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 Revenue | N/A |
| Profits | N/A |
| Lifetime Sales | N/A |
| Shark Tank Investors | Andrew Banks and Naomi Simpson |
| Founder | Joshua Young |
| Employees | Over 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 name | AUUG |
| Product | Motion synth that transforms iPhone or iPod touch into a motion-based musical instrument |
| Episode | Season 02 Episode 09 |
| Founder | Joshua Young |
| Asked for | 50K AUD for 5% equity |
| Final deal | 100K AUD for a 20% equity |
| Sharks | Andrew Banks and Naomi Simpson |
| Location | Canberra, 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:
| Year | Accomplishment |
| 2016 | Appeared 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.