Remento Net Worth in 2025-Inside Mark Cuban’s Most Emotional Investment on Shark Tank
“Remento’s net worth in 2025 is projected at approximately $3.33 million after Mark Cuban’s strategic investment on Shark Tank Season 16.”
When Charlie Greene lost his father in the 9/11 attacks, he realized there were so many stories and memories he would never get to share with him. Years later, when his mother faced a cancer diagnosis, he felt an urgent need to preserve her life stories for future generations.
This deeply personal journey inspired him to create Remento, a heartfelt service that empowers families from all walks of life to transform recorded memories into beautifully crafted keepsake books.
Using advanced AI, Remento turns voice recordings into touching, well-written narratives, preserving both the words and the unique voices of loved ones, ensuring everyone can celebrate their family’s legacy.
Join us as we explore whether Charlie Greene secured a deal in our comprehensive Remento update and Shark Tank pitch recap. If you’re short on time, here’s a quick overview of what happened to Remento after its Shark Tank appearance.
Quick Recap: Remento on Shark Tank
Entrepreneur: Charlie Greene
Business: AI-powered memory preservation service
Ask: $300,000 for 5% equity
Result: Deal with Mark Cuban – $300,000 for 10% equity
Episode: Shark Tank Season 16, Episode 12
What is Remento?
Remento is an inclusive, user-friendly platform designed to help families preserve their cherished histories without the need for writing or tech expertise.
Instead of relying on journals or complex apps, Remento sends weekly prompts via text or email, tailored to spark meaningful memories.
These prompts might include a nostalgic photo or a thoughtful question like, “What was your childhood home like?” or “What’s a lesson you learned from your parents?” Users simply record their responses using their voice, making it accessible for all ages and abilities.
The magic lies in Remento’s Speech-to-Story AI, which transforms these recordings into beautifully written, heartfelt stories. These narratives are compiled into a high-quality hardcover book, complete with QR codes that link to the original audio or video, allowing families to relive the voices behind the words.
This unique feature ensures that every family, regardless of background, can create a lasting legacy that resonates emotionally and culturally.
Remento also offers customizable options, such as adding photos or selecting specific prompts, to reflect diverse family traditions and stories, making it a versatile tool for everyone from young adults to seniors.
The Business Model
Remento operates on a direct-to-consumer subscription model, designed to be affordable and straightforward.
- $99 covers a one-year subscription and one hardcover book (up to 200 pages)
- The average order value is $119 due to popular add-ons like extra books, extended page counts, or personalized covers
- It costs only $16 to print and ship a book, resulting in an impressive 86% profit margin
Charlie emphasized that Remento is designed with inclusivity in mind, catering especially to older adults in their 70s, 80s, and 90s. The platform requires no apps or passwords, ensuring accessibility for those who may not be tech-savvy.
This thoughtful design makes it easy for grandparents, parents, or anyone to share their stories, fostering connections across generations.
The Sharks Respond
Mark Cuban immediately recognized the emotional and commercial potential of Remento’s memory preservation service. He inquired about integrating the platform with social media to attract younger users, such as millennials or Gen Z, who might share snippets of their family stories online.
Charlie explained that Remento already supports digital sharing, with features like downloadable story excerpts, making it appealing and accessible to all age groups.
Daniel Lubetzky, known for his empathetic approach, connected with Charlie’s personal journey. He asked how Charlie became such a compelling presenter. Charlie shared his emotional story of losing his father in the 9/11 attacks and the urgency to capture his mother’s stories after her cancer diagnosis.
This heartfelt moment resonated deeply with the Sharks and the audience, highlighting the universal importance of preserving family memories.
It was a powerful moment in the pitch, showcasing the human connection at the heart of Remento’s mission.
Financials and Concerns
Kevin O’Leary, always focused on numbers, asked how long Remento had been operating. Charlie revealed that the current AI-powered version launched 10 months prior, generating an impressive $620,000 in sales.
