What Happened to Tanoshi after the Shark Tank Pitch? Tanoshi Shark Tank Update
What is Tanoshi?
The Tanoshi is a versatile device that serves as both a computer and tablet for children. It offers an engaging and educational experience at an affordable price.
Children can use it for entertainment, such as playing games, as well as for completing schoolwork and communicating with loved ones.
The device includes a removable keyboard and runs on Android, with pre-installed software such as Google’s Family Link and apps like Google Docs, Spreadsheets, and kid-friendly coding tools.
Additionally, it allows children access to the Google Apps store.
Who are the Founders of Tanoshi?
In 2016, Greg Smith, Lisa Love, and Brad Johnston founded Tanoshi, a small company based in Silicon Valley.
The company produces affordable, age-appropriate computers for children aged 6 to 12 that are designed to be educational and enjoyable.
The goal of the company is to bridge the educational gap by providing access to computers for children who may not have access to them outside of school.
It also comes with pre-installed gateways to avoid improper information. Priced at $189, it is one of the most inexpensive computers for children on the market.
Johnson and Love are the co-founders of the company, and the team has a wealth of experience in software, coding, and computer technology.
Since its establishment in 2015, they have raised around $300,000 in venture capital.
What Happened to Tanoshi Shark at the Tank Pitch?
On Shark Tank season 11 episode 21, Greg, Lisa, and Brad pitched their company, Tanoshi, which creates accessible computers for children and allows parents to monitor screen usage.
They sought $500,000 in exchange for a stake in the company, which they valued at $6.25 million.
The Sharks were concerned about the competitiveness and tight margins in the electronics industry, but Daymond John was impressed by their social mission and offered $500,000 for 20% equity, on the condition that they secure a licensing contract.
Tanoshi accepted the offer and partnered with Daymond John.
What Happened to Tanoshi after the Shark Tank Pitch?
In November 2020, Tanoshi introduced the Scholar computer, which is a more durable and feature-rich device that offers more instructional content and is compatible with Zoom and Google Meet.
The model is priced at $299 and will be available for investment on Start Engine in May 2021. As of July 20, 2021, Tanoshi has raised $71,539 in funding and has an annual revenue of $4 million.
What is Net Worth of Tanoshi?
On Shark Tank season 11 episode 21, Greg, Lisa, and Brad sought $500,000 for a stake in their company, valuing it at $6.25 million.
They ultimately accepted an offer from Daymond of $500,000 for 20% ownership, which lowered the valuation to $2.5 million.
However, the current valuation is now higher as the company has grown.
Who are the Competitors of Tanoshi?
Chromebooks is a major competitor for Tanoshi.
Tanoshi FAQS
What is Tanoshi?
Tanoshi is a 2-in-1 computer that can also be used as a tablet. It is an entertaining, educational, and reasonably priced computer for children.
Kids use it to play games, but they also acquire computer skills, research topics of interest, and communicate with family and friends.
Children have access to all of the tools they require to complete school tasks and create papers. They can even work on their spelling.
Each Tanoshi computer features a removable keyboard, allowing it to function as a tablet as well.
Who founded Tanoshi?
Tanoshi was founded by Greg Smith, Lisa Love, and Brad Johnston.
How much were they seeking in the Shark Tank?
They were seeking $500,000 for 20% of their firm.
Did they get the deal from the Sharks?
Daymond John Daymond offered $500,000 in return for 20% equity with a conditional on their landing a license contract.
How much does it costs to purchase?
It costs $189.
Where can you buy it from?
It can be purchased from their site website, amazon, Walmart and Adorama.
Where is Tanoshi located?
Tanoshi is located in Oakland, California.
Who is the current CEO of Tanoshi?
Brad Johnston is the current CEO of Tanoshi.
When was Tanoshi aired on Shark Tank?
It aired on season 11 episode 21.
When did they launch?
Tanoshi has been in business since May 6, 2020.
What is the revenue of Tanoshi?
The revenue of Tanoshi prior to the Shark Tank is $720,000.
What were their annual revenues after the Shark Tank?
Their annual revenue is $4 million as of July 2021.
Is this a toy?
Tanoshi computer is not a toy! Both the 2-in-1 and Scholar are fully functional Android tablets, but with parental controls and a smaller keyboard for little hands.
Is there a warranty?
Yes, all Tanoshi PCs with a one-year limited warranty. They may also get an Extended Warranty for an extra cost, which will cover accidental damage. Extended warranties must be activated within 30 days of purchase.
IS this device drop-proof? Splash-proof?
Tanoshi 2-in-1 is not splash-proof or drop-proof.
Is there a protective case available?
At the moment, no official protective case is available.
What apps does a Tanoshi computer come with?
Tanoshi PCs come pre-installed with a full suite of Google Android applications, including Google Docs, Google Sheets, Gmail, and Google Family Link.
Furthermore, they come pre-loaded with kid-friendly coding games like as ScratchJr and Nancy Drew Codes & Clues.
What is google family link?
Google Family Link is a web, Android, and iOS software that connects to their child’s device and allows them to monitor their activities, screen time, and applications from their phone.
Can they use a USB flash drive with it?
Yes, the Tanoshi 2-in-1 and Scholar laptops include a normal USB 2.0 connector.
Can they change the keyboard?
They may get a replacement 2-in-1 keyboard from their online store.
How do they contact Tanoshi support?
Please email them at support@tanoshiinc.com. They will respond as quickly as possible.