Trobo, an educational robot designed to teach children STEM concepts through interactive storytelling, was founded by Chris Harden and Jeremy Scheinberg. After its appearance on Shark Tank USA season 7, the company secured $166,000 on Kickstarter but failed to close a deal with the Sharks.
Despite the initial buzz, Trobo struggled to maintain momentum and ceased operations in 2017. As of its closure, Trobo’s estimated net worth was approximately $1 million, marking the end of its journey in the edutainment industry.
TROBO Net Worth
Estimated Net worth | $1 million (Business Valuation) |
Annual Sales Revenue | Not available |
Lifetime sales | Not available |
Investor | Robert Herjavec |
Founders | Chris Harden and Jeremy Scheinberg |
Employees | – |
TROBO Pitch on Shark Tank
Product | STEM toy for children |
Episode | Season 07 Episode 21 |
Founders | Chris Harden and Jeremy Scheinberg |
Asked for | $100,000 for 10% equity |
Company name | TROBO |
Final deal | $166,000 for 33.3% equity |
Shark | Robert Herjavec |
Location | Orlando, Florida |
Don’t miss these products from Season 07
TROBO Founders
TROBO was founded by Chris Harden and Jeremy Scheinberg. The company launch date is unknown. Founders want to provide an entertaining way to educate their children. They are very good at expanding the business. TROBO’s founders, Chris Harden and Jeremy Scheinbergs‘ net worth is unknown as of 2024.
Key accomplishments
Year | Accomplishment |
2016 | TROBO appeared on the Shark Tank. |
Conclusion
Some companies that appear on the show have not achieved great success, and the TROBO was 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, TROBO went out of business in 2017. And the product is no longer available in the market.