BellyBuds Shark Tank Update
  • Save

BellyBuds Shark Tank Net Worth 2023

BellyBuds Shark Tank Net Worth

The BellyBuds is estimated to be worth $4 million, with roughly $110,000 in cash and $1.3 million worth of inventory.

According to Shark Tank Success, BellyBuds was founded in 2009 and has grown steadily since then. Celebrity stars Kim Kardashian and Christina Applegate have both used Belly Buds during their pregnancies, which likely increased demand for the product.

After appearing on Shark Tank in 2018, BellyBuds experienced a surge in traffic and retail sales, tripling over the weekend and settling out at about double in the week after the show.

Today, are available online through their website and other retailers such as Amazon.

What is BellyBuds? Who is the Founder of BellyBuds?

BellyBuds is a prenatal audio system intended for expectant mothers to share music with their unborn children. The buds were created so that women could move around while still playing music for their baby in the womb.

The concept for BellyBuds was developed by William Curtis, who enlisted the help of his friend and product designer, Matt Von Wadden, to construct the audio device.

Currently, the creators of BellyBuds are working to save their business after a decrease in revenue.

William came up with the idea for the product after realizing that his pregnant wife wanted to play music for their unborn child but was unable to do so because of other responsibilities.

He partnered with a friend to design the product, and they conducted research that revealed that exposing a fetus to music after 20 weeks is crucial for the baby’s voice and sound recognition development.

BellyBuds gained widespread attention after being featured on popular TV shows such as Keeping Up with the Kardashians and Modern Family.

BellyBuds Shark Tank Pitch

In November 2013, the creators of BellyBuds, Curtis Williams and Matt Von Waaden, presented their company on Shark Tank, hoping to secure a $500,000 investment in exchange for 12.5% equity, resulting in a $4 valuation.

To showcase the product, they brought a pregnant model and demonstrated how BellyBuds stick to the belly to stimulate the baby’s hearing while still in the womb.

The company’s sales were $300,000 in the first year (2012), with sales exceeding $500,000 in the first half of 2013.

Although their revenue was good, the company was losing money due to underselling their product to other retailers, which jeopardized their ties with key retailers.

However, the entrepreneurs managed to resolve the situation by pausing sales until the underselling firms sold their inventory, thus preserving their relationships with important retailers. Each BellyBuds bundle cost less than $10 to produce, and they retail for $49.99.

During the Shark Tank episode, Lori Greiner inquired about the company’s patent, and Matt stated that they had a pending patent, along with multiple trademarks.

However, Lori pointed out that trademarks would not prevent their product from being duplicated. Kevin O’Leary doubted the company’s value, and Barbara Corcoran refused to make an agreement since she found the company’s $500,000 valuation to be excessive.

Robert Herjavec felt that the competition was too fierce, and the company lacked a market niche.

Mark Cuban added that the absence of a patent would leave them vulnerable to knock-offs. Consequently, BellyBuds left the show without securing an investor.

After the Shark Tank appearance, the company’s website traffic surged from 200-300 daily hits to 15,000 the night of the episode.

Additionally, retail sales doubled over the weekend and stabilized at almost double in the following week. BellyBuds are now available online and in retail stores such as Amazon, Babyland, and BuyBuyBaby, both in the United States, Canada, and internationally.

In 2017, the company rebranded as WaveHello and expanded its product line to include the Soundbub, a plush toy/radio, the LoveBub, a lamb-headed blankie that plays music and white noise, and a newborn footprint/handprint kit that can be framed. As of August 2021, WaveHello’s annual sales had grown to $5 million.

BellyBuds Net Worth

Owners pitched their firm on Shark Tank seeking a $500,000 investment in exchange for 12.5 percent of the company. This represents a $4 valuation.

BellyBuds Shark Tank Update

Bellybuds appeared on Shark Tank in 2013, where entrepreneurs Curtis Williams and Matt Von Waaden pitched their product, which is a headphone-like speaker system for baby bumps.

The product attaches to an expectant mother’s belly, allowing the mother to play music or other audio directly to the baby.

The entrepreneurs asked for $500,000 in exchange for 12.5% equity, but none of the Sharks made an offer. Despite not receiving a deal, the Shark Tank effect propelled Bellybuds into a top-selling product.

In a post-show update, Williams stated that they alerted their retailers about the appearance on Shark Tank so they could stock up, and their website stood up to the Shark Tank effect.

They also stated that they were very happy with the reaction since the show’s come out and that they wanted to expand their distribution.

As of March 2023, there is no recent update on Bellybuds’ progress since their appearance on Shark Tank in 2013. However, according to a 2021 update, the company was doing well, with yearly revenues of $5 million.

