By | 29 Jan 2023 at 3:13 AM
What Is AnyTongs? Did it Skyrocket after Shark Tank

What Is AnyTongs? A simple kitchen tool that can be used to convert any standard kitchen equipment into tongs. If you are unfamiliar with tongs, they are culinary equipment used to pick up and move food items such as vegetables. AnyTongs Tools is a one-stop shop for kitchen tongs of all types. In 2020, Tog Samphel, a product designer, founded AnyTongs. Samphel dropped out of college in 2004 because AOL gave him a job. AOL Entertainment employed him as an Experience Designer for one year.

Samphel is a product designer that has created digital and physical designs for several businesses. AnyTongs is a straightforward device that solves the problem of having multiple pairs of tongs. Samphel quit his job at Loop Company in January 2023 to focus solely on the firm. Samphel seeks money on Shark Tank Season 14 Episode 13. He approaches the sharks for $150,000 in exchange for 20% of the $750,000-valued enterprise. This is an interesting kitchen product that solves a genuine issue.

What Is AnyTongs?

AnyTongs is a kitchen accessory that converts a spoon or fork into tongs. There are several types of Utensils Tongs on the market, and we must purchase them in addition to Kitchen Utensils.

AnyTongs is the solution, eliminating the need to purchase multiple sets of tongs. If you have various spoons and forks in your kitchen, you may convert them into tongs using this device.

This object is constructed from plastic and a spring press device. It is simple to use and can accommodate any spoon or fork. One pack of this product costs $12.99 and two packs cost $19.99. This item is also available on Amazon.

Who Began AnyTongs?

AnyTongs was conceived by Tog Samphel, a product designer. In 2004, he left out of Montclair State University’s Art and Design programme because AOL offered him a job. For nine years, he worked as a designer for firms such as Nintendo of America, Sourcebits, ADP, Meta, LOOP, and AOL.

AnyTongs Earlier Than Shark Tank

In 2020, Samphel released AnyTongs. Samphel’s mother gave him the inspiration to create this product. When his mother required tongs for cooking, she would use plastic tape to convert a spoon or fork into a pair of tongs. Samphel then got the notion to create this product. In March of 2019, he began developing the device, and in May of the same year, he created the initial prototype. In August 2019, we began searching for a manufacturer, and in October 2019, after extensive searching, we located one.

Due to the COVID 19 Pandemic, we were unable to advance in 2020. On October 19, 2020, he launched a Kickstarter campaign with an aim of $10,000. This project received $33,454 from 974 backers on Kickstarter. Samphel’s wife and two daughters joined him in Product Delivery Time. By the end of 2020, all funders have gotten their rewards.

How Did AnyTongs’ Shark Tank Pitch Go?

Tog enters the Shark Tank and requests $150,000 for 20% of his business. Tog invests in AnyTongs as a solution to the problem of having too many tongs. Tog demonstrates how ordinary equipment may be transformed into cooking tongs. Tog enjoys designing items and has worked as a designer for numerous companies over the past decade. Tibet is the homeland of Tog’s family. His mother would attach plastic spoons to clothesline pins with tape to create tongs.

Their Kickstarter campaign intended to raise $10,000. They accumulated $33,000. The cost to sell two products is $19.99, whereas the cost to produce each item is $2. Since 2020, excluding sales from Kickstarter, they have generated $7,000 in revenue. COVID-19 produced numerous production issues, making it hard to do an inventory.

Tong began making AnyTongs version 2 in 2021. Versions 1 and 2 are notably distinct from one another. Version 2 of AnyTongs is constructed from superior materials. The cost of creating Version 2 is $1. Kevin O’Leary stated that he does not see any promise in this business, hence he is leaving. Robert Herjavec interpreted it as an omen, therefore he is eliminated.

Daymond John indicated that it is still early, therefore he will give $150,000 for 49 percent of the business. Daymond, according to Lori Greiner, has a terrific offer, thus she is no longer interested. Tog informed Daymond that he would counter with 40% equity, but Daymond responded that he would maintain his current stake of 49%. Tog accepts Daymond’s proposal. Finalize: Daymond John invested $150,000 in “AnyTongs” in exchange for 49 percent of the business.

AnyTongs Shark Tank Update

This episode of Shark Tank featuring Samphel aired on January 27, 2022, and this product was created by Samphel to remedy a genuine issue. This episode of “Shark Tank” was hilarious, and the founder’s pitch to the sharks was excellent. Tog Samphel and his group are being monitored to determine what happens next.

What is the net worth of AnyTongs?

AnyTongs is currently estimated to be valued approximately $306,000. As this device replaces multiple pairs of tongs and is necessary for many women in the kitchen. The global market for kitchen tools is projected to reach $2.7 billion by 2021, with a compound annual growth rate (CAGR) of 4.25 percent. In the coming years, this industry will experience rapid expansion.

AnyTongs Present Condition

This firm is managed by Samphel with assistance from his wife, Dawn, and two boys, Marcus and Jordan. Currently, Tog Samphel’s entire family runs this business. Numerous news outlets, including GadgetFlow, Tom’s Finds, Yanko Design, and Trendhunter, among others, have covered the company.

The firm is run by the Samphel family, whose headquarters are located in Clifton, New Jersey, in the United States. Currently, “Samphel” concentrates on kitchen-related items. It may go on to other products in the future. As of January 2023, AnyTongs remains in operation.