Ever wondered how a simple solution to a messy problem could turn into a multimillion-dollar empire? Fryaway's journey from a "Shark Tank" pitch to a $6 million valuation is a testament to the power of innovation and strategic partnerships.

Fryaway, the brainchild of Laura Lady, offers a straightforward yet ingenious solution to the pervasive problem of used cooking oil disposal. The product, a bag of powder, solidifies used cooking oil, making it safe and easy to discard with regular trash. Lady's appearance on Season 14 of "Shark Tank USA" in January 2023 marked a pivotal moment for the company. Seeking $250,000 for a 10% stake, valuing Fryaway at $2.5 million, Lady ultimately secured a deal with Mark Cuban and Lori Greiner, albeit with revised terms: $250,000 for 22% equity, which adjusted the company's valuation to approximately $1.14 million.

Attribute	Details
Full Name	Laura Lady
Occupation	Founder and CEO of Fryaway
Education	Details not publicly available
"Shark Tank" Appearance	Season 14, Episode 13 (January 2023)
Initial Ask	$250,000 for 10% equity
Final Deal	$250,000 for 22% equity with Mark Cuban and Lori Greiner
Company Valuation (at deal)	Approximately $1.14 million
Product	Cooking oil solidifier
Website	Fryaway Official Website

Fry Away Shark Tank Net Worth 2023 What Happened After Shark Tank? Insider Growth

Details

Detail Author:

Name : Mr. Wade Huel
Username : bud.pacocha
Email : hauck.leonel@gmail.com
Birthdate : 1992-02-11
Address : 6042 Moriah Ports Suite 090 Port Annabel, AL 31545
Phone : 1-575-517-9549
Company : Runte, O'Kon and Marks
Job : Educational Counselor OR Vocationall Counselor
Bio : Ut unde sunt quia nostrum enim. Fugit modi aut autem ullam quia quo voluptatum officia. Et est voluptatibus soluta quos enim.

Socials

facebook:

url : https://facebook.com/orval_hilpert
username : orval_hilpert
bio : Qui rerum maxime officiis eum. Qui eum odit cumque odio eos aliquid quis eos.
followers : 6520
following : 1272