MisoMedia App Shark Tank Net Worth 2023
In 2012, the creators of the MisoMedia app appeared on the television show Shark Tank to pitch their product to a group of potential investors.
During the pitch, they requested an investment of $300,000 in exchange for a 5% ownership stake in the company. At the time of the pitch, the company was valued at $6 million.
Unfortunately, despite the initial hype and interest generated by the Shark Tank appearance, MisoMedia ultimately went out of business and is no longer operational.
What is MisoMedia App? Who is the founder of MisoMedia App?
MisoMedia Music is an app designed to provide music education by teaching users how to play stringed instruments. By connecting their instrument and launching the app, users can learn step by step how to play their instrument.
The developer of the app, Aviv Grill, compared it to the popular game Guitar Hero, but with the difference that users play an actual instrument. Aviv’s parents were both involved in the music industry, with his mother being an opera singer and his father a sound engineer.
This familial background inspired Aviv to pursue a career in music technology, and he has worked for various entertainment and technology companies over the years.
As a co-founder of Miso Media, which was a Google-backed startup, Aviv created the app to cater to both professional musicians and amateurs.
The app quickly gained popularity and attracted attention from well-known singers like Justin Timberlake and Ingrid Michelson. Eventually, Google invested $100,000 in Aviv’s startup through an investment round.
Developing an app in today’s mobile-first environment is both easy and challenging. While society’s obsession with downloading the latest applications makes it easier to gain users, the competition is also fierce.
Nonetheless, Aviv managed to create the MisoMedia App, which became a favorite among those looking to learn how to play a string instrument quickly and easily.
Overall, Aviv’s goal was to share his lifelong passion for music by inspiring people of all ages to learn how to play a musical instrument.
MisoMedia App Shark Tank Pitch
Aviv Grill, founder of MisoMedia, presented his unique and well-funded iPad application on episode 309 of Shark Tank, seeking assistance from a Shark to expand his company and take it to the next level. Grill asked for $300,000 in exchange for a 5% stake in his company, which was valued at $6 million.
During the pitch, while Ingrid Michelson impressed the Sharks with her singing, Grill discussed the app’s benefits. The app was designed to teach individuals how to play string instruments, and it included an adapter cable to connect the instrument to the iPad for use with the app.
At the time of the pitch, the Miso Music app had been downloaded over 80,000 times for free, with plans to use it to sell sheet music.
Daymond believed that Grill was not truly interested in making a deal and left, while Barbara was also out because she did not invest in apps.
Mr. Wonderful offered $100,000 for a 3.33% stake and invited other Sharks to join him for the rest, but Grill declined. Robert offered $300,000 for 10% equity, and Grill countered with 7%. Mark offered $300,000 for 8% equity after some negotiation.
Mr. Wonderful wanted to participate, but Mark informed him that he was not needed. Eventually, Mark and Grill reached a deal and successfully closed the pitch.
The Miso Music pitch was so well-received that their website crashed shortly after airing, and Grill tweeted that Miso Music had surpassed Angry Birds in the iTunes top 10.
Since the pitch, MisoMedia has developed an instrument tuning app and a sheet music app. Along with the adapter connection, an iPic was added to facilitate “picking” on the iPad.
Entrepreneur Magazine named MisoMedia one of the “Top 100 Brilliant Companies,” and co-founder Joselle Ho was named one of Forbes Magazine’s top 10 female technology co-founders.
Unfortunately, the company collapsed after about a year due to poor customer acquisition. They never sold enough sheet music to make the app viable. Despite this setback, MisoMusic and MisoMedia were on the right track.
MisoMedia App Shark Tank Summary:
|App name||MisoMedia Music|
|Pitch||Shark Tank episode 309|
|Main competitors||Sheet Music HD, Perfect Piano, Sheet Music Plus|
|Net worth (2023)||Not available|
|Updates||The company went out of business and is no longer active.|
Competitors of MisoMedia App
The main competitors of the MisoMedia App were other sheet music apps, such as Sheet Music HD, Perfect Piano and Sheet Music Plus.
