Rolodoc Net Worth Shark Tank Update 2025

Dr. Albert Amini and Dr. Richard Amini two physicians based in Arizona showcased their concept for a new social media application named RoloDoc on the show Shark Tank. This application was designed to serve as a medium for improved communication between doctors and patients.

They anticipated it would resemble Facebook but tailored for the medical sector. They aimed to enhance the enjoyment and effectiveness of doctor-patient interactions.

They expressed numerous worries about the app’s functionality and its ability to safeguard medical records. Will the entrepreneur get a deal on Shark Tank? Check out the Rolodoc update!  

Rolodoc Net Worth Shark Tank Update 2025

Dr. Albert Amini and Dr. Richard Amini asked for a $50k investment in exchange for 20% equity in their company, RoloDoc. This meant they valued their company at $250,000. They did not make a deal with any of the Sharks. After the show aired, RoloDoc 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 RoloDoc in 2025 would be about $402,500. However, since the company is no longer active, its net worth is effectively $0.

Following the airing of the Shark Tank episode, RoloDoc appeared to stagnate. The Amini brothers encountered difficulties following their presentation. They found it difficult to demonstrate to the Sharks how their concept could be successful. They possessed numerous questions and worries that went unanswered. Despite being doctors they failed to persuade the investors.

Lacking support from the Sharks they ultimately gave up on their app concept. They returned to their healthcare professions. Mark Cuban a Shark on the show later remarked that it was “the worst pitch in Shark Tank history.” The app never gained traction and the siblings stopped developing it. Currently, RoloDoc is inactive. 

RoloDoc did not get a deal on Shark Tank. The Amini brothers were not able to convince any of the Sharks to invest. The Sharks had many doubts about the idea. They were concerned about the security of medical records on the platform and how the app would attract doctors. The lack of a clear plan for growth and success made the Sharks walk away.

The brothers did not receive any offers during their pitch and they left the Tank without a deal. The Sharks did not see the potential for the app to become a profitable business.

Shark(s) NameOffer & DemandCounter OfferAccepted?
Lori GreinerOutN/AN/A
Barbara CorcoranOutN/AN/A
Kevin O’LearyOutN/AN/A
Mark CubanOutN/AN/A
Robert HerjavecOutN/AN/A

Rolodoc Shark Tank pitch

Dr. Albert Amini and Dr. Richard Amini are physicians located in Arizona. They developed RoloDoc to enhance the interaction between physicians and patients. They recognized that existing communication methods in the medical sector were obsolete and ineffective. They believed that a social media platform could enhance connections between doctors and patients. They drew motivation from the achievements of other social media sites such as Facebook and LinkedIn.

The aim was to enhance the accessibility and enjoyment of healthcare for all participants. Nonetheless creating RoloDoc proved challenging. The siblings encountered numerous difficulties during the initial phases. They needed to determine how to create a platform that would be safe and reliable for healthcare workers and patients. They needed to discover a method to attract doctors to their platform.

Numerous physicians were reluctant to adopt a new social media platform particularly one that required sharing medical records. The siblings lacked a definitive strategy to tackle these obstacles complicating their efforts to launch the app.       

The Amini brothers introduced RoloDoc as a social media application tailored for the healthcare community. They clarified that the platform would enable patients to locate doctors and transmit medical records safely. They aimed to establish a system for physicians and patients to share ideas and interact more efficiently. The brothers characterized RoloDoc as akin to LinkedIn specifically for the healthcare sector.

They noted that it would enable physicians to link with fellow physicians and exchange medical insights. They also stated that the platform would enable patients to discover doctors who best fit their requirements. Nonetheless, the Sharks had numerous inquiries. They were curious about how the brothers would draw doctors to the platform and how they would guarantee the safety of medical records.

The brothers lacked definite answers to these inquiries. They did not clarify how they intended to generate revenue from the app. They failed to give sufficient information to persuade the Sharks that the platform would thrive.      

The Sharks posed numerous inquiries regarding RoloDoc and its functionality. Mark Cuban was among the initial ones to voice worries. He inquired about the strategy the Amini brothers had for encouraging doctors to utilize the platform. The siblings did not possess a definite response. Cuban also raised concerns about how they would determine if doctors were genuinely qualified.

He indicated that the platform could not be relied upon without verification. Kevin O’Leary expressed worries regarding the app’s security. He was interested in learning how the brothers would safeguard medical records and maintain patient privacy. The Amini siblings could not offer satisfactory responses to these inquiries. They also found it difficult to clarify how they planned to generate profits from the platform.

The Sharks were skeptical that the app could draw in sufficient users or produce revenue. Lori Greiner and Robert Herjavec shared similar doubts. They thought the concept was excessively unclear and did not contain a defined strategy for development. The brothers failed to provide any concrete answers to the Sharks’ worries making it challenging for them to regard the pitch with seriousness.       

The Sharks did not find the pitch impressive. Individually they chose to decline the offer. Mark Cuban was the most straightforward. He truly stood up from his chair and informed the Amini brothers that their proposal was the worst he had ever encountered on Shark Tank. He felt irritated by the absence of specifics and the ambiguity regarding the app’s possibilities.

Kevin O’Leary similarly declined the offer stating that the siblings failed to demonstrate the app’s potential for generating revenue. He reprimanded the brothers for neglecting the security issues and for lacking a definitive business strategy. Lori Greiner and Robert Herjavec shared the same skepticism. Both rejected the deal as they did not envision the app thriving in such a competitive landscape.

Ultimately the Amini brothers departed the Tank without receiving any proposals. They could not persuade the Sharks that their concept warranted investment.        

What Went Wrong With Rolodoc On Shark Tank?

RoloDoc did not succeed on Shark Tank as the Amini brothers were unable to respond convincingly to the Sharks’ inquiries. They were uncertain regarding the app’s functionality and its ability to draw in doctors. The Sharks expressed worries regarding the safety of medical records and the absence of verification for physicians utilizing the platform. The brothers lacked a concrete strategy for tackling these problems.

They also found it difficult to clarify how the app would generate revenue. Lacking clear responses, the Sharks found no promise in the app. The brothers could not demonstrate how RoloDoc would generate value for its users or investors. Ultimately every Shark declined the offer. The absence of a definite strategy and the unresolved inquiries resulted in the pitch’s failure.    

Product Availability

RoloDoc is no longer available today. The app never took off after its appearance on Shark Tank. The brothers were unable to convince investors or doctors to use the platform. Without a deal or support the brothers abandoned the app and went back to their careers in medicine. As of 2024, RoloDoc is no longer active and there are no plans for it to return. The Amini brothers have not continued their work on the app and it has not been available for purchase or use.

The website for RoloDoc is no longer in operation and the app is not listed on any app stores. The failure of RoloDoc highlights how challenging it can be to launch a new product in the highly competitive tech industry.

Conclusion

RoloDoc was an idea that failed to take off after its appearance on Shark Tank. The Amini brothers were unable to convince the Sharks to invest in their social media platform for doctors and patients. Despite their passion for the idea, they could not answer key questions about the app’s security and profitability. Without the support of the Sharks RoloDoc was abandoned. The brothers went back to their careers in medicine and the app is no longer available.