GrooveBook EXPLODED after appearing on Shark Tank. Their sales tripled in just 5 days following the show. They had so much success, they are scheduled to appear in an update segment in episode 526. In November, 2014, Shutterfly acquired Groovebook for $14.5 million, making this a very big Shark Tank Success Story!
What happened to Groovebook?
Shark Tank-Backed GrooveBook Acquired By Shutterfly For $14.5 Million. GrooveBook, a photo-printing app and subscription service that creates personalized photo books featuring up to 100 of your photos, shipped monthly, has been acquired by photo printing giant Shutterfly for $14.5 million.Nov 17, 2014
Was Groovebook successful?
Shutterfly acquired Groovebook for $14.5 million making it one of the most successful businesses to ever appear on Shark Tank. Quickly following the Shark Tankthe Shark TankIt shows entrepreneurs making business presentations to a panel of five investors or "sharks," who decide whether to invest in their company.https://en.wikipedia.org › wiki › Shark_TankShark Tank - Wikipedia appearance, Groovebook skyrocketed to over a million monthly subscribers. ... On November 17, 2014, Shutterfly, Inc.
Where is Groovebook?
Which devices can run Groovebook? The app is available in the Apple App Store for the iPhone and iPad and available for Android devices in the Google Play Store.
How is GrooveBook doing after Shark Tank?
GrooveBook EXPLODED after appearing on Shark Tank. Their sales tripled in just 5 days following the show. They had so much success, they are scheduled to appear in an update segment in episode 526.
Did Shark Tank get Shutterfly?
The company was created by Brian and Julie Whiteman and is a photo-printing app subscription service. The company sold to Shutterfly for $14.5 million in November 2014. In the Tank, O'Leary and Cuban invested $150,000 total for 80 percent of licensing rights. ... “Shark Tank” has become “iconic,” O'Leary says.Dec 5, 2018
Who invested in Groovebook?
The details of the deal was not disclosed other than the final $14.5 million price tag. During the Shark Tankthe Shark TankIt shows entrepreneurs making business presentations to a panel of five investors or "sharks," who decide whether to invest in their company.https://en.wikipedia.org › wiki › Shark_TankShark Tank - Wikipedia episode Mark Cuban and Kevin O'Leary invested $150,000.00 for 80% of the licensing rights to GroveBook's patented technology, while the Whiteman's retained control building their subscription service.Sep 24, 2021
How is GrooveBook doing?
Shutterfly tells us today that GrooveBook has more than 1 million downloads, 200 million photo uploads and GrooveBook subscribers have grown 15 times since appearing on Shark Tank. Today, GrooveBook offers an iPhone and Android app that lets customers print photos from their mobile phone.Nov 17, 2014
How much is GrooveBook worth?
A Groovebook subscription is $3.99/month plus tax. This includes a Groovebook (with 100 photos) every month. If you order multiple books in one month or send duplicate books to friends + family, you will just pay $3.99 + tax per additional book.