Smudgi is a microfibre cloth with a sticky backing used to clean device screens. Melissa Pye founded this in 2012. Smudgi’s net worth was $200,000 at the time of their pitch in 2015, based on the $60,000 offer for 30% of the equity of the company.
They appeared in Season 01 of Shark Tank Australia in 2015. But the Sharks were not interested in investing in Smudgi.
Despite her ambitious pitch, Melissa could not secure a deal for Smudgi. However, she kept running the business after the show. Unfortunately, Smudgi ceased operations in 2018. As of January 2024, Smudgi is out of the market.
Smudgi Net Worth
| Net worth | $200,000 business valuation (2023) |
| Annual Sales Revenue | – |
| Profits | – |
| Lifetime sales | – |
| Investor | – |
| Founder | Melissa Pye |
| Employees | – |
Smudgi Net Worth Timeline
| Net Worth 2024 | Out of business |
| Net Worth 2022 | Out of business |
| Net Worth 2021 | Out of business |
| Net Worth 2020 | Out of business |
| Net worth valuation in 2015 before appearing on Shark Tank | $200,000 |
Smudgi Pitch on Shark Tank
| Product | A microfibre cloth with a sticky backing used to clean device screens |
| Episode | Season 01 Episode 14 |
| Founder | Melissa Pye |
| Asked for | $60,000 for 30% equity |
| Company name | Smudgi |
| Final deal | No deal |
| Shark | None |
| Location | Sydney, New South Wales |
Don’t miss these products from Season 1
Smudgi Founder
Melissa Pye founded Smudgi in 2012. After finishing her Master in Commerce at the University of New South Wales, Melissa started her career as an Accounts Manager at George Patterson Y&R. Throughout her career journey she held several posts in numerous companies and Melissa started her first own business in 2004. Currently, she is the Innovation Principal at Optus. Smudgi’s founder Melissa Pye’s net worth is unknown as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2015 | Smudgi was featured in 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 Smudgi and its continued success.
