Mini Materials is a business that specializes in selling miniature construction supplies. They offer small-sized materials for various applications, including building, concrete work, flooring, roofing, and outdoor projects.
With these miniature materials, customers can create a variety of structures, such as small tables, houses, and walls. Mini Materials provides free miniature blueprints to assist in building these projects.
Additionally, customers can purchase sand prints in different designs. The company also sells custom-printed wood pallets and crates, cinder blocks, and red blocks.
| Company Name | Mini Materials | |
| Founder | Jared Waters | |
| Founded | 2022 | |
| Product | Mini Construction Supplies | |
| Asked For | $100k for 20% equity | |
| Final Deal | No Deals | |
| Shark | No Sharks | |
| Episode (Shark Tank USA) | S15 E6 | |
| Air Date | Nov 3, 2023 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Portland, Oregon, USA | |
| Lifetime Worth (Sales) | $0.2M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Mini Materials?
The current owner of Mini Materials is Jared Waters. He has experience in various fields, including roles as a Climbing Wall Supervisor, Wildland Firefighter, Front Desk Agent, and Customer Service Specialist.
Jared worked as a customer service representative at Netflix for two years and held various positions at Business Valuation Resources, LLC for one year.
How Was The Shark Tank Pitch Of Mini Materials?
After appearing on Shark Tank, Jared Waters sought $100,000 for 20% equity at a $500,000 valuation. He explained the concept of small-sized construction materials to the Sharks.
The product went viral on Reddit, generating significant sales. In 2022, Jared acquired the business from Mat Hofma and Erik Polumbo for $200,000.
He projected sales of $200,000 for that year and made a profit of $55,000 from these sales. Despite his efforts, all the Sharks declined to invest in the business.
Sharks Offers list!
| Sharks | Offers |
|---|---|
 Robert Herjavec | No Offer |
 Kevin O’Leary | No Offer |
 Mark Cuban | No Offer |
 Daymond John | No Offer |
 Lori Greiner | No Offer |
| Final Deals | No Deals |
Mini Materials Shark Tank Update
Mini Materials did not secure a deal on Shark Tank, as most Sharks felt it was a new product and not yet investable.
However, many users have shared their opinions on social media, with most describing it as a very interesting product.
During his pitch, Jared delivered an engaging presentation, explaining his business model and the potential for growth. There was significant discussion among the Sharks regarding the company’s valuation, marketing strategy, and future plans.
What Is Mini Materials Net Worth?
Mini Materials has an estimated net worth of $0.2 million. Although the business has been operating since 2015, it saw significant development after being acquired by Jared in 2022, which led to the creation of various Mini Constructor products. Nowadays, many businesses manufacture and supply small construction materials using 3D printing technology.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2023 | *estimated |
| 2022 | $200k *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| N/A | N/A | N/A |
This product is excellent for children, as it enhances their critical thinking skills and encourages them to develop new ideas.
