Monkey Mat, once a Shark Tank favorite, has reportedly gone out of business. While its net worth remains undisclosed, the company initially gained attention with investments from Mark Cuban and Lori Greiner.
Despite efforts to scale the business through crowdfunding and additional investor support, Monkey Mat struggled to maintain traction in a competitive market. Over time, the product’s presence diminished, leading to its eventual closure.
Key milestones included its appearance on Shark Tank and initial strong sales, but recent years saw no major developments or acquisitions before it shut down.
Monkey Mat Net Worth
| Estimated Net Worth | $333,000 (2014) Business valuation |
| Annual Sales Revenue | $700,000 (2021) |
| Lifetime Sales | Not available |
| Investors | Mark Cuban and Lori Greiner |
| Founders | Courtney Turich and Christie Barany |
| Employees | 2-10 |
Monkey Mat Pitch on Shark Tank
| Company name | Monkey Mat |
| Product | Children’s play mat |
| Episode | Season 05 Episode 23 |
| Founders | Courtney Turich and Christie Barany |
| Asked for | $100,000 for 30% Equity |
| Final deal | $100,000 for 35% Equity |
| Sharks | Mark Cuban and Lori Greiner |
| Location | USA |
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Monkey Mat Founders
Monkey Mat was founded by Courtney Turich and Christie Barany in 2012. Courtney Turich was involved in executive management in medical devices, an associate on Wall Street, marketing and business consulting in Australian broadcasting, and Neuroscience graduate school. Christie Barany is a businesswoman. Her multifaceted career began after receiving a master’s in information and communication Sciences. Monkey Mat’s founders, Courtney Turich and Christie Barany’s net worth, are not available as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2014 | Appeared on Shark Tank season 5 and Mark Cuban invested $100,000 for 35% equity |
Conclusion
Some companies that appear on the show have not achieved great success, and the Monkey Mat was one of them. Sometimes businesses don’t succeed because of 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, Monkey Mat went out of business in 2021. And the product is no longer available in the market.