Summary Table for Bellybuds:

TOPIC DETAILS
Net Worth 2023 BellyBuds is estimated to be worth $4 million, with roughly $110,000 in cash and $1.3 million worth of inventory.
Founders BellyBuds was founded by William Curtis, who partnered with his friend and product designer Matt Von Wadden.
Product BellyBuds is a prenatal audio system intended for expectant mothers to share music with their unborn children.
Shark Tank In 2013, BellyBuds appeared on Shark Tank, hoping to secure a $500,000 investment in exchange for 12.5% equity, resulting in a $4 valuation.
Sales The company’s sales were $300,000 in the first year (2012), with sales exceeding $500,000 in the first half of 2013.
Update As of 2021, BellyBuds, now known as WaveHello, had annual sales of $5 million. There is no recent update on Bellybuds since 2013.

What Happened To BellyBuds After The Shark Tank?

Bellybuds are a pair of speakers designed to play music on the bellies of pregnant women. The inventors of Bellybuds, Curtis Williams and Matt Von Waaden, pitched their business on Shark Tank in November 2013, seeking an investment of $500,000 in exchange for 12.5% equity.

However, they did not get a deal from any of the sharks. Despite not finding a deal on Shark Tank, BellyBuds are available online, both through the website and through retail stores like Amazon, as well as being sold through various large retailers, such as BuyBuyBaby. BellyBuds can be found across the US, Canada, and even internationally.

After Shark Tank aired, the “Shark Tank effect” affected BellyBuds hard. On the night of the airing of the BellyBuds episode, hits exploded to 15,000 that night. Retail sales jumped as well, tripling over the weekend and settling out at about double in the week after the show.

Williams continues to sell BellyBuds and has designed additional baby/parenting products under the company name WavHello.

Other WavHello products include SoundBub, a portable and rechargeable white noise machine that helps babies sleep, and VoiceShare, an app that records voice messages, lullabies, and stories to be played back to babies.

What Is BellyBuds In Shark Tank?

Bellybuds is a baby-bump sound system that allows expectant mothers to play music or messages from loved ones directly to the womb from their iOS, Android, or any standard audio device.

The product attaches to the mother’s belly, so the baby won’t miss a beat. Bellybuds are safe, tailored speakers that gently adhere to the baby’s belly and securely provide memory-shaping sound right to the womb.

The earphones stick to the belly with a medical-grade reusable adhesive that only the baby can hear.

Curtis Williams and Matt Von Waaden are the founders of Bellybuds. They pitched their company on Shark Tank in November 2013, seeking a $500,000 investment in return for 12.5% equity, which valued their company at $4 million.

However, none of the sharks made an offer, and they left the tank without a deal. Despite not finding a deal on Shark Tank, Bellybuds experienced a surge in traffic and retail sales, tripling over the weekend and settling out at about double in the week after the show.

Today, Bellybuds are available online through their website and other retailers such as Amazon.

Did BellyBuds Get A Deal On Shark Tank?

BellyBuds did not receive investment on Shark Tank. The creators, Curtis Williams and Matt Von Waaden, pitched their business on the show in November 2013, offering 12.5% equity for a $500,000 investment, valuing their company at $4 million.

Despite not receiving an offer from any of the sharks, BellyBuds experienced a surge in interest and sales after the episode aired, with website hits increasing to 15,000 on the night of the airing, and retail sales tripling over the weekend and doubling in the following week.

Today, BellyBuds can still be purchased on their website and through various retailers, including BuyBuyBaby.

How Did The Shark Tank Appearance Affect BellyBuds’ Sales?

In November 2013, BellyBuds went on Shark Tank with a proposal for a $500,000 investment in exchange for 12.5% equity, resulting in a $4 million valuation. Despite not receiving an investment from the Sharks, the “Shark Tank effect” helped the company tremendously.

On the night of the episode, the BellyBuds website received 15,000 hits, and retail sales tripled over the weekend, settling at about double in the week after the show. BellyBuds changed its name to WAVhello and expanded its product line.

Today, WAVhello’s products are sold by major retailers such as Target, Walmart, and Amazon. The company’s estimated net worth in 2023 is $4 million, with roughly $110,000 in cash and $1.3 million worth of inventory.

How Has BellyBuds Grown Since Appearing On Shark Tank?

BellyBuds appeared on the TV show Shark Tank in November 2013 with the goal of securing a $500,000 investment in exchange for 12.5% equity, which would result in a $4 valuation.

However, none of the investors on the show made an offer, and the BellyBuds founders left without a deal.

Despite this setback, BellyBuds experienced a surge in both website traffic and retail sales after their appearance on Shark Tank, with sales tripling over the weekend and settling at about double in the week following the show.

Today, BellyBuds are available for purchase online through their website and various retailers such as Amazon, Babyland, and BuyBuyBaby. The product retails for $49.99 and costs less than $10 to manufacture.

