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

GrooveBook, a photo album and photobook-making app, was started by Julie Whiteman and Brian Whiteman in January 2012. As of August 2023, GrooveBook’s net worth is not available. 

In 2014 they appeared on season 5 of Shark Tank USA and made a deal with Kevin O’Leary and Mark Cuban, $150,000 for 80% of equity. The final valuation was $187,500, down from the founder’s initial estimate of $750,000. 

Unfortunately, in 2023, GrooveBook will not be available anymore in the business world. 

GrooveBook Net Worth

Net worthOut Of Business
Shark Tank InvestorsKevin O’Leary and Mark Cuban
FoundersJulie Whiteman and Brian Whiteman

GrooveBook Net Worth Timeline

Net Worth 2023Out Of Business
Net worth valuation 2014 after appearing on Shark Tank  $187,500
Net worth valuation 2014 before appearing on Shark Tank  $750,000

GrooveBook Pitch on Shark Tank

Company nameGrooveBook
ProductPhoto album and photobook-making app
EpisodeSeason 05 Episode 13
Founders Julie Whiteman and Brian Whiteman
Asked for$150,000 for 20% Equity
Final deal$150,000 for 80% Equity
SharksKevin O’Leary and Mark Cuban
LocationCalifornia, United States

GrooveBook Founders

GrooveBook was founded by Julie Whiteman and Brian Whiteman in 2012. Julie Whiteman and Brian Whiteman are husband and wife. Julie is a graduate of the University of Pennsylvania’s Wharton School of Business and Brian is a graduate of Stanford University. He is an expert in software engineering and product management. GrooveBook’s founders, Julie Whiteman, and Brian Whiteman have a net worth of 14.5 million USD.

Key accomplishments

YearAccomplishment
2014Appeared on Shark Tank season 5 and Kevin O’Leary and Mark Cuban invested $150,000 for 80% Equity
2015The company’s photo books were featured in the Apple Store.
2016The revenue grew by 200%

Conclusion

Some companies that appear on the show have not achieved great success, and the GrooveBook 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, GrooveBook went out of business in 2022. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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