Doorbot, a Doorbell with a built-in camera, and smartphone app, was started by Jamie Siminof in 2013. As of December 2023, Doorbot’s net worth is $1.8 Billion and they’re pulling in a whopping $0.36 Billion in annual revenue.
On November 15, 2013, they appeared on Season 5 of Shark Tank USA seeking $700,000 in exchange for 10% equity valuing the company at $7 Million. However, the Sharks were not interested in investing in Doorbot. Shark stated It appears there is no difference from existing products in the market. And the rest is history.
Goal to Protect your home & watch over with a Doorbot known as Ring is still in business. Their products are available to purchase on the official website.
Doorbot Net Worth
| Net worth | $1.8 Billion (2023) |
| Annual Sales Revenue | $0.36 Billion (2023) |
| Profits | – |
| Lifetime sales | 12 million units |
| Investor | – |
| Founder | Jamie Siminof |
| Employees | 1300 |
Doorbot Net Worth Timeline
| Net Worth 2023 | $1.8 Billion |
| Net Worth 2022 | $1.8 Billion |
| Net Worth 2021 | $1.2 Billion |
| Net Worth 2020 | $1 Billion |
| Net worth valuation in 2013 before appearing on Shark Tank | $7 Million |
Doorbot Pitch on Shark Tank
| Product | Doorbell with built-in camera, and smartphone app |
| Episode | Season 05 Episode 09 |
| Founder | Jamie Siminof |
| Asked for | $700,000 in exchange for 10% equity |
| Company name | Doorbot |
| Final deal | No deal |
| Sharks | None |
| Location | Santa Monica, California, U.S. |
Don’t miss these products from Season 5
Doorbot Founder
Doorbot was founded by Jamie Siminof in 2013. He got the idea to start the business after experiencing issues with missing mail deliveries. He is the best American inventor and entrepreneur who came through Smark Tank. Doorbot’s founder, Jamie Siminof, has a net worth of $400 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2023 | The Ring became a pivotal product in preventing and solving neighborhood crime. |
| 2013 | Doorbot Appeared on Shark Tank. |
| 2013 | Doorbot The world’s first Wi-Fi video doorbell. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Cordaroy’s and its continued success.
