Jiggy Puzzles Update | Shark Tank Season 12

Stress can wreak havoc on our mental and physical health. That’s why when Kaylin Marcotte was faced with stress at work, she started working on jigsaw puzzles to de-stress. They worked so well in fact, that she created her own puzzle company, but with a good cause. Will the pieces fall into place for Kaylin, on Shark Tank Season 12? Find out in our Jiggy Puzzles update!

If you’re short on time, here’s a quick overview of what happened to Jiggy Puzzles after Shark Tank!

Jiggy Puzzles appeared on Shark Tank Season 12 and left with a deal from Mark Cuban for $500,000 for 15% equity.

In terms of a Jiggy Puzzles update, the company is now doing an estimated $4 million in annual sales and has released tons of new jigsaw puzzles!

Shark:	Result:
Mark Cuban	$500,000 for 15% equity
Kevin O’Leary	$100,000 for 15% equity and a $400,000 at 10% interest
Daniel Lubetzky	No Offer
Lori Greiner	No Offer
Robert Herjavec	No Offer

Shark Tank Jiggy Puzzles Pitch

• Entrepreneur: Kaylin Marcotte
• Business: Unique jigsaw puzzles with a social cause
• Ask: $500,000 for 5% equity
• Result: $500,000 for 15% equity
• Shark: Mark Cuban

Kaylin brought her company, Jiggy Puzzles, to Shark Tank Season 12 Episode 22. Her puzzles not only help to relieve stress but can also double as home decor.

In addition, Jiggy Puzzles also supports female artists around the globe. A portion of each sale goes to whoever the featured artist is who designs the puzzle art.

Jiggy Puzzles was created in November 2019, and the company has been growing rapidly In fact, in 2021, Kaylin expects to make $2.25 million.

With such a staggering number of sales in just a few years, it’s no surprise that the sharks are impressed by how well the company has done in so little time.

Puzzles sell between $40-$28 and cost $10 to manufacture. Additionally, the artists make between $3,000-$5,000 in the first run of the product.

Kaylin says she needs to partner with a shark that will help her grow the company. Further, she needs help expanding towards a subscription-based model.

Robert Herjavec loves the business idea, however, he doesn’t think the company will grow enough to get back his investment. For that reason, he is out.

Guest shark Daniel Lubetzy follows out next. He has an issue with Kaylin’s valuation and thinks she’s mainly benefiting from people being home during COVID-19.

Kevin O’Leary is interested and offers $100,000 for 15% equity. His offer also includes an additional loan of $400,000 at 10% interest.

However, Kaylin doesn’t want to give away too much equity and seems to have her eyes set on Mark Cuban. After pitching to the Dallas Mavericks owner directly, Mark responds by offering to invest $500,000, in exchange for 15% equity.

Still unsure about the deal, she goes back and forth, negotiating with Mark. However, he is not willing to budge and feels that his offer is fair.

After a few moments, Kaylin accepts, but not before securing a promise from Mark to match all non-profit donations the company makes in 2020.

Does Kaylin manage to keep things going strong following her time on Shark Tank? Keep reading our Jiggy Puzzle update to find out!

Shark Tank Jiggy Puzzles Update

Our Jiggy Puzzles update reveals great news! The company is going strong, with estimated annual sales of $4 million.

In May 2020, Kaylin was interviewed by the lifestyle magazine ELLE, just a few weeks after her Shark Tank appearance. She shared that since airing on the show, Jiggy Puzzles has been selling its unique puzzles like hotcakes, and has even featured celebrity-designed puzzles.

Our Jiggy Puzzles update also found that Kaylin has successfully launched a subscription service called Jiggy Puzzle Club.

Members get new products and promotions before everyone else with exclusive content and access to a private community of other members from the club.

In addition to puzzles, you can also buy frames. This is fitting since their company tagline is “Puzzles worth framing.”

Jiggy Puzzle Review

Kaylin was kind enough to send us a Jiggy Puzzle to review. I’m not much of a puzzle worker, but my mom works multiple puzzles a month, so I asked her to work it for me.

She has worked hundreds of puzzles so I figured that she would have the best insight.

After she worked it, I asked my mom for some thoughts on the puzzle. She said that she was impressed with how sturdy the puzzle pieces were and how well the pieces stuck together.

She also said that it was the perfect size to hang on the wall and would be big enough to be seen, but not too big that it’d be obnoxious.

Outside of my mom’s Jiggy review, the main thing that stood out to me was the presentation. It was packaged in a nice box and game with a reusable glass jar, puzzle glue, an art print, and a branded straight-edge tool to spread the glue.

Of course, the artwork was also stunning as well. Kaylin sent us the Stargazing puzzle, which you can see in the image above.

If you’d like to support Kaylin’s good cause you can grab a puzzle on the website. If you use the code SHARKTANKRECAP, you’ll save 15% on your order!

For more updates from Shark Tank Season 12 Episode 22, be sure to check out the links below:

• The Scrubbie Update
• The Bumbling Bee Update
• XTorch Solar Powered Flashlight Update

For more on Shark Tank Season 12, be sure to check out our Season 12 products page.