Squatty Potty Net Worth 2024 [Shark Tank Update]
The Squatty Potty Is One of the Most Successful Products From ‘Shark Tank’- And Now It's on Sale
Squatty Potty is a company that manufactures adjustable toilet seats. The products of Squatty potty help people to sit on the toilet comfortably. Everyone has different heights and people often feel uncomfortable while sitting on the toilet for their height.
Squatty Potty has brought a product that can fix the height problem of sitting position on the toilet and provide a better position for pooping. You can put your feet on the Squatty potty and sit on the toilet easily. Something, many people feel uncomfortable while pooping at the seat height.
Generally, kids face this problem but, if you brought a Squatty Potty in your toilet then everyone will be able to sit on the toilet comfortably by adjusting the seat height. The company was present at the stage of Shark Tank season 6 episode 9.
Squatty Potty Shark Tank Overview:
| Company Name | Squatty Potty |
| Founder | Bobby Edwards & Judy Edwards |
| Founded | 2011 |
| Product | bathroom stool to help you do your business |
| Asked For | $350,000 for 5% equity |
| Final Deal | $350,000 for 10% equity |
| Shark | Lori Greiner |
| Episode (Shark Tank US) | SEASON 6 EPISODE 9 |
|---|---|
| Air Date | November 14, 2014 |
| Business Status | In Business |
| Squatty Potty Net Worth 2024 | $55 million |
Squatty Potty Net Worth 2024:
Although Squatty Potty company was sold in 2021 the company is still manufacturing products. In 2024 the net worth of Squatty Potty is $55 million US dollars. This company is one of the most successful companies which were appeared in Shark Tank. The annual revenue of Squatty Potty is $1.2 Million.
Squatty Potty Shark Tank Update:
Judy Edwards and Bobby Edwards took their company and the products to the Shark Tank. They explained the practical use of their products and the business plan. Before the Shark Tank appearance, Squatty Potty was already a growing company.
The founders of Squatty Potty asked for $350 thousand dollar investment for the company and offered 5% share of the company. Then Kevin O’Leary agreed to invest in the valuation but his demand was 10% share of the company.
In the meantime, Bobby Edwards asked for $700 thousand dollar for 10% share of the company. At last, the deal was finalized with Lori Greinerat’s $350 thousand dollar investment for 10% share.
What happened to Squatty Potty after Shark Tank?
After the Shark Tank’s appearance, Squatty Potty was making a good amount of revenue every year. In the first year. The annual sale of Squatty Potty was $1 million US dollars. Squatty Potty sold $2.7 Million in products in the second year.
Lori Greiner who has invested her $350 thousand dollar on this company, helped to grow the company. Squatty Potty company was making $7 million US dollar average annual revenue. In 2021 Squatty Potty was bought by ‘Aterian’ for $30 million US dollars.
Squatty Potty Founder:
Bobby Edwards is the inventor of the product of Squatty Potty. Then he founded the toilet tools manufacturing company Squatty Potty with his mother Judy Edwards. Judy Edwards is also a co-founder of this company. The present CEO of Squatty Potty is Bobby Edwards who has been working in the same position of the company since 2011.
Squatty Potty Benefits:
you’ll see some of the other much-touted benefits include:
- It helps relieve constipation.
- It saves you ample time in the bathroom.
- It lets you use less toilet paper during cleanup.
