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AUUG Net Worth 2023 Update (Before & After Shark Tank)

AUUG, a motion synth that transforms iPhone or iPod touch into a motion-based musical instrument, was started by Joshua Young in October, 2013. As of September 2023, AUUG net worth is $2.6 Million. 

In June, 2016, they appeared on Season 2 of Shark Tank Australia and made a deal with Andrew Banks and Naomi Simpson, for 100K AUD for a 20% equity. The final valuation was 500K AUD, down from the founder’s initial estimate of 1 Million AUD.

In September 2023, AUUG is still in business. You can purchase their products from their official website. And also it  can transform your iPhone or iPod Touch into an expressive musical instrument.   

AUUG Net Worth

Net worth$2.6 Million
Annual Sales RevenueN/A
ProfitsN/A
Lifetime SalesN/A
Shark Tank InvestorsAndrew Banks and Naomi Simpson
FounderJoshua Young
EmployeesOver 25 employees

AUUG Net Worth Timeline

Net Worth 2023$2.6 Million
Net Worth 2022$2.3 Million
Net Worth 2021$2 Million
Net worth valuation 2016 after appearing on Shark Tank  $500K
Net worth valuation 2016 before appearing on Shark Tank  $1 Million

AUUG Pitch on Shark Tank

Company nameAUUG
ProductMotion synth that transforms iPhone or iPod touch into a motion-based musical instrument
EpisodeSeason 02 Episode 09
Founder Joshua Young
Asked for50K AUD for 5% equity
Final deal100K AUD for a 20% equity
SharksAndrew Banks and Naomi Simpson
LocationCanberra, Australian Capital Territory, Australia.

Don’t miss these product from Season 2

AUUG Founder

AUUG was founded by Joshua Young in 2013. AUUG’s founder, Joshua Young, has a net worth of 5 Million USD as of 2023.

Key accomplishments:

YearAccomplishment
2016Appeared on Shark Tank season 02 episode 09.

Conclusion:

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for AUUG and its continued success.

What do you think?

Written by GAG Team

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