Classroom Jams Net Worth 2024 Update (Before & After Shark Tank)

Classroom Jams Net Worth Update (Before & After Shark Tank)

Classroom Jams’ net worth was $2.5 million in 2009 based on the Shark Tank deal. Classroom Jams is a music set that helps students to learn classic works of literature. Mark Furigay started this in 2007.

In 2009, they appeared on Season 1 of Shark Tank USA and made a deal with Kevin O’Leary, Barbara Corcoran, Kevin Harrington, Robert Herjavec, and Daymond John, $250,000 for 100% equity + 5% royalty in perpetuity.

Mark’s pitch was iconic, as was the very first business that all sharks invested in. Although the deal indicated positive growth, unfortunately it did not have much success as anticipated. Currently, the company’s presence is questionable. There is no platform to purchase the product, no website, and no social media account; thus appears to be out of business. 

Classroom Jams Net Worth

Net worth$2.5 million (2009)
Annual Sales RevenueNot available 
ProfitsNot available 
Lifetime salesNot available 
InvestorsKevin O’Leary, Barbara Corcoran, Kevin Harrington, Robert Herjavec, and Daymond John
Investment$250,000 for 100% equity + 5% royalty in perpetuity
FounderMark Furigay
Employees<10

Classroom Jams Net Worth Timeline

Net Worth 2024Out of business
Net worth valuation in 2009 before appearing on Shark Tank  $2.5 million

Classroom Jams Pitch on Shark Tank

ProductA music set that helps students to learn classic works of literature
EpisodeSeason 01 Episode 02
FounderMark Furigay
Asked for$250,000 for 10% equity
Company nameClassroom Jams
Final deal$250,000 for 100% equity + 5% royalty in perpetuity
SharksKevin O’Leary, Barbara Corcoran, Kevin Harrington, Robert Herjavec, and Daymond John
LocationChicago, Illinois

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Classroom Jams Founder

Mark Furigay founded Classroom Jams in 2007.  Mark is a teacher and an education director. Currently, he is teaching at The Ancona School. Classroom Jams’s founder Mark Furigay’s net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
2009The company was featured in Shark Tank USA and secured a deal with all sharks. 
2016The product was pitched to Houghton Mifflin Company, the largest education firm on earth.

Conclusion

Some companies that appear on the show have not achieved great success, and the Classroom Jams 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,  it seems that Classroom Jams is no longer in business.  And the product is no longer available in the market.

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