The Baby Toon Net Worth 2024: What Happened After Shark Tank

0
891
The Baby Toon Net Worth

The Baby Toon is a soft spoon, especially designed for babies. It is made of 100% food-grade silicone and is available in different designs. It is made to help babies eat their food comfortably without hurting their soft gums.

This amazing invention belongs to a 7-year-old entrepreneur named Cassidy Crowly. She appeared on season 11 of Shark Tank with a proposal of 50% equity for $100K. Crowley was 10 years old when she entered the reality show.

For those curious to know what happened to The Baby Toon after Shark Tank should read the below post.

Quick Facts

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
Social Media Instagram
Facebook
Twitter
Last Updated: Jan 23, 2024

Who is the founder?

The Baby Toon was founded by Cassidy Crowly from Honolulu, Hawaii. She came up with the idea of creating a silicone spoon after seeing her parents struggle to feed her baby sister.

Cassidy noticed how her mother always used plastic spoons to feed her sister. This led her to create the prototype. At that time, she was just 7 years old. Although she is the main creator of the product, Cassidy received help from her parents and sisters as well.

Founding The Baby Toon

Cassidy Crowley wanted to create something that would help babies eat more comfortably. She was worried about babies hurting their gums and mouths while using hard spoons. This is how she came up with the idea of a silicone baby spoon.

The Baby Toon is a multi-purpose product for babies and infants. It can be used as a spoon, feeding handle, and teething toy. She designed the prototype and received help from her parents to turn it into a business.

The product is available at $15. However, little Cassidy was getting too occupied for her age, so they decided to seek help from Shark Tank.

The Baby Toon

The Baby Toon on Shark Tank

Cassidy entered Shark Tank season 11 with her mother. They offered a deal of $50,000 for 50% equity of their company. She wanted the investors to own half of her business, so she could focus on her studies.

Needless to say, the Sharks were impressed to see Cassidy’s intelligence at such a young age. Although the Sharks liked her idea, they didn’t offer her a deal, except Lori Greiner. She took up the offer and finalized the deal.

The Baby Toon After Shark Tank

After getting featured on Shark Tank, the company received immense popularity. Although half of the company is owned by Lori Greiner, the position of CEO is occupied by Cassidy Crowley.

As per reports, The Baby Toon signed a licensing contract with one of the leading companies, Munchkin Baby Products. Currently, the product is sold on Amazon and Munchkin’s website.

Since The Baby Toon is a multi-purpose product, it is loved by customers. Besides online sites, it is also available at many retailers across the U.S.

After Shark Tank, the product was sold at $6, which increased the profit margin by 50%. At present, the estimated net worth of the company is $1 million.

FAQs

1. How is Baby Toon from Shark Tank doing?

Baby Toon, which appeared on Shark Tank and impressed the judges quite well seems to be doing quite well business-wise and has over $1 million in valuation.

2. Who is the owner of Baby Toon?

The owner of Baby Toon is Cassidy Crowley. She is the one behind the product and the marketing of the product and the company too.

3. Is Baby Toon dishwasher safe?

Besides the appearance, one of the main reasons why Baby Toon gained so much traction was due to its functionalities. It is not unique and affordable but it is dishwasher safe too.