Elephant Chat, a communication tool for couples, was started by Amanda and Jason Adams on October 25, 2011. As of September 2023, Elephant Chat’s net worth is $250,000, and according to our research, the company was out of business.
On October 25, 2013, they appeared on Season 5 of Shark Tank USA, seeking $50,000 in exchange for a 20% stake valuing the company at $250,000. After the negative Shark Tank review aired, the couple split and the Elephant Chatbox is no longer for sale.
The Elephant Chat Company website is no longer active and the company’s social media pages have not been updated since 2013.
Elephant Chat Net Worth
| Net worth | $250,000 (Business Valuation) |
| Lifetime Sales | – |
| Shark Tank Investor | – |
| Founders | Amanda and Jason Adams |
Elephant Chat Net Worth Timeline
| Net Worth 2023 | Out Of Business |
| Net worth valuation 2013 before appearing on Shark Tank | $250,000 |
Elephant Chat Pitch on Shark Tank
| Company name | Elephant Chat |
| Product | Communication tool for couples |
| Episode | Season 05 Episode 06 |
| Founders | Amanda and Jason Adams |
| Asked for | $50,000 in exchange for a 20% stake |
| Final deal | No deal |
| Sharks | None |
| Location | USA |
Elephant Chat Founders
Elephant Chat was founded by Amanda and Jason Adams in 2011. Jason and Amanda Adams are the founders of Elephant Chat, a conversation-starting tool in the form of a stuffed elephant. They met on a blind date just a year before starting their own business. Elephant Chat’s founders, Amanda and Jason Adams have a net worth unknown as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2013 | Appearing on the popular TV show Shark Tank in 2013 |
Conclusion
Some companies that appear on the show have not achieved great success, and the Elephant Chat 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, Elephant Chat went out of business in 2013 And the product is no longer available in the market.