Cuddletunes Net Worth 2023 Update (Before & After Shark Tank)

"Cuddletunes" Net Worth 2023 Update 

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

Net worth$2 Million (Business Valuation)
Lifetime sales
Investor
FounderMike Robinson

Cuddletunes Net Worth Timeline

Net Worth 2023Out Of Business
Net worth valuation in 2013 before appearing on Shark Tank  $2 Million

Cuddletunes Pitch on Shark Tank

ProductInternet-enabled stuffed animal audio player
EpisodeSeason 04 Episode 14
Founder Mike Robinson
Asked for$400,000 for 20% equity
Company nameCuddletunes
Final dealNo deal
SharksNone
LocationSeattle, Washington

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Cuddletunes Founder

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.

Key accomplishments

YearAccomplishment
2013Cuddletunes appeared on Shark Tank.

Conclusion

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.