Toybox-Labs-Shark-Tank-US-Net-worth-Update

Toybox Labs, founded in 2016 by Ben Baltes and Jenn Chin, offers a kid-friendly 3D printer that allows children to design and create their own toys.

After securing a $150,000 investment from Kevin O’Leary on Shark Tank in 2019, the company experienced significant growth. By 2021, Toybox Labs was valued at $10.6 million.

The company has attracted investors such as Legendary Ventures and Gaingels. Toybox Labs continues to innovate in the educational technology sector, empowering children to bring their imaginations to life through 3D printing.

Toybox Labs Net Worth

Estimated Net worth$10.6 million (2024)
Annual Sales RevenueNot available
Lifetime sales$24 million
InvestorKevin O’Leary
FoundersBen Baltes and Jenn Chin
Employees10 to 50

Toybox Labs Pitch on Shark Tank

Company nameToybox Labs
Product3D Printer / Toy Production Company
EpisodeSeason 10 Episode 15
Founders Ben Baltes and Jenn Chin
Asked for$150,000 for 5% equity
Final deal$150,000 for 13% equity + 2% advisory shares
SharkKevin O’Leary
LocationSeattle, Washington, United States

Don’t miss these products from Season 10

Toybox Labs Founders

Toybox Labs was founded by Ben Baltes and Jenn Chin in 2016. Jenn Chin is a former software engineer at Google and a University of California, Berkeley graduate. Ben Baltes is a former software engineer at Apple and a University of Texas at Austin graduate. Together, they founded Toybox Labs to create a 3D printer for kids. Toybox Labs’s founders, Ben Baltes and Jenn Chin’s net worth is unknown as of 2024. However, Toybox Labs is one of their main sources of net worth. Therefore, the duo should have a net worth abive $3 million.

Key accomplishments

Year Accomplishment
2023Developed the toy industry’s first-of-its-kind 3D printer designed specifically for kids.
2022They have been featured in several media outlets , including The New York Times, TechCrunch, and Forbes.

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 Spretz and its continued success.

ABOUT KESARA BANDARAGODA
Kesara Bandaragoda is a Sri Lankan-born media entrepreneur currently based in Dubai, with a lifelong passion for storytelling, innovation, and all things screen-worthy. Whether it's a mind-bending sci-fi epic or the latest startup pitch on Shark Tank, Kesara is all in. In fact, he was one of the earliest content creators to cover Shark Tank Australia online and has been tracking its businesses, products, and founders since 2019 — long before it was cool.

Kesara is the visionary CEO behind BrandFactory, a digital media company powering multiple content platforms that reach millions. When he’s not leading a team of creatives, he’s often geeking out over Marvel and DC universes, decoding Spielberg's directorial magic, or revisiting classics like The Shawshank Redemption, Interstellar, and Pirates of the Caribbean (yes, he's a Johnny Depp loyalist).

INDUSTRY FOCUS
Kesara’s writing and content leadership often focus on the intersection of entrepreneurship, entertainment, and emerging digital cultures. He’s particularly passionate about telling stories that celebrate founders, dissect business blueprints from media narratives, and spark curiosity in audiences across the globe.

FAVORITE MEDIA
A sci-fi enthusiast with a taste for high-stakes storytelling, Kesara’s favorite titles range from cerebral time-space odysseys to charismatic pirate adventures. He thrives in content that mixes real-world business insight with the spectacle of entertainment — think Shark Tank meets Black Mirror, with a touch of Marvel heroics.

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