Boo Boo Goo is a paint-on liquid bandage. This was started by Andrew Kavovit. Boo Boo Goo’s net worth was $588,000 in 2014, based on the Shark Tank of deal $100,000 for 17% equity.
In 2014, they appeared on Season 5 of Shark Tank USA and made a deal with Kevin O’Leary, $100,000 for 25% of equity.
Boo Boo Goo is an innovative product that replaces ordinary children’s bandages, and it gained much popularity after the Shark Tank pitch. However, the company has gone out of business in 2016. As of October 2023, Boo Boo Goo is no longer running operations.
Boo Boo Goo Net Worth
| Net worth | $400,000 (2014) |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investor | Kevin O’Leary |
| Founder | Andrew Kavovit |
| Employees | – |
Boo Boo Goo Net Worth Timeline
| Net Worth 2023 | Out of business |
| Net Worth 2022 | Out of business |
| Net Worth 2021 | Out of business |
| Net Worth 2020 | Out of business |
| Net worth valuation in 2013 after appearing on Shark Tank | $400,000 |
| Net worth valuation in 2013 before appearing on Shark Tank | $588,000 |
Boo Boo Goo Pitch on Shark Tank
| Company name | Boo Boo Goo |
| Product | Paint-on liquid bandage |
| Episode | Season 05 Episode 20 |
| Founder | Andrew Kavovit |
| Asked for | $100,000 for 17% Equity |
| Final deal | $100,000 for 25% Equity |
| Shark | Kevin O’Leary |
| Location | United States |
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Boo Boo Goo Founder
Andrew Kavovit is the founder of Boo Boo Goo. Andrew is mostly known as an actor. However he also became a successful entrepreneur. He initiated the idea of Boo Boo Goo with her six-year-old order. Boo Boo Goo’s founder Andrew Kavovit has a net worth of 6 million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2014 | Appeared on Shark Tank season 5 and won a deal |
Conclusion
Some companies that appear on the show have not achieved great success, and the Boo Boo Goo was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Boo Boo Goo went out of business in 2016. And the product is no longer available in the market.