TushBaby, an ergonomic hip-seat baby carrier, was started by Tammy Rant in May 2018. As of September 2023, TushBaby’s net worth is $10 million and they’re pulling in a whopping $4 million in annual revenue.
On January 6, 2019, they appeared on Season 10 of Shark Tank USA and made a deal with Lori Greiner for $200,000 for 20% equity. The final valuation was $1 Million, down from the founder’s initial estimate of $2 Million.
The TushBaby company has redesigned its website and come out with new variations of its product. TushBaby has sold the units through Amazon and Target that were produced using the capital provided by Barbara Corcoran.
TushBaby Net Worth
|Net worth||$10 million|
|Annual Sales Revenue||$4 million|
|Shark Tank Investor||Lori Greiner|
TushBaby Net Worth Timeline
|Net Worth 2023||$10 million|
|Net Worth 2022||$8 million|
|Net Worth 2021||$5 million|
|Net Worth 2020||$4 million|
|Net worth valuation 2019 after appearing on Shark Tank||$1 million|
|Net worth valuation 2019 before appearing on Shark Tank||$2 million|
TushBaby Pitch on Shark Tank
|Product||Baby Belly Strap / Baby Seats|
|Episode||Season 10 Episode 09|
|Asked for||$200,000 for 10% equity|
|Final deal||$200,000 for 20% equity|
|Location||Lariat Ln, Walnut Creek, California, 94596, United States|
TushBaby was founded by Tammy Rant. The company was founded in 2018. Tammy Rant is the CEO of the company. He wants to make life easier for parents and caregivers by providing a comfortable and ergonomic way to carry children. TushBaby’s founder, Tammy Rant, has a net worth of USD 10 million as of 2023.
|2023||Expanding its product line to include a variety of accessories, such as a sunshade and a rain cover|
|2020||Selling over 100,000 units|
|2019||Appearing on the popular TV show Shark Tank in 2019|
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.