My Therapy Journal Shark Tank Update (Season 1)

My Therapy Journal is a therapeutic service website that prioritizes user privacy while addressing their questions. The site features two main components: the Journal and the Graph Tracker. Users can utilize these tools to track their emotions, behaviors, diagnoses, and problems.

Company NameMy Therapy Journal
FounderAlexis Saccoman and Rodolfo Saccoman
Founded2006
ProductTherapeutic Service Website
Asked For$80k for 20% equity
Final Deal$80k for 51% equity
SharkKevin O'Leary Shark Tank Profile Kevin O’LearyRobert Herjavec Robert Herjavec
Episode (Shark Tank USA)S1 E5
Air DateSep 6th, 2009
Business StatusOut of Business
WebsiteVisit Website
HeadquartersMiami, Florida, USA
Lifetime Worth (Sales)$0M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of My Therapy Journal?

Founder Of My Therapy Journal are Alexis Saccoman and Rodolfo Saccoman
Image credit by ABC Shark Tank

My Therapy Journal was founded in 2006 by brothers Alexis Saccoman and Rodolfo Saccoman. Alexis is primarily a therapist, while Rodolfo is a marketing expert.

How Was The Shark Tank Pitch of My Therapy Journal?

After entering the Shark Tank, the two brothers explained their therapy journal and asked for $80,000 in exchange for 20% equity. Last year, their sales were only $4,000, and they had 1,120 users signed up on their website, with just 121 users on the paid plan.

Barbara Corcoran expressed her dislike for the business idea and exited. Kevin Harrington also withdrew. Robert Herjavec, Kevin O’Leary, and Daymond John teamed up to offer $80,000 for 51% equity.

The founders countered with an offer of $80,000 for 49% equity. Kevin O’Leary clarified that Daymond was not involved in the deal, while Daymond countered with an offer of $120,000 for 50% equity. The founders rejected Daymond’s offer due to their lack of knowledge about internet marketing.

Ultimately, Alexis and Rodolfo accepted the offer from Kevin O’Leary and Robert Herjavec.

Sharks Offers list!

SharksOffers
Barbara Corcoran Barbara CorcoranNo Offer
Kevin O'Leary Shark Tank Profile Kevin O’Leary$80k for 51% equity (#1) (Robert)
Robert Herjavec Robert Herjavec$80k for 51% equity (#1) (Kevin)
Daymond John Daymond John$120k for 50% equity (#1)
Kevin Harrington Kevin HarringtonNo Offer
Founder’s (Countered)$80k for 49% equity (Robert & Kevin)
Final Deals$80k for 51% equity

My Therapy Journal Shark Tank Update

My Therapy Journal secured a deal on Shark Tank when Kevin O’Leary and Robert Herjavec invested $80,000 for 20% equity. However, both brothers closed the company in December 2009, just a few months after the deal.

In 2011, Rodolfo started his own company, AdMobilize, and dedicated his full time to it. Tragically, Alexis Saccoman passed away in 2018. Currently, there is no information available about My Therapy Journal online.

The business closed shortly after the Shark Tank episode aired, resulting in no returns for the investors. It may have been fortunate that the founders did not accept Daymond John’s offer.

What Is My Therapy Journal’s Net Worth?

My Therapy Journal’s net worth is estimated at $0 million. While many businesses are created every day based on the internet, only a few achieve success. Most businesses close within one year of starting.

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.

YearsAnnual Revenue
2006-9$10k *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2009$80kKevin O’Leary
Daymond John

No, My Therapy Journal has been out of Business Since 2009.

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