FunHouse Shark Tank Update | What Happened to FunHouse after Shark Tank?

What is FunHouse?

The FunHouse is an entertainment venue found at amusement parks and fairs that offers a range of interactive experiences meant to surprise, challenge, and entertain visitors.

The show was created by Todd Robbins and David Adamovich, who is a magician and specialist in offbeat entertainment.

David Adamovich, who has a doctorate in kinesiology, is an ordained preacher, and former pool hall manager, decided to pursue his passion at the age of 50 and became a knife thrower, also known as an impalement artist.

He holds 25 world records as the Great Throwing and is widely considered the best knife thrower in the world.

Who is the founder of FunHouse?

Todd Robbins and David Adamovich founded FunHouse, a place for a diverse range of entertainment including magicians, knife throwers, plate spinners, acrobats, and fire breathers.

David was an 18 year professor before he began performing magic tricks and knife throwing. He has also served as an ordained clergyman and owns a pool hall.

He found his passion for knife throwing at the age of 50 and encourages others to not give up on learning something new.

David holds over 25 world records in knife throwing, including most knives thrown around a human target in one minute.

FunHouse, which was previously smaller versions in restaurants and bars across New York City, but the 25,000 square foot structure they envisioned will tap into the audience of 35 million visitors that visit Times Square each year.

What Happened to FunHouse at Shark Tank pitch?

Todd Robbins and David Adamovich presented The Funhouse Project to the Shark Tank during episode 107, seeking a $300,000 investment for a 20% stake in their company, which they valued at $1.5 million.

Robbins began by performing a magic trick and Adamovich followed with a knife-throwing demonstration.

Daymond John was impressed and even volunteered to stand in front of the board, but the Sharks ultimately decided not to invest due to the high risk and expenses involved in the business.

Despite this, Robbins and Adamovich left the Shark Tank without a deal.

What Happened to FunHouse after Shark Tank?

Kevin O’Leary attempts knife-throwing as he and his partner leave the stage, seeking help from Barbara Corcoran but is rejected.

Despite his impressive throwing skills, he manages to successfully embed a knife into the wooden backboard.

Meanwhile, Robbins and Adamovich are disappointed with their failure to secure funding from the Sharks on Shark Tank.

Without financial support, their business venture, The Funhouse Project, never launches and the company eventually goes out of business, fading from memory like a fleeting treat.

Competitors of FunHouse

The FunHouse offered a combination of excitement and risk, differentiating it from its rivals such as Exit 151 Productions, Simply Chosen Inc., Tritan-Northstar Entertainment Inc. and Thunderstorm Entertainment, LLC.

Net Worth of FunHouse

The company valuation was $1.5 million during and after the pitch. Since then the company is no longer operating and hence the company net worth is unavailable.

FunHouse FAQs

What is FunHouse?

“FunHouse” is an entertainment facility located on amusement park and funfair midways where clients engage with a variety of devices meant to surprise, challenge, entertain and frighten them.

Who is the founder of FunHouse?

Todd Robbins and David Adamovich are the founders of FunHouse. Todd and David envisioned it as an eclectic mix of entertainment, including magicians, knife throwers, plate spinners, acrobats and fire breathers. They wanted to create a place where people could actually meet their fears.

How much were they seeking on Shark Tank?

They were seeking for $300,000 for 20% equity of the company, which valued at $1.5 million.

Did they have the deal?

No, they did not get any deal on the show.

Is FunHouse still in business?

No, FunHouse is no longer in operation.

Where was the FunHouse located?

The FunHouse is located at park & ride between Coney Island and Stillwell Avenue in Brooklyn, New York.

Was FunHouse a scam?

No, FunHouse was not a scam. It was an actual business that lost its funding because they did not get any deal on Shark Tank.

How was FunHouse work?

The FunHouse is a unique entertainment facility where clients engage with a variety of devices meant to surprise, challenge, entertain and frighten them.

How much does FunHouse cost?

The admission fee per person into the FunHouse is $15.

How many different services does FunHouse offer?

It offers various activities like knife-throwing, plate spinning, fire-breathing and more.

What was the value of their business during Shark Tank?

The company valuation was $1.5 million during and after the pitch.

Why the Funhouse project is different?

There is no other live entertainment facility like this in the industry that combines fun and fear seamlessly together for clients to enjoy both experiences.

Was FunHouse safe?

Yes, FunHouse is a safe business.

Was FunHouse offering a discount?

No, it did not offer any discount.

What was the age requirement for FunHouse?

The only age requirement to enter or exit FunHouse is that patrons must be 18 years of age or older.

How was the business model of FunHouse?

The FunHouse business model is to provide fun and thrill for the clients. It is a live entertainment facility where people come for pleasure and excitement.

How much does it cost to maintain FunHouse daily?

FunHouse has no significant maintenance cost as it is a live entertainment facility where people have access to various activities like knife throwing, plate spinning, fire-breathing and more.

What was the revenue of FunHouse?

FunHouse had no significant revenue as it was a new startup business on Shark Tank.

What were the methods of payment accepted by FunHouse?

FunHouse accepts cash and credit card payments as an entertainment facility.

How much does Toddy Robbins worth?

Toddy Robbins is an American magician and illusionist whose net worth is $1.5 million.

How much does David Adamovich worth?

David Adamovich is an American magician and illusionist whose net worth is $7 million.