Jiggy Puzzles, which debuted on Season 12 of Shark Tank, is a puzzle firm based in New York City that features the work of female artists. Kaylin Marcotte developed this creative company that specializes in translating art pieces into jigsaw puzzles, providing consumers with an interactive and entertaining product.
These aren’t your average puzzles; each one is meticulously created to mirror the beauty and complexity of the artwork it symbolizes.
Jiggy Puzzles focuses on puzzles as an artistic expression rather than just entertainment. Once the puzzle is finished, the original artwork is shown, showcasing the ingenuity and ability of female artists worldwide.
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What Is The Net Worth Of Jiggy Puzzles?
Jiggy Puzzles’ net worth is estimated to be $5 million. Jiggy Puzzles was valued at $3.33 million after getting an investment from Shark Tank’s Mark Cuban.
What Are Jiggy Puzzles?
Jiggy Puzzles is a one-of-a-kind company that has reimagined the traditional jigsaw puzzle. The company was founded to make puzzles more than just a game. The puzzles are designed by many female artists from throughout the world, adding to their inventiveness. The puzzles have a variety of designs, ranging from abstract art to detailed drawings.
But Jiggy riddles is more than simply the riddles. The firm is proud of its eco-friendly packaging and the inclusion of puzzle glue in each box to ensure that your completed work is preserved as a work of art.
When completed, the puzzles can be framed and displayed, offering a lasting sense of accomplishment. Jiggy Puzzles also fosters a sense of community among puzzle enthusiasts. They urge people to spend time alone, slow down, and appreciate puzzles.
The company intends for its goods to be more than just a recreational activity; it wants to provide a calm, contemplative experience that stimulates creativity and self-expression.
Jiggy Puzzles is a product that combines art, relaxation, and environmental awareness. They’ve turned a basic game into an aesthetic and contemplative activity that encourages creativity, relaxation, and camaraderie.
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Who Is The Founder Of Jiggy Puzzles?
Jiggy Puzzles was founded by Kaylin Marcotte. She was born and raised in the Midwest, where she developed an early interest in puzzles. Kaylin loved putting puzzles together so much that she pursued her hobby as an adult.
She has a university degree, and after finishing her studies, she expanded her passion of puzzles by beginning to develop her own jigsaw puzzles.
She saw that many people enjoy puzzles but do not have the time or expertise to make them. With this in mind, she created Jiggy Puzzles to appeal to this demographic, providing a diverse choice of themes and puzzle sizes for everyone to enjoy.
She made her puzzles accessible for purchase by listing them on several online marketplaces such as eBay and Amazon.
Jiggy Puzzles was founded in 2009, shortly after Kaylin finished her studies. She got a customer for her first puzzle less than two hours after posting it online, prompting her to officially launch her puzzle firm.
As puzzles got more popular, Kaylin noticed an increase in demand for unusual and diversified riddles, so she committed her time and attention to giving alternatives to typical puzzles.
Jiggy Puzzles was already a successful business before competing on Shark Tank in 2016. Marcotte sold her puzzles on numerous internet platforms, including Etsy, and she sold over 30,000 of them.
With no debt, her sales totaled an astonishing $2.25 million. This was accomplished through her innovative approach to puzzles, in which she merged classic puzzle aspects with the thrill of video games by giving puzzles comprised of bricks that could be constructed in various designs, with assembly instructions offered.
Her future plans were even more ambitious since she planned to expand her business and hire more people. As a result, she decided to bring Jiggy Puzzles to Shark Tank.
Despite not obtaining a deal with the show’s judges, her appearance increased Jiggy Puzzles’ visibility, and she continued to manage the firm successfully.
How Was The Shark Tank Pitch Of Jiggy Puzzles?
Jiggy Puzzles founder and CEO Kaylin Marcotte pitched Jiggy Puzzles on Shark Tank. She was looking for a $500,000 investment for a 5% ownership in her company, which was valued at $10 million. She came to the Sharks with a clear vision and big intentions for expanding her product range.
Jiggy Puzzles are unique in that they combine a classic puzzle with a video game. They are made out of bricks that may be constructed in a variety of designs, providing consumers with a demanding yet enjoyable experience. Kaylin felt that the Sharks’ investment would help her scale the firm, particularly in production and distribution.
Marcotte mentioned during her pitch that her company had produced $2.25 million in sales since 2019 without incurring any additional debt.
She also described her product’s popularity on online markets such as eBay and Amazon, saying how her first puzzle was purchased less than two hours after she listed it online. She also revealed that she had sold over 30,000 of her puzzles online via Etsy and other platforms.
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