Eyewris Net Worth 2024: Earnings Before and After Shark Tank
Kenzo and Mark Singer founded Eyewris, a reading glasses firm, in 2022. Eyewris has a net worth of $1.6 million as of February 2024.
They struck a deal with Mark Cuban, Kevin O’Leary, Barbara Corcoran, Daymond John, and Lori Greiner for $125,000 in exchange for 20% ownership on May 19, 2023, during their appearance on Shark Tank USA Season 14. After going from an initial estimate of $500,000 by the entrepreneur, the ultimate valuation came to $625,000.
In August of 2023, EyeWris Reading Glasses was still going strong. The glasses are still available for purchase on the company’s website and at some specialty stores, such as Amazon.
Eyewris Net Worth
In the nine months following their appearance on Shark Tank, Eyewris made $28,000. Sales have exploded ever since the sharks put money into the business and the show aired. Monthly sales for Eyewris now total $77,000. Daymond has been instrumental in the company’s worldwide expansion. The cost of goods was reduced with Kevin’s help.
| Net worth | $1.6 Million |
| Shark Tank Investors | Mark Cuban, Kevin O’Leary, Barbara Corcoran, Daymond John, and Lori Greiner |
| Founder | Kenzo Singer and Mark Singer |
| Employees | – |
Eyewris Net Worth Timeline
| Net Worth 2023 – 24 | $1.6 Million |
| Net Worth 2022 | $500,000 |
| Net worth valuation 2022 after appearing on Shark Tank | $625,000 |
| Net worth valuation 2022 before appearing on Shark Tank | $500,000 |
What is Eyewris?
Mark and his son Kenzo Singer created Eyewris to address a long-standing problem for those who need to wear reading glasses. Together, they convinced all five Sharks to sign a deal during their appearance on Shark Tank in season 14. The estimated value of Eyewris is $1.6 million.
They showcased their one-of-a-kind innovation, a wrist-mounted folding reading glass that offers a convenient alternative for people who have trouble keeping their spectacles in their possession. The touching presentation delivered by the father-and-son team moved some Sharks to tears. The pitch struck a chord with Lori Greiner in particular.
Mark Singer is well-versed in business and has won awards for his inventions and skilled craftsmanship. Giati Designs and the world-famous Gorilla Glue were among his earlier works. The value of Gorilla Glue has risen to more than $100 million!
Kenzo Singer co-founded Eyewris with his father while he was working as a structural engineer and architect in Los Angeles after graduating from Cornell University. The bi-stable bridge, an invention important to the Eyewris design and a product of Kenzo’s design prowess, allows the glasses to curve around the wearer’s wrist efficiently.
Not only did Mark and Kenzo spend years honing the design, but they also ran a failed Kickstarter campaign, raising just $10,000.
Several design accolades, including the esteemed Red Dot, were bestowed upon the Eyewris spectacles upon its introduction. Made with lenses that are ten times stronger against impact than standard plastic or glass lenses.
In addition to blocking out all ultraviolet radiation, they have a built-in blue light filter. The glasses are constructed from nickel-titanium memory metal, stainless steel, lightweight TR-90 thermoplastic developed in Switzerland, and scratch-resistant lenses. They come in a sturdy protective case with a cleaning cloth and are guaranteed to be durable and comfortable for the wearer.
Effect After Shark Tank
The “Shark Tank effect” will hit Eyewris hard in the 48 hours after their Shark Tank debut. Additionally, the episode’s high level of emotional impact will likely lead to more internet viewers. Such publicity would be worth millions!
Eyewris was able to grab a sizable portion of the market because of its distinctive design—the glasses wrapped around the wrist—and high-quality materials. Just simply licensing their patented design, they stand to gain a substantial amount of money.
Entrepreneurs at Eyewris
Kenzo and Mark Singer started Eyewris in 2022. Master artisan, furniture designer, sculptor, and inventor Mark Singer has won numerous accolades for his work. He started the business and is also its creator; he also started Giati Designs. An experienced structural engineer, Kenzo Singer has worked in the field for more than a decade. He helped develop the EyeWris reading glasses as well.
Final Words
Starting with their humble beginnings on Shark Tank and ending with a thriving business. Everything is achievable with the correct plan and execution, as they have demonstrated. We are excited about what lies ahead for Spretz and hope it continues to thrive.