Qeepsake Shark Tank Net Worth (Before and After Shark Tank)

In Season 9 of Shark Tank, Qeepsake, a digital baby journal platform, sought a $350,000 investment for a 10% equity stake in the company, valuing it at $3.5 million. Although they did not secure a deal with any of the Sharks, Qeepsake has seen remarkable growth and success. As of 2022, their net worth is estimated to be $5 million, with over $900,000 raised from outside investors and $2 million in annual revenue. With a user base of over 100,000 active users, Qeepsake offers a range of subscription options to its customers.

Key Takeaways:

• Qeepsake appeared on Season 9 of Shark Tank, seeking a $350,000 investment at a $3.5 million valuation.
• No deal was made with the Sharks, but Qeepsake’s net worth now stands at $5 million.
• The company has raised over $900,000 in funding and generates $2 million in annual revenue.
• Qeepsake has over 100,000 active users and offers various subscription options.

Qeepsake Business Model and Features

Qeepsake has revolutionized the way parents document their child’s journey by introducing a unique business model and a range of impressive features. The platform replaces traditional baby books with a digital baby notebook that utilizes text messaging to gather memories and milestones. Through daily text message prompts, parents can easily respond and upload photos, allowing Qeepsake’s AI to build a digital notebook that can later be printed as a physical book.

One of the key features of Qeepsake is its subscription options. Users can choose between two plans: the Basic plan, priced at $40 per year, offers unlimited memories and text message prompts, while the Premium plan, priced at $90 per year, includes additional features such as unlimited photo storage and the ability to import existing memories. These subscription options provide flexibility for users to choose the plan that best suits their needs and budget.

In addition to the core functionality, Qeepsake has developed a user-friendly mobile app, making it even more convenient for parents to capture and access their child’s memories on the go. The app allows users to easily respond to text message prompts, upload photos, and browse through their digital notebook. Furthermore, Qeepsake offers the option to turn digital entries into personalized photo books, offering a tangible keepsake for parents to cherish.

Table: Qeepsake Subscription Options

Plan	Price per Year	Features
Basic	$40	Unlimited memories and text message prompts
Premium	$90	Unlimited memories, text message prompts, unlimited photo storage, and ability to import existing memories

Qeepsake’s business model and features have resonated with parents worldwide, earning the platform a dedicated user base of over 100,000 active users. By providing a seamless and convenient way to capture and preserve precious memories, Qeepsake has solidified its position as a leader in the digital baby journal industry.

Qeepsake Shark Tank Pitch and Investment Offers

During their appearance on Shark Tank in Season 9, Qeepsake, the digital baby journal platform, presented their innovative business model and sought a $350,000 investment for a 10% equity stake in the company. This valuation valued Qeepsake at $3.5 million. Although the Sharks expressed interest in the product, no deal was made. However, the investment offers and discussions shed light on the potential value of Qeepsake.

Investment Offers

During the pitch, Barbara Corcoran and Lori Greiner decided not to invest in Qeepsake, citing reasons such as not being the right partner or not having the ability to scale the business. Mark Cuban, on the other hand, saw potential competition and also opted not to invest. However, Kevin O’Leary and guest Shark Chris Sacca saw promise in Qeepsake and made an initial offer of $350,000 for a 20% equity stake in the company. Jeff, the founder of Qeepsake, counteroffered with lower equity offers, but both Sharks held firm on their initial offer.

Qeepsake Valuation and Funding

Although Qeepsake did not secure a deal on Shark Tank, they were able to secure $900,000 in funding from outside investors shortly after the show aired. This funding helped Qeepsake continue to grow and expand their platform, attracting over 100,000 new users and generating $2 million in annual revenue. Today, Qeepsake is valued at $5 million, showcasing the strong growth and success they have achieved since their appearance on Shark Tank.

Qeepsake’s journey on Shark Tank highlights the challenges and opportunities that entrepreneurs face when seeking investment. While they did not secure a deal with the Sharks, Qeepsake’s ability to secure funding and experience significant growth post-Shark Tank demonstrates the resilience and potential of their business model.

Investor	Offer	Equity Stake
Kevin O’Leary	$350,000	20%
Chris Sacca (Guest Shark)	$350,000	20%
Jeff (Qeepsake Founder)	Counteroffer	Lower equity

Qeepsake Post-Shark Tank Success and Growth

After appearing on Shark Tank and failing to secure a deal with the Sharks, Qeepsake experienced remarkable success and growth. The company quickly raised $900,000 from outside investors, fueling their expansion and development. As a result, Qeepsake welcomed over 100,000 new users to their platform, a clear sign of the demand for their product.

Qeepsake did not rest on their laurels, but rather continued to innovate and enhance their services. They launched a mobile app, making it even more convenient for users to save and access their memories. Additionally, Qeepsake introduced new features such as pregnancy journals and personalized books for each child, further solidifying their position as a comprehensive digital baby journaling platform.

Thanks to these strategic moves, Qeepsake’s annual revenue soared to $2 million. The company’s valuation also increased significantly, reaching an impressive $5 million. This post-Shark Tank success exemplifies Qeepsake’s ability to adapt and thrive in a competitive market, while staying true to their mission of helping parents cherish and preserve precious memories.