Banana Phone Shark Tank Net Worth-What Happened After Shark Tank?
Banana Phone Shark Tank Net Worth
As of March 2023, Banana Phone is still in business and estimated to have a net worth of $2.5 million.
Banana Phone is a company founded in 2017 by Brian Brunsing, Charlie Katrycz, and Max Brown. Their product is a Bluetooth handset for cell phones with the same shape and looks as a banana.
They appeared on Season 14 Episode 2 of Shark Tank USA, asking for $250K for a 10% equity, with a $2.5 million valuation.
In September 2022, Banana Phone appeared on Shark Tank Season 14 with the hopes of raising $250,000 for just 10% equity.
However, none of the sharks made an offer as they couldn’t find a way to make their money back in a reasonable amount of time.
Despite not getting a deal on Shark Tank, Banana Phone’s net worth is estimated to be $2.5 million as per the founders’ valuation. As of September 2022, Banana Phone had total sales of $1.6 million.
The product costs $39.99 and works with Android and iPhone. Customer acquisition costs are $9 which impressed the sharks.
Banana Phone is a Bluetooth device shaped like a banana that allows for conversations to take place. The company was founded in 2017 by Brian Brunsing, Max Brown, and Charlie Katrycz.
Banana Phone has been featured in HuffPost, Esquire, and The Verge. They also released a kid’s song named “Banana phone” on YouTube which gained 25 million views as of 2022.
Table: Banana Phone Summary
| INFORMATION | DETAILS |
| Product | Bluetooth handset for cell phones shaped like a banana |
| Founders | Brian Brunsing, Charlie Katrycz, and Max Brown |
| Shark Tank Appearance | Season 14 Episode 2, asking for $250K for a 10% equity with a $2.5 million valuation, no deal made |
| Current Net Worth | $2.5 million (as of March 2023) |
| Total Sales | $1.6 million (as of September 2022) |
| Product Cost | $39.99 |
| Customer Acquisition Cost | $9 |
| Other Products | Heart Phone (a cell phone shaped like a heart) |
| Media Features | HuffPost, Esquire, The Verge |
| Song Release | “Banana Phone” on YouTube, 25 million views as of 2022 |
| Current Status | Still in business (as of November 2022) |
| Valuation | $1.2 million (source: unknown) / $1.6 million (source: Geeks Around Globe) |
| Donations | 2% of annual sales to gorilla conservation as part of 1% for the Planet program |
| Additional Information | Made from recycled plastic and chips that are conflict-free, packaging is recyclable |
Note: There is some discrepancy in the sources regarding Banana Phone’s net worth, with one source stating $1.2 million and another stating $1.6 million.
Banana Phone Shark Tank Updates
Banana Phone is a Bluetooth handset designed in the shape and color of a banana. It can be connected to any smartphone via Bluetooth, allowing users to talk on the Banana Phone. The product was started in 2017 by three friends.
The company also sells a Heart Phone, a cell phone that is shaped like a heart. The Banana Phone is made from recycled plastic and chips that are conflict-free, and the packaging is completely recyclable.
Banana Phone appeared on Shark Tank during the second episode of Season 14. The entrepreneurs, Brian Brunsing, Max Brown, and Charlie Katrycz, asked for $250,000 for a 10% equity at a $2.5 million valuation.
While some of the sharks seemed interested, others did not picture themselves with the product. The current net worth of Banana Phone is estimated at $2.5 million.
As of November 2022, Banana Phone is still in business. The future seems bright for Banana Phone, but they need to find a way to increase sales. The product is more of a novelty gift than an actual technological device that would be used seriously.
However, it is a fun and unique product that brings joy to its users.
How Does The Banana Phone?
The Banana Phone is a Bluetooth headset shaped like a banana that connects to your smartphone, allowing you to make and receive calls. It has a speaker near the stem and a microphone near the bottom.
The design is both a good imitation of the yellow fruit and easy to use, with only three buttons on its body.
You can adjust the speaker and ringer levels by pressing the two volume buttons and use the center multi-function button to turn on the Banana Phone, pair it with your smartphone, operate voice commands, answer calls, and reject calls.
The naner pairs easily with your smartphone, and the included Micro USB cord keeps it charged.
The Banana Phone is a fun and unique accessory that brings joy to phone calls while supporting gorillas through 1% for the Planet. It is compatible with voice commands and can be used with Siri or Google Assistant.
The Banana Phone can also be used to play music by clicking the multifunction button. The new model of the Banana Phone, released in 2019, has a louder speaker than the original model.
What Is The Current Valuation Of Banana Phone?
