Clean Cube Shark Tank Net Worth 2023
Clean Cube Shark Tank Net Worth
Clean Cube, founded by Arthur Shmulevsky and Ryan Argan, was featured on Shark Tank in November 2015. The company held a net worth of $3 million at the time, but the co-founders failed to score a deal in the Shark Tank.
Clean Cube had established itself in 40 different apartment buildings and achieved $150,000 from their landlords before appearing on Shark Tank.
The website for Clean Cube is still up and running as of February 20, 2023, but it is unclear what the current net worth of the company is. The net worths of Arthur Shmulevsky and Ryan Agran are also unknown.
What is Clean Cube? Who is the founder of Clean Cube?
Clean Cube is an automated locker system that can be found in apartment buildings, which allows residents to make use of it for a fee.
The idea behind Clean Cube is to function as a neighborhood concierge. It was founded by Arthur Shmulevsky and Ryan Agran, who were entrepreneurs before this project.
Clean Cube puts lockers in the lobbies of residential buildings in a cabinet-like fashion. Residents are given a unique PIN code to unlock and activate their chosen locker.
If you need to arrange a dry cleaning pick-up, you would simply enter your PIN and the system would inform you which lockers are available.
Once you have placed your belongings in the locker, you don’t have to wait for them or worry about leaving them in an unsecured spot.
Clean Cube also provides package delivery services. If you have an order for delivery, you can send it to the Clean Cube offices, and they will place it in a secure locker in your building and notify you by text or email when it arrives. You can also ship packages, give to charity, or store belongings in the lockers.
Clean Cube has already installed its lockers in 40 buildings in New York City and plans to expand to 1,000 buildings in four years.
Property owners see the service as a value-addition to their building, while residents appreciate the convenience and safety it offers.
Clean Cube charges a reasonable fee of three dollars for shipping or receiving a parcel, while wash and fold costs $1.15 per pound, and dry cleaning costs the same as the store price.
To make a profit, Shmulevsky charges a premium for services that serve all Clean Cubes in the city. The Clean Cube team is also working on developing chilled lockers for meal deliveries.
Clean Cube Shark Tank pitch
Arthur Shmulevsky and Ryan Agran presented their business, The Clean Cube, on episode 708 of Shark Tank. Their company is an “automated doorman service” that aims to solve the “final mile” problem in the on-demand economy.
They had a Clean Cube onstage that Barbara tested out by dropping off dry cleaning in one cubicle and picking up a box in another using a password.
The entrepreneurs were seeking $300,000 for a 10% stake in their company, which was valued at $3 million. They needed the funding to expand and scale their business, including expanding their storage, laundry, and dry cleaning space.
The Clean Cube was already in 40 buildings, with the smallest having 10 units and the largest having 168 units. Each building required around 7 Clean Cube units.
Kevin was concerned about the potential for lengthy discussions with each location, and Robert did not like the company’s footprint, so they both passed on investing.
Lori acknowledged that The Clean Cube was dealing with a significant issue, but she did not see a clear solution and also decided not to invest. Mark did not see a “wow factor,” and Barbara did not believe it was a significant opportunity.
Ultimately, the entrepreneurs left without a deal. Although they were able to get into 40 residential buildings in New York City, The Clean Cube shut down in November 2015 after three years in operation.
Today, Ryan is the Senior Director of Operations at Latch, while Arthur is the Chief Operating Officer at FinOptimal, both located in New York.
Net Worth of Clean Cube
The company valuation was $3 million during and after the pitch, in November 2015 the company went out of business and hence the company net worth is not available.
Clean Cube Shark Tank Updates
The Clean Cube is a business that appeared on Shark Tank in November 2015. The Clean Cube is an “automated doorman service” that places locker-like cabinets in apartment building lobbies. Residents get a PIN number to open and activate the lockers.
They can use the lockers to schedule dry cleaning, laundry, and package delivery. The Clean Cube was seeking $300,000 for 10% of their business.
According to a Shark Tank Blog update in November 2015, The Clean Cube managed to get into 40 residential buildings in New York City. However, they closed their doors in November 2015 after three years in business.
