Toymail
Dealplush toy that allows children to send voice messages
Toymail is a plush toy that allows children to send voice messages that got its big break on Shark Tank in Season 8, and convinced Lori Greiner and Chris Sacca to invest.
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From the show
The Shark Tank pitch
- $250K
- Asked for
- 2.5%
- Offered equity
- $10M
- Sought valuation
- $600K
- Deal amount
- 5%
- Deal equity
- $12M
- Deal valuation
The team stepped onto the carpet in Season 8, Episode 17 in the episode that aired February 17, 2017. Toymail, the plush toy that allows children to send voice messages, pitched in the Kids & Education category, one of 134 kids & education businesses to brave the Tank across all 17 seasons.
The ask was $250,000 for 2.5% of the company, an implied valuation of $10M.
Lori Greiner and Chris Sacca teamed up at $600,000 for 5% equity. The deal valued the company at $12M.
Season 8 saw 96 pitches, and 59 of them closed a deal on air. In the Kids & Education category overall, roughly 66% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Toymail?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Toymail get a deal on Shark Tank?
Yes. Toymail closed a deal for $600,000 in exchange for 5% equity, with Lori Greiner and Chris Sacca.
Which shark invested in Toymail?
Lori Greiner and Chris Sacca invested in Toymail ($600,000 total as aired).
What season of Shark Tank was Toymail on?
Toymail appeared in Season 8, Episode 17, which aired February 17, 2017.
How much was Toymail asking for on Shark Tank?
The founders asked for $250,000 for 2.5% of the company, a $10M valuation.
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