Ava the Elephant is a talking children’s medicine dispenser that helps kids dispense medicine with ease. The founder of this company, Tiffany Krumins, appeared on Shark Tank Season 1 Episode 1 and asked the Sharks for $50,000 for 15% equity and a $333k valuation.
Before Shark Tank, the name of this product was Emmy the Elephant but after the deal, the name was changed to Ava The Elephant. Krumins had sought investment by giving a demo of a prototype product in Shark Tank.
What is Ava the Elephant?
Ava the Elephant is a medicine dispenser for children that helps children funnily dispense medicine. This product has been given the shape of an elephant’s trunk and a speaker, battery and some sound programs have been added to it.
There is a hole in the back side of the elephant from where medicine is poured and fed to the children. This product is available on many online and retail stores like Amazon, eBay, etc.
|Ava the Elephant
|medicine dispenser for kids
|$50k for 15% equity
|$50k for 55% equity
|Episode (Shark Tank USA)
|Aug 9th, 2009
|Alpharetta, Georgia, USA
|Lifetime Worth (Sales)
|Buy and Watch
Another Shark Tank Pitch
Who Is The Founder Of Ava the Elephant?
Ava the Elephant’s Founder and CEO is Tiffany Krumins, a former professional babysitter. She is also the founder of Mom Genius and Opu Probiotics Company.
How Was The Shark Tank Pitch Of Ava the Elephant?
After entering Shark Tank, Krumins asked the Sharks for $50k for 15% equity. She showed her prototype product to the shark and explained how it works.
Till now she has not patented the product and she needs investment so that she can patent and manufacture the working product.
All the sharks except Barbara refused to invest in this business because the product is a prototype mode. Barbara Corcoran offered $50k for 55% equity. After some thought, Krumins agreed to her offer.
|$50k for 55% equity (#1)
|$50k for 55% equity
What Happened To Ava the Elephant After Shark Tank?
Ava The Elephant got a deal on Shark Tank. Barbara Corcoran invested $50,000, taking a 55% stake in the business.
After this deal was done, the working product was manufactured and made available in 1000+ drugstore chains like CVS and Walgreens. After the product became successful, Barbara and Krumins launched a new product line.
After battling cancer and having three children, Krumins signed a licensing deal with Better Family in March 2021.
In June 2021, she started an Opu Probiotics Business in partnership with her father, which sells Probiotics Chocolate and Instant Dissolve Pre + Probiotic Packets.
Ava the Elephant Shark Tank Update
This Business’s Progress Report was published in Shark Tank Season 4 Episode 15 where Krumins introduced her thermometer stickers and vaccine program for children in need. We are currently following the founder and her business for more information.
What Is Ava the Elephant Net Worth?
Ava the Elephant’s net worth is estimated at $5 million. Since 2021, Krumins has not been able to focus on this business because she was suffering from cancer due to which she was not able to focus on the business.
Is Ava the Elephant Still In Business?
Krumins, after defeating cancer like a brave woman, had just started the business “Opu Probiotics” with her father. Tiffany and her father Brian discovered a better way to deliver probiotics.
The official address of this business is Alpharetta, Georgia, United States.
Yes, Ava the Elephant is still in business as of January 2024.
frequently asked questions
Who founded Ava the Elephant?
Ava the Elephant was founded by Tiffany Krumins.
Did Ava the Elephant get a deal on Shark Tank?
Yes, Ava the Elephant got a deal on Shark Tank, and Barbara Corcoran invested in this business.