Beulr App On Shark Tank Update – Shark Tank Season 13
Featured on Shark Tank
Beulr App On Shark Tank Season 13
Beulr is an online software that allows users to simulate their presence in virtual meetings. By looping footage of the user and automatically logging them into meetings, Beulr helps students and employees appear attentive without actually being present.Despite the humorous and practical nature of the product, founder Peter Solimine did not secure a deal from the sharks.Summary:
- Company Name: Beulr
- Founder: Peter Solimine
- Founded: 2020
- Product: Software for simulating presence in virtual meetings
- Asked For: $150,000 for 20% equity
- Final Deal: No deal
- Season/Episode (Shark Tank USA): Season 13, Episode 5
- Business Status: In Business
- Headquarters: New York, New York, USA
- Lifetime Worth (Sales): Estimated $500K
- Go To Amazon: Buy Now
- Watch On: Amazon Prime
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Description
Beulr App On Shark Tank Update – Shark Tank Season 13
Beulr, an app that allows users to send a bot to attend Zoom meetings on their behalf, has continued to grow since its appearance on Shark Tank.
Here are the key updates:
- Background: Peter Solimine, the creator of Beulr, developed the app during the COVID-19 pandemic to help himself and others avoid tedious online meetings. The app allows users to upload a video of themselves that plays during meetings, making it appear as though they are present.
- Shark Tank Experience: In his pitch, Solimine sought $150,000 for a 20% stake in the company but received no offers from the Sharks, who raised concerns about the app’s ethical implications and its potential for revenue generation. Despite the rejection, the exposure from the show helped boost Beulr’s visibility and user adoption.
- Current Status: Beulr remains operational and has expanded its user base to over 150,000 users, significantly increasing from the 92,000 users reported during its Shark Tank pitch. The app is now priced at $11.99 per month, up from the previous $6.99
- Future Development: Solimine has been working on enhancing the app’s features, including recording and transcribing meetings, and is looking to integrate it with more platforms beyond Zoom. The company also has ongoing job postings for developers, indicating plans for further growth.
