What Happened to LoveSync App after Shark Tank? LoveSync App Shark Tank Update
What is LoveSync App?
LoveSync is a free app that helps couples optimize their relationship by communicating their desire for intimacy.
Users can express their interest verbally or non-verbally by tapping a button, and if both partners press the button within a specific time frame, the LoveSync will illuminate.
The app serves as both a tool for communication and an initiator for intimate moments. It was created by high school sweethearts Ryan and Jenn Cmich and was their first crowdfunded project.
Who is the founder of LoveSync App?
Ryan and Jenn Cmich founded LoveSync App, which is a button that each member of a couple attaches to their nightstand.
If one partner is feeling romantic, they push the button, and if the other partner also presses their button within a certain time frame, both buttons light up, signaling that it’s time for some intimacy.
The company was founded in 2019 through a successful Kickstarter campaign, but it received a lot of criticism and mocking online.
Despite this, the Cmiches created the product to reduce the risk of rejection in initiating sex and to add some fun to their relationship.
What Happened to LoveSync App at Shark Tank pitch?
On Shark Tank episode 11 of season 11, Ryan and Jennifer Cmich pitched their product, LoveSync, a technology that aims to improve couples’ love life, to the Sharks.
They were seeking a $100,000 investment for a 10% stake in their company, which they valued at $1 million.
They demonstrated the product through a couple’s interaction, but the Sharks were skeptical of the product’s utility and sales potential.
Kevin was the only Shark to express interest, but ultimately backed out as he felt the product was too niche. The Cmichs left the pitch without a deal as all the Sharks had dropped out.
What Happened to LoveSync App after Shark Tank?
Following their appearance on Shark Tank, The Love Sync App has heavily advertised their episode on their website and social media.
The company is still in business and has pleased clients, generating an annual revenue of $922,000 as of February 2022.
Competitors of LoveSync App
The LoveSync App faces competition in the love technology and sex app markets, with one notable competitor being the app “Dating by Hearts.
Net Worth of LoveSync App
The company was valued at $1 million during and after the pitch, and since then it has remained in operation, potentially increasing its net worth beyond that amount.
LoveSync App FAQs
What is LoveSync App?
LoveSync is a ground-breaking new couples’ software that will help you optimize your relationship’s amorous potential. LoveSync is a completely free application to download and use.
Who founded LoveSync App?
Ryan and Jenna Cmich founded LoveSync App as their first crowd funded endeavor.
How much were they seeking on Shark Tank?
They were seeking for $100,000 for a 10% stake in their firm, which worth $1 million.
Did they have the deal?
No, they did not have the deal.
Is LoveSync App still in business?
Yes, the firm is still operational and has satisfied customers.
How much LoveSync App revenue?
The revenue is annual revenue of $922,000 as of February 2022.
How does the LoveSync application work?
Stutsman is one of 442 Kickstarter supporters who backed LoveSync, a project that claims to assist couples experiencing difficulties in the bedroom.
Users can show their desire in sex verbally or non-verbally by tapping it. If both individuals press their buttons within the allotted time period, the LoveSync illuminates.
How much does the LoveSync button cost?
The price of a pair of LoveSync buttons is $57. According to the Cmiches, LoveSync helps couples overcome the barrier between wanting to have sex and actually having it, and is designed as a “tool” to improve communication.
Can I download LoveSync App?
If users have an iPhone, iPads or iPod Touch, they can download LoveSync App. Links to all the mobile apps are now available on their website.
Does LoveSync App works on Android?
LoveSync is compatible with Android devices running version 4.1 and higher with at least 256 MB RAM and 1 GB of internal storage space.
How to find a match?
LoveSync App allows users to search through the likes of photos and profiles of other users by location, age, interest and hobbies.
How LoveSync App does make money?
The Cmiches use LoveSync App’s advertising and affiliate programs to make money. The app is free to download, but users are encouraged to upgrade to premium versions through purchase within the app.
How long does it take for LoveSync App to find a match?
The Cmiches claim that the app literally takes eight seconds to find a match after both users have activated the device.
Does LoveSync App have an alarm?
Yes. If a user or the couple doesn’t reach their matched time, the app will sound off with a loud notification before giving them the option to extend their match, restart it or end it for good.
What is LoveSync App target market?
The firm’s target market is people who want to improve their relationships.
Are LoveSync Apps available in iTunes?
Yes, links to all mobile apps are now available on their website.
Can LoveSync App downloaded by kids?
The app has age restrictions. The Cmiches claim that the app has “No explicit adult content,” but users must be at least 18 years of age.
Does LoveSync App expiring?
Yes. The app will automatically time out if users don’t hit the button within the allotted time period. When that happens, users can change their settings so that LoveSync will automatically restart the match.
Is LoveSync App available to download on Google Play Store?
LoveSync App is available for download on Google Play Store but only for Android devices running version 4.1 and higher with at least 256 MB RAM and 1 GB of internal storage space.
What are LoveSync having affiliate programs?
Affiliate programs are paid promotions in which third-party companies pay the Cmich, who run Love Life, a percentage of the sale amount of qualifying purchases, typically following an endorsement by them or through their recommendation.
What is the net worth of Ryan Cmich?
The net worth of Ryan Cmich is not listed.