Pick-Up Bricks is a vacuum product that helps in quickly collecting brick toys. This business was started by brother-in-law and sister team Steve Weinstock and Aurora Weinstock. Aurora came up with the idea of this vacuum product after suffering foot injuries from leg bricks thrown by her children.
After the product idea, Aurora started working on the prototype and after 4 years of hard work, the world’s first kid-safe Pick-Up Bricks vacuum was ready.
Many children play with LEGO bricks and after the game is over, every brick is found lying on the ground, which has a high chance of foot injury. This vacuum product has been brought into the market to prevent foot injuries caused by brick toys and to increase the curiosity of children.
The video of this vacuum product went viral on the social media platform TikTok in January 2023. Apart from this, it was also featured in Today Show and other media. After this, the sales of the product got boosted.
To expand their business, Steve and Aurora appeared on Shark Tank Season 15 Episode 8 and asked the Sharks for $200,000 for 10% equity. After some negotiations, Mark Cuban and Lori Greiner invested $200,000 in the business for 16% equity.
What Is Pick-Up Bricks?
Pick-Up Bricks is the world’s first kid-safe vacuum that helps collect bricks. Along with collecting bricks, it also separates dog hair, cat hair, and other dirty things.
The retail cost of this product is $99 but in sales, the price goes up to $69. You can buy this product from the company website or Amazon.
Company Name | Pick-Up Bricks | |
Founder | Steve Weinstock and Aurora Weinstock | |
Founded | 2021 | |
Product | world’s first kid-safe vacuum | |
Asked For | $200k for 10% equity | |
Final Deal | $200k for 16% equity | |
Shark | Mark Cuban | Lori Greiner |
Episode (Shark Tank USA) | S15 E8 | |
Air Date | Dec 8, 2023 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Los Angeles, California, USA | |
Lifetime Worth (Sales) | $348k *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Pick-Up Bricks?
The Co-Founders of Pick-Up Bricks Business are Steve Weinstock and Aurora Weinstock. Aurora started this business after studying BA, in Communication and Media Studies at Fordham University.
How Was The Shark Tank Pitch Of Pick-Up Bricks?
Steve Weinstock and Aurora Weinstock both entered Shark Tank and got $200k for 10% equity from the Sharks after they explained their business in detail.
The landed cost of the product is $32.64 and the retail price is $99. Work on product development started 4 years ago but the product went on sale in June 2023.
Their cost per acquisition in Survati used to be $26 but now it has come down to $11. So far they have made total sales of $348,000. Till now they have invested a total of $495,000 in this business.
Currently, they have an inventory issue so they need funding so that they can increase the inventory. They also said that 75% of their annual sales happen during holidays.
Kevin O’Leary said that after investing in this business, he has to wait a long time to get a 10x return and it is not easy to grow in the toy industry. Because of this, he is out.
Daymond John offered $200k for 20% equity. Barbara Corcoran Offered $400k as a line of credit for a 20% equity. Lori Greiner matched Daymond’s offer of $200k for 20% equity.
Mark Cuban offered $200k for 12% equity. Lori Greiner countered for 15% equity, then Daymond John countered $200k for 15% equity.
Steve asked for $200k in exchange for 15% equity to team up with Mark Cuban and Lori Greiner. Mark countered 18% equity. Aurora countered Mark and Lori’s 16% equity and the deal was done.
Sharks | Offers |
---|---|
Barbara Corcoran | $400k as a line of credit for a 20% equity (#1) |
Kevin O’Leary | No Offers |
Mark Cuban | $200k for 12% equity (#1) |
Daymond John | $200k for 20% equity (#1) $200k for 15% equity (#2) |
Lori Greiner | $200k for 20% equity (#1) $200k for 15% equity (#2) |
Founder’s (Countered) | $200k for 15% equity (#1) (Lori & Mark) |
Final Deals | $200k for 16% equity |
What Happened To Pick-Up Bricks After Shark Tank?
Pick-Up Bricks gets a deal on Shark Tank. Mark Cuban and Lori Greiner invested $200,000 in the business for 15% equity. Mark and Lori are great mentors who can help us take this product to retail stores and launch the product in international markets.
What’s new on Pick-Up Bricks
Last Update: December, 2023
After seeing this product in Shark Tank, many people shared reviews on the new product on social media and most of the reviews were positive. 2023 Christmas is coming and this December the sales of this product will increase many times.
Pick-Up Bricks Shark Tank Update
After this business got the deal, people from outside came to know about this unique kids’ vacuum product through social media. Both Mark and Lori have created many brands and hopefully, they will take this business internationally.
What Is Pick-Up Bricks Net Worth?
Pick-Up Brick’s net worth is estimated at $0.4 million. The toy industry is a huge market and there are many big companies present in this industry. It is difficult for a new company to survive in this industry. According to some reports, the toy market size in the United States was estimated at US$24.34 billion in 2022 and the global toy market size is US$183.0 billion.
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 | $348k *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
2023 | $200K | Mark Cuban Lori Greiner |
Is Pick-Up Bricks Still In Business?
This business started sales around June 2023 and after some time the sales reached thousands of dollars. At present, this business is performing very well and sales are also good.
The headquarters of this company is in Los Angeles, California, United States, and 1-10 employees are working in it.
Yes, Pick-Up Bricks is still in business as of December 2023.
frequently asked questions
Who founded Pick-Up Bricks?
Pick-Up Bricks was founded by Steve Weinstock and Aurora Weinstock.
Did Pick-Up Bricks get a deal on Shark Tank?
Pick-Up Bricks got a deal on Shark Tank, and Mark Cuban and Lori Greiner invested in this business.