The Beebo, a hands-free baby bottle holder invented by Martin Hill, appeared on Shark Tank in 2015. Martin secured a deal with Lori Greiner, which boosted the brand’s visibility. In 2018, Better Family, a company that focuses on innovative parenting products, acquired The Beebo.
The product has since gained popularity among parents and caregivers. As of 2024, The Beebo’s estimated net worth is $5 million. While The Beebo didn’t run a crowdfunding campaign, its Shark Tank appearance led to steady growth in sales, and it remains a popular product for hands-free baby feeding solutions.
The Beebo Net Worth
Estimated Net worth | $5 million (2024) |
Annual Sales Revenue | $5 million (2024) |
Lifetime sales | Not Available |
Investor | Lori Greiner and Ashton Kutcher |
Founder | Martin Hill |
Employees | Not Available |
The Beebo Pitch on Shark Tank
Company name | The Beebo |
Product | Over-the-shoulder baby bottle holder for easier feeding |
Episode | Season 7 Episode 2 |
Founder | Martin Hill |
Asked for | $200,000 for 20% Equity |
Final deal | $200,000 for 30% Equity |
Sharks | Lori Greiner and Ashton Kutcher |
Location | Loxahatchee, Florida |
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The Beebo Founder
Martin Hill founded Beebo in 2005. He is a serial entrepreneur who has founded several successful companies. Including social networking site Bebo and digital marketing agency Lastminute.com. The Beebo’s founder, Martin Hill, has a net worth above $3 million as of 2024.
Key accomplishments
Year | Accomplishment |
2015 | Appeared on Shark Tank season 7 and Lori Greiner and Ashton Kutcher invested $200,000 for 30% Equity. |
2016 | Continued to grow sales and expand market share. |
2019 | Launched new marketing campaigns focused on the nutritional value of Beebo products. |
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 The Beebo and its continued success.