Ehan Kamat was a high school student who had a strong interest in horticulture and robotics. But Ethan was having trouble. Due to his foot pain, he found it difficult to concentrate on his schoolwork and pastimes. He developed the SoleMender with his father, Vinay Kamat, as a result of this suffering. One product that helps with foot pain is called the SoleMender. It rolls on the bottoms of the feet and cools.
Ethan was looking for a solution that would allow him to resume his interests. He brought the SoleMender to Shark Tank in the hopes of receiving funding. Ehan requested $75,000 for 10% stock from his father. Will the entrepreneur get a deal on Shark Tank? Check out SoleMender’s update to find out!
SoleMender Net Worth Shark Tank Update 2025
Ehan Kamat asked for a $75k investment in exchange for 10% equity in his company. This meant he valued his company at $750,000. He did not make a deal with any of the Sharks, leaving the valuation unchanged at $750,000. After the show aired, SoleMender saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of SoleMender is about $1.21 million.
After the SoleMender on Shark Tank failed to get a deal. The business however continued. His father and Ehan continued to work on their project. Over 2,000 copies were sold. Following Shark Tank’s broadcast, the product’s sales remained strong. It was given favorable reviews on Facebook and shown on QVC. Professional athletes who endorsed the product included track and field standout Jasmine Blocker.
In the future, Ehan attended UC Berkeley’s Haas School of Business. 2022 saw his graduation. Despite not landing the deal on Shark Tank the company is still thriving. The company’s website and Amazon both sell SoleMender. The company continues to operate and expand as of 2024.
In terms of a sole minister update, no sole minister was able to secure a Shark Tank deal. Ehan and his dad requested $75,000 for a 10% stake. They made a strong presentation of their business plan and product. Retailers were interested and sales were strong, but the sharks showed no interest. Uncertain of the cost of acquiring new customers Kevin O’Leary left.
The product, according to Barbara Corcoran lacked appeal. It did not fit well with Lori Greiner’s brand. Ehan was advised by Mark Cuban to concentrate on completing his education. Alex Rodriguez agreed with Ehan’s decision to concentrate on his studies. Every shark passed the bargain on.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Alex Rodriguez | out | N/A | N/A |
| Kevin O’Leary | out | N/A | N/A |
| Barbara Corcoran | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
SoleMender Shark Tank pitch
Ehan Kamat is the creator of SoleMender. He was a high school student when he came up with the idea for the product. Ehan loved robotics and gardening but he had a problem. His feet hurt a lot. He had to wake up early and do many things. Between his studies and hobbies, Ehan was always on his feet. This caused him a lot of pain. Ehan’s father Vinay saw his son struggle and wanted to help. Together they decided to make a product that would relieve foot pain.
They created SoleMender, a device that cools and rolls on the bottom of the feet. Ehan and his father faced many challenges in the early stages of developing the product. They had to figure out how to make it work. They also had to test it and get feedback. They spent a lot of time and effort to make the product just right. Despite the challenges, Ehan stayed focused and was determined to make the SoleMender a success.
SoleMender was introduced on Shark Tank by Ehan and Vinay. Ehan talked about how his foot pain had a profound impact on his life. He described how he balanced his hydroponic garden, robotics, and school. The agony in his foot was excruciating, even after all of his hard effort. He developed the SoleMender as a result. Barbara Corcoran was asked to test the product by Ehan. Barbara seems impressed after testing the foot massager.
In less than a year Ehan disclosed, they had sold $25,000 worth of merchandise. The product cost $10 to produce and is priced at $39.99. Additionally, Ehan and his father said that they had repeat orders every one to two weeks and that eleven retail locations were interested in carrying the product. The pitch looked good. Ehan had sales and interest from retailers. However, none of the sharks offered a deal. Despite this, Ehan and his father showed passion and determination to make the business work.
The sharks asked a lot of questions concerning the product. They were curious about what made it special and how it operated. The company’s potential for development also worried them. Kevin O’Leary enquired about acquiring new clients. He didn’t know how the Kamats were attracting new clients. Ehan clarified that word-of-mouth and one-on-one contact were the primary way they expanded.
The absence of “sex appeal” in the product worried Barbara Corcoran. She didn’t think the product was exciting enough to attract a lot of people. The SoleMender didn’t seem like a good fit for Lori Greiner’s business either. She favored goods that might expand rapidly and had a wider appeal.
Ehan was advised by Mark Cuban to concentrate on completing his education before committing to his firm full-time. He believed that Ehan’s schooling would allow him to acquire more expertise and knowledge. Alex Rodriguez concurred with Mark Cuban’s counsel as well. He believed that Ehan ought to complete his degree before concentrating entirely on his firm.
Nevertheless, Alex offered Ehan his business card after being impressed by his motivation. He promised to get in touch again later to check on the company’s progress.
The SoleMender evoked conflicting emotions in the sharks. Although Ehan’s story and the product impressed others, no one finally made an offer. They believed that the company was not yet prepared for investment. They were hesitant to make any transactions until they saw more progress. The initial dropout was Kevin O’Leary.
He believed the business was not prepared and was worried about the cost of acquiring new customers. Barbara Corcoran left as well. She believed there was little enthusiasm for the product and it would not be widely popular. Lori Greiner graciously said no.
She declined to invest, stating that it didn’t align with her brand. Ehan was instructed by Mark Cuban to concentrate on completing his education before pursuing the business full-time .Alex Rodriguez suggested they get back in touch later while offering his business card and encouraging Ehan to complete his degree. Ehan and Vinay did not receive a deal but they did get some helpful advice. They made the decision to carry on expanding their company without the sharks’ assistance.
What Went Wrong With SoleMender on Shark Tank?
The sharks’ skepticism about the product’s prospects was the primary reason SoleMender failed to close a transaction. The cost of acquiring new customers worried Kevin O’Leary. He had no idea how much it would cost to draw in new clients. O’Leary chose to leave without receiving a definitive response. The product according to Barbara Corcoran lacked “sex appeal.” She did not think it would make a big impression in the marketplace.
According to Lori Greiner, it did not blend well with her brand. She did not think she could market the product. Both Alex Rodriguez and Mark Cuban believed that Ehan should complete his schooling before focussing on the company full-time. They advised Ehan to prioritize his studies first. They did not believe that he should fully commit to the firm at this time. Despite the sharks’ lack of interest the company kept expanding and changing.
Product Availability
The purpose of the SoleMender foot massager is to alleviate foot pain. It rolls on the bottoms of the feet and cools. People with ailments like plantar fasciitis can benefit from the product. The price is $39.99. It costs $10 to produce. You can purchase SoleMender on Amazon and the company’s website. It has been commended for lowering inflammation and foot pain.
Facebook users have given it good feedback as well. Retail outlets also carry SoleMender. The product is well-liked by those who are always on their feet. Even professional athletes have endorsed the product.
Conclusion
SoleMender did not get a deal on Shark Tank. However, the business did not stop there. Ehan and his father continued to grow the company. They sold thousands of units and made multiple appearances on QVC. The product is still available on Amazon and the company website. Ehan graduated from business school in 2022. With more education and experience Ehan is ready to take his business further. The future of SoleMender looks bright.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
