Chubby Buttons is the world’s first wearable Bluetooth remote device. This device is made with wearable technology and it supports multi-device compatibility.
This means that along with connecting this device to the phone via Bluetooth 5.1, you can also connect earphones. The phone can be easily controlled through the oversized buttons of this device.
With the help of this device, you will be able to access Google Assistant, phone calls, camera, and music easily. Apart from all this, this device is weatherproof and comes with 4 4-month long-lasting battery. According to the company website, this gadget is perfect for riding, skiing, and gym people.
This device is available in 3 variants Patriot, Tron, and Hunter, its cost is $74.99.
| Company Name | Chubby Buttons, LLC |
| Founder | Mike Cherkezian and Justin Barad |
| Founded | 2017 |
| Product | A solution to control our smartphones |
| Asked For | $250k for 8% equity |
| Final Deal | No Deals |
| Shark | No Sharks |
| Episode (Shark Tank USA) | S14 E17 |
| Air Date | Mar 17, 2023 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Brooklyn, New York, United States |
| Lifetime Worth (Sales) | $1M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Chubby Buttons?
three friends started this company. The co-founders of this company are Justin Barad and Michael Cherkezian.
Justin Barad
Justin is the Co-Founder & Head of Operations of this company and he is currently working full time in it. After completing his Doctor of Medicine from Tel Aviv University, he worked in Fooda for 7 years as Senior Business Development Manager.
Michael Cherkezian
Michael is another co-founder of this company. He has served as a director in several companies, including Norex International, Expand Research, and Thinknum Alternative Data.
Michele joined Envestnet | Yodlee in December 2022 as an Investment Research Sales.
Chubby Buttons Before Shark Tank
3 friends launched this company in 2017 and this company was able to generate very good sales in the initial time. Many riders from the United States are using these gadgets.
This gadgets is not chargeable, in this you can change the battery. The company claims that one battery will last for 4 months.
It is very easy to change the battery, you just have to remove the battery cover and plug the battery in. This gadget is water resistant and is durable for a long time. According to Crunchbase, this company is currently in profit.
Justin has revealed on his Linkedin account that 5,000 units of this product were sold in the first 12 months of the year.
How Was The Shark Tank Pitch Of Chubby Buttons?
Justin and Mike enter Shark Tank and ask the sharks for $250k for 8% equity. They explained to Shark about their Chubby Buttons product and how to control the smartphone through this one simple gadget.
Their annual sales in 2021 were $500,000 for 2022 sales went up to $600,000. The landed cost of the product is $11.57-$13.37 and it is sold for $79.99.
They spend $12k-$15 on marketing every month. Their customer acquisition cost is $27. They have raised $250,000 in funding from a single investor.
Mark Cuban, Barbara Corcoran, Robert Herjavec, and Lori Greiner declined to invest in this business. Kevin O’Leary is interested and offered to invest in this business for $250k for 10% equity + will take $20 per unit sold until $1 million is achieved.
Justin countered the $2 royalty but Kevin said no. Justin countered another $3 royalty Kevin again said no.
Finalize: Chubby Buttons didn’t get a deal on Shark Tank.
Chubby Buttons Shark Tank Update
After Mike and Justin enter the Shark Tank, they tell the sharks about their business. Both of them talked about many things like annual sales, profit, and feature plans. There were a lot of conversations between the shark and the CO-founder.
We’re following Mike Cherkezian and Justin Barad along with their company for further updates.
What Is The Net Worth of Chubby Buttons?
Chubby Buttons is estimated to be worth $3.1 million. This company has been running since 2017 and many people have bought the products of this company. This product has received a very good response on Amazon so far. Moser People say the product is expensive but works.
This gadget is currently available in many countries through Amazon and this device supports both iPhone and Android.
The current headquarters of this company is in Brooklyn, New York, United States and it employs 2-10 employees according to LinkedIn.
