Pair Eyewear Shark Tank Update

Pair Eyewear Shark Tank Pitch

Nathan Kondamuri and Sophia Edelstein appeared on Shark Tank Season 11, Episode 14, which aired on March 5, 2020, with customizable glasses for children.

Pair Eyewear is listed in the Cosmetics Beauty category. In plain terms, the business is described as customizable glasses for children.

Pair Eyewear asked the Sharks for $400,000 for 10%, implying a valuation of about $4 million.

On the show, Pair Eyewear made a listed deal with Lori Greiner for $400,000 for 10% + $1.5 royalty until $400,000 is repaid.

If treated as straight equity, the listed deal works out to about $4 million implied valuation, roughly the same implied valuation as the ask.

This pitch is included as context for the more important question: what happened after Shark Tank.

Pair Eyewear After Shark Tank

Pair Eyewear accepted a Shark Tank deal on air, but the company's bigger story came after filming: it turned customizable top-frame glasses into a fast-growing direct-to-consumer eyewear brand. (Pair Eyewear Shark Tank update

Follow-up reporting describes Pair as a major Season 11 winner rather than a small royalty product. The brand expanded from kids' frames into adult eyewear, licensed designs, seasonal tops, and a much broader fashion-accessory model. (Pair Eyewear follow-up reporting

PairEyewear.com is active with base frames, magnetic top frames, sunglasses, and branded collections. The current business is much larger and more differentiated than the starter note captured. (Pair Eyewear official site

Sources

Sources used for this page: Shark Tank API pitches