Net Worth of MisoMedia App
The company valuation was $6 million during the pitch. Since then the company went out of business and hence the company net worth is not available.
MisoMedia App Shark Tank updates
Miso Media is an educational software developer that created the Miso Music App, which teaches people how to play guitar or any other stringed instrument on their iPad.
The app was pitched on Shark Tank in episode 309, and the founder, Aviv Grill, asked for $300,000 in exchange for a 5% share of the Miso Media parent company. The company was valued at $6 million during the pitch.
The Sharks were impressed with the app, but Grill explained that the app was designed to teach people how to play real notes, real instruments, and real learning. The app was described as “Guitar Hero with real notes”.
After the Shark Tank pitch, Miso Media discontinued its guitar learning app to focus on other software. The company had already spent hundreds of thousands of dollars on the failed app, and Grill did not have enough money to further develop the sheet music app.
Despite the initial hype and interest generated by the Shark Tank appearance, Miso Media ultimately went out of business and is no longer operational.
The Miso Music App was heavily downloaded after the Shark Tank appearance, and the company completed several updates as the technology continued to develop. However, it is unclear whether the app is still available or if the company is still in business.
MisoMedia App FAQs
MisoMedia App Shark Tank
Miso Media is an educational software developer that created the Miso Music App, which teaches people how to play guitar or any other stringed instrument on their iPad. Aviv Grill, the entrepreneur behind Miso Media, appeared on Shark Tank seeking $300,000 for a 5% share of the company.
Prior to appearing on the show, Miso Media secured $3 million in funding, $600,000 of which came from Google Ventures. The Miso Music App was described as “Guitar Hero with real notes, real instruments, and real learning”. Ingrid Michaelson, a musician, demonstrated the app on an iPad during the show.
After appearing on Shark Tank, Miso Media received a lot of publicity, and the Miso Music App was downloaded hundreds of thousands of times. However, the company ran into financial trouble and closed down. Miso Media originally had two music apps: a guitar learning app and a sheet music app.
The guitar learning app was more popular and was pitched on Shark Tank in August 2011. Although investors were more interested in the guitar learning app, Grill and Miso Media wanted to focus more on the sheet music application.
In an interview with Inc., Grill talked about how the learning app was significantly underdeveloped when he pitched the company on Shark Tank.
what happened to Miso Media after appearing on Shark Tank?
Miso Media, the music education software company that appeared on Shark Tank with their Miso Music app, ultimately ran out of money and shut down. Despite being heavily downloaded after their appearance on the show, the app has completely disappeared from the market.
The company had raised $2.4 million and was even backed by Google at one point, but the team inside the company was split, and it made the whole company unsuccessful. Miso Media originally had two music apps: a guitar learning app and a sheet music app.
The guitar learning app was more popular and was pitched on Shark Tank in August 2011, and the episode aired in March 2012. Within seven months of the successful Shark Tank pitch, Miso Media discontinued its guitar app to focus on the sheet music technology.
However, the company ultimately ran out of its investment funds and shut down.
How does Miso Media after appearing on Shark Tank works?
Miso Media is an educational software developer that created the Miso Music App, which teaches people how to play guitar or any other stringed instrument on their iPad. The app was described as “Guitar Hero with real notes, real instruments, and real learning”.
Aviv Grill, the CEO of Miso Media, appeared on Shark Tank seeking $300,000 for a 5% share of the Miso Media parent company. Ingrid Michaelson demonstrated the app with an iPad during the pitch. Mark Cuban made a deal with Miso Media, offering $300,000 for 8% equity.
After the successful Shark Tank pitch, Miso Media discontinued its guitar app to focus on other software. The company ran out of investment funds and closed down in 2013. Miso Media had millions of dollars invested in the company, focusing on developing its music app.
