Hatch Baby is a smart sound machine, night light, and sleep trainer for children. This was created by Ann Crady-Weiss and David Weiss in 2014. As of November 2023, Hatch Baby’s net worth is above 5 million. They’re pulling in a whopping $5 million in annual revenue.
In January 2016, they appeared on Season 07 of Shark Tank USA and made a deal with Chris Sacca for a $250,000 for a 12.5% stake with aditional 12.5% advisory shares. The final valuation was $1 million, down from the founder’s initial estimate of $10 million.
Hatch Baby gained popularity after its appearance on the Shark Tank and witnessed significant growth in business. Hatch Baby expanded the product line over time for newborns through adults. The company is currently rebranded as Hatch and performs well in the market. You can purchase Hatch Baby products via the company website, Amazon, Target, Walmart, and other selected stores.
Hatch Baby Net Worth
Net worth | Above $5 million (2023) |
Annual Sales Revenue | $5 million (2023) |
Profits | – |
Lifetime sales | – |
Investor | Chris Sacca |
Founders | Ann Crady-Weiss and David Weiss |
Employees | 60 |
Hatch Baby Net Worth Timeline
Net Worth 2023 | Above $5 million |
Net Worth 2022 | Above $5 million |
Net worth valuation in 2016 after appearing on Shark Tank | $1 million |
Net worth valuation in 2016 before appearing on Shark Tank | $10 million |
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 |
Don’t miss these products from Season 7
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, Ann Crady-Weiss and David Weiss have a net worth of 36 Million USD as of 2023.
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.
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