"Cate App" Net Worth 2023 Update

Cate App was designed to help users maintain privacy in their phone communications by hiding text messages and calls. Ideal for those seeking discretion, the app automatically filters incoming messages and stores them in a secure, password-protected space.

This feature ensures confidential conversations remain hidden from prying eyes. Cate App appeared on Shark Tank in 2013, where founder Neal Desai pitched his privacy-focused app. Although the app gained attention, it did not secure a deal with the Sharks, leading to challenges in scaling the business.

Following the show, Cate App struggled to maintain momentum and eventually became inactive. As of 2024, the app is no longer available, and the business has ceased operations.

Cate App Net Worth

Net worth$1 million (2023)
Annual Sales RevenueNot available
Lifetime salesNot available
InvestorsKevin O’Leary and Daymond John
FounderNeil Desai

Cate App Pitch on Shark Tank

Company nameCate App
ProductCall and text eraser app
EpisodeSeason 04 Episode 02
FounderNeil Desai
Asked for$50,000 for 5% equity
Final deal$70,000 for 35% equity
SharksKevin O’Leary and Daymond John
LocationUSA

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Cate App Founder

Cate App was founded by Neil Desai. The company launch date is unknown. Neil is a very smart software developer and also very passionate about the business. Cate App’s founder, Neal Desai Networth is unknown as of 2025.

Key accomplishments

YearAccomplishment
2013Cate App gained over 10,000 downloads
2012Cate App appeared on Shark Tank

Conclusion

Some companies that appear on the show have yet to achieve great success, and the Cate App is one of them. Sometimes businesses don’t succeed for 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, Cate App went out of business. The company shutdown date is unknown. And the product is no longer available in the market.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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