Alex Furmansky created Budsies in 2013 to bring children’s drawings to life as custom plush toys. While Budsies didn’t secure a deal on Shark Tank in 2015, the appearance boosted its popularity.
Since then, the company has expanded to include Petsies, offering custom plush versions of pets. By 2025, Budsies had made over 200,000 plushies and is valued at $2 million, with annual revenues matching this figure.
The business continues to grow under new leadership, providing personalized keepsakes that delight children and families worldwide.
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Budsies Net Worth
Net worth | $2 million (2025) |
Annual Sales Revenue | $2 million |
Founder | Alex Furmansky |
Employees | 15-20 |
Budsies Pitch on Shark Tank
Company name | Budsies |
Product | A business that turns kids’ drawings into custom stuffed plush dolls |
Episode | Season 06 Episode 24 |
Founder | Alex Furmansky |
Asked for | $100,000 for 5% equity |
Final deal | No deal |
Shark | None |
Location | Boynton Beach, Florida |
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Budsies Founder
Alex Furmansky founded Budsies in 2013. Alex graduated from the University of Pennsylvania, specializing in engineering. Later on, he pursued an MBA at Wharton University. Budsies is a result of Alex’s academic skills, entrepreneurial skills as well as personal experience growing up with a younger sister who loves drawing and playing with plush toys. Alex stepped down from Budsies in 2021, and Scott Meier took his position. Alex is now pursuing his other career ventures. Budsies’s founder Alex Furmansky’s current net worth is unavailable as of 2024.
Key accomplishments
Year | Accomplishment |
2015 | Budsies got featured on Shark Tank |
2023 | The company has customized over 200,000 plush toys up to date |
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 Budsies and its continued success.