Are you a fan of glasses? Have you heard of Eyewris foldable reading glasses? If you are a fan of glasses or looking for more information about Eyewris, this article is for you. Eyewris is a pair of folding reading eyeglasses. These reading glasses may be worn on your wrist.
The story of Eyewris is an exciting and inspiring one. Please read on patiently; you will discover more information about Eyewris’s net worth, founder, appearance on Shark Tank, and other success stories after Shark Tank.
Eyewris net worth
According to sources, Eyewris’ net worth is expected to be $1 million as of 2024.
Mark and Kenzo Singer, a father-son combo that participated in Shark Tank Season 14 and struck a deal with all five Sharks for $125,000 in exchange for 20% interest, created the company.
Eyewris Founder
Eyewris was founded by Mark and Kenzo Singer, a father-son combo. Mark is an award-winning furniture designer, sculptor, master craftsman, and inventor. He is also the founder and developer of the firm and its product, Gorilla Glue. Kenzo is a structural engineer who attended Cornell University. He assisted his father in designing the bi-stable bridge, which enabled Eyewris.
They developed the concept of folding reading glasses that may be worn around the wrist and unfolded as needed. Mark and Kenzo started a financing effort on Kickstarter in 2020 but had to abandon it because of the COVID-19 pandemic. They later appeared on Shark Tank Season 14 and struck a deal with all five Sharks for $125,000 and 20% equity.
Eyewris Wikipedia
| Company Name | Eyewris |
| Founder | Mark Singer and Kenzo Singer |
| Founded | 2022 |
| Product | Reading Glasses On Your Wrist |
| Net worth | $1 million |
| Website | EyeWris |
Eyewris revenue
The company made $28,000 in revenue nine months before the show. Sales increased dramatically after the episode aired, reaching $77,000 each month. Eyewris’s expected yearly income for 2024 is $924,000. However, this is not the same as the company’s net worth, which is also determined by other criteria such as expenses, assets, liabilities, and valuation.
Eyewris shark tank
Mark and Kenzo Singer appeared on Shark Tank, seeking $25,000 for 5% equity from the Sharks. This father-and-son team delivered an excellent pitch on Shark Tank.
They have utility patents in 26 European nations, including the United States, China, and Japan. This reading glass costs $30.50 to create and sells for $110 online, including shipping.
The first nine months of the year were spent testing; therefore, they generated $28,000 in revenue. Mark Singer has so far invested $630,000 in his firm.Lori offered $25,000 for 10% equity. Kevin O’Leary made an offer of $50,000 for 10% ownership. All of the sharks are interested in doing business with them, but the founder is unwilling to give up much stake.
Lori stated that all five sharks (Mark Cuban, Daymond John, Kevin O’Leary, Barbara Corcoran, and Lori Greiner) would agree to $125,000 for 25% equity. Kenzo challenged Lori’s claim that 20% equity is the best offer.
All the Sharks finally agreed to invest $125k in ‘Eyewris’ for 20% equity.
Eyewris after Shark Tank
The Eyewris spectacles gained much popularity after being shown on Shark Tank. A large number of people watch every Shark Tank show. Among them, a certain number will purchase their spectacles.
Social media users adore the stylish and well-designed Eyewris reading glasses. This product has been purchased by many individuals, primarily due to its design.
