A lot of individuals find it difficult to get ready in the morning especially if the bathroom is small. It is difficult to maintain organization when using makeup, hair products, or other bathroom supplies when there is not enough counter space. Melissa Clayton was all too aware of this issue. Her solution was The Matte a straightforward foldable surface that expands people’s space. Her invention extends counter space in small bathrooms or tight spaces by fitting over the washbasin.
In Season 12, Melissa brought her invention to Shark Tank in the hopes of finding a business partner to help expand it. She requested $100,000 in this episode in exchange for a 20% stake in her business. Will the entrepreneur get a deal on Shark Tank? Check out our The Matte update to find out!
the matte Net Worth Shark Tank Update 2025
Melissa Clayton asked for a $100k investment in exchange for 20% equity in her company. This meant she valued her company at $500,000. She made a deal with Lori for $100k in exchange for 33.3% of her company. This new deal valued her company at $300,000. After the show aired, The Matte 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 The Matte is about $438,000.
The Matte saw a sharp increase in sales following its appearance on Shark Tank. As soon as the episode aired Melissa witnessed a rapid growth in her business. Her exposure on Shark Tank enabled her to reach a wider audience and the product’s useful design won appreciation from users. Since then the business has grown consistently.
The Matte’s sales have surpassed $6 million by 2024. It has an enormous internet presence and is still in operation today. Customers can buy the product straight from the company’s website or via hundreds of favorable reviews on Amazon.com. As the business grows, Melissa is searching for new opportunities to expand her product offering and assist even more individuals who have tiny bathrooms or restricted space.
On Shark Tank, The Matte did indeed land a deal. At first, Melissa requested $100,000 in exchange for a 20% stake in her business. Nevertheless, just one shark made an offer after hearing her pitch. Lori Greiner offered $100,000 after seeing Melissa’s product’s potential, but she only wanted 33.3% of the company’s equity, not 20%.
Melissa responded by requesting that Lori accept 25% equity but Lori complied with her first proposal. Melissa gave it some thought and decided to accept Lori’s requirements. Melissa was able to expand her client base and increase her business thanks to this partnership.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Kendra Scott (Guest Shark) | out | N/A | N/A |
| Lori Greiner | $100,000 for 33.3% equity | $100,000 for 25% equity. | yes |
| Kevin O’Leary | out | N/A | N/A |
| Barbara Corcoran | out | N/A | N/A |
| Mark Cuban | out | N/A | N/A |
The Matte Shark Tank pitch
Melissa Clayton founded The Matte as a solution to the issue that many others encounter which is a lack of counter space in the lavatory. She was aware of the challenges of maintaining organization particularly while working with makeup and other items in a tiny area. Melissa had the brilliant idea to create an adaptable surface that could be placed over the washbasin to increase space without requiring any permanent space.
Her intention was to make something straightforward but powerful. Melissa had already achieved success in another jewellery-related firm she established. Her jewelry business was profitable enough for her to devote her full attention to creating The Matte. But Melissa had to overcome specific challenges in her path. Her weakness was marketing, and she had trouble getting the word out about her new product
Melissa confidently introduced her idea and business plan to the sharks as soon as she stepped into the Shark Tank. She clarified that the Matte is a foldable surface that individuals may use to free up counter space over their bathroom sink. Those who travel and require additional space in hotel rooms or those with small toilets found this to be of particular use. Melissa informed the Sharks that the product had been on the market for three years and had generated $200000 in sales.
She had sold $20,000 in the 30 days before her Shark Tank visit. The product cost $7 to create and sold for $24.99. Melissa was searching for a Shark to assist her in enhancing her marketing strategies and expanding the company. In an effort to expand her business, she requested $100,000 in exchange for a 20 % equity.
The Sharks have a number of questions regarding The Matte. The first person to speak up was Kevin O’Leary. He claimed he chose not to invest because he didn’t think the product had a future. Melissa replied that women understood her product better than males. She was confident that ladies would realize the benefits of her product particularly those with compact bathrooms. Mark Cuban also expressed his understanding of the issue.
He acknowledged how messy it could get because his girls had beauty items all over the bathroom. But Mark was also out since he didn’t think the product was a good investment for him. Although Barbara Corcoran thought the product was beneficial. She didn’t feel she wanted to invest in so she passed as well. Kendra Scott the guest Shark liked the idea but thought The Matte needed more work to perfect it so she also decided not to invest.
The final Shark to make an offer was Lori Greiner. She expressed her appreciation for the product on the grounds that it offered an easy fix for a typical issue. Lori realized that a lot of people may use The Matte because their bathrooms are small. But she was a little worried. Lori was aware that expanding the company and making the product better would need a lot of work.
Despite her reservations, she offered $100,000 in return for 33.3% of the stock. Melissa responded with a 25% equity since she thought her business was worth more. Lori remained with her initial offer and declined the counteroffer. Melissa considered her options and ultimately chose to accept Lori’s offer. After the deal was finalized. Melissa and Lori exited the Tank as her new business partner.
What Went Wrong With The Matte On Shark Tank?
Even though Melissa was able to close a deal, the majority of the Sharks decided not to offer anything to The Matte. Kevin O’Leary was the first to go because he did not see room for improvement. He didn’t believe purchasing the product would be an intelligent decision on his part. Although they recognized the product’s need, Mark Cuban and Barbara Corcoran didn’t think there was a significant enough market for them to invest in.
Although Kendra Scott found the product to be acceptable. She believed Melissa needed to make further improvements before it could be fully utilized. These were the explanations for the majority of the Sharks’ lack of offers. Nonetheless, Lori Greiner saw the potential of the product and accepted the task of helping Melissa expand the business.
Product Availability
For those with tiny bathrooms or little counter space, the Matte is an easy-to-use but efficient option. There’s extra space for makeup, hair products, and other bathroom necessities with this folding surface that fits over the sink. The product is ideal for usage at home or on trips because it is lightweight, portable, and easy to store. Pink and black are the two color options available to customers.
For those who wish to carry The Matte everywhere they go Melissa also sells a travel case. The official Matte website and Amazon where it has amassed hundreds of good ratings, are the places where you may buy the product. The Matte costs $24.99, and users adore how it keeps them organized in small spaces.
Conclusion
Melissa Clayton approached Shark Tank with an easy idea that provided a solution to a widespread issue. The Matte provides extra counter space for those with small bathrooms or those who travel often. Melissa had a rapid growth in her business following her agreement with Lori Greiner. After the show sales went off and The Matte has now earned more than 6 million dollars.
The product is still accessible today and Melissa is growing her company. An excellent illustration of how a straightforward useful concept can have a significant influence is The Matte’s journey on Shark Tank. We’re interested to see what Melissa has in store for her expanding business and how The Matte might help individuals stay organised and stress-free.
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.
