Turbobaster Net Worth [2024] & Shark Tank Update
Turbobaster made a successful deal with investor Kevin Harrington in Shark Tank.
Turbobaster is a tech company which manufactures kitchen tools. The kitchen equipment of this company is battery-powered and rechargeable too. This company manufactures battery-powered basting brushes, marinade injectors, and bulb basters which are automatic. The users have to follow the manual to operate the equipment properly.
Turbobaster Shark Tank Overview:
| Company Name | TurboBaster |
| Founder | Marian Cruz |
| Product | Turkey baster with a battery instead of a traditional bulb |
| Investment Seeking | $35,000 for 25% equity |
| Final Deal | $35,000 for 100% equity |
| Shark | Kevin Harrington |
| Episode | Season 1, Episode 3 (August 23, 2009) |
| Business Status | Out of Business |
Using Turbobaster’s cooking tools, you can cook many types of food very easily. Turbobaster makes kitchen products which help to marinate the food before cooking it. As a result, the food becomes more delicious and crispy.
Turbobaster Shark Tank Update:
Marian Cruz has represented her company to the Shark Tank after five years of founding the company. She explained the use of her company’s products and asked $35thousands in return for 25% share.
One of the investors of Shark Tank Dymond John approaches an offer of $40 thousand US dollars for the 51% share of the company. The deal was finalized for $35K and Kevin Harrington claimed the 100% share of the company.
- Entrepreneurs: Marian Cruz
- Business: Cooking Utility
- Ask: $35,000 for 30% equity
- Result: $35,000 for 100% equity + 2% royalty to Marian
- Sharks: Kevin Harrington
Turbobaster Net Worth 2024:
The products of Turbobaster is out of the market and they aren’t running the business anymore. According to the company’s last update, Turbobaster’s total net worth was around $35 thousand US dollars.
What happened to Turbobaster after Shark Tank?
Turbobaster got the required valuation so the founder transferred rights of the company to Kevin Harrington who is one of the investors in the Shark Tank reality show. After Shark Tank Turbobaster lost its market cap and the annual revenue of the company went down. Presently the Turbobaster company is no more in business.
Turbobaster Founder:
Marian Cruz is one of the female entrepreneurs from America and she had founded Turbobaster. She started to manufacture some useful tools for kitchen. Marian Cruz became an entrepreneur after completing her graduation.
