For many people, bitcoin investing can seem complicated and unaffordable. As interest in cryptocurrency grows, more people want to become involved, but it’s difficult to comprehend the market and make consistent investments.
With his software, Bundil, Dmitri Love aimed to address that issue. Web developer Dmitri observed that his family members and friends were keen to get involved with cryptocurrency, but were unsure of where to begin. He created Bundil as a straightforward way for consumers to experiment with cryptocurrencies without having to spend a lot of money.
To raise money from the Sharks to grow Bundil and make cryptocurrency investing even more accessible, Dmitri presented his software to Shark Tank in Season 10. Dmitri presented his proposal in this episode, asking for $100,000 in exchange for 10% ownership. Did the entrepreneur get a deal on Shark Tank? Check out our Bundil update to find out!
Bundil Net Worth Shark Tank Update 2025
Dmitri Love asked for a $100,000 investment in exchange for 10% equity in his company. This meant he valued his company at $1 million. He made a deal with Kevin for $100,000 in exchange for 50% of his company. This new deal valued his company at $200,000. After the show aired, Bundil saw a big increase in website traffic, sales, and social media exposure. With an estimated 10% yearly growth rate (typical business growth), the current net worth of Bundil is about $322,000.
After Dmitri’s Shark Tank participation, Bundil experienced some expansion and prosperity. Additional cryptocurrencies were added to the program, and Dmitri could interface Bundil with many significant financial systems, which simplified user deposits and withdrawals. Bundil was gaining customers who appreciated how easy it was to invest tiny sums of money in cryptocurrencies using the app.
But Bundil’s adventure wasn’t supposed to go on forever. Dmitri announced on LinkedIn in 2023 that he had shut down the company earlier that year. Although Bundil was no longer in operation, Dmitri said that the experience of starting and managing his own firm taught him a lot. Despite Bundil’s short-term failure, Dmitri’s enthusiasm and expertise in the tech and cryptocurrency fields show he could bring new ideas to life in the future.
Yes, on Shark Tank, Dmitri Love agreed to a deal with Kevin O’Leary. Kevin made an offer of $100,000 for half of Bundil’s stock. Dmitri accepted the transaction to add Kevin’s funding and knowledge to his business, even though it was more equity than he had originally wanted to give up.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Kevin O’Leary | $100,000 for 50% equity | N/A | Yes |
| Lori Greiner | Out | N/A | N/A |
| Matt Higgins | Out | N/A | N/A |
| Daymond John | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Bundil Shark Tank pitch
The gifted web developer Dmitri Love didn’t begin his career in banking. But after learning more about cryptocurrencies out of curiosity, he wanted to make his own investment.
Dmitri was inspired to establish Bundil after friends and relatives started requesting help on how they could take part as well. He wanted to make investing in cryptocurrencies easy and straightforward for everyone.
Even with his outstanding technical abilities, Dmitri had to deal with the difficulties of launching a company, raising capital, and advertising it in a cutthroat industry.
Bundil, a software that converts tiny, daily transactions into cryptocurrency investments, was presented to the Sharks by Dmitri. He described how the program automatically invests the spare change and rounds up purchases to the closest dollar. In order to make the program cheap for users, Dmitri shared Bundil’s business model, which offers monthly and annual subscription rates. Keep reading our Bundil update to see what happens next!
In response to Matt Higgins’ question on what motivated him to join the cryptocurrency industry, Dmitri described how his personal investment interests sparked the development of Bundil.
Kevin asked which type of crypto the app supports. The founder replied it supports Bitcoin, Ethereum and Litecoin.
Kevin further questioned how he made the money. Dmitri responded. He charges a monthly fee of $3 a month and $24 for the year.
Kevin inquired how Dmitri attracted the customers. The entrepreneur replied that they do advertising on Facebook. The customer acquisition cost is $2.77. He also added that he has 360 users and has invested $1000 in marketing.
Lori Greiner dropped out early because she was unsure about the future of cryptocurrencies and didn’t want to invest in a crypto app.
Mark Cuban stated he could not make a bid because of a conflict of interest with one of his own businesses.
According to Daymond John, Bundil required more time to establish itself since it was too new.
Matt Higgins also decided not to invest.
Kevin O’Leary saw the opportunity and made Dmitri an offer of $100,000 in exchange for a 50% in Bundil. Despite his initial reluctance, Dmitri accepted the offer because he was concerned that Kevin might not commit further money if it became necessary.
Product Availability
From our Bundil update research, Bitcoin, Ethereum, and Litecoin were among the popular cryptocurrencies that Bundil supported and were accessible as a mobile app. Bundil’s $3 monthly plan or $24 annual subscription allowed consumers to invest tiny amounts of their regular expenditure. Bundil was a novel way to make cryptocurrency more approachable for novices, even though it is no longer in operation.
Conclusion
Bundil’s experience on Shark Tank exemplified the difficulties and thrill of introducing a novel concept to the market. The goal of Dmitri Love’s program was to solve an issue that many novice investors have by making Bitcoin investing simple. Despite Bundil’s demise, Dmitri gained important insights and candidly shared his experiences with his network.
Although Bundil is no longer in operation, people who are interested in technology and investing will still find inspiration in the tale of Bundil and Dmitri’s entrepreneurial drive.
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
