The Woobles, Crochet kits for kids, was started by Adrian Zhang and Justine Tiu in July, 2020. As of September 2023, The Woobles net worth is $7.5 Million and they’re pulling in a whopping $3.1 Million in annual revenue.
In September, 2022, they appeared on season 14 of Shark Tank USA and made a deal with Lori Greiner, for $450,000 For 6% of equity. The final valuation was $7.5 Million, up from the founder’s initial estimate of $5 Million.
In September 2023, The Woobles is still in business. You can purchase their products from their Company website and other e-commerce channels.
The Woobles Net Worth
|Net worth||$7.5 Million|
|Annual Sales Revenue||$3.1 Million|
|Lifetime Sales||Over $5 Million|
|Shark Tank Investor||Lori Greiner|
|Founder||Adrian Zhang and Justine Tiu|
The Woobles Net Worth Timeline
|Net Worth 2023||$7.5 Million|
|Net worth valuation 2022 after appearing on Shark Tank||$7.5 Million|
|Net worth valuation 2022 before appearing on Shark Tank||$5 Million|
The Woobles Pitch on Shark Tank
|Company name||The Woobles|
|Product||Crochet kits for kids|
|Episode||Season 14 Episode 02|
|Founders||Adrian Zhang and Justine Tiu|
|Asked for||$250,000 for 5% equity|
|Final deal||$450,000 For 6% of equity|
|Location||Cary, North Carolina, United States.|
The Woobles Founders
The Woobles was founded by Adrian Zhang and Justine Tiu in 2022. One day ustine Tiu wanted to give a handmade gift to her friend. She hardly tried to make crocheted by using youtube and other social media platforms. Then she launched the Woobles, which is not only selling Crochet kits and it’s about how to make crochet plushie. The Woobles’s founders, Adrian Zhang and Justine Tiu, have a net worth of 5.3Million USD as of 2023.
|2022||Appeared on Shark Tank season 14 episode 02.|
From their beginnings on Shark Tank to their current status as a thriving business. And they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for The Woobles and its continued success.