Queepsake Shark Tank Net Worth 2023
It is unclear what Qeepsake’s net worth will be in 2023. In 2022, the company was estimated to have a net worth of $5 million, and had received over $900,000 from outside investors after its Shark Tank pitch.
Qeepsake has since increased its value based on outside investments and is now generating $2 million in annual revenue.
What is Queepsake? Who is the Founder of Queepsake?
Qeepsake is an online service designed to help parents capture and cherish special moments related to their children. The service provides a unique way of creating baby books through text messages.
As a Qeepsake member, you receive two daily text questions that serve as prompts for you to respond with related photos and text entries. These entries then get added to your child’s online diary, providing a personalized record of their life.
In addition to the online diary, Qeepsake offers the option to have physical books produced, ensuring that you have a tangible keepsake of your child’s memories.
Founded by Jeff McNeil of Auburndale, Massachusetts, Qeepsake appeared on Shark Tank in October 2017, seeking a $350,000 investment in exchange for 10% equity. While Kevin O’Leary and guest Shark Chris Sacca both made offers, Jeff declined them.
Overall, Qeepsake is a wonderful tool for creating a virtual scrapbook that enables parents to preserve and relive their children’s most cherished memories. This makes it an ideal way to create a personal heirloom to share with your child when they grow up.
Summary Table: Qeepsake Shark Tank
| INFORMATION | DETAILS |
| Company Name | Qeepsake |
| Founded by | Jeff McNeil |
| Founded in | Not specified |
| Industry | Online baby journal platform |
| Shark Tank Pitch | Sought $350,000 for 10% of the business |
| Shark Tank Offers | Kevin O’Leary offered $350,000 for 20% equity, which Jeff countered with 14% |
| Chris Sacca offered $350,000 for 20%, which Jeff declined | |
| Shark Tank Outcome | Did not secure an investment |
| Investment | Raised over $900,000 from outside investors after Shark Tank pitch |
| Annual Revenue | $2 million in 2023 |
| Net Worth 2022 | $5 million |
| Net Worth 2023 | Unclear |
| Partnership | Announced partnership with Enfamil in August 2021 through the Premium Family Beginnings program |
| Additional Funding | Raised $2 million in seed funding in 2022 |
| Company Valuation | Valued at $5 million in 2023 |
| App Development | Developed an app to make things easier for users |
| Board Appointment | Punchbowl CEO and Founder Matt Douglas appointed to the Qeepsake Board after Punchbowl invested in the company |
Note: Some information is not provided or is unclear, and therefore cannot be included in the table.
Queepsake Shark Tank Pitch
Jeff McNeil, who founded Qeepsake, pitched his company to the Sharks on the TV show Shark Tank, seeking $350,000 in exchange for a 10% ownership stake in the company.
During his pitch, McNeil highlighted that Qeepsake would allow parents to never forget a memory. He demonstrated a traditional baby book and explained that all parents have one.
Despite not securing a deal on Shark Tank, Qeepsake has continued to grow.
Since appearing on the show, the platform has gained over 100,000 new parents, with thousands more joining each week through the Qeepsake website. While they didn’t strike a deal on the program, interest in Qeepsake has increased significantly.
In August 2021, Qeepsake announced a partnership with Enfamil, an American infant formula brand. Through the Premium Family Beginnings program, Enfamil is providing parents with access to exclusive special offers at competitive prices.
As part of this program, Qeepsake is offering a unique deal on its Qeepsake Premium membership and custom-printed Qeepsake Books, adding to the range of offerings available through Enfamil Premium Family Beginnings.
Queepsake Shark Tank Updates
Qeepsake is a digital baby journal platform that allows parents to save memories of their children.
Jeff McNeil, the founder of Qeepsake, appeared on Shark Tank in season 8 and sought $350,000 for 10% of his business. During his pitch, Jeff explained how Qeepsake works and is valued in the market.
He also handed samples to the Sharks, which were printed versions of the online journal. The Sharks were not impressed with the sales of the printed books and the valuation of the company.
Mark Cuban felt it was a great product, but knew there would be competitors, making him get out of the tank.
Lori Greiner didn’t feel she could escalate this fast enough and dropped out. Kevin O’Leary offered $350,000 for 20% equity, but Jeff countered with 14%, which insulted Kevin, causing him to go out. Chris Sacca then offered $350,000 for 20%, which Jeff declined.
After the show, Qeepsake raised $900,000 and had over 100,000 users. In 2022, Qeepsake raised $2 million in seed funding. The company also developed an app to make things easier for users.
