Tranquilo, a vibrating baby mat, was started by Melissa Gersin in 2015. As of October 2023, Tranquilo net worth is $5 million and they’re pulling in a whopping $3 million in annual revenue.
In February 2017, they appeared on Season 08 of Shark Tank USA and made a deal with Robert Herjavec, $200,000 for 15% equity. The final valuation was 1.3 million, down from the founder’s initial estimate of $1 million.
In 2018, Baby Boom Consumer Products, the baby products division of The Betesh Group, acquired Tranquilo. Despite the acquisition, Tranquilo remains in operation as of October 2023. You can still purchase their products through their active website. If you’re interested in buying their products, visit their official website.
Tranquilo Net Worth
Net worth | $5 million |
Annual Sales Revenue | $3 million |
Profits | – |
Lifetime sales | – |
Investor | Robert Herjavec |
Founder | Melissa Gersin |
Employees | 1-25 employees |
Tranquilo Net Worth Timeline
Net Worth 2023 | $5 million |
Net Worth 2022 | $15 million |
Net Worth 2021 | $14.5 million |
Net Worth 2020 | $14 million |
Net worth valuation 2017 after appearing on Shark Tank | $1 million |
Net worth valuation 2017 before appearing on Shark Tank | $1.3 million |
Tranquilo Pitch on Shark Tank
Company name | Tranquilo |
Product | Lightweight, portable vibrating mat designed to calm crying babies |
Episode | Season 08 Episode 16 |
Founder | Melissa Gersin |
Asked for | $100,000 for 10% equity |
Final deal | $200,000 for 15% equity |
Shark | Robert Herjavec |
Location | Boston, Massachusetts, United States |
Don’t miss these product from Season 08
Tranquilo Founder
Tranquilo was founded by Melissa Gersin in 2015. She, One night, while working as a nurse at a Boston-area hospital, the idea for the Tranquilo Mat was born. Struck by the concept of a portable, versatile soothing mat that could effortlessly replicate the comforting motions and sounds of the womb, it sparked the journey to create Tranquilo Mat. Tranquilo’s founder, Melissa Gersin, has a net worth of 15 million USD as of 2023.
Key accomplishments
Year | Accomplishment |
2017 | The company appeared on Shark Tank Season 08 and got the deal from Robert Herjavec |
2018 | The company acquired by Betesh Group |
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 Tranquilo and its continued success.