“Ava The Elephant” got featured on Shark Tank USA in 2009 August. It was founded by Tiffany Krumins.
Ava The Elephant’s net worth in 2022
Here is an update on Ava The Elephant’s net worth so far.
|Ava The Elephant’s Current Net worth(2022)||16 Million USD|
|Ava The Elephant’s Net worth (before appearing on Shark Tank||90000 USD|
|Ava The Elephant’s Net worth [year between appearing and now] 2012||1 Million USD|
Ava The Elephant’s founder Tiffany Krumins has a net worth of 1 Million USD as of 2022.
Emma the Elephant was not a brand before Tiffany, took part in Shark Tank. This article will briefly describe AVA the Elephant, its owner, and the Shark Tank update after the particular episode.
What is AVA the Elephant?
Ava the Elephant is an innovative medicine dispensing product introduced to children. It is the only animated and talking medicine dispenser that allows mothers to give treatment.
Among thousands of products, it gained fame due to its shape and speaking ability. The product has been designed as an elephant.
The product says that.
“Ava makes taking medicine easy,” and the job is as easy as 1,2,3, and wide and open!
Who owns Ava the Elephant??
Tiffany Krumins is the founder of AVA the Elephant.
Tiffany had experienced the difficulties a woman has to face when giving medicine to children, as most of them are bitter and unpleasant. The attention diversion was her intention when she introduced AVA the Elephant.
The owner could turn the kid’s attention quickly as the Elephant consisted of music and an impressive look that could change the children’s attention.
Krumins was not having any trouble with her product as she was already growing her unique business. But, the growth was not enough as she could feel. That is why she had to take part in Shark Tank.
What happened at the Shark Tank
She had granted 15% of her Emma the Elephant business for just a $50,000 investment. When it comes to the actual value, it was just $333,333.
After the owner distributed the prototypes among the Sharks, Kevin wanted to state his idea. He said it was not an excellent decision to target children who hate bad-tasting medicine.
Daymond wanted to know why she suddenly needed fast growth in finance. Krumins stated that she wants to have a patent and expand it for a bigger audience.
Robert and O’Leary were uninterested and left, making a deal with Krumins. It was Barbara who accepted the deal. Barbara loved joining the business and said a few more changes would be made.
AVA The Elephant SHARK TANK UPDATE
The deal was made in 2012. Since then, lots of changes have helped with the AVA elephant business. First, it was Emma the Elephant, and then it became AVA the Elephant after the Shark tank episode.
Barbara had hinted that AVA looked like a neutral name and Emma looked like feline branding. That is why they had changed the name.
Along with that initial step, they started a product line. Barbara and Tiffany did great with the business, selling their product in more than 10,000 sales outlets.
What happened to AVA the Elephant After the Shark Tank
When it comes to the present-day update, Tiffany had stopped to work on AVA the Elephant with Barbara.
She had stopped the business due to conflicts. She got three children and had to fight against cancer in 2018. Tiffany had joined Baby Delight, and she produced a commercial for her Singing Elephant Product.
Competitors off AVA the Elephant
The Safety 1st Pacifier Medicine Dispenser, Nuby Medi-Nurser Medicine Bottle, Ezy Dose Kids Oral Liquid Medicine Dropper, and Spoon Kit, and Munchkin Inc products are a few of the Competitors of AVA the Elephant.