Hatch Baby, now rebranded as Hatch, has experienced significant growth since its 2016 appearance on Shark Tank.
The company secured a $250,000 investment from Chris Sacca for 25% equity. By 2024, Hatch’s net worth was estimated at $40 million, with annual revenues of around $5 million.
In 2019, Amazon’s Alexa Fund invested an undisclosed amount, enhancing Hatch’s product integration with smart home technology.
The company has expanded its product line to include sleep aids for both children and adults, such as the Hatch Rest and Restore, solidifying its position in the sleep technology market.
Hatch Baby Net Worth
Estimated Net worth | $40 million (2024) |
Annual Sales Revenue | $5 million (2024) |
Lifetime sales | Not available |
Investor | Chris Sacca |
Founders | Ann Crady-Weiss and David Weiss |
Employees | 60 |
Hatch Baby Pitch on Shark Tank
Company name | Hatch Baby |
Product | A smart sound machine, night light, and sleep trainer for children |
Episode | Season 07 Episode 14 |
Founders | Ann Crady-Weiss and David Weiss |
Asked for | $250,000 for 2.5% equity |
Final deal | $250,000 for a 12.5% stake with aditional 12.5% advisory shares |
Shark | Chris Sacca |
Location | Palo Alto, California |
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Hatch Baby Founders
Ann Crady-Weiss and David Weiss founded Hatch Baby in 2014. Anne and her husband, David are entrepreneurs and tech enthusiasts. Even though they initially pursued different career paths, they were keen to start their own business. After having their first baby, the couple realized the need to train babies for a comfortable sleep. Using their entrepreneurial skills and passion for tech-based products, they created Hatch Baby. Hatch Baby’s founders, Â Ann Crady-Weiss and David Weiss have a net worth of 36 Million USD as of 2024.
Key accomplishments
Year | Accomplishment |
2016 | Hatch Baby was featured on Shark Tank. |
2020 | Hatch Baby won the Best of Baby award from The Bump. |
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 Hatch Baby and its continued success.