He projected $1.5 million in revenue for 2024 and an ambitious $4.6 million for 2025, reflecting strong growth potential in the family history preservation market.
Tensions arose when the Sharks learned that Remento had raised $3 million in seed funding, with only $561,000 remaining at the time of filming. Lori Greiner probed how the business had evolved since its inception.
Charlie explained that Remento initially focused on in-person oral histories but pivoted to an AI-driven digital model after significant investment in research and development, enhancing scalability and user experience.
Barbara Corcoran questioned whether Charlie viewed the spent funds as a loss. He confidently clarified that the investment fueled the creation of a unique, market-leading product, positioning Remento as a pioneer in AI-powered memory preservation.
Did Remento Get a Deal?
Several Sharks expressed concerns about valuation and equity. Kevin O’Leary stated he couldn’t invest for just 5% equity, citing the risk. Daniel Lubetzky suggested he’d need at least 15% to consider an offer. Barbara opted out, citing the competitive landscape.
Then, Mark Cuban stepped in with confidence. He asked when Remento would achieve profitability. Charlie projected profitability in 2025, assuring Mark that no additional funding rounds would be necessary.
Impressed by the vision and financials, Mark offered $300,000 for 10% equity. Charlie hesitated, asking if a portion could be advisory shares to leverage Mark’s expertise. Mark agreed, sealing the deal.
Deal secured.
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Remento Update After Shark Tank
Since the episode aired on March 7, 2025, Remento has experienced a significant surge in website traffic, sales, and social media engagement, driven by the Shark Tank effect. The partnership with Mark Cuban has provided strategic guidance, helping refine the Speech-to-Story™ AI and enhance user experience.
Remento is also expanding its language support to include more languages beyond English and Spanish, ensuring accessibility for diverse communities worldwide.
The company is actively targeting senior communities and families creating legacy gifts, with tailored marketing campaigns to reach retirement homes and cultural organizations.
Remento has also introduced new features, such as voice-activated prompts for users with mobility challenges, reinforcing its commitment to inclusivity. With a lean team and a robust profit margin, Remento is on track to meet its $4.6 million sales goal in 2025.
Based on its growth trajectory and industry trends, Remento’s estimated net worth in 2025 is approximately $3.33 million, reflecting its strong position in the AI-based storytelling market.
Final Thoughts
Remento is more than a subscription service or tech platform it’s a meaningful, AI-powered solution to a universal human need: preserving the voices and stories that shape our lives.
By making memory preservation accessible to everyone, from tech-savvy youth to seniors, Remento fosters connections across generations and cultures.
With Mark Cuban’s backing and a clear vision for growth, Remento’s future is bright. We’ll be watching closely for the next Remento update, as this innovative company continues to redefine how we cherish and share family legacies.
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TL;DR
Remento, a memory-preservation startup founded by Charlie Greene, landed a $300K deal with Mark Cuban on Shark Tank Season 16. Now projected to hit $4.6M in 2025 revenue, its emotional storytelling platform is making waves — and turning heartfelt stories into high-margin business.
FAQs
Is Remento still in business in 2025?
Yes, Remento is still in business and growing in 2025. The company is actively expanding its AI features, reaching new markets, and on track to hit $4.6 million in projected revenue this year.
Did Remento get a deal on Shark Tank?
Yes, Remento secured a deal with Mark Cuban on Shark Tank Season 16. Cuban invested $300,000 for 10% equity, including advisory shares.
What is Remento’s net worth in 2025?
Remento’s projected net worth in 2025 is estimated between $15 million and $20 million based on its forecasted profits and market position.
How does Remento work?
Remento sends storytelling prompts via email or text. Users record voice responses, which are transformed by AI into written narratives. These are then compiled into a hardcover memory book with QR codes linking to the original audio or video recordings.
Where can I buy Remento?
You can buy Remento directly from their official website at remento.co. It ships within the U.S. and to select international destinations including Canada, UK, Australia, and New Zealand.