What Happened To Original Stretchlace After Shark Tank?

Stretchlace After Shark Tank Update: The Original Stretchlace is an elastic shoelace and works like a regular shoelace it is just like lace-ups. This “Stretchlace” can be used to replace any shoe with a slip-on. It’s quite simple it can happen with any shoe. This elastic shoe is comfortable and stretches quite well. Apart from this, it is easy for everyone to use it.

Jamie started this business in 2015 because she fell ill while tying her children’s shoes. Her husband David also helped a lot to make this business idea successful.

Most people do not focus much on shoelaces, but sometimes they have to face a lot of problems because of these shoelaces. shoelace is used to tie a shoe properly, but when it comes to taking off the shoes, it becomes difficult.

What Is The Original Stretchlace?

The Original Stretchlace is an elastic shoelace And through this, it becomes very easy to take off the shoes. This Lace supports things like bounce, stretch, jump, run, etc. Through this, all movement can be done no matter what the activity may be.

This elastic stretch shoe offers a classic look over the shoes and boots. This look is perfect for everyone like Athletes, Kids, Elderly and Mobility Impaired, Casual Dress, and many more.

It adjusts with the shoes much better than normal laces and provides a comfortable fit. This Lace comes in 9 different lengths and 15 colors. You can buy these Laces from Amazon or its website.

Who Is The Founder Of The Original Stretchlace?

The original Stretchlace is owned by Jamie Montz. Jamie was the Director of ecommerce at Amazon for Plant Therapy for 1 year and 5 months. After studying Bachelor of Science, in Business Marketing from the University of Idaho, she became an MSN/Bing Marketing Manager for 2 years in Aquent.

Jamie’s husband David Montz is the CTO of Sunstate Equipment Co., LLC who joined it on Sept. 2022. David helps his wife a lot in this business. David studied management at the University of Idaho and was also the founder of the retail store Zeebis.

Original Stretchlace Shark Tank Update

Company Name	The Original Stretchlace
Founder	Jamie Montz and David Montz
Founded	2015
Product	Shoelaces that switch your shoes from laced to slip-ons
Asked For	$100k for 15% equity
Final Deal	$100k for 30% equity
Shark	Robert Herjavec
Episode (Shark Tank USA)	S12 E4
Air Date	May 14, 2021
Business Status	In Business
The Original Stretchlace Net Worth	$1M *estimated
Headquarters	Los Angeles, California, United States
The Original Stretchlace Instagram	View Profile
GO TO AMAZON	Buy Now

Also Read This: What Happened To Touch up Cup After Shark Tank?

The Original Stretchlace On Shark Tank Pitch

Jamie and David entered the Shark Tank episode and asked the Sharks for $100,000 for 15% equity at a $666K Valuation. They pitched the shark and told their story.

All the Sharks were out after this pitch, however, Robert came again and offered $100,000 for 33% equity.

Entrepreneur countered 25% equity due to this there was no response from Robert again Entrepreneur countered 30% equity Robert agreed.

Robert invested $100,000 in Stretchlace in exchange for 30% of the equity.

Stretchlace Net Worth

This business signed a deal with Shark Tank at a valuation of $333K. We think Stretchlace net worth would be $1 million.

Is Stretchlace Still In Business?

Yes, The Original Stretchlace is still in business as of September 2022.

This Shoelace is very good for those who have Parkinson’s disease, autism, or a broken hand, arm, foot, or leg problem.

Jamie is engaged in selling this product on other platforms so that this product can be reached more users. Jamie is currently working her business full time.

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