Foam Party Hats Shark Tank Update (Season 12)

Foam Party Hats is a company based in Houston, Texas, that offers fun-themed foam hats for every occasion.

In today’s world, people often look for ways to stand out and get attention, which is why customized items, like clothing, have become popular.

This family-owned business was created to help people express their individuality through hats. The company primarily caters to weddings, birthday parties, and corporate events, and also makes unique hats for festivals, sports events, and cruises.

The company offers over 600 hat designs listed on its website. Customers can also submit their own design ideas. After appearing on Shark Tank, they added a “Shark Tank Hats” section to their website.

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Who Is The Founder Of Foam Party Hats?

The company Foam Party Hats was founded by mother and son, Grace and Manuel Rojas.

Co-founder Manuel has a background in chemical engineering and studied in Houston, Texas. Grace is responsible for the hat designs in the business.

While Manuel oversees the marketing for the company, he also works as a chemical engineer. The business has a small team that sells hats online, including on platforms like Amazon.

Foam Party Hats Shark Tank Update

In the early days, Foam Party Hats was known in Texas cities, but after appearing on Shark Tank, the company gained nationwide recognition.

While many others have started similar businesses, Foam Party Hats has earned customer trust, leading to high sales. They typically see a surge in sales during peak seasons.

Lori Greiner’s deal with the company is still pending. To expand its offerings, the company has launched new products in various categories.

Their party hats are available on Amazon, and one of their best-selling products is the Crocodile Hat. In June 2022, they sold 1,674 Crocodile Hats.

The brand, based in the United States, ships to over 30 countries, including Spain, the UK, France, Singapore, Canada, Italy, China, Israel, and New Zealand.

The Crocodile Hats were featured at the February 2023 “Mardi Gras! Galveston” event. Foam Party Hats are now sold in over 750 stores across the U.S.

Founders Manuel and Grace Rojas delivered a compelling pitch on Shark Tank, securing funding that boosted the brand’s visibility and sales. Since the funding, many customers have purchased these hats for their parties.

As of March 3, 2023, the company had generated over $1.3 million in sales since appearing on Shark Tank.

With their products available in 750+ stores nationwide, the company has also invested in equipment to automate production. Foam Party Hats has seen impressive growth since its appearance on the show.

We’ll continue to follow Manuel and Grace Rojas, along with their company, for future updates.

What Is Foam Party Hats Net Worth?

Foam Party Hats has an estimated net worth of $1.2 million. The company was already experiencing strong growth before appearing on Shark Tank. Their Amazon store has received a great response from customers.

Yes, Foam Party Hats is still in business as of April 2024.