Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

Toybox Labs Shark Tank Update

2m

Children

Pitch Overview
NameToybox Labs
Main PresentersJenn Chin, Ben Baltes
Order Shown in Episode2
Final DealOffer made from sharks

Toybox Labs Shark Tank Pitch

Jenn Chin and Ben Baltes appeared on Shark Tank Season 10, Episode 15, which aired on March 9, 2019, with 3D printer toy builder for kids.

Toybox Labs is listed in the Children category. In plain terms, the business is described as 3D printer toy builder for kids.

Toybox Labs asked the Sharks for $150,000 for 5%, implying a valuation of about $3 million.

On the show, Toybox Labs made a listed deal with Kevin O'Leary for $150,000 for 13% + 2% advisory shares.

If treated as straight equity, the listed deal works out to about $1.2 million implied valuation, down from the original $3 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Offers

Made ByLabelSharks Part of DealSummary
SharksDealKevin O'Leary$150,000 for 13% + 2% advisory shares
CompanyOffered$150,000 for 5%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Toybox Labs After Shark Tank

Toybox Labs accepted an on-air Shark Tank deal for $150,000 for 13% + 2% advisory shares, but later updates say the deal did not close. (ToyBox Shark Tank Update ).
In May, 2019, they raised $2 million in a venture round with six different venture capital firms. (ToyBox Shark Tank Update ).
In March, 2020 Toy Box entered a licensing agreement with Beano Studios, producers of Dennis & Gnasher: Unleashed, a cartoon series that streams on Netflix in the US. (ToyBox Shark Tank Update ).
March 2021 saw the biggest licensing deal yet: Warner Brothers, which includes the entire DC Comics universe. (ToyBox Shark Tank Update ).
In August, 2022, they introduced a sun activated printer food. (ToyBox Shark Tank Update ).
The current brand site points customers to shop.make.toys. (Toybox Labs website ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com , shop.make.toys .

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