisible repair.

ScreenMend’s simplicity is one of its primary features. The product is designed to be user-friendly, making it accessible to a wide range of consumers, regardless of their level of DIY expertise. 

In addition to this, ScreenMend is a cost-effective solution. Rather than having to replace an entire screen, which can be both expensive and time-consuming, users can mend the damaged area, extending the life of their screens and saving money.

Furthermore, ScreenMend is a durable solution. Its weather-resistant material and strong adhesive ensure the repair lasts, even in challenging weather conditions.

Its flexibility allows it to adapt to the screen’s shape, ensuring a secure fit. Finally, the patch’s design, which blends in with the screen, helps maintain the aesthetic appeal of the window or door.

ScreenMend is a good choice for screen repair due to its ease of use, cost-effectiveness, and durability. It allows users to extend the life of their screens without needing specialized skills or tools, making it a practical and economical solution for screen damage.

Company NameScreenMend
EntrepreneurBrian Hooks, Lilly Hooks, and Emma Hooks
Product / BusinessWindow screen repair patch that is simple and inexpensive
Investment Asking For$30,000 for 25% equity in ScreenMend
Final Deal$30,000 for 50% equity in ScreenMend
SharkLori Greiner
ScreenMend Episode Season 5, Episode 4
ScreenMend Business StatusIn Business
ScreenMend WebsiteScreenMend Website
ScreenMend Net Worth$1 Million

What Is ScreenMend?

ScreenMend is a quick and easy solution for repairing small holes and tears in window screens, screen doors, tent mesh, and other screens. ScreenMend has gained widespread recognition for its simplicity and efficiency in fixing damaged screens, as featured on Shark Tank. 

With its unique design and adhesive capability, ScreenMend can effectively mend tears in screens within minutes, often saving homeowners from the trouble of replacing the entire screen.

The ScreenMend patch is a specially designed woven mesh fabric with a heat-activated adhesive applied to one side. To repair a damaged screen, the user simply cuts the patch to fit over the damaged area, removing any loose strands or debris from the screen. 

The adhesive side of the patch is then placed directly onto the screen and firmly affixed using a hair dryer or heat gun for 30-60 seconds. Once cooled, the patch becomes a permanent, virtually invisible solution ensuring seamless repair.

ScreenMend Shark Tank Update | ScreenMend Net Worth

ScreenMend is an ideal product for homeowners, campers, and property managers looking to effectively tackle small screen repairs without incurring significant expenses or lengthy downtime. 

It is available in various sizes and colors to match different screen types and materials, making it a versatile and valuable addition to any toolbox. By providing a reliable and quick solution to fix common screen damages, ScreenMend empowers individuals to save time and money while promoting sustainability and reducing waste typically associated with screen replacements.

Who Is The Founder Of ScreenMend?

ScreenMend was founded by the Hooks family: father, Brian Hooks, and his daughters, Lily Hooks and Emma Hooks. Lily Hooks invented the ingenious idea of using a screen, some wax, and a hairdryer to mend a tear in their home’s window screen. 

Seeing how effective this solution was and realizing it could potentially fill a gap in the market, they decided to turn it into a business, so ScreenMend was born. 

Brian Hooks, with his experience and wisdom, and Lily and Emma Hooks, with their youthful energy and innovative thinking, made a great team. They successfully pitched their product on “Shark Tank,” securing investment and achieving commercial success with ScreenMend.

Before appearing on “Shark Tank,” ScreenMend had already made some headway in the market. The Hooks family, including father Brian and daughters Lily and Emma, had worked hard to bring their innovative idea to fruition. 

ScreenMend Shark Tank Update | ScreenMend Net Worth

The screen repair solution was in production, and they had made some sales, but they were still a small operation, largely unknown outside their immediate area.

ScreenMend was birthed from a personal need when the Hooks family was dealing with a torn window screen at home. Lily Hooks devised the ingenious solution of using a screen, wax, and a hairdryer to repair the tear, which worked remarkably well. 

