Many females become disinterested in science and maths early on. This occurs as a result of a lack of entertaining toys that teach girls these skills. This was something Sharmi Albrechtsen wished to alter. SmartGurlz is a product that she developed. This product makes studying enjoyable by utilizing dolls and coding. Sharmi presented her proposal to Shark Tank.
She requested 200,000 dollars in return for 5 % of her business. After hearing her suggestion the sharks asked a lot of questions. Will the entrepreneur get a deal on Shark Tank? Check out The SmartGurlz update to find out!
martGurlz Net Worth Shark Tank Update 2025
Sharmi Albrechtsen asked for a $200k investment in exchange for 5% equity in her company. This meant she valued SmartGurlz at $4 million. Daymond John made a deal with Sharmi for $200k in exchange for 25% of the company. This new deal valued SmartGurlz at $800,000. After the show aired, SmartGurlz 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 SmartGurlz is about $20 million.
SmartGurlz became very successful after Shark Tank. Sales grew quickly after the show. In 2018 the company made $1.2 million in sales. In 2019 Sharmi raised $525,000 more to grow the business. She also partnered with Pitsco Education to create a school coding program called SmartBuddies. Pitsco promised to buy $5.5 million worth of products over three years.
In 2020 SmartGurlz adapted to the pandemic by moving their school program online. The company made dolls based on characters from the PBS show Odd Squad. Today SmartGurlz makes over $20 million every year.
In terms of a SmartGurlz update, Yes Sharmi made a deal on Shark Tank. She asked for $200000 in exchange for 5 % of her company. Daymond John liked the idea but thought the company was not worth as much as Sharmi said. He offered $200000 for 30 % ownership. Sharmi tried to negotiate a lower % and asked for 20 % instead. They continued to talk and finally agreed on $200,000 for 25 % ownership of SmartGurlz.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Sir Richard Branson | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Daymond John | $200,000 for 30% equity | #1 $200,000 for 20% equity #2 $200,000 for 25% equity | Yes to 2nd offer |
| Mark Cuban | Out | N/A | N/A |
martGurlz Shark Tank pitch
Sharmi Albrechtsen created SmartGurlz to help her daughter who struggled with math and found it boring. Sharmi noticed that many STEM toys were designed for boys. She wanted to create a toy that made learning fun for girls too. She began by creating an app that used stories to teach math. This app helped her daughter understand math in a simple way. Sharmi realized she could turn this idea into something bigger.
Sharmi decided to combine the app with dolls. She created a line of dolls that came with scooters. The scooters were programmable using the app. Girls could make the scooters move by giving simple coding commands.
Each doll had its own personality and a background in a STEM field like computer programming or chemistry. Sharmi believed that girls could see themselves in these dolls and feel inspired to explore STEM subjects. Starting the company was not easy. Sharmi had to find manufacturers to make the dolls and build the app. She also needed money to produce and market the toys. At times the challenges felt overwhelming but Sharmi believed in her idea. She worked hard to bring SmartGurlz to life and make it a success.
Sharmi was sure of her product when she made her Shark Tank appearance. She requested $200,000 in return for 5% of SmartGurlz. She explained the issue she wished to address at the start of her pitch. Girls frequently feel excluded because a lot of STEM items are designed for guys. Sharmi intended to address this by developing a toy that encouraged females to pursue STEM fields.
Sharmi demonstrated SmartGurlz’s operation to the sharks. Every doll had a scooter. A smartphone app might be used to program the scooter. Kids could learn to code while playing with easy-to-use software. Children might make their own missions or finish pre-made ones. Sharmi clarified that the dolls were more than just playthings. They were tools to teach coding and inspire girls to explore STEM fields.
Sharmi shared her company’s progress. In just six months SmartGurlz had made $250,000 in sales. It cost $18 to produce each unit and she sold them for $79.99 each. The sharks listened carefully and asked questions about the product and the business model.
The sharks had many questions about SmartGurlz. They wanted to know how the product worked and if it had potential for growth. Sharmi explained that the app used buttons to teach kids coding. Kids could program the scooters to move through obstacles and complete missions. She said the app was easy to use and fun for children. The sharks also asked about the target audience.
Sharmi said SmartGurlz was designed for girls. Many STEM toys were made for boys. She wanted to create something special for girls to inspire them to explore STEM subjects. Lori Greiner asked about competition. She worried that big companies like Barbie might copy the idea. Sharmi said SmartGurlz was unique because it combined coding and storytelling. Daymond John asked about the future of the company.
Sharmi said she planned to expand through licensing. She believed this would help her reach more children and grow the company .The sharks were impressed with the sales numbers. SmartGurlz made two hundred and fifty thousand dollars in six months. Sharma said parents loved the product because it was both educational and fun.
The sharks’ responses to SmartGurlz varied. According to Robert Herjavec, doll-based items did not appeal to him. He chose not to make an investment. Additionally, Mark Cuban declined since he didn’t believe he could benefit the business.
Although Richard Branson thought the idea was good he didn’t think he was the best partner for the company. He decided to go outside. Lori Greiner was concerned about Barbie and other large corporations competing with her. Although she declined she believed Daymond’s offer was a good one.
The single offer was made by Daymond John. He claimed that thirty percent of SmartGurlz would be worth two hundred thousand dollars. Sharmi attempted to bargain for a smaller share. Daymond turned down her request for twenty percent.
What Went Wrong With SmartGurlz On Shark Tank?
Some sharks had concerns about SmartGurlz. Robert Herjavec did not like the idea of a doll-based product. He said it was not something he was interested in. Lori Greiner worried about competition. She thought big companies like Barbie could copy the idea and make it harder for SmartGurlz to succeed. Mark Cuban and Richard Branson felt they were not the right partners for the business. These concerns kept some sharks from making an offer.
Product Availability
SmartGurlz is available for purchase today. You can buy the dolls and scooters on the company’s website. The website also offers coding programs for kids. SmartGurlz products are designed to teach coding in a fun and interactive way. Each doll comes with a programmable scooter. Kids can use the app to create missions and control the scooter. The app is easy to use and makes learning coding simple.
The dolls also have unique personalities related to STEM fields. This helps kids connect with the characters and explore different STEM subjects.SmartGurlz also works with schools through the SmartBuddies program. This program helps kids learn coding in classrooms. Many schools across the country use SmartBuddies to teach STEM subjects in a fun way.
Conclusion
SmartGurlz started with one mother’s dream to help her daughter learn math. The company faced many challenges but grew into a big success. SmartGurlz inspires girls around the world to love STEM subjects. Since appearing on Shark Tank the company has grown rapidly and earned over twenty million dollars each year. SmartGurlz shows how one idea can make a big difference in the lives of children. The future looks bright for SmartGurlz and we are excited to see what they do next.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
