Classroom Jams is an educational record label and publishing house that helps students understand complex topics, such as Shakespeare, through music. The business generates revenue by selling music records.
| Company Name | Classroom Jams | |
| Founder | Mark Furigay | |
| Founded | 2007 | |
| Product | Education Record Label and Publishing House | |
| Asked For | $250k for 10% equity | |
| Final Deal | $250k for 100% equity | |
| Shark | All 5 Sharks | |
| Episode (Shark Tank USA) | S1 E2 | |
| Air Date | Aug 9th, 2009 | |
| Business Status | Out of Business | |
| Website | Visit Website | |
| Headquarters | Chicago, Illinois, USA | |
| Annual Worth (Sales) | $10M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Classroom Jams?
Mark Furigay is the founder of Classroom Jams and an English teacher at Dyett High School for the Arts. He began his teaching career at Chicago Public Schools.
How Was The Shark Tank Pitch Of Classroom Jams?
Founder Mark Furigay entered Shark Tank seeking $250,000 for 10% equity in his business. After presenting his concept, the sharks expressed their enthusiasm for his idea.
Furigay composed and performed the song “Jubilee for Juliette,” which the sharks greatly enjoyed. A classroom set costs $499 and includes 30 classes along with a tutor guide.
Furigay plans to create an album focused on history and science subjects. Kevin O’Leary asked Furigay to step aside briefly and then informed the other sharks that he liked the business idea, suggesting they collaborate for 100% equity.
O’Leary and the other sharks offered $250,000 in exchange for a 5% royalty on profits for full ownership of the company. Robert Herjavec also made a separate offer of $250,000 for 51% equity. However, Furigay rejected Robert’s offer, as he preferred to work with all five sharks.
After careful consideration, Furigay accepted the offer from the five sharks.
| Sharks | Offers |
|---|---|
 Barbara Corcoran | $250k for a 5% royalty on profits for 100% of the company (#1) with 4 sharks |
 Kevin O’Leary | $250k for a 5% royalty on profits for 100% of the company (#1) with 4 sharks |
 Robert Herjavec | $250k for a 5% royalty on profits for 100% of the company (#1) with 4 sharks $250k for a 51% equity (#2) |
 Daymond John | $250k for a 5% royalty on profits for 100% of the company (#1) with 4 sharks |
 Kevin Harrington | $250k for a 5% royalty on profits for 100% of the company (#1) with 4 sharks |
| Founder’s (Countered) | No Counters |
| Final Deals | $250k for a 5% royalty on profits for 100% of the company |
Classroom Jams Shark Tank Update
Classroom Jams secured a deal on Shark Tank, with all five sharks—Kevin O’Leary, Kevin Harrington, Barbara Corcoran, Daymond John, and Robert Herjavec—investing $250,000 in exchange for a 100% stake in the company.
There was little new information about the business from 2009 to 2015. In 2016, Mark Furigay became an English teacher at Dyett High School for the Arts.
Various educational albums are available for purchase on Furigay’s Wix website. These include titles such as The William Shakespeare Funk, The Jubilee of Juliet Part 1, The Jubilee of Juliet Part 2, Hamlet’s Theme, Ophelia, The Tragedy of Macbeth, Lady Macbeth Blues, and Acoustic Interlude.
As of 2024, not much information about the business is available online.
Following the successful deal on Shark Tank, all five sharks have made efforts to grow the business; however, there have been no progress reports released. Additionally, the official website for Classroom Jams does not exist, and the social media accounts are not functioning properly.
What Is Classroom Jams’s Net Worth?
Classroom Jams’s net worth is estimated at $0 million. Educating students through music is a great concept that can help them concentrate better. However, this type of business may struggle to sustain itself in the long term.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
| Years | Annual Revenue |
| 2023 | $0M *estimated |
| 2022 | $0M *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| 2009 | $250k | Kevin O’Leary, Kevin Harrington, Barbara Corcoran, Daymond John, and Robert Herjavec |
No, Classroom Jams has been out of business since 2020.
