The HandyPan is a stainless steel cooking tool that appeared on Shark Tank Season 13, Episode 21. Co-founders Josh and Adam presented their business pitch for funding on the show. In this article, we will explore whether they secured funding from the Shark Tank television show.
The global commercial kitchen appliances market was valued at USD 83.83 billion in 2020 and is projected to reach USD 131.77 billion by 2027. While the market is competitive, larger companies could potentially replace products like HandyPan.
However, if HandyPan excels in branding and product quality, it could compete effectively with established kitchen appliance companies.
HandyPan is designed to help remove unwanted liquids from food during cooking. For instance, if you’re preparing street food and need to drain excess oil without losing any food, HandyPan provides a solution. The tool allows you to separate liquids like oil from your food easily.
Made from high-quality ceramic and stainless steel, the HandyPan is also easy to clean. It offers several features that enhance cooking convenience. The price of the HandyPan is $29.99.
| Company Name | HandyPan |
| Founder | Josh Conway and Adam Chaudry |
| Product | Stainless Steel Cooking Pan |
| Asked For | $10K for 20% Equity |
| Final Deal | $10K for 20% Equity |
| Shark | Lori Greiner |
| Episode (Shark Tank USA) | S13 E21 |
| Air Date | May 2, 2022 |
| Business Status | In Business |
| Net Worth | $500K *estimated |
Who Is The Founder Of HandyPan?
Adam Chaudry is the co-founder and principal managing partner of HandyPan, a product of Chaudway Enterprises. Another co-founder is Josh Conway. Chaudway Enterprises was launched in April 2015.
Adam has been a Criminal Defense and Civil Rights Attorney since 2014 and runs his own firm, Chaudry Law, LLC. He earned his Doctor of Law degree in 2013 from Capital University Law School.
Currently, the HandyPan brand under Chaudway Enterprises is performing well. While it is a unique product, there is a risk that larger brands could replicate it, which might affect its long-term success.
