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

MuteMe is an illuminated device connected to the computer that mutes the computer once you touch it. Parm Dhoot and Tye Davis started this in 2020. As of December 2023, MuteMe’s net worth is $1.6 million. They’re pulling in a whopping $1 million in annual revenue. 

In October 2021, they appeared on Season 13 of Shark Tank USA seeking $200,000 for 10% of equity, valuing the company at $2 million. But the Sharks were not interested in investing in MuteMe.

Despite not winning a deal, MuteMe managed to be in business. After the show, the owners conducted a successful Kickstarter for their new product, MuteMe Mini. Both products are available for purchase at the company website and Amazon.

MuteMe Net Worth

Net worth$1.6 million (2023)
Annual Sales Revenue$1 million (2023)
Profits
Lifetime sales$61,000 (2021)
Investors
FounderParm Dhoot and Tye Davis
Employees2-10

MuteMe Net Worth Timeline

Net Worth 2023$1.6 million
Net Worth 2022$1.6 million
Net worth valuation in 2021 before appearing on Shark Tank  $2 million (business valuation)

MuteMe Pitch on Shark Tank

Company nameMuteMe
ProductAn illuminated device connected to the computer that mutes the computer once you touch it
EpisodeSeason 13 Episode 02
Founders Parm Dhoot and Tye Davis
Asked for$200,000 for 10% equity
Final dealNo deal
SharkNo Shark
LocationSacramento, California

Don’t miss these products from Season 13

MuteMe Founders

Parm Dhoot and Tye Davis founded MuteMe in 2020. Param is the CEO of the company. He graduated from California State University Sacramento, majoring in Business Administration and Management. Pram has previous experience working in the Human Resources and Business Management sectors. Tye completed his bachelor’s and master’s degrees at the University of Pacific. He has professional experience in the Marketing sector. MuteMe’s founders Parm Dhoot and Tye Davis’s net worth is $1.6 million as of 2023.

Key accomplishments

YearAccomplishment
2021MuteMe was featured on Shark Tank.

MuteMe’s IndieGoGo fundraiser raised $289,075.
2022Fundraiser for MuteMe Mini raised $28,289.

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 MuteMe and its continued success.

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Written by GAG Team

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