The guitar learning app was more popular and was pitched on Shark Tank in August 2011. The company focused on improving the product rather than pivoting and putting their energy into a better product, which split the team inside the company and made the whole company unsuccessful.
what is the current status of Miso Media
The current status of Miso Media is somewhat unclear. While some sources suggest that the company closed down in 2013 after running out of money, others indicate that the company is still in operation and developing music education software.
Preqin, a financial data provider, lists Miso Media as a developer of music education software with current investors including Partech and GV. Kona Equity reports that Miso Media had an annual revenue of $3.7 million and is based in Venice Beach, California.
Miso Media’s Miso Music app teaches people how to play guitar and other stringed instruments on their iPad.
It is possible that Miso Media faced financial difficulties in the past but has since recovered and is now operating successfully. However, without more recent information, it is difficult to determine the current status of the company with certainty.
what is the current valuation of Miso Media?
Miso Media is a company that has been featured on Shark Tank and developed an app for sheet music. However, the company went out of business in 2013, and the current net worth of the company is unknown.
There is another company called MISO, which is a grid operator that ensures the right amount of high-voltage electricity is generated and transmitted safely and reliably to member utilities. Its value proposition surpassed $4 billion in 2022.
There is also a robotics company called Miso Robotics that is transforming the restaurant industry with intelligent automation.
Miso Robotics opened its Series E funding round in February 2022 after raising more than $50 million through equity crowdfunding in its Series C and D. The company’s current valuation is $500 million
What is MisoMedia App?
MisoMedia Music is an application and website bundled in one that allows the users to learn how to play string instruments in a new and exciting way.
What is the founder’s background?
The founder of MisoMedia App is Aviv Grill. He had previously worked for companies such as Google and Polygram among others. He has also done work for Michael Jackson!
How much did they ask for?
He was asking for $300,000 for 5% stake of his company.
Did he have the deal?
Yes, he got the deal with Mark Cuban for $300,000 for 8% stake of the company.
Is MisoMedia App still in business?
Unfortunately, after 1 year the company went out of business.
Where is MisoMedia?
Miso Media is a Venice Beach, CA firm who provides music teaching software. They employ polyphonic note identification and real-time feedback to reinvent sheet music and teach people how to play string instruments such as guitar, bass, ukulele, banjo, and mandolin.
What is the website for MisoMedia App?
The official website for the company is unavailable.
Was MisoMedia App a scam?
No, the company is not a scam.
How MisoMedia App did make money?
The company made money by selling sheet music to their customers.
How do I contact MisoMedia App?
There is no information regarding how to contact the business.
How was the business model of MisoMedia App?
The business model of MisoMedia App was similar to the likes of Spotify and Spotify Premium.
What is MisoMedia App’s annual revenue?
The annual revenue of MisoMedia App is not disclosed.
What did MisoMedia App work?
It worked as an application that allows users to learn the music.
Was MisoMedia App downloaded of Google Play Store?
No, the app was not available on Google Play Store.
How was MisoMedia App received?
The MisoMedia app was received well and the company had a good response.
Was MisoMedia App monetized?
Yes, they had plans to monetize by selling sheet music through their website.
Was MisoMedia App shared among the users?
The app was able to be shared with the users.
Was MisoMedia App safe?
Yes, it was safe and secure.
Was MisoMedia App expires?
No, the application did not expire.
What is MisoMedia App’s domain?
The domain of MisoMedia App is no longer available.
What did MisoMedia App sold?
There were plans to sell sheet music and instruments through the website.
Was MisoMedia App having a warrant?
There is no information regarding if the company have a warrant or not.
What were the assets of MisoMedia App?
There is no information regarding the assets of the company.
Where is the founder now?
The founder of MisoMedia App is Aviv Grill. He is in the Venice Beach, CA area.
Why does MisoMedia App fail?
The company failed due to lack of sales of sheet music and eventually went out of business.
How does Aviv Grill worth?
The net worth of Aviv Grill is estimated at $1.6 million.