In June 2021, Punchbowl invested in the company, and Punchbowl CEO and Founder Matt Douglas was appointed to the Qeepsake Board. Qeepsake is currently valued at $5 million dollars, up from $3.5 million during the pitch on Shark Tank.
It is unclear if Qeepsake received an offer on Shark Tank, but it is possible that they received an offer outside of the show.
Queepsake FAQs
What Is Queepsake Shark Tank?
Qeepsake is an online baby journal platform that uses text messaging to save memories. It was founded by Jeff McNeil, a web designer, and developer, and his wife Stephanie, a nurse.
Qeepsake texts parents questions about their family’s journey and their responses are saved to their Qeepsake Journal for each child. The platform also produces printed versions of the online journal in the form of books, which cost between $29.99 to $44.99 depending on their length.
Qeepsake appeared on Shark Tank in season 8, where Jeff McNeil sought $350,000 for 10% of his business. Although he did not secure an investment, Qeepsake has grown significantly since its appearance on the show and is generating $2 million in annual revenue.
The company has expanded its services by developing an app and receiving investments from Punchbowl. Qeepsake is currently valued at $5 million.
How Does Queepsake Shark Tank Work?
Qeepsake is a digital baby journal platform that simplifies the journaling process by sending two or four daily questions via text message about the child’s growth, which parents can easily respond to. The AI of Qeepsake creates a digital journal for parents, which they can go in and edit.
The app offers two subscription plans, one costing $40 per year, which sends two questions daily, and the other costs $90 per year, sending four questions daily.
Jeff McNeil, the founder of Qeepsake, appeared on Shark Tank in season 8 and sought $350,000 for 10% of his business. During the pitch, Jeff explained how everything works and produced books to show to the Sharks.
The books are printed versions of the online journal, which cost $29.99 to $44.99, depending on how long they are. Although the Sharks appreciated his invention, most withdrew from the deal. Chris Sacca offered $350,000 for 20%, but Jeff declined the deal.
Just after airing, Qeepsake raised $900,000 and had over 100,000 users. Qeepsake is now making around $2 million annually and is valued at $5 million.
What Happened To Queepsake After Shark Tank?
Qeepsake is a digital baby journal platform that allows parents to save memories of their children. Jeff McNeil, the founder of Qeepsake, appeared on Shark Tank in season 8 and sought $350,000 for 10% of his business.
During the pitch, McNeil explained how the platform worked and produced books to show the Sharks. The books were printed versions of the online journal and cost $29.99 to $44.99, depending on their length. Although the Sharks appreciated his invention, most withdrew from negotiations.
Mark Cuban felt it was a great product, but knew there would be competitors, making him get out of the tank. Lori Greiner didn’t feel she could escalate this fast enough and dropped out.
Jeff then countered Kevin with $350,000 for 12% but when guest shark, Chris Sacca offered $350,000 for 20%, Jeff declined both.
After the show aired, Qeepsake raised $900,000 and had over 100,000 users. In 2022, the company raised $2 million in seed funding and appointed a new CEO.
In June 2021, Punchbowl invested in the company, and Punchbowl CEO and Founder Matt Douglas was appointed to the Qeepsake Board.
Qeepsake’s net worth was estimated to be $5 million in 2022. The Qeepsake app has a 4.9 rating on the app store and can be purchased as a gift for baby showers, Christmas, Mother’s Day, Father’s Day, and other occasions.
Is Wee Can Queepsake Shark Tank Still In Business?
Yes, Qeepsake, which was pitched on Shark Tank, is still in business and doing well in sales. The company has expanded its services by developing an app and receiving investments from Punchbowl. After appearing on Shark Tank, Qeepsake raised $900,000 and had over 100,000 users.
The company is generating $2 million in annual revenue and has an estimated net worth of $5 million.
During the Shark Tank pitch, Jeff McNeil, the founder of Qeepsake, sought $350,000 in exchange for a 10% ownership stake. Although he did not secure an investment in the show, Qeepsake has grown significantly since its appearance on the show.
The Sharks appreciated McNeil’s invention, but most withdrew from negotiations. Mark Cuban felt it was a great product, but knew there would be competitors, making him get out of the tank. Lori Greiner didn’t feel she could escalate this fast enough and dropped out.
Jeff then countered Kevin with $350,000 for 12% but when guest shark, Chris Sacca offered $350,000 for 20%, Jeff declined the deal.
In conclusion, Qeepsake is still in business and doing well in sales. The company has expanded its services by developing an app and receiving investments from Punchbowl.