While the company approached over $1 million in gross sales, it initially lost money in its first two years of business. BellyBuds had a patent pending for three years, but it had not yet been granted.

BellyBuds gained widespread attention after being featured on popular TV shows such as Keeping Up with the Kardashians and Modern Family.

However, it is unclear how much the company has grown since appearing on Shark Tank in 2013 as the provided search results only cover up to 2023.

Who Is the Founder Of BellyBuds?

Curtis Mark Williams and Matt Von Waaden co-founded Bellybuds. Williams was inspired to create Bellybuds when he saw his wife using her iPod earbuds to play music for their unborn child.

Williams and Von Waaden developed Bellybuds as a safe way to play music and sound for fetuses in the womb, using a “pre-natal speaker system” consisting of dual speakers that stick on each side of the belly.

The co-founders pitched their company on Shark Tank in season 5, episode 8, seeking a $500,000 investment in exchange for 12.5% of the company.

Unfortunately, they did not receive a deal from any of the Sharks. Despite this, the appearance of Shark Tank caused Bellybuds to become a top-selling item on Amazon due to the “Shark Tank effect.”

How Much Were BellyBuds Asking In The Shark Tank?

On the TV show Shark Tank, the founders of Bellybuds, Curtis Williams and Matt Von Waaden, pitched their product and asked for a $500,000 investment in exchange for 12.5% equity in their company.

However, none of the investors on the show made an offer, and the entrepreneurs left without a deal. The founders had originally sought the investment with a pending patent that had been pending for three years at the time.

Who Are The BellyBuds Competitors After Shark Tank?

Bellybuds is a company that produces special speakers that expectant mothers can wear on their baby bumps, allowing them to share music with their babies. The company appeared on Shark Tank in 2013, seeking a $500,000 investment in exchange for 12.5% equity.

However, none of the sharks made an offer, and the company left the show without a deal. Despite this, the company experienced a boost in sales after appearing on the show, becoming a top-selling item on Amazon.

Bellybuds has since expanded its distribution to over 130 Babies R Us stores, 90 Bye Bye Baby stores, and several Bed Bath and Beyond stores. Babausa is a competitor of Bellybuds, but it is unclear if there are other competitors in the market.

Bellybuds’ focus appears to be on expanding its distribution and increasing its net worth rather than on competing with other companies.

Did they get the deal from the Sharks?

They did not get any investment from the sharks.

When did they start BellyBuds?

Curtis Williams and Matt Von Waaden got the BellyBuds business started back in 2009 and has been growing at a steady rate ever since.

Where is the headquarters of Belly Buds?

Belly Buds’ headquarters are in Los Angeles, California, USA.

What exactly is the Belly Buds industry?

Belly Buds works in the Audio and Video Equipment Manufacturing business.

What is the phone number for Belly Buds?

The phone number for Belly Buds is (866) 500-2627.

What exactly is the Belly Buds website?

The website for Belly Buds is www.wavhello.com.

What year did Belly Buds begin?

Belly Buds began in 2009.

Is BellyBuds safe?

BellyBuds are safe customized speakers that softly stick to their baby’s belly and securely deliver memory-shaping sound straight to the womb.

BellyBuds is a safe and effective first step in connecting with their soon-to-be bundle of joy, whether it’s a relaxing melody or a bond-forming voice message.

Are Belly Buds worth it?

5.0 stars out of 5, it’s well worth it.

How do they use BellyBuds?

Plug their BellyBuds into any regular digital music player to get started. They then have two options on how to wear them:

1) No adhesive required – simply tuck them into their pregnant jeans or pregnancy support gear.

2) Adhesive – attach them to their abdomen with the supplied skin-safe Adhesive Disks.

Can they use belly buds with iPhones?

BellyBuds Baby Bump Headphones are compatible with the iPhone 7, as long as they include the Apple aux converter to plug into the 3.5mm aux jack.

Is it good to put headphones on pregnant bellies?

Do not put earbuds or headphones straight on their stomach. The sound will magnify as it flows through the amniotic fluid to their baby, perhaps damaging their kid’s fragile ears.

Should they play music for their baby in the womb?

Listening to and experiencing music stimulates the brain of the foetus and aids in the development of brain structures.

According to new research, newborns recall music they heard in the womb for up to four months after birth.

What volume should BellyBuds be on?

When wearing headphones on their belly, it is advisable to keep the music at or below 70 decibels.

When can they start using BellyBuds?

At around 20 weeks, a baby’s hearing is fully developed. Memories begin at the age of 30.

What is the net worth of Curtis Williams?

Unknown.

What is the net worth of Matt Von Waaden?

Unknown.

Similar Post