Shark-Tank-US-Net-Worth-2023-UpdateRoominate

Roominate Net Worth 2024 Update (Before & After Shark Tank)

ByKesara Bandaragoda Hours Last Updated:

As of 2024, Roominate remains a success, having been acquired by PlayMonster in 2016, with sales surpassing $4.5 million.

Roominate, a toy company founded by Alice Brooks and Bettina Chen, aimed to inspire young girls to explore STEM through building sets. The company secured a deal with Mark Cuban and Lori Greiner on Shark Tank in 2014, which fueled its growth.

Roominate raised $85,000 in crowdfunding through Kickstarter and was later acquired by PlayMonster in 2016. As of the acquisition, Roominate had reached $4.5 million in sales. The company continues to empower girls in STEM through PlayMonster’s expanded distribution, marking a significant milestone in its journey post-Shark Tank.

Roominate Net Worth

Estimated Net worth$10 million (2014) Business Valuation
Annual Sales Revenue$4.5 million (2024)
Lifetime salesNot available
InvestorsMark Cuban and Lori Greiner
FoundersAlice Brooks and Bettina Chen
Employees10 – 30

Roominate Pitch on Shark Tank

Company nameRoominate
ProductEngineering toy-building sets
EpisodeSeason 06 Episode 02
Founders Alice Brooks and Bettina Chen
Asked for$500,000 for 5% equity
Final deal$500,000 for 5% equity
SharksMark Cuban and Lori Greiner
LocationPalo Alto, California, United States

Roominate Founders

Alice Brooks and Bettina Chen founded Roominate in 2012. Alice Brooks and Bettina Chen are college friends. They made Roominates to encourage girls aged 6-10 to pursue STEM fields. Roominate’s founders, Alice Brooks and Bettina Chen’s net worth is unknown as of 2024. However, based on the deal it should be around $10 million.

Key accomplishments

YearAccomplishment
2022They made a major deal with Walmart to be sold across the US
2016Patch Products acquired Roominate
2014Featured on Shark Tank

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 Roominate and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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