FunBites, a business that gained fame on Shark Tank with its innovative food cutters for kids, has continued to thrive since the show. Currently, the company has a net worth of $1.4 million and generates an annual revenue of $2 million.
Since its appearance on Shark Tank, and sealing a deal with Lori Greiner, FunBites has expanded its product line, secured partnerships with major retailers like Target and Walmart, and received numerous accolades, including features on QVC and licensing deals with Disney.
The company remains active in the market, continually introducing new designs to keep its offerings fresh and appealing to families.
FunBites Net Worth
| Estimated Net worth | $1.4 million |
| Annual Sales Revenue | $2 million (2023) |
| Lifetime sales | Not available |
| Investor | Lori Greiner |
| Founder | Bobbie Rhoads |
| Employees | 25 |
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’ net worth is unknown as of 2024. However, based on the deal, she has 75% ownership of the company. Therefore, Bobbie should have a net worth above $56,000.
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.