Groove Book Shark Tank Update
GrooveBook - Consumer Services
DealNow:AcquiredTechnologySeason 5, Episode 13Los Angeles, CAby Julie Whiteman and Brian WhitemanWebsite
What Happened to Groove Book After Shark Tank
Is Groove Book still in business? It was acquired.
Acquired by Shutterfly in November 2014 for $14.5 million
$5M
estimated annual revenue
- Appeared on Season 5, made deal with Mark Cuban and Kevin O'Leary for $150K for 80%
- Grew from 1,800 to over 500,000 subscribers after airing
- Acquired by Shutterfly for $14.5 million in November 2014
- One of the biggest Shark Tank success stories in terms of ROI for the sharks
- Service was eventually folded into Shutterfly's platform
Last verified Apr 1, 2026.
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The Groove Book Shark Tank Pitch
Julie Whiteman and Brian Whiteman of Los Angeles, CA pitched Groove Book on Shark Tank Season 5, Episode 13, which aired Friday, January 10, 2014, asking for $150,000 for 20% of the company — a $750,000 valuation.
Mark Cuban and Kevin O'Leary teamed up and agreed to invest $150,000 for 80% equity, valuing the company at $187,500. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S5E13Jan 10, 2014
- Ask
- $150,000for 20%
- Ask Valuation
- $750,000
Deal Terms
- Amount
- $150,000
- Equity
- 80%
- Valuation
- $187,500