Although Qeepsake did not secure an investment in Shark Tank, it has grown significantly since its appearance on the show and is generating $2 million in annual revenue.
What Is The Current Valuation Of Queepsake After Shark Tank?
Qeepsake is a memory journal company that appeared on Shark Tank seeking an investment of $350,000 for a 10% equity stake in the company. During the pitch, Qeepsake was valued at $3.5 million, but the sharks rejected this valuation.
Despite not securing an investment in the show, Qeepsake has been successful and is currently valued at $5 million. The company is generating $2 million in annual revenue and has expanded its services by developing an app and receiving investments from Punchbowl.
Qeepsake’s net worth was estimated to be $5 million in 2022, and the company’s current net worth is $6 million.
The founder of Qeepsake, Jeff McNeil, has a net worth of $6 million as of 2022. It is unclear whether Qeepsake received an offer outside of Shark Tank, but the company has grown significantly since its appearance on the show.
How can I put together a baby book?
The company’s scrapbook enables parents to create personalized baby books by texting a parent a question about their child.
They then add the response as an entry into their child’s private journal, allowing them to capture and archive unforgettable memories about their children’s childhood and create a private heirloom to pass on to them when they reach adulthood.
How can I make changes to my diary entries?
You may modify or expand on your journal entries, upload images, and more from your account on the Qeepsake website.
How does Qeepsake function?
Qeepsake sends you a text message with a question about your child.
How to contact Qeepsake support?
Emailing [email protected] is the easiest way to get in touch with Qeepsake. Because they are a tiny crew, they do not have a specific phone number. They will, however, usually react within 24-48 hours.
Is Qeepsake free?
Yes! Qeepsake is completely free to use!
You may subscribe to a premium membership at any time, which includes extra benefits such as receiving numerous questions per day, sending in photographs, responding missing questions, and more.
Once logged in, you can access details about Qeepsake’s premium memberships by visiting app.qeepsake.com/plans.
Was Qeepsake on Shark Tank?
Qeepsake made an appearance on an episode of ABC Network’s famous show Shark Tank in late October 2017.
Jeff McNeil, CEO of Qeepsake, competed against sharks Mark Cuban, Barbara Corcoran, Kevin O’Leary, Lori Greiner, and guest shark Chris Sacca.
How can I keep track of my children’s memories?
Text messaging with Qeepsake is a great way to save memories about your children.
How many pages do I need?
Your Qeepsake Book is custom-sized (up to 300 pages) based on the number of memories you want to include.
What are the best papers for baby photos?
Pages are printed on high, brilliant white, archival grade, matte-coated paper.
What are the quality standards?
Pages are printed on high matte coated paper that is dazzlingly white and archival quality.
Who is Jeff McNeil?
Jeff McNeil is the founder and CEO of Queepsake.
Qeepsake has made it simple for all types of families to record and share the memories they adore as they travel through life.
Jeff McNeil presented himself as being from Newton, Massachusetts in his audition tape.
What was Jeff’s reason for starting the company?
He stated that he want to return to his origins.
He intended to use his technological knowledge to attempt to address that problem for himself and other parents.
When did Qeepsake start?
According to their Facebook page, they published their first-ever mobile app as a complement to the text message-based service in April 2018.
Currently, they have thousands of parents join up for Qeepsake through the Qeepsake website every week.
It is the most adorable method to chart your baby’s milestones and monitor his or her progress.
What was Jeff’s sales pitch?
He began his presentation by explaining that his product, Qeepsake, will enable parents never to forget a memory.
What exactly was the procedure?
After the service had logged a significant amount of recollection, Jeff stated that the next step was to order a memento book.
How can I make changes to my diary entries?
You may modify or expand on your journal entries, upload images, and more from your account on the Qeepsake website.
What is the price of Qeepsake?
Prices and plans are current as of 12/2021. There are three Qeepsake Memberships available, ranging from free to $7.99 per month.
What are the most important anniversaries?
The top milestones in the other categories such as parenthood, childhood, school, and so on are only available to paying users.
What does Plus have to offer?
Per month, you can write up to 500 spontaneous diary entries and take up to 100 images.
What am I able to accomplish using Plus?
With Plus, you can receive up to two questions sent to your phone every day. You may order a physical book whenever you wish.
What is the finest app for families?
According to Qeepsake, they are the best in assisting families in capturing and celebrating valuable memories.
Qeepsake, as shown on ABC’s Shark Tank, assists busy parents in saving precious memories of their children.
