Cuddletunes, the Internet-enabled stuffed animal audio player, was started by Mike Robinson in 2007. Cuddletunes net worth was $2 Million at the time of their pitch in 2013 based on the $400,000 offer for 20% of equity of the company.
They appeared on Season 4 of Shark Tank USA in 2013. But the Sharks were not interested in investing in Cuddletunes. Sharks stated what made the product unique with no interest in offering a deal to the founder so the founder had to walk alone without a deal.
Cuddletunes went out of business in 2016. Their products are no longer available on the market.
Cuddletunes Net Worth
|$2 Million (Business Valuation)
Cuddletunes Net Worth Timeline
|Net Worth 2023
|Out Of Business
|Net worth valuation in 2013 before appearing on Shark Tank
Cuddletunes Pitch on Shark Tank
|Internet-enabled stuffed animal audio player
|Season 04 Episode 14
|$400,000 for 20% equity
Don’t miss these products from Season 04
Cuddletunes was founded by Mike Robinson in 2007. He is an entrepreneur and inventor. His invention received both attention and criticism but he never gave up. Cuddletunes’s founder, Mike Robinson, net worth is unknown as of 2023.
|Cuddletunes appeared on Shark Tank.
Some companies that appear on the show have not achieved great success, and the Cuddletunes was 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, Cuddletunes went out of business in 2016. And the product is no longer available in the market.