What Happened to Tanoshi after the Shark Tank Pitch?
Who or what is Tanoshi?
Tanoshi is a 2- in-1 computer that doubles as a tablet. It is a fun, educational, and affordable computer for youngsters.
Children use it to play games, but they also learn how to operate a computer, conduct research, and interact with family and friends.
Children have access to all of the resources necessary for completing school assignments and writing papers. They can also practice their spelling.
Each Tanoshi computer comes with a detachable keyboard, allowing it to double as a tablet.
It is powered by the Android operating system and comes pre-installed with Google’s parental control program Family Link.
Google Docs and Spreadsheets, as well as kid-friendly coding tools, are preloaded, and children have access to the Google Apps store.
Who are Tanoshi’s Founders?
Tanoshi, a small Silicon Valley start-up, was founded by Greg Smith, Lisa Love, and Brad Johnston.
Tanoshi, created in 2016, creates instructive, age-appropriate, entertaining, and affordable computers for children of all ages.
Users have a blast learning to type, spell, create, code, and accomplish great things with this ground-breaking new technology, which is geared for children ages 6 to 12.
The firm’s mission is to close the educational divide. Because computers are so expensive, many youngsters lack access to them outside of school.
It is also aimed against youngsters, as it comes pre-installed with gateways to inappropriate content.
Towards $189, it is the most affordable computer aimed at children on the market.
Johnson and Love co-founded the firm, and the company’s workforce together has hundreds of years of experience in software, coding, and computer technology.
They have raised around $300,000 in venture funding since its beginning in 2015.
How did Tanoshi do at the Tank Pitch?
Greg, Lisa, and Brad went on Shark Tank season 11 episode 21 in an attempt to raise $500,000 for 8% share in their business. This translates to a valuation of $6.25 million.
They discuss how they developed an accessible computer for the majority of youngsters.
Parents also have some control, since they can monitor screen time remotely via an app.
They had grossed $720,000 in sales in the year and a half since they began selling a year and a half prior to recording.
They claim they are seeking funding to assist expand their business and develop new software.
The Sharks are concerned about the tight margins and competition of the electronics industry.
Despite the other Sharks’ refusal to invest in Tanoshi, Daymond John felt a strong connection to their social mission of providing affordable technology to underprivileged households.
He feels that securing a licensing agreement is vital to the company’s existence and has opted to make them an offer contingent upon securing a license contract.
With that in mind, Daymond offered to donate $500,000 in exchange for 20% stock.
Tanoshi accepts Daymond John’s offer and joins forces with him.
What became of Tanoshi following the Shark Tank Pitch?
While Daymond’s website makes no mention of the agreement, Tanoshi announced it in a press statement immediately following the show’s airing.
“Their focus on increasing access to education through the availability of affordable electronics for children is exciting, especially given recent developments with so many parents juggling home-schooling and countless children who are at home without access to computers,” Daymond writes in the announcement.
Sales soared during the Covid-19 epidemic, as more parents sought affordable computers for their home-schooled children.
The Tanoshi Scholar program will begin in November 2020.
This computer is more robust, includes a larger selection of teaching materials, and is compatible with Zoom and Google Meet.
The new model is $299. They will begin accepting investment proposals on Start Engine in May 2021.
As of July 20, 2021, they have raised $71,539 in donations. Annual revenue totals $4 million.
What is Tanoshi’s Net Worth?
Greg, Lisa, and Brad went on Shark Tank season 11 episode 21 in an attempt to raise $500,000 for 8% share in their business. This translates to a valuation of $6.25 million.
They accepted Daymond’s offer of $500,000 for 20%, bringing the worth to $2.5 million.
The Company’s current valuation is clearly greater as a result of its growth.
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Who are Tanoshi’s Rivals?
Chromebooks are a significant rival to Tanoshi.
Tanoshi FAQS
1. How is Tanoshi different than a Chromebook?
Chromebooks are cheaper, but they aren’t as powerful as Tanoshi.
2. What is the price of a Tanoshi?
The price of a Tanoshi is $189 only.
3. What is the warranty on a Tanoshi?
All Tanoshi PCs has a one-year limited warranty. They may also get an Extended Warranty for an extra cost, which will cover accidental damage. Extended warranties must be activated within 30 days of purchase.
4. Who founded Tanoshi?
Tanoshi, a small Silicon Valley startup, was founded by Greg Smith, Lisa Love, and Brad Johnston.
5. Did the owners of Tanoshi ever appear on Shark Tank again?
Yes, they did were on Shark Tank season 11 episode 21 seeking a deal of $500,000 for 8% of the company.
6. Did they get the deal?
Yes, they did.
7. What did they get?
Daymond offered to donate $500,000 in exchange for 20% stock in Tanoshi.
8. What is the contact information of Tanoshi?
Please email them at s[email protected]. They will respond as quickly as possible.
9. What is the annual revenue for Tanoshi?
Their annual revenue is $4 million as of July 2021
10. Is Tanoshi still in business?
Yes, Tanoshi is still in business.
11. Is Tanoshi listed on the stock exchange?
Not yet, but they are seeking funding through Start Engine in 2021.
12. Where can you buy it from?
It can be purchased from their site website, amazon, Walmart and Adorama.
13. Where is Tanoshi located?
Tanoshi is located in Oakland, California.
14. Who is the current CEO of Tanoshi?
Brad Johnston is the current CEO of Tanoshi.
15. When was Tanoshi aired on Shark Tank?
It aired on season 11 episode 21.
16. When was Tanoshi launch?
Tanoshi has been in business since May 6, 2020.
17. What exactly is Tanoshi?
Tanoshi is a 2- in-1 computer that doubles as a tablet. It is a fun, educational, and affordable computer for youngsters.
