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Accessories✅ Deal Made✅ Still Active
ReadeREST
Magnetic eyeglass holder that clips to your shirt without scratching lenses
The Pitch
Asked for
$150,000 for 65%
Season / Episode
S3 E9 (2012)
Final Deal
$150,000 for 65%
Investor(s)
Lori Greiner
About ReadeREST
ReadeREST is a simple magnetic clip that holds reading glasses securely to your shirt without damaging lenses. Lori Greiner invested and turned it into a QVC mega-hit.
Company Timeline
10
2010
Rick Hopper invents the magnetic eyeglass holder
12
2012
Appears on Shark Tank Season 3. Lori Greiner invests $150K for 65%
12
2012
Launches on QVC. Sells $1M in first appearance
15
2015
Cumulative sales exceed $10M
20
2020
Lifetime sales over $20M. Sold in 5,000+ retail locations
Where Are They Now?
Over $20M in sales — one of Lori's most beloved QVC products.
🦈 Shark Update
Lori Greiner took a majority stake and helped grow it into one of QVC's top-selling products.
#glasses#accessories#eyewear