Recognizing the potential in this simple, effective solution, the family decided to turn it into a business. However, like many small businesses, they faced production, distribution, and marketing challenges. 

While they had a great product, they needed more resources and exposure to take their business to the next level. That’s where “Shark Tank” came in.

By appearing on the show, they hoped to secure an investment that would help them scale up their operations, increase their market reach, and take ScreenMend to a wider audience.

How Was The Shark Tank Pitch Of ScreenMend?

Brad, Emma, and Lily brought their window screen repair kit to the tank, where they devised a repair technique while mending their window screen. Upon realizing the durability of their solution even after a year, they recognized its potential appeal to others.

The Hooks were seeking an investment of $30,000 in exchange for a 25% stake in ScreenMend, valuing the company at $120,000. The pitch began with Lily and Emma Hooks explaining the problem that ScreenMend solves — the common and frustrating issue of torn window and door screens. 

Lily then shared the story behind ScreenMend, how she conceived the idea when faced with a torn screen at home, and how they turned this simple solution into a product.

They demonstrated how ScreenMend works, highlighting its simplicity, effectiveness, and the fact that it’s much more cost-effective than replacing an entire screen. The demonstration effectively showcased the product’s benefits and ease of use, which are critical selling points.

During their presentation to the Sharks, Brad disclosed that they successfully sold 750 kits for $6.95 per unit. The production cost of each kit amounted to $0.61. 

Customers expressed satisfaction with the kits, but the Hooks encountered an obstacle when national retailers Home Depot and Bed Bath & Beyond expressed interest in their product contingent upon an enhanced packaging design. 

To meet this requirement, Hooks needed a capital investment of $30,000 to revamp their packaging and ensure its readiness for retail.

Daymond John appreciated the product but deemed the packaging overhaul challenging and declined to invest. Kevin O‚ÄôLeary also opted out due to the significant amount of work required. 

Subsequently, Robert Herjavec followed suit, believing the potential return on his investment would need to be increased.

Mark Cuban, however, presented an offer of $30,000 for a 25% equity stake in the business. Although unsure of the precise steps to steer the business in the necessary direction, he pledged his connection to individuals possessing the required expertise. 

Determined not to let the Hooks leave empty-handed, Mark’s proposition relieved Brad and his daughters. Nevertheless, before finalizing the deal, Lori Greiner intervened with an offer of her own.

Lori proposed undertaking ScreenMend’s manufacturing and packaging redesign, assuring the Hooks that this initiative would facilitate the product’s entry into Bed Bath & Beyond and even secure television exposure. 

The Sharks were impressed by the product and the Hooks family’s entrepreneurial spirit, especially that of the young, articulate Lily.

Lori requested a 50% equity stake in exchange for $30,000. Following thorough deliberation, the Hooks ultimately decided to accept Lori’s offer.

They were equally impressed by the sales figures the family had already achieved before appearing on the show, demonstrating a demand for such a product.

The pitch resulted in a successful deal with Lori Greiner, who offered $30,000 for a 50% stake in the company. This investment gave ScreenMend the resources and mentorship needed to scale its operations and reach a wider audience. 

The Shark Tank pitch of ScreenMend was quite memorable and successful. Despite being just a teenager then, Lily Hooks confidently led the pitch. She clearly understood their product and its market potential, impressing the Sharks with her poise and preparedness.

The ScreenMend pitch on “Shark Tank” is an excellent example of how a simple, effective product, combined with a well-prepared and confident pitch, can capture the interest of investors.

Final Deal: Lori Greiner agreed to invest $30,000 for 50% equity in ScreenMend.

What Happened To ScreenMend After Shark Tank?

After their successful pitch on “Shark Tank” and securing a deal with Lori Greiner, the ScreenMend business saw a significant uptick in its fortunes. With the investment and mentorship from Greiner, who is known for her expertise in product development and QVC marketing, ScreenMend was able to scale up its operations, increase production, and reach a much wider audience.