A more recent update from Shark Tank Success in December 2022 states that The Clean Cube is currently available in over 40 residential lobbies in the New York City area.
The net worth of The Clean Cube founders, Arthur Shmulevsky and Ryan Agran, is unknown. The business was valued at $3 million before appearing on Shark Tank in November 2015. However, as of November 2022, The Clean Cube is out of business.
Clean Cube Shark Tank Table Summary:
| CATEGORY | INFORMATION |
| What is Clean Cube? | An automated locker system for package delivery and laundry services in residential buildings. |
| Founders | Arthur Shmulevsky and Ryan Agran |
| Shark Tank Pitch | Seeking $300,000 for a 10% stake in their company, which was valued at $3 million. |
| Shark Tank Outcome | The co-founders failed to score a deal in the Shark Tank. |
| Net Worth of Clean Cube | The net worth is unknown, as the company went out of business in November 2015 after three years in operation. |
| Current Status | The website for Clean Cube is still up and running as of February 20, 2023. According to a December 2022 update, Clean Cube is available in over 40 residential lobbies in the New York City area. The net worths of the founders are also unknown. |
| Founder(s) | Arthur Shmulevsky and Ryan Agran |
| Shark Tank pitch | – Seeking $300,000 for a 10% stake in the company. Company valued at $3 million, failed to secure a deal |
| Clean Cube services | Dry cleaning, laundry, and package delivery |
| Net worth of Clean Cube | $3 million before appearing on Shark Tank in 2015, current net worth is unknown |
| Clean Cube updates | – Shut down in November 2015 after three years in business, currently available in over 40 residential lobbies in the New York City area |
| Founders’ current positions | Ryan Agran is the Senior Director of Operations at Latch, Arthur Shmulevsky is the Chief Operating Officer at FinOptimal |
What Happened To Clean Cube After Appearing On Shark Tank?
Clean Cube, an automated doorman service that placed locker-like cabinets in apartment building lobbies, appeared on Shark Tank in November 2015. The founders, Arthur Shmulevsky and Ryan Agran, asked for $300,000 in exchange for 10% of their business.
While they managed to get into 40 residential buildings in New York City and achieved $150,000 from their landlords, they failed to secure a deal with the Sharks.
Clean Cube closed its doors in November 2015 after three years in business. Despite their initial success, the company likely needed more funding to expand and increase storage, laundry, and dry cleaning space.
While the website for Clean Cube is still up and running, it is unclear what the current net worth of the company is. Their social media sites are lacking updates, but the service seems to be alive and well in New York City.
Why Did Clean Cube Shut Down After Appearing On Shark Tank?
The reason for Clean Cube’s closure after appearing on Shark Tank is unclear from available sources. However, it is known that the company shut down in November 2015 after being in business for three years.
Possible reasons for the closure include financial difficulties, inability to secure sufficient funding, or competition from other similar services in the market. Despite the closure, the Clean Cube website is still active, and the service seems to be available in New York City.
Did the Exposure on Shark Tank Help Clean Cube’s Business?
No, there is no information available on whether appearing on Shark Tank helped Clean Cube’s business before it shut down.
Nonetheless, being on the show can provide entrepreneurs with free national publicity and valuable feedback from the Sharks, which can lead to boosts in traffic, revenue, and customers, even if they don’t receive a deal from one of the Sharks.
Clean Cube appeared on Shark Tank in Season 7 and pitched their automated doorman service for residential locations, asking for $300,000 to scale the business.
The Sharks were interested in the idea and believed that the Cubes would allow landlords to charge higher rents, much as they did with doormen. However, research for a Clean Cube update revealed that the company shut down.
Are There Any Similar Products To Clean Cube Available On The Market?
Yes, there are several household cleaning products available on the market that are similar to Clean Cube in terms of effectiveness and ease of use. The New York Times recommends disinfecting wipes that use the same non-bleach disinfectant as Clorox wipes.
The Spruce has reviewed and tested steam cleaners and recommends the BLACK+DECKER 7-in-1 Multipurpose Steam Cleaner. Amazon also offers Soft Scrub-in-Tank Toilet Cleaner Duo-Cubes, which are convenient to use and each cube provides up to 4 weeks of cleaning.
