AnyTongs is a kitchen tool that transforms regular utensils, such as spoons and forks, into tongs. While there are various types of utensil tongs available in the market, AnyTongs eliminates the need to purchase multiple specialized tongs.
If you have different spoons and forks in your kitchen, you can easily convert them into tongs using this tool. Made from plastic and featuring a spring press mechanism, AnyTongs is simple to use and easily attaches to any spoon or fork.
A single pack of AnyTongs costs $12.99, while a bundle of two is available for $19.99. The product is also available on Amazon.
Company Name | AnyTongs | |
Founder | Tog Samphel | |
Founded | 2020 | |
Product | Turns any simple spoon and fork into tongs tools | |
Asked For | $150K for 20% equity | |
Final Deal | $150K for 49% equity | |
Shark | Daymond John | |
Episode (Shark Tank USA) | S14 E13 | |
Air Date | Jan 27, 2023 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Clifton, New Jersey, US | |
Lifetime Worth (Sales) | $500K *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of AnyTongs?
AnyTongs was founded by Tog Samphel, a product designer. In 2004, he dropped out of Montclair State University, where he was studying Art and Design, after receiving a job offer from AOL.
Samphel worked as a designer for nine years at various companies, including Nintendo of America, Sourcebits, ADP, Meta, LOOP, and AOL.
How Was The Shark Tank Pitch Of AnyTongs?
Tog Samphel entered Shark Tank seeking $150,000 for 20% equity in AnyTongs, a solution to the problem of needing multiple tongs. He demonstrated how ordinary utensils could be converted into kitchen tongs.
With a passion for product design, Tog has worked as a designer for various companies for ten years. His family hails from Tibet, and his mother used to make tongs from plastic utensils and attach them to clothesline pins.
They launched a Kickstarter campaign with a goal of $10,000 and successfully raised $33,000. The selling price for two products is $19.99, with a production cost of $2 each.
Their return on ad spend is $1, and since 2020, they have generated $7,000 in revenue, excluding Kickstarter earnings. However, due to COVID-19, they faced significant manufacturing challenges, which hindered inventory production.
In 2021, Tog began working on AnyTongs Version 2, which features many improvements and is made with better materials. Version 2 also has a production cost of $1.
Kevin O’Leary expressed that he did not see potential in the business and exited. Robert Herjavec stated it was too early for him, so he also declined to invest.
Daymond John offered $150,000 for 49% equity, prompting Lori Greiner to withdraw, stating that Daymond had a strong offer. Tog countered with an offer of 40% equity, but Daymond remained firm at 49%. Tog ultimately accepted Daymond’s offer.
Finalize: Daymond John Invest $150K in “AnyTongs” for 49% Equity.
AnyTongs Shark Tank Update
This episode of Shark Tank, featuring Tog Samphel, aired on January 27, 2022. Samphel invented AnyTongs to address a genuine problem, and the episode was quite humorous, showcasing his excellent presentation skills.
We will continue to follow Tog Samphel and his company for further updates.
What Is AnyTongs Net Worth?
The current estimated worth of AnyTongs is $306,000. This product serves as a solution for those needing multiple tongs, making it a valuable addition to many kitchens.
Yes, AnyTongs is still in business as of April 2024.