Mini Materials Miniatures | Shark Tank Season 15

Entrepreneur Jared Waters pitched his miniatures company during Shark Tank Season 15. Mini Materials makes miniatures that are used for constructing doll houses, dioramas, and 2-scale recreations. Everything from building supplies, to furniture, and more, if you can imagine it, Mini Materials probably makes it. Will the sharks want to materialize a deal? Find out in our Mini Materials update!

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

Jared Waters appeared on Shark Tank Season 15 but walked away without a deal. In terms of a Mini Materials update, the company received a nice boost in sales after airing on Shark Tank. Further, their website has plenty to offer, including a blog for building ideas!

Shark: Result:
Robert Herjavec  No offer
Mark Cuban No offer
Kevin O’Leary No offer
Lori Greiner No offer
Daymond John No offer

Shark Tank Mini Materials Update

Mini Materials update

  • Entrepreneur: Jared Waters
  • Business: Miniatures for dollhouses, dioramas, and 2-scale recreations
  • Ask: $100,000 for 20% equity
  • Result: No deal
  • Shark: None

Owner of Mini Materials, Jared Waters, says that his miniatures are not for your grandmother’s dollhouse. There’s a new generation of people making miniature art, and whatever they’re creating, his company has the Mini Materials that they need.

The company uses innovative techniques to make high-quality products, using real materials, and they’re made right here in the U.S.A. His miniatures are very realistic, and range from building supplies to furniture, and pretty much anything imaginable.

Although Jared’s presentation is entertaining, Kevin O’Leary wants to know why anyone would need such a thing. Jared simply responds by saying that people need joy.

The sharks are impressed with their samples, and surprisingly, they do seem to spark joy. Kevin admits that in 15 years of Shark Tank, he actually hasn’t seen anything like this.

Jared explains that he actually bought the business just over a year ago from one of the co-founders of a sub-Reddit. He ultimately paid $200,000 for it, which he paid for with a loan that he took against his home.

As far as margins are concerned, on an individual product basis, they range between 50%-93%. Within the last year, he’s had $200,000 in sales.

Christmas Gift Idea
Shark Tank Recap Stocking Stuffer Box

We’ve partnered with six companies to put together a Shark Tank Stocking Stuffer Box that’s worth $100! Here’s everything that’s in the box:

  • Sheets Laundry Club Travel Packs x2
  • Honey Bee Bars - 12 Pack
  • Snactiv Finger Chopsticks
  • FryAway Cooking Oil Solidifier
  • Pizza Pack
  • Nature’s Wild Berry Sampler Pack

We earn a commission if you make a purchase, at no additional cost to you.

Robert Herjavec wants to know about the cost. Jared says that a miniature wooden pallet, with a set of miniature concrete blocks, costs $4 to make, and retails for $20.

After hearing how pricey the items are, Daymond John asks what the average age of the user is, but Jared doesn’t know. When he can’t answer the question, Daymond drops out.

Robert wants to know about Jared’s story. Jared says he grew up in rural Idaho, and he’s a husband and dad.

He always wanted to be a business owner, but with so many responsibilities, he didn’t want to start from the ground up. Because of this, he purchased something already established.

Since he is profitable, and runs the business full-time, he pays himself $55,000 a year.

Kevin chimes in, and although he sees the appeal of the products, he doesn’t see it ever becoming investable. Because it’s quite literally so small, the business that is, he’s out.

Lori Greiner thinks the business is adorable, however, it’s just not for her. For this reason, she is also out.

Robert Herjavec thinks that Jared can get his business to $2-$3 million all on his own, which he says, will give him a good living. That said, he needs to see something bigger in order to invest in it, so he is out too.

Mark Cuban commends Jared for his entrepreneurial heart, however, he thinks it will take years and years to scale his business. Because Mark doesn’t want to take such a long journey, he is the next shark to go out.

Without any offers from the sharks, Jared is forced to leave Shark Tank without a deal. Will he manage to make big things happen for his Mini Materials regardless?

Keep reading our Mini Materials update to find out!

In terms of a Mini Materials update, the company is still in business and has continued to grow since Shark Tank. The company received a nice boost in sales after airing on the show, and the exposure has also helped get the word out about the company to hobbyists.

With the world of miniatures becoming more and more popular by the day, he at least received a nice advertisement slot on the show.

On the Mini Materials website, you can order custom printing on certain ‘building supplies’. They also have a blog with dozens of ideas for those who are into creating all sorts of projects on a miniature scale.

Once the dust settles, we will circle back around for a more official Mini Materials update!

In the meantime, check out our other company updates from Season 15 Episode 6 here:

For even more on companies and products, be sure to stop by our Season 15 Products Page!

Website | + posts

Jennifer is an avid Shark Tank fan that has been watching the show for years. She serves as Senior Editor at Shark Tank Recap and ensures that all our information is accurate and that our posts are up to date. Her favorite Shark Tank products are Le-Glue and Ring!