Lovesync, Couples’ buttons to help initiate sex, was started by Jenn and Ryan Cmich in 2016. As of September 2023, Lovesync net worth is $1 million. And they’re pulling in a whopping $1 million in annual revenue.
In 2020 they appeared on season 11 of Shark Tank USA seeking $100,000 for 10% of equity valuing the company at $1 million. But the Sharks were not interested in investing in Lovesync. Because They didn’t understand the problem it solved and They didn’t think it was a good business opportunity as well.
LoveSync is still in business as of October 2023. The company’s website is still active, and they are still selling their app and physical buttons. Visit their official website, if you are willing to buy their products.
Lovesync Net Worth
|Net worth||$1 million (2023)|
|Annual Sales Revenue||$1 million (2023)|
|Profits||Not publicly available|
|Lifetime sales||Not publicly available|
|Founder||Jenn and Ryan Cmich|
Lovesync Net Worth Timeline
|Net Worth 2023||$1 million|
|Net Worth 2022||$1 million|
|Net worth valuation 2020 after appearing on Shark Tank||$600,000|
|Net worth valuation [Shark Tank appeared Year] before appearing on Shark Tank||$1 million|
Lovesync Pitch on Shark Tank
|Product||Couples’ buttons to help initiate sex|
|Episode||Season 11 Episode 11|
|Founders||Jenn and Ryan Cmich|
|Asked for||$100,000 for 10% equity|
|Location||San Francisco, California|
Don’t miss these product from Season 11
Lovesync was founded by Jenn and Ryan Cmich in 2016. The couple was inspired to create the product after struggling to communicate their sexual desires to each other openly. They wanted to find a way to make it easier for couples to initiate sex without having to have a potentially awkward conversation. Lovesync’s founders, Jenn and Ryan Cmich, have a net worth of $1 million as of 2023.
|2020||Appeared on Shark Tank season 11|
|2021||Expanded its product line to include a variety of sex toys and accessories.|
|2022||Launched its app for Android devices.|
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 Lovesync and its continued success.