Gunnar Optiks - Shark Tank Update

Gunnar Optiks - glasses for looking at computers

Published

Season 9, Episode 22 Founded by Joe Croft In Business

Gunnar Optiks Details

Shark Tank Episode Details

Founders Joe Croft
Air Date 2018-02-11
Season & Episode Season 9, Episode 22
Initial Ask $750K for 5.0% equity
Deal Details Got deal: $750K for 5.0% equity from Lori Greiner
Estimated Yearly Revenue $6-10 million
Estimated Net Worth (4x estimated revenue) $32.0 million

The Shark Tank Pitch

Digital eye strain became a multimillion-dollar business opportunity when entrepreneurs recognized that increasing screen time was creating widespread vision problems and developed Gunnar Optiks as a specialized eyewear company dedicated to protecting eyes from the harmful effects of digital devices through scientifically engineered computer glasses and gaming eyewear. Their innovative approach combined advanced lens technology with ergonomic frame designs to filter blue light, reduce glare, and minimize the eye fatigue, dry eyes, and sleep disruption that plagued millions of computer users, gamers, and digital professionals who spent extensive hours staring at screens.

The company positioned itself at the intersection of health technology and lifestyle accessories, targeting everyone from office workers and students to professional gamers and digital content creators who needed functional eyewear that could enhance visual comfort and performance during extended screen sessions. Having already established market presence and brand recognition in the competitive eyewear industry, Gunnar Optiks entered Shark Tank Season 9 with proven products and customer base, seeking investment to accelerate growth and expand their market reach within the rapidly growing digital wellness and blue light protection market that was becoming increasingly relevant as screen usage continued proliferating across all demographics and age groups.

Where Are They Now?

The sharks evaluated Gunnar Optiks' established eyewear business with consideration of the competitive landscape in both traditional eyewear and emerging blue light protection markets, weighing factors including brand differentiation, customer loyalty, distribution channels, and the entrepreneurs' ability to scale operations while maintaining product quality and market positioning against larger eyewear manufacturers entering the digital wellness space. The company's existing market presence and proven sales likely influenced the sharks' assessment of investment opportunities and growth potential, though specific details about negotiations and shark responses remain limited from available sources.

Following their Shark Tank appearance, Gunnar Optiks leveraged the television exposure to continue building their brand awareness and expanding their customer base among digital professionals, gamers, and health-conscious screen users who valued specialized eyewear solutions for reducing digital eye strain. We found that Gunnar Optiks continues operating in the digital eye protection and gaming eyewear space, though specific details about their current market presence, sales volume, and financial performance remain limited, suggesting they have maintained their position as a specialized eyewear brand focused on computer glasses and gaming accessories rather than pursuing mass-market expansion, which is common for niche eyewear companies that prioritize product quality and specialized functionality over broad market appeal, particularly in markets where customer education about blue light protection and digital eye strain requires more targeted marketing approaches than traditional retail environments typically provide.

Revenue

$6-10 million

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