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)|
|Investors||Chris Sacca and Lori Greiner|
Toymail Net Worth Timeline
|Net Worth 2023||Out 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
|Product||Two-way communication plush toy for kids|
|Episode||Season 08 Episode 17|
|Asked for||$250,000 for 2.5% equity|
|Final deal||$600,000 for 5% equity|
|Sharks||Chris Sacca and Lori Greiner|
|Location||Belleville, 847 Sumpter Rd|
Don’t miss these products from Season 8
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.
|2017||Toymail appeared on Shark Tank|
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.