What happened to Scan on Shark Tank?
What happened to Scan on Shark Tank?
In 2013 Garrett appeared on the show Shark Tank to pitch the app as a possible investment. The sharks of the show decided not to invest in his app.
How much is the Scan company worth?
The net worth of Scan App was $54 million when it was acquired by Snapchat in 2014.
How much did Garrett Gee sell his app for?
They made the decision to pack up and leave their home in Utah in 2015, a year after Gee sold the mobile-scanning app he co-founded to Snapchat. The deal, valued at $54 million at the time, gave Gee and his family a hefty financial cushion.
What did Garrett Gee sell on Shark Tank?
Scan is the next App in the Shark Tank in season 5 and appears in episode 507. The QR Scan Code Generator has over 40 million users world-wide to date! Entrepreneur Garrett Gee started the business while a freshman at BYU along with classmates, Kirk Ouimet and Ben Turley.
How much did Scan sell?
In 2014, Snapchat acquired Scan, a company cofounded by Utah native Garrett Gee and two friends, for $54 million.
Has any Shark Tank products failed?
What Shark Tank deals have failed? ToyGaroo, ShowNo Towels, Sweet Ballz, Body Jac, CATEapp, Breathometer and You Smell Soap are some of the companies that went through Shark Tank and later on shut down.