FunBites is a tool that cuts food into fun bite-sized shapes for kids. This was founded by Bobbie Rhoads in 2011. As of November 2023, FunBites’s net worth is $1.4 million. They’re pulling in a whopping $2 million in annual revenue.
In 2015, they appeared on Season 06 of Shark Tank USA and made a deal with Lori Greiner for $75,000 for 25% of equity. The final valuation was $300,000, down from the founder’s initial estimate of $375,000.
FunBites is an easy and fun tool to feed picky eaters. Thus, the product is convenient for a lot of parents. After winning a deal from Shark Tank, FunBites became more popular in the market. As of November 2023, FunBites is still actively running operations. You can buy FunBites through their website or Amazon.
FunBites Net Worth
| Net worth | $1.4 million (2023) |
| Annual Sales Revenue | $2 million (2023) |
| Profits | – |
| Lifetime sales | – |
| Investor | Lori Greiner |
| Founder | Bobbie Rhoads |
| Employees | <25 |
FunBites Net Worth Timeline
| Net Worth 2023 | $1.4 million |
| Net Worth 2022 | $1.4 million |
| Net Worth 2021 | $1 million |
| Net Worth 2020 | – |
| Net worth valuation in 2014 after appearing on Shark Tank | $300,000 |
| Net worth valuation in 2014 before appearing on Shark Tank | $375,000 |
FunBites Pitch on Shark Tank
| Company name | FunBites |
| Product | A tool that cuts food into fun bite-sized shapes for kids |
| Episode | Season 06 Episode 18 |
| Founder | Bobbie Rhoads |
| Asked for | $75,000 for 20% equity |
| Final deal | $75,000 for 25% equity |
| Shark | Lori Greiner |
| Location | Westport, Connecticut |
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FunBites Founder
Bobbie Rhoads founded FunBites in 2011. Bobbie has an academic background in Psychology as well as Business Management and Marketing before starting FunBites Bobbie World for nine years at Revlon. FunBites’s founder, Bobbie Rhoads has a net worth of 1.4 Million USD as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2014 | FunBites got featured on Shark Tank and secured a deal |
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 FunBites and its continued success.