Roominate Shark Tank Update
Toys and Games
What Happened to Roominate After Shark Tank
Is Roominate still in business? It was acquired.
Acquired by PlayMonster (formerly Patch Products)
$4.5M
estimated annual revenue
- Appeared on Season 6, made deal with Mark Cuban and Lori Greiner for $500K for 5% plus royalty
- STEM construction toys for girls to build and wire dollhouses
- Won numerous toy awards and recognition
- Acquired by PlayMonster, which continued the product line
- Founded by two Stanford engineering graduates promoting STEM education
Last verified Apr 1, 2026.
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The Roominate Shark Tank Pitch
Roominate, from Palo Alto, CA, pitched on Shark Tank Season 6, Episode 2, which aired Friday, September 26, 2014, asking for $500,000 for 5% of the company — a $10M valuation.
Mark Cuban and Lori Greiner teamed up and agreed to invest $500,000 for 5% equity, valuing the company at $10M. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S6E2Sep 26, 2014
- Ask
- $500,000for 5%
- Ask Valuation
- $10M
Deal Terms
- Amount
- $500,000
- Equity
- 5%
- Valuation
- $10M
Mark Cuban
Lori Greiner