Readerest Specsecure Shark Tank Update
Novelties
What Happened to Readerest Specsecure After Shark Tank
Is Readerest Specsecure still in business? Yes — still in business and thriving.
$5M
reported annual revenue
- Deal with Lori Greiner for $150K/65%
- $13M in sales over first 3 years
- $5M annual revenue as of 2024
- Sold out on QVC in 5 minutes
- Expanded to reading eyeglasses
- Made founder Rick Hopper a millionaire
Last verified Apr 1, 2026.
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The Readerest Specsecure Shark Tank Pitch
Rick Hopper of Flower Mound, TX pitched Readerest Specsecure on Shark Tank Season 3, Episode 6, which aired Friday, February 24, 2012, asking for $150,000 for 15% of the company — a $1M valuation.
Lori Greiner agreed to invest $150,000 for 65% equity, valuing the company at $230,769. The deal closed after the show.
Pitch Details
- Aired
- S3E6Feb 24, 2012
- Ask
- $150,000for 15%
- Ask Valuation
- $1M
Deal Terms
- Amount
- $150,000
- Equity
- 65%
- Valuation
- $230,769
Lori Greiner