ScreenMend experienced the “Shark Tank effect” – a significant surge in sales and interest immediately following their appearance on the show. Their website reportedly crashed due to the sudden influx of traffic after the episode aired. 

The product quickly sold out, and the company had to ramp up production to meet the increased demand. In addition to the financial boost, appearing on “Shark Tank” provided ScreenMend with widespread publicity and credibility. 

The product became available in various retail outlets, including big names like Lowe’s and Home Depot and online platforms like Amazon. The product also became a regular feature on QVC, thanks to Lori Greiner’s connections, further boosting sales.

The ScreenMend team used the investment to refine their product, streamline their production process, and enhance their marketing efforts. As a result, the business grew rapidly, becoming a successful venture that has helped countless customers repair their window and door screens easily and affordably.

The trajectory of ScreenMend following its appearance on “Shark Tank” indicates a successful growth story. The unique product, combined with the business acumen of the Hooks family and the guidance of Lori Greiner, likely contributed to the ongoing success of ScreenMend.

According to our research update, it has been confirmed that ScreenMend is actively operating as a company in 2023. The product has successfully been marketed through various channels, including QVC, Amazon, Walmart, and major home improvement stores. Additionally, ScreenMend products can also be purchased directly from their official website.

ScreenMend Shark Tank Update

After appearing on Shark Tank, ScreenMend experienced significant success and growth. The company is still in business and has expanded its presence in the market with the help of Lori Greiner, one of the Sharks on the show.

With Lori’s assistance, ScreenMend’s product was sold on various platforms, including QVC, Amazon, Walmart, and major home improvement stores. The “Shark Tank effect” profoundly impacted ScreenMend’s sales, causing a skyrocketing surge in demand.

During the week following their appearance on the show, ScreenMend sold a unit per minute, and several retailers approached them about stocking the product. The company started manufacturing the product in-house in response to the increased demand.

An update segment aired on episode 606 of Shark Tank revealed that ScreenMend had sold out shortly after being featured on QVC. Lori successfully kept her promise and secured placements for the product in Bed Bath & Beyond, Home Depot, ACE Hardware, and Lowes. By then, ScreenMend had achieved over $900,000 in sales [2].

Two years after their initial Shark Tank appearance, ScreenMend was acquired by Spark Innovations, a company specializing in developing consumer product brands. The exact amount of the acquisition remains undisclosed.

Despite the acquisition, Lilly Hooks, the company’s president, continues to be involved part-time, while Emma Hooks, another member of the founding family, pursued an acting career after graduating from American University.

The website of ScreenMend is still active, and you can buy the product on Amazon, where it has received a 4-star rating from over 1,400 reviews.

ScreenMend Shark Tank Update | ScreenMend Net Worth

Some customers have mentioned that the patch does not blend seamlessly with the screen and can look tacky if not applied carefully. However, the consensus appears positive, with many users finding the product easy to use and effective as a temporary fix.

Although their social media accounts, including Twitter, have not been updated for several years, ScreenMend’s revenue from Amazon sales alone was reported to be around $5 million in 2021. This success can be attributed to the initial investment and assistance provided by Lori Greiner and the ongoing demand for the product in the market.

After ScreenMend’s appearance on Shark Tank, the company experienced a significant boost in sales, expanded its retail presence, and secured partnerships with major stores.

Spark Innovations acquired them, continued to generate substantial revenue, and maintained their product availability on platforms like Amazon.

Despite limited updates on its website and social media, ScreenMend has established itself as a successful business in the screen repair industry.

Is ScreenMend Still In Business?

Yes, ScreenMend is still in business. They have expanded their presence in the market, and their product is available for purchase on various platforms, including Amazon, QVC, Bed Bath & Beyond, and major home improvement stores.

Despite the lack of updates on its website and social media accounts, ScreenMend continues to generate revenue and maintain its availability to customers.

What Is the Net Worth of ScreenMend?

According to our research, the net worth of ScreenMend is estimated to be $1 million. The valuation of ScreenMend was $60,000 after securing an investment from Lori Greiner.

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