MuteMe Net Worth 2024 Update (Before & After Shark Tank)
MuteMe, featured in Season 13 of Shark Tank USA is an Illuminated mute button for conference calls. Founders Parm Dhoot and Tye Davis, unfortunately could not secure any investments for their product.
Despite not securing a deal on the show, the company successfully raised over $444,000 through crowdfunding on Kickstarter and IndieGoGo. MuteMe has expanded its product line with the MuteMe Mini and reported annual sales of $1 million in 2023, with a current net worth of $2.5 million.
The company remains active and popular among remote workers for its innovative approach to managing microphone muting in virtual meetings.
MuteMe Net Worth
| Estimated Net worth | $2.5 million (2024) |
| Annual Sales Revenue | $1 million (2024) |
| Lifetime sales | $61,000 (2021) |
| Investors | None |
| Founders | Parm Dhoot and Tye Davis |
| Employees | 2-10 |
MuteMe Pitch on Shark Tank
| Company name | MuteMe |
| Product | An illuminated device connected to the computer that mutes the computer once you touch it |
| Episode | Season 13 Episode 02 |
| Founders | Parm Dhoot and Tye Davis |
| Asked for | $200,000 for 10% equity |
| Final deal | No deal |
| Shark | No Shark |
| Location | Sacramento, 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 unknown as of 2024. However, based on their business valuation, they should have an approximate net worth of $2 million.
Key accomplishments
| Year | Accomplishment |
| 2021 | MuteMe was featured on Shark Tank. MuteMe’s IndieGoGo fundraiser raised $289,075. |
| 2022 | Fundraiser 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.
Responses