“Cate App” got featured on Shark Tank America in September 2012. The current net worth of Cate App is unknown, as the business is not in operation since 2013. And the product is no longer available in the market. According to our online research, Cate App went out of business in 2013.
| Cate App’s Net worth before appearing on Shark Tank | 1 Million USD (business valuation) |
| Cate App’s Current Net worth (2023) | Out of Business |
| Episode | Season 04 Episode 02 |
| Company name | Cate App |
| Product | Text and Voice massage hiding app |
| Founder | Neal Desai |
| Asked for | $50,000 in 5% Equity |
| Final deal | $70,000 for 35% Equity |
| Shark | Kevin O’Leary and Daymond John |
| Business status | Out of Business |
| Location | USA |
Cate App’s founder, Neal Desai’s net worth is unknown as of 2023.
Conclusion:
Some companies that appear on the show have not achieved great success, and the Cate App 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, the Cate App went out of business in 2013. And the product is no longer available in the market.