Toymail Net Worth 2023 Update (Before & After Shark Tank)

Toymail-Shark-Tank-US-Net-worth-Update

Toymail, a Two-way communication plush toy for kids, was started by Gauri Nanda in 2013. Toymail net worth was $10 Million in 2017 based on the Shark Tank deal.

On February 17, 2017, they appeared on Season 8 of Shark Tank USA and made a deal with Chris Sacca and Lori Greiner, $600,000 for 5% equity.

Toymail went out of business in 2018. Their products are no longer available in the market.

Toymail Net Worth

Net worth$10 Million ( Business Valuation)
Lifetime sales
InvestorsChris Sacca and Lori Greiner
FounderGauri Nanda

Toymail Net Worth Timeline

Net Worth 2023Out Of Business
Net worth valuation in 2017 after appearing on Shark Tank  $12 Million
Net worth valuation in 2017 before appearing on Shark Tank  $10 Million

Toymail Pitch on Shark Tank

ProductTwo-way communication plush toy for kids
EpisodeSeason 08 Episode 17
FounderGauri Nanda
Asked for$250,000 for 2.5% equity
Company nameToymail
Final deal$600,000 for 5% equity
SharksChris Sacca and Lori Greiner
LocationBelleville, 847 Sumpter Rd

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Toymail Founder

Toymail was founded by Gauri Nanda in 2013. Nanda is also the designer. She is also a passionate entrepreneur.  Toymail’s founder, Gauri Nanda, has a net worth of USD 400,000 as of 2023.

Key accomplishments

YearAccomplishment
2017Toymail appeared on Shark Tank

Conclusion

Some companies that appear on the show have not achieved great success, and Toymail is one of them. Sometimes businesses don’t succeed for many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However, Toymail went out of business in 2018. And the product is no longer available in the market.