SnagaStool, a Boston-based app founded by Dean Whitney and Jamie Manning, appeared on Shark Tank in 2015 seeking $120,000 for 18% equity but failed to secure a deal.
The app allowed users to reserve bar stools and expanded to include other seating options in bars. Despite some initial partnerships and post-show efforts, SnagaStool struggled to gain traction.
The company ultimately ceased operations in 2016, with no successful crowdfunding or major investments recorded. Both founders have since moved on to other ventures.
SnagaStool Net Worth
| Estimated Net worth | $666,000 (2016) Business Valuation |
| Annual Sales Revenue | Not available |
| Lifetime sales | Not available |
| Investor | None |
| Founder | Dean Whitney and Jamie Manning |
| Employees | None |
SnagaStool Pitch on Shark Tank
| Company name | SnagaStool |
| Product | Bar and pub reservation service |
| Episode | Season 06 Episode 26 |
| Founders | Dean Whitney and Jamie Manning |
| Asked for | $120,000 for 18% Equity |
| Final deal | No deal |
| Shark | None |
| Location | Somerville, Massachusetts |
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SnagaStool Founders
SnagaStool was founded by Dean Whitney and Jamie Manning. Dean and Jamie came up with the idea of the Stagatool based on a real experience they faced at a pub. Stagatool is no longer in business yet the two entrepreneurs are exploring other ventures. SnagaStool’s founders Dean Whitney and Jamie Manning’s net worth is currently unknown since the business is no longer functional.
Key accomplishments
| Year | Accomplishment |
| 2015 | SnagaStool made its appearance on Shark Tank season 6. |
Conclusion
Some companies that appear on the show have not achieved great success, and the SnagaStool was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, SnagaStool went out of business in 2016 And the product is no longer available in the market.
