Roominate

Roominate - Toys and Games

RoominateDealChildren & EducationWebsitePalo Alto, CAS6E2

Pitch Details

Season / Episode

S6E2

Sep 26, 2014

Ask

$500,000

for 5%

Ask Valuation

$10M

Deal

$500,000

for 5%

Watch the Pitch

Deal Terms

Amount$500,000
Equity5%
Valuation$10M

What Happened Next

Acquired

Acquired by PlayMonster (formerly Patch Products)

$4.5M

estimated

  • 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

Get updates on Roominate