Toybox Labs, a 3D Printer / Toy Production, was started by Ben Baltes and Jenn Chin in 2016. As of September 2023, Toybox Labs’ net worth is $3 Million. And they’re pulling in a whopping $162K in annual revenue.

On March 10, 2019, they appeared on Season 10 of Shark Tank USA and made a deal with Kevin O’Leary for $150,000 for 13% equity + 2% advisory shares. The final valuation was $1 Million, down from the founder’s initial estimate of $3 Million.

The company launched a new subscription service that allows users to rent a Toybox printer for a monthly fee. Toybox Labs is still in business as of 2023 on their website and the Website and Amazon.

Toybox Labs Net Worth

Net worth$3 Million
Annual Sales Revenue$162,323
Lifetime sales$24 million
InvestorKevin O’Leary
FoundersBen Baltes and Jenn Chin
Employees10 to 50

Toybox Labs Net Worth Timeline

Net Worth 2023$3 Million
Net Worth 2022$2.5 Million
Net Worth 2021$2 Million
Net Worth 2020$1.8 Million
Net worth valuation 2019 after appearing on Shark Tank  $1 Million
Net worth valuation 2019 before appearing on Shark Tank  $3 Million

Toybox Labs Pitch on Shark Tank

Company nameToybox Labs
Product3D Printer / Toy Production
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

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 have a net worth of 3 million USD as of 2023.

Key accomplishments

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


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.

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