Cooking Oil Solidifier
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FryAway is an innovative, plant-based powder designed to simplify the disposal of used cooking oil. When added to hot oil after frying, the powder solidifies the liquid into a manageable, solid form. This transformation allows for easy disposal in regular household trash, preventing common issues like clogged drains and environmental pollution caused by improper oil disposal. Developed with eco-friendliness in mind, FryAway offers a practical solution for both home cooks and professional kitchens aiming to manage waste responsibly.
For more information on the product, check out: FryAway Shark Tank
Entrepreneurs |
Laura Lady |
Product |
A 100% plant-based, non-toxic powder that solidifies used cooking oil, making it easy to dispose of in household trash. |
Investment Sought |
$250,000 |
Equity Offered |
10% |
Valuation |
$2.5 million |
Initial Sales |
$700,000 |
Retail Plans |
Scale production and bring her eco-friendly solution to even more homes. Shared that FryAway will launch in 1,100 Kroger stores by the end of 2022. |
Mark Cuban and Lori Greiner |
$250,000 for 22% equity |
Kevin O’Leary |
$250,000 for 10% equity |
Robert Herjavec |
No offer |
Daymond John |
No offer |
Mark Cuban and Lori Greiner offered $250,000 for 22% equity, which was accepted.
Following the episode’s airing, FryAway experienced a significant increase in orders, leading to temporary delays as the team worked diligently to fulfill them. This surge in demand underscored the product’s appeal and the effectiveness of its exposure on national television.
Capitalizing on this momentum, FryAway expanded its retail presence. As of August 2023, the product was available in over 1,100 stores across the United States, including major chains like Kroger. This strategic expansion made FryAway more accessible to consumers seeking an eco-friendly solution for cooking oil disposal.
To cater to varying consumer needs, FryAway diversified its product offerings. The company introduced different formulations tailored for specific frying activities:
These variations ensured that both casual cooks and professional chefs could find a FryAway product suited to their specific requirements.
Beyond its commercial success, FryAway has been recognized for its positive environmental impact. By providing a simple method to solidify and dispose of used cooking oil, the product helps prevent clogged drains and reduces water pollution. This eco-friendly approach has resonated with environmentally conscious consumers and has been featured in various media outlets.
The company has also engaged with the community through educational initiatives, raising awareness about proper oil disposal methods and the importance of environmental stewardship.
As of January 2025, FryAway continues to thrive, with an estimated net worth of $6 million and annual revenue of approximately $2.8 million. The company’s growth trajectory suggests a promising future as it continues to innovate and address common household challenges with environmentally friendly solutions.
In summary, FryAway’s journey post-Shark Tank exemplifies how innovative products that address everyday problems can achieve commercial success while promoting environmental responsibility.
After frying, sprinkle FryAway powder into the hot oil. As the oil cools, the powder solidifies it into a firm, gelatin-like substance that can be easily removed and disposed of in household organic waste or garbage.
