How STEM Toys for Girls Achieved $20M Success After Appearing on Shark Tank
SmartGurlz, Coding software for girl’s toys, was started by Sharmi Albrechtsen in 2016. As of November 2023, SmartGurlz net worth is $25 million. And they’re pulling in a whopping $1.2 million in annual revenue. In November 2017, they appeared on season 9 of Shark Tank USA and made a deal wit
SmartGurlz, Coding software for girl’s toys, was started by Sharmi Albrechtsen in 2016. As of November 2023, SmartGurlz net worth is $25 million. And they’re pulling in a whopping $1.2 million in annual revenue.
In November 2017, they appeared on season 9 of Shark Tank USA and made a deal with Daymond John, for $200,000 for 25% of equity. The final valuation was $800,000, down from the founder’s initial estimate of $4 million.
SmartGurlz is still in business. The company’s flagship product was a robotic doll named Siggy, which could be programmed to perform a variety of tasks. To know more about their business in detail, visit their official website.
SmartGurlz Net Worth
| Net worth | $25 million (2023) |
| Annual Sales Revenue | $1.2 million (2023) |
| Profits | Not Publicly Available |
| Lifetime sales | Not Publicly Available |
| Investor | Daymond John |
| Founder | Sharmi Albrechtsen |
| Employees | Not Publicly Available |
SmartGurlz Net Worth Timeline
| Net Worth 2023 | $25 million |
| Net Worth 2022 | $25 million |
| Net worth valuation 2017 after appearing on Shark Tank | $800,000 |
| Net worth valuation 2017 before appearing on Shark Tank | $4 million |
SmartGurlz Pitch on Shark Tank
| Company name | SmartGurlz |
| Product | Coding software for girl’s toys |
| Episode | Season 09 Episode 10 |
| Founder | Sharmi Albrechtsen |
| Asked for | $200,000 for 5% equity |
| Final deal | $200,000 for 25% equity |
| Shark | Daymond John |
| Location | San Jose, California |
Don’t miss these product from Season 09
SmartGurlz Founder
SmartGurlz was founded by Sharmi Albrechtsen in 2016. A passionate robotics aficionado, educator, author, and mom. She was inspired to create SmartGurlz after struggling to find educational yet fun toys for her daughter, Nina. SmartGurlz’s founder, Sharmi Albrechtsen, has a net worth of 20 million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2017 | Appeared on Shark Tank season 09 and Daymond John invested $200,000 for 25% equity |
| 2019 | Hosted STEM workshops and coding camps for girls |
| 2020 | Partnered with schools and organizations to promote STEM education for girls |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for SmartGurlz and its continued success.
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