What Happened to Brand Yourself After the Shark Tank?
What is Brand Yourself?
Brand Yourself is an online reputation management platform that assists corporations and people in getting out of bad search results by producing new content and websites.
It is based on a freemium model, which means that certain tools and services are provided for free, but premium memberships and professional services are also accessible.
The business was founded in 2010 by Syracuse University students Pete Kistler, Patrick Ambron, and Evan McGowan Watson.
Brand Yourself can assist anyone who wishes to improve themselves via entrepreneurship.
With the ability for anybody to be an entrepreneur, the Brand Yourself app assists you in demonstrating your finest skills, developing numerous variants of your profile, and receiving tailored feedback on what you will need to work on in order to be successful.
Who are the Brand Yourself founders?
Brand Yourself was founded by Pete Kistler, Patrick Ambron, and Evan McGowan Watsonis. An initial $300,000 investment round was received immediately after the company’s start.
In 2012, Brand Yourself closed another round of venture capital funding, this time for $1.2 million.
The financing was led by Zelkova Ventures and two angel investors, Barney Pell and Carl Schramm. Pell is a former Microsoft executive in charge of search strategy, and Carl Schramm is a former CEO of the Kauffman Foundation.
In 2014, Brand Yourself announced the completion of a $3.3 million Series A fundraising round.
What Happened to Brand Yourself during the Shark Tank Pitch?
Brand Yourself co-founder Ambron went on Shark Tank in an attempt to raise funds for the company. He was looking for $2 million in exchange for a 13.5% stake in the company, worth $7.4 million.
Mark Cuban, Lori Greiner, Kevin O’Leary, and Daymond John all backed out of the Brand Yourself deal.
Robert Herjavec offered investing in the reputation management organization, proposing to donate $2 million in exchange for a 25% stake in the company.
Herjavec’s offer was one of the most significant, but Ambron eventually rejected it, and no deal was reached.
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What Happened to Brand Yourself After the Shark Tank?
They achieved $1 million in sales after appearing on Shark Tank after Ambron quit the pitch with no business closed.
The firm has announced the extension of its Series A round, which will raise an additional $2 million. The funding was provided by New Atlantic Ventures, FF Angels, and Barney Pell.
The company was profitable at the time of the extended Series A and planned to use the funds to expand the Brand Yourself product line.
By 2021, the companies will have over 70 workers and $7 million in yearly sales.
Brand Yourself’s Competitors
Reputation, Birdeye, Podium, G2Marketing Solutions, Swell, Bazaarvoice, Chatmeter, and Yext are among the rivals of Brand Yourself.
Brand Yourself’s net worth
In 2021, the worth of Brand Yourself is estimated to be $21.8 million.
Brand Yourself FAQs
What Are the Advantages of Branding Yourself?
Brand Yourself may assist you in attracting new consumers by incorporating personal branding into your business. It enables companies to sell their products or services, manage their social networks, and do just much everything else that utilizes the internet, all from a single straightforward dashboard.
What do they have to offer on Shark Tank?
Patrick Ambron is looking for $2 million in return for a 13.5 percent stake in the company.
How many Brand Yourself employees are there?
By 2021, the companies will have over 70 workers and $7 million in yearly sales.
Is Brand Yourself a rip-off?
Brand Yourself is not a rip-off.
Where can you find Brand Yourself?
The company Brand Yourself is based in the United States.
Who are the Brand Yourself investors?
Zelkova Ventures, Atlantic Venture Partners, FF Angels, Barney Pell, Fidelity Investments, and NYSE Group invested in Brand Yourself.
Is Brand Yourself a real company?
Yes, Brand Yourself is a real company.
Which users can use Brand Yourself?
Anyone who wishes to improve themselves using entrepreneurship can use this application.
How is the business concept performing?
Brand Yourself makes the majority of their money via their Brand Yourself app. They may establish a unique profile link in this program, similar to a Facebook Fan Page, and then put that link on their website, blogs, social networks, and anyplace else online.
What is the most significant component in the Brand Yourself business?
The reputation of a firm is the most significant component in the business of Brand Yourself.
How can you get in touch with them?
Users may reach them at support@brandyourself.com.
How does Brand Yourself work?
The Brand Yourself program enables anyone who wishes to improve themselves using entrepreneurship to use this application.
What is the Brand Yourself product?
The Brand Yourself product contains an app that may assist user in attracting new consumers by incorporating personal branding into their business.
How is the business model?
Brand Yourself is a freemium model business.
How are wages paid?
Wages are paid via the company’s reputation management service.
How does it make money?
The business makes money by offering its users the ability to link a personal profile or “brand” to their company’s website, blogs, business cards, and anyplace else online.
What problems does it solve?
Brand Yourself may assist you in attracting new consumers by incorporating personal branding into your business.
Is it free?
Brand Yourself is free for individual and enterprise plans.
Who is Brand Yourself made for?
Individuals and enterprises may benefit from Brand Yourself.
What is the legal structure of Brand Yourself?
The company is a limited liability corporation.
Is there a demo available?
Yes, Brand Yourself has its own demo that enables users to understand how the application works.
Do I need to install?
Brand Yourself does not have to be installed.
How much does it cost?
The price of the product depends on whether they wish to have it on their personal profile or on their organizations.
What are the benefits of using Brand Yourself?
One may find that using Brand Yourself will benefit them in a manner whereby they may locate new customers and improve their company’s reputation in a single simple dashboard.
Does it for businesses?
Brand Yourself may help businesses to improve their reputations by linking their brand name to the company’s website, blogs, social networks, and anyplace else online.
What are the top features?
Brand Yourself enables users to share their personal branding with others via the internet.
Does it need a WI-FI?
Yes, Brand Yourself requires a Wi-Fi connection.
How long does it take to create a profile?
The procedure begins with the process where users describe their pictures and choose the type of brand they wish to have. Users may also decide whether they wish to have a personal profile which may link into their company’s social media profiles, websites, sales reports, or anyplace else online.
