"Cate App" Net Worth 2023 Update

Cate App, a Call and text eraser app, was started by Neil Desai. The company launch date is unknown. Cate App’s net worth was $1 Million in 2012 based on the Shark Tank deal.

On September 14, 2012, they appeared on Season 4 of Shark Tank USA and made a deal with Kevin O’Leary and Daymond John, $70,000 for 35% equity of equity.

Cate App went out of business. Their products are no longer in the market.

See also: Related products on Amazon.

Cate App Net Worth

Net worth$1 Million (2023)
Lifetime sales
InvestorsKevin O’Leary and Daymond John
FounderNeil Desai

Cate App Net Worth Timeline

Net Worth 2023Out Of Business
Net worth valuation in 2012 after appearing on Shark Tank  $200,000
Net worth valuation in 2012 before appearing on Shark Tank  $1 Million

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

Don’t miss these products from Season 4

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 in USD as of 2023.

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.

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