BusyBaby Mat, a Silicone placemat for babies, was started by Beth Fynbo in 2017. As of September 2023, BusyBaby Mat’s net worth is $5 Million. Their sales are growing and steady in the market.
On March 5, 2021, they appeared on Season 12 of Shark Tank USA seeking $250,000 for 5% equity valuing the company at $5 Million. However, the Sharks were not interested in investing in BusyBaby Mat. Sharks has made some offers but Beth was not willing to give up more than 15% of her company. So she walked away empty-handed.
BusyBaby Mat Net Worth
|Net worth||$5 Million (Business Valuation)|
|Annual Sales Revenue||–|
|Lifetime sales||$900,000 (2020)|
|Employees||25 to 50|
BusyBaby Mat Net Worth Timeline
|Net Worth 2023||$5 Million|
|Net Worth 2022||$4.5 Million|
|Net Worth 2021||$4 Million|
|Net Worth 2020||$3 Million|
|Net worth valuation in 2021 before appearing on Shark Tank||$5 Million|
BusyBaby Mat Pitch on Shark Tank
|Company name||BusyBaby Mat|
|Product||Silicone placemat for babies|
|Episode||Season 12 Episode 16|
|Asked for||$250,000 for 5% equity|
|Final deal||No Deal|
|Location||Oronoco, Minnesota, United States|
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BusyBaby Mat Founder
BusyBaby Mat was founded by Beth Fynbo in 2017. Beth Fynbo is an Army veteran. She is a resident of Oronoco, Minnesota. BusyBaby Mat’s founder, Beth Fynbo, has a net worth of USD 5 Million as of 2023.
|2023||BusyBaby Mat has helped to decrease the stresses of child care for parents|
|2021||BusyBaby Mat featured on Shark Tank in Season 12|
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 BusyBaby Mat and its continued success.