Stasher Net Worth Shark Tank Update 2025

Plastic bags were a problem for Kat Nouri. She packed her children’s lunches with them. She used them every day. She noticed how many bags were discarded. It disturbed her. She wished to resolve this issue. She began to consider alternatives to plastic bags. She came up with Stasher after giving it some thought. Stasher is a silicone bag that may be reused. Using it for food is safe.

Cleaning it is also simple. You can use the bag in both the oven and the microwave. The bag is secure and long-lasting. It’s airtight. The bags can also be stored in a freezer. Kat wanted to make an environmentally friendly product. She was looking for a solution to cut down on waste and preserve food. Kat appeared on Shark Tank. Will the entrepreneur get a deal on Shark Tank? Check out the Stasher update!

Stasher Net Worth Shark Tank Update 2025

Kat Nouri asked for a $400k investment for a 5% stake in her company, which meant she valued Stasher at $8 million. Mark Cuban offered $400k for 20% equity, and after a counteroffer from Kat, the deal was made at $400k for 15% equity, valuing the company at $2.67 million. After the show aired, Stasher saw a big increase in website traffic, sales, and social media exposure. With an estimated 20% yearly growth rate (typical business growth), the current net worth of Stasher is about $35 million.

Stasher saw a lot of success after the Shark Tank episode. The business expanded quickly. There were only a few bag sizes available at first. Soon it offered 14 sizes of bags. It began selling bowls as well. The business was able to reach more clients as a result. Stasher entered large retailers like Target in addition to selling online. This contributed to the company’s increased recognition.

Kat Nouri sold the business to SC Johnson following the Shark Tank episode. SC Johnson is a large business. They contributed to Stasher’s continued growth. Stasher was made available in a lot more locations thanks to SC Johnson. Kat stepped down as the CEO after the sale. She joined Stasher as a brand spokesperson. She focuses on other projects. She continues to work for the environment.

Today Stasher is still growing. It is still helping people stop using plastic. The company continues to sell its bags and bowls. It is also working on new products. In 2024 Stasher is still a strong business.

On Shark Tank, Stasher did indeed land a deal. Kat Nouri requested $400,000 for a 5% stake in her business. Mark Cuban made her an offer after her proposal. He made a $400,000 bid for 20% of the business. This proposition did not sit well with Kat. She desired greater control. Kat retaliated by 15%. Her counteroffer was accepted by Mark.

The agreement was reached. However, things did not turn out as planned. Later Kat secured new investors. A friend’s brother invested $500,000 in her. As a result, she was able to keep expanding the company. Kat continued to work on the business despite the failure of the contract with Mark Cuban. She kept creating Stasher and marketing it. Stasher became more well-liked.

In 2019 Kat sold the company to SC Johnson. This helped the company expand even more. So while the deal with Mark Cuban did not go through Kat found another way to grow the business.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Rohan Oza (Guest Shark)	Out	N/A	N/A
Lori Greiner	Out	N/A	N/A
Robert Herjavec	Out	N/A	N/A
Barbara Corcoran	Out	N/A	N/A
Mark Cuban	$400,000 for 20% equity along with a $400,000 line of credit	$400,000 for 15% equity along with a $400,000 line of credit.	N/A

Stasher Shark Tank pitch

The creator of Stasher was Kat Nouri. She noticed the issue with plastic bags and had the idea. She packed lunches for her children in plastic bags. She noticed how many bags she had thrown out. She was trying to figure out how to stop the waste. Kat made a decision to improve things. Her goal was to create a reusable bag. It would be environmentally beneficial. Food would also stay fresher longer.

Kat had the notion to make a silicone bag. The bag would be completely sealed. It could be used in the oven and microwave. It might be used in the freezer as well. Food would be safe to use the silicone. Cleaning was also a breeze. Kat put a lot of effort into creating the product. She had a lot to learn about product manufacturing. Kat has no prior product manufacturing experience before Stasher.

It was something she had to learn on the fly. She spent a lot of time developing her concept. She used her own children to test the bags. She was concerned about their usefulness and safety. The bags performed admirably. They could be used repeatedly and were long-lasting. Kat was aware that she had something positive. She wanted her product’s excellence to be seen by others.

She made the decision to go on Shark Tank at that point. Kat’s visibility was aided by the show. It enabled her to present her concept to the world. She wanted to give them a better option. Stasher was that option. Kat had a clear mission. She wanted to help the planet and offer people a better way to store food.

