Baby Toon Net Worth 2024: What Happened Baby Toon After Shark Tank
One of the most original pitches ever seen on Shark Tank happened during season 11. A teether toy and spoon in one: that’s what 11-year-old Cassidy Crowley and her mom Lori brought to the market. They struck an agreement with Lori Greiner and the show was titled The Baby Toon. One million dollars is The Baby Toon’s wealth in the year 2024.
This incredible innovation is the brainchild of Cassidy Crowly, a young entrepreneur who is just seven years old. She made an appearance on Shark Tank season eleven, offering $100,000 in exchange for 50% ownership. Crowley made her reality show debut at the tender age of ten.
Baby Toon Wiki
| Business details: | Soft Spoon |
| Founders name: | Cassidy Crowly |
| Founded in: | 2016 |
| Location (Country): | Honolulu, Hawaii |
| Sharks on board (Investors) | Lori Greiner |
| Accepted Deals: | $50,000 for 50% equity |
| Shark Tank Episode: | Season 11 Episode 1 |
| Net Worth | $1 million |
| Business Status: | Active |
Who is the founder of Baby Toon?
Cassidy Crowly founded the Baby Toon in Honolulu, Hawaii. Observing her parents’ difficulties in feeding her younger sister inspired her to design a silicone spoon.
Cassidy saw as her mom fed her sibling with plastic forks every time. Because of this, she made the first model. She was only seven years old when that happened. Cassidy acknowledges that her parents and sisters helped her create the product, but she is the primary creator.
The idea for Cassidy Crowley’s product came from a desire to make things easier for newborns to ingest. She was concerned that infants would damage their oral health by using sharp spoons. The concept of a silicone baby spoon was born from this.
One item that serves multiple purposes for newborns and babies is the Baby Toon. It has multiple purposes, including a teething toy, feeding handle, and spoon. With the support of her parents, she was able to transform her prototype into a successful business.
A price of $15 gets you this product. They decided to ask Shark Tank for advice because young Cassidy was becoming too busy for her age.
What You See on Shark Tank
Cassidy and Lori joined the tank in 2019 and offered $50,000 in exchange for half of their business. If only a shark would take out Cassidy’s share in the firm, she could finally focus on her studies and enjoy being a kid.
Because of Cassidy’s innovative invention and her early commercial ambition, the sharks were shocked. Not everyone proposed, even though they were all obviously impressed.
However, Lori Greiner, Queen of QVC, recognized the startup’s potential. As a result, the sale was consummated when she accepted the initial offer of $50,000 for 50%.
What Happened After Shark Tank
Following their success in achieving their goals, the Crowleys have excelled in expanding their firm. Even though Lori has a 50% stake in the company, Cassidy is officially the chief executive officer of The Baby Toon right now.
The company is available on Amazon.com and has a licencing agreement with Munchkin Baby Products. As a result, Munchkin’s website included its multi-functional spoon among the top products. In addition to local Hawaii and US stores, you can find it on Amazon and at other online merchants.
With a 50% profit margin, they began selling for $6 each, and the company’s valuation is ten times greater after Shark Tank. The company’s current valuation is $1 million.
Baby Toon Net Worth
The Baby Toon owned by Cassidy Crowley is now worth a whopping $1 million. This incredible feat is proof of Cassidy’s foresight, persistence, and entrepreneurial drive. In addition to its commercial success, The Baby Toon has improved the lives of parents by reducing the likelihood of accidents involving their infants.