Justine Tiu and Adrian Zhang created The Woobles to make learning crochet fun and simple through beginner-friendly kits. They appeared on Shark Tank in 2022 and secured a $450,000 deal with Lori Greiner and Mark Cuban.
However, the deal didn’t close, but the exposure led to over $5 million in lifetime sales and partnerships with major retailers like Walmart. Therefore, The Woobles has continued to grow, offering products both online and in stores, making it a thriving business today.
This article explores how The Woobles has expanded and succeeded even after the Shark Tank deal fell through
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 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 |
| Shark | Lori Greiner |
| 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 2024.
Key accomplishments:
| Year | Accomplishment |
| 2022 | Appeared on Shark Tank season 14 episode 02. |
Conclusion:
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.