Kat walked confidently into the Shark Tank pitch. She wanted Stasher’s greatness to be seen by the sharks. She began by discussing the issue of plastic bags. Using plastic bags is bad for the environment. They are used just once before being discarded. Kat clarified that this issue might be resolved via Stasher. Stasher is a food-grade silicone reusable bag. Food may be stored safely.

The bags are secured by a pinch lock. The bags remain airtight as a result. Food can be stored in the bags. They can also be used to marinate food and pack lunches. It is safe to use a dishwasher. It is also suitable for use in the microwave and freezer. You may even use the bags in the oven. Stasher became a multipurpose product as a result. Kat explained that the bags come in different sizes.

Already, the product was selling well. Stasher’s sales in its first year exceeded $1.5 million. The majority of these purchases were made online. “I want to use the $400,000 to help scale the business,” Kat clarified. She aimed to increase Stasher’s output and distribution. She also intended to distribute and market the funds. Stasher was reasonably priced, Kat clarified.

The price range for the bags is $9.99 to $19.99. The product was accessible to a large number of individuals due to its price range. Kat thought Stasher was superior to less expensive plastic substitutes. She was aware of people’s concern for sustainability. She was certain that Stasher would be preferred to plastic bags.

The sharks had a lot of questions. Robert Herjavec asked about the cost of the bags. Kat explained that it costs $1.50 to make each bag. The bags sold for $9.99 to $19.99. This gave the company a good profit margin. The sharks were curious about Stasher’s sales. Kat told them that the company had made $1.5 million in sales in the first year. Most of the sales came from online stores.

The sharks were impressed by these numbers. They saw that the company was already growing. Rohan Oza asked about Stasher’s marketing. Kat said she had used social media to promote the product. She worked with influencers to get the word out. This helped Stasher reach a larger audience. The sharks also wanted to know about the competition. Kat explained that there were other reusable bags on the market.

But Stasher was different. It was made from food-grade silicone. This made it safer and more durable than other bags. Stashers can be used in the microwave and oven. Other bags could not do this. The stasher was also airtight which made it better for food storage. Lori Greiner asked about the price. She wanted to know if people would buy a more expensive product.

Kat explained that Stasher was a better product than plastic bags. She believed people would be willing to pay more for a sustainable solution. The sharks wanted to know how Kat planned to scale the business. Kat said she needed the investment to increase production. She also wanted to get Stasher into more stores.

The sharks responded to Stasher in different ways. Mark Cuban seems intrigued. He recognized Stasher’s talent. He made a $400,000 bid for 20% of the business. Kat was unwilling to forfeit 20%. Her response was 15%. Her counteroffer was accepted by Mark. They struck an agreement. However further events did not proceed as expected. Kat located additional investors. A friend’s brother gave her a $500,000 investment.

As a result, she was able to expand the company without sacrificing much control. The other sharks weren’t all that intrigued. The product was unclear to Robert Herjavec. He left school. The product according to Barbara Corcoran was too costly. She also left school. Lori Greiner and Rohan Oza thought about collaborating but ultimately chose not to invest. This left Mark Cuban as the only shark still interested. Kat accepted his offer. However,r she later found other ways to fund the business. She continued to grow as a Stasher.

What Went Wrong With Stasher  On Shark Tank?

Some sharks did not like Stasher. Robert Herjavec did not understand the product. He dropped out. Barbara Corcoran thought Stasher was too expensive. She also dropped out. Rohan Oza and Lori Greiner were interested but decided not to invest. Mark Cuban was the only shark who offered a deal. Kat countered with 15% equity. Mark accepted her counteroffer. But Kat later found another way to fund the company. She secured a $500,000 investment from a friend’s brother. This helped Stasher grow without the deal with Mark Cuban.

Product Availability

Stasher can be bought on many websites. The company sells its products online. It is also available on Amazon. You can also find it in stores like Target. Stasher sells many products. It offers different sizes of bags. It also sells bowls. Prices range from $7.99 to $36.99. The bags are designed to last for up to 3,000 uses. Stasher has partnered with Terracycle. This helps customers recycle the products when they are no longer needed. Stasher’s mission is to reduce plastic waste.

Conclusion

Stasher has come a long way since its time on Shark Tank. The company has grown and become more popular. Kat Nouri’s hard work has paid off. She sold the company to SC Johnson in 2019. Today Stasher is still going strong. The product is in stores and online. The company continues to help people reduce plastic waste. Stasher is working to expand even more. In 2024 the company continues to grow and make a difference.