EvREwares is a company featured on Shark Tank during Season 4 in 2013. The company was founded by Ellie Brown And Becca Nelson, who pitched their product line to the Sharks.
EvREwares specializes in reusable and adhesive fabric stickers called “Sticky Ties” and other related products.
The Sticky Ties are fabric accessories that 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 so that users can remove and reapply the product multiple times. EvREwares expanded its product line to include bow ties, mustaches, and other customizable fabric sticker designs.
During their pitch on Shark Tank, Ellie And Becca asked for a $100,000 investment in exchange for a 20% equity stake in their company. The Sharks were intrigued by the novelty of the product, but some expressed concerns about the market size and potential for growth.
Ultimately, Mark Cuban offered the full $100,000 investment for a 100% stake in EvREwares, and the entrepreneurs accepted the deal.
After their appearance on Shark Tank, EvREwares enjoyed increased exposure and sales, but it is unclear what the current status of the company is, as their website and social media presence seem to have been discontinued or inactive for some time.
What Is EvRewares?
EvREwares were re-wearable fabric stickers attached to garments worn to decorate. You can make any occasion whimsical with a Sticky Tie from evREwares, a reversible and wearable fabric sticker.
EvREware’s unique sticker sticks like glue to any surface it touches but does not leave residue behind. The sticker peels off, adheres, and wears.
Additionally, thanks to their adhesive nature, these stickers can be used repeatedly while remaining as effective as the day you received them.
The best way to dress up any clothing is with these 100% biodegradable novelty stickers.
These popular designs include the bacon tie, the beer tie, the duct tape tie, the American flag tie, and the pixel tie.
|Entrepreneur||Ellie Brown And Becca Nelson|
|Product||Sticker Accessory in the shape of a tie|
|Investment Asking For||$100,000 For 30% equity in EvRewares|
|Final Deal||$200,000 For 100% equity in EvRewares|
|Episode||Season 6 Episode 14|
|Business Status||Out Of Business|
Who Is The Founder Of EvRewares?
Ellie Brown And Becca Nelson are the founders of EvRewares.
EvRewares Before Shark Tank
EvRewares is a start-up company founded by Ellie Brown and Becca Nelson that has recently entered the Shark Tank looking for a $100,000 investment.
EvRewares are stackable fabric accessories that instantly excite any occasion, like their flagship product, the Sticky Tie. They also sell a variety of other accessories.
Becca removes her Sticky Tie to demonstrate how it transforms an ordinary t-shirt into something special.
Reusable Sticky Ties won’t tear, will stay in shape, and can be reused. The sisters display product variations by accessorizing their shirts with ties and bow ties.
EvRewares may also be easily cleaned of spills as they do not discolor or stain!
How Was The Shark Tank Pitch Of EvRewares?
Ellie and Becca appeared on Shark Tank requesting an investment of $100,000 in exchange for a 30% stake in EvRewares.
The Shark Tank pitch of EvREwares took place during Season 4 in 2013. Founders Ellie Brown And Becca Nelson presented their reusable adhesive fabric stickers, including “Sticky Ties,” bow ties, mustaches, and other customizable designs.
During their pitch, Ellie And Becca showcased their product line, explaining the adhesive technology that allowed the fabric stickers to be reusable and safe for clothes.
They demonstrated the application and removal process of the Sticky Ties and emphasized their versatility for various occasions, from parties to daily wear.
The entrepreneurs asked the Sharks for a $100,000 investment in exchange for a 20% equity stake in their company.
While the Sharks were intrigued by the novelty of the product, some expressed concerns about the market size, potential for growth, and competition from similar products.
Despite these concerns, Mark Cuban saw potential in EvREwares and offered the full $100,000 investment in exchange for a 100% stake in the company. Ellie And Becca accepted the deal, marking a successful outcome for their Shark Tank pitch.
As mentioned in a previous answer, the long-term success and current status of EvREwares are not clear, as there is limited information available about the company’s recent activities, and their website and social media presence seem inactive or discontinued.
Final Deal: Mark Cuban purchased 100% of evRewares for $200,000.
What Happened To EvRewares After Shark Tank?
Mark was not able to close the transaction with Ellie and Becca. After contacting Mark’s acquisition team, the two sisters abruptly backed out of the deal.
Unlike Mark, however, the sisters need no advice or help from him, but he is willing to help their cause.
Regarding the Sticky Ties and EvReware product lines… the business appears to have collapsed or gone under.
Numerous individuals search members for Sticky Ties and EvReware on Google, which is unusual for Mark; however, there is no link to purchase Sticky Ties or learn more about the company founded by Ellie and Becca. EvRewares is no longer available in all senses.
EvRewares Shark Tank Update
The founders of evRewares were overwhelmed by Mark Cuban’s acquisition of the company. However, there was a U-turn in Ellie and Becca’s decision after the show aired.
The founders of evRewares decided not to sell their company and declined Mark Cuban’s offer, which they agreed to on the Shark Tank show.
evRewares got great popularity after its appearance on Shark Tank. The website of evRewares was flooded with visitors; however, the sales didn’t get as expected according to the traffic boost.
Like so many other businesses that appeared on Shark Tank, evRewares also had the fame of a limited time. The founders of evRewares closed the business in 2015. evRewares is out of business as of 2023.
Is EvRewares Still In Business?
EvRewares ceased its operations in December 2015 and are out of business as of 2023.
After their appearance on Shark Tank, EvREwares experienced increased exposure and sales, as is often true for businesses that secure deals on the show.
However, the long-term success and current status of EvREwares are not clear, as there is limited information about the company’s recent activities.
The company’s website and social media presence appear inactive or discontinued, which may indicate that EvREwares is no longer operational or has undergone a significant change in its business model or product offerings.
It’s also possible that the deal with Mark Cuban fell through during the due diligence process, as not all deals made on Shark Tank come to fruition.
In conclusion, while EvREwares initially benefited from the publicity and exposure of its Shark Tank appearance, its current status is uncertain due to the lack of recent information and online presence.
What Is the Net Worth Of evRewares?
The valuation of evRewares was $333,333 when it appeared on Shark Tank. The net worth of evRewares is unknown as of 2023 since the company went out of business in 2015.