NBC News has compiled a list of the 15 best eco-friendly cleaning products, which includes Boulder Clean toilet cleaner. It is important to note that while these products are not identical to Clean Cube, they offer similar features and functions.
What Is The Current Status Of Clean Cube?
Clean Cube is a company that provides digital doorman services for residential buildings, offering secure and convenient storage options for packages, dry cleaning, and personal items.
They partner with property managers to offer these amenities in buildings and are currently available in over 40 residential lobbies in the New York City area.
While the company was able to get into 40 buildings in New York City after appearing on Shark Tank in 2015, it shut down in November of that year after three years in operation. As of February 2023, it is unclear what the current net worth of the company is.
It’s important to note that Clean Cube should not be confused with CleanCUBE, which is a solar-powered trash compactor manufactured by Ecube Labs and is unrelated to Clean Cube.
How Does Clean Cube Work?
Clean Cube is a solar-powered trash compactor that uses a built-in sensor to detect when waste reaches the fill level and starts the compaction process, which allows the bin to hold up to 8 times more waste and reduces the frequency of collection by up to 80%.
It can accept a standard wheelie bin and has a backlit LED or plain advertising panel for revenue opportunities.
It should be noted that other products and services also use the name Clean Cube, including a cabinet-style locker system designed for residential buildings, a modular pre-designed clinical room, and disposable trash and recycle bins.
Where Is Clean Cube Available?
Clean Cube is a digital doorman service that offers laundry, dry cleaning, package delivery, and mini-storage. Currently, Clean Cube is available in over 40 residential lobbies in the New York City area.
The service is offered in residential buildings, and it is uncertain if it is available in commercial buildings or other cities. Clean Cube has smart lockers of various sizes that can store anything that can fit inside the locker.
The service is intended to make life easier for apartment building residents by providing a digital doorman that can take care of various tasks. Clean Cube products are not available online or in local stores, according to The Home Depot website.
It is unclear if Clean Cube products are sold in other retail stores or if they are only available through the Clean Cube website.
What is Clean Cube?
Clean Cube is an automated doorman service. It provides a secure, safe, and convenient place to store packages, dry cleaning, and personal items.
Who is the founder?
Arthur Shmulevsky and his business partner Ryan Agran are the founders. Clean Cube was born out of a need for a better way to get packages, dry cleaning, and personal items secured in buildings.
How much were they asking on Shark Tank?
They were asking for $300,000 in exchange for 10% of their business valued at $3 million.
Did they have the deal?
No, they did not have the deal. They walked away without a Shark on board with three out of five Sharks turning them down.
Is Clean Cube still in business?
Unfortunately, Clean Cube closed its doors in November 2015 after three years in business.
Where was Clean Cube located?
Clean Cube was in New York City, NY.
What is the net worth of Clean Cube?
The net worth of Clean Cube is not available at the moment.
How many employees did Clean Cube have?
There were nine employees at the time of the pitch on Shark Tank.
How big was Clean Cube?
At the time of the pitch, Clean Cube had 40 locations in 40 buildings with around 7 residences per building.
How many units did each building have?
Each building varied from 10 units to 168 units per building.
How does Clean Cube work?
Automated locker cabinets are installed in the lobbies of residential buildings, with each cabinet being assigned a PIN code.
To retrieve the package or dry cleaning from the cabinet, users enter their PIN code into the computer system of the cabinet; once entered correctly and approved by them for access to their locker, users may retrieve their package or dry cleaning.
Was Clean Cube a scam?
While Clean Cube was not a scam, the founders claim that they shut down the business prematurely.
They claim they could have potentially scaled to over 400 locations across multiple cities, but they wanted to grow organically.
Where the founders now?
Ryan is the Senior Director of Operations at Latch, while Arthur is the Chief Operating Officer at FinOptimal, both of which are in New York City.
What is the net worth of Arthur Shmulevsky?
Arthur Shmulevsky net worth is not available at the moment.
What is the net worth of Ryan Agran?
Ryan Agran net worth is not available at the moment.