Banana Phone is a Bluetooth handset phone that looks like a banana and is used for entertainment purposes. It was invented in 2017 by three friends, Brian Brunsing, Charlie Katrycz, and Max Brown.
The company, Banana Phone LLC, was featured on Shark Tank in September 2022 and had a net worth of around 2.5 million USD as of 2023. Since appearing on Shark Tank, Banana Phone has experienced tremendous growth and success, securing additional funding and partnerships.
As of November 2022, Banana Phone is still in business and its product is available on its website and Amazon for $39.99.
Banana Phone’s net worth is estimated to be $1.2 million. However, Geeks Around Globe reports that Banana Phone’s current net worth is 1.6 million USD. It is unclear why there is a discrepancy between the two sources.
In any case, Banana Phone’s net worth has decreased since appearing on Shark Tank, but it is still a successful and thriving business.
In addition to being a fun and nostalgic product, Banana Phone also donates 2% of its annual sales to gorilla conservation in the Democratic Republic of Congo and Rwanda as part of the 1% For the Planet program.
Overall, Banana Phone is a unique and successful business that has proven that with the right idea and execution, anything is possible.
What Is Banana Phone? Who Founded Banana Phone?
Banana Phone is a new generation of cordless phones that allows users to converse on their phone while really speaking into the “banana.”
The handset connects to Bluetooth devices such as Google, Siri, Alexa, Android, and iPhone and Bluetooth speakers.
It was invented by three entrepreneurs, Max Brown, Brian Brunsing, and Charlie Katrycz from Bend, Oregon.
They met as campers and guides at Camp Pathfinder. The cost of the Banana Phone is $49.99 and can be bought directly from the company’s website.
It is important to note that Bananaphone is also a children’s album released by Raffi and Michael Creber in 1994.
The album is best known for its title track which uses puns such as “It’s a phone with appeal!” (a peel) and nonce words like “bananular” and “interactive-odular” as Raffi extols the virtues of his unique telephone.
The song has experienced sustained online popularity since 2004 on platforms such as YouTube and TikTok.
What Happened To Banana Phone At Shark Tank?
Banana Phone appeared on Shark Tank during Season 14 and failed to earn a deal with the sharks. The entrepreneurs, Brian Brunsing, Max Brown, and Charlie Katrycz, asked for $250,000 for 10% equity in their business.
All of the sharks decided to drop out of the negotiations without making an offer as they couldn’t find a way to feasibly make their money back in a reasonable amount of time.
Since appearing on Shark Tank, Banana Phone has been selling online on Amazon and their website.
They have also donated 1% of their yearly sales to Gearing Up 4 Gorillas, a non-profit that focuses on the conservation of mountain gorillas in the Virunga National Park in the Congo.
As of September 2022, Banana Phone had total sales of $1.6 million and a net worth of $2.5 million.
What Happened To Banana Phone After Shark Tank?
Banana Phone appeared on Shark Tank in episode 1402, where entrepreneurs Max Brown and Brian Brunsing introduced their “phone with APPEAL” to the Sharks.
The Banana Phone is a Bluetooth device that looks like a banana and works with genuine smartphones, allowing for conversations to take place.
They asked for $250,000 for 10% equity but did not receive any offers from the Sharks. Despite not getting a deal on the show, Banana Phone is still in business and has been selling online on Amazon and their website since then.
As of September 2022, Banana Phone had total sales of $1.6 million. They have gained 25 million views on their YouTube Banana Songs as of 2022.
The company donates 1% of its yearly sales to Gearing Up 4 Gorillas, a non-profit that focuses on the conservation of mountain gorillas in the Virunga National Park in the Congo.
As of March 2023, there are no further updates available about Banana Phone’s progress after Shark Tank.
Is Banana Phone Still In Business?
Yes, Banana Phone is still in business as of November 2022. The company was founded in 2017 by three friends who share a love for gorillas and bananas.
The product is a novelty Bluetooth-enabled device that can connect to smartphones. It looks like a banana and can be used for entertainment purposes only.
The phone has been featured on Shark Tank, where the entrepreneurs pitched their business idea but did not get a deal.
Banana Phone has lifetime sales of $1.6 million and a net income of $400,000 as of 2021. The company donates 1% of its profits to protect endangered gorillas in the wild. They have gained 25 million views on their YouTube Banana Songs as of 2022.
The future seems bright for Banana Phone, but they need to find a way to grow their business through proper marketing strategies.
Despite being more of a novelty gift than an actual technological device that would be used seriously, the product is still alive and well with positive reviews on Amazon where it averages 4.5 stars from over 1,280 users.
