American entrepreneur and author Pamela Redmond pitched her name generator business, Nameberry, on Shark Tank Season 16. Nameberry is the world’s largest online database for baby names, featuring a collection of 70,000 names. The website uses Name DNA analysis to suggest personalized baby names for users.
Pamela wants to integrate AI models into Nameberry to increase revenue, so she sought help from the Sharks. She pitched for $350,000 for 5% equity, valuing her company at $7 million. Kevin O’Leary showed interest in her name generator business, and the deal was secured at $350,000 for 24.9% equity.
| Company Name | Nameberry | |
| Founder | Pamela Redmond | |
| Founded | 2008 | |
| Product | Name Generator Website | |
| Asked For | $350k for 5% equity | |
| Final Deal | $350k for 24.9% equity | |
| Sharks | Kevin O’Leary | |
| Episode (Shark Tank USA) | S16 E10 | |
| Air Date | Jan 31st, 2025 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Los Angeles, California, USA | |
| Lifetime Worth (Sales) | $8M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
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Who Is The Founder Of Nameberry?
Pamela Redmond is the founder of Nameberry LLC, a popular name-generator database website. She launched Nameberry in 2008 to help parents find the best names for their children. Before starting the website, she had already written several novels and books. So far, she has authored eight novels.
How Was The Shark Tank Pitch Of Nameberry?
Pamela Redmond appeared on Shark Tank and pitched her name generator business, Nameberry. She explained how a name can significantly impact a person’s life.
She highlighted Nameberry’s Baby Name DNA, which suggests suitable baby names after answering 57+ personalized questions. Additionally, the platform can analyze your naming style based on your zodiac sign.
She revealed to the Sharks that since 1988, she has written 10+ books, all of which she owns the IP rights for. Nameberry has been running for 15 years and has been profitable for the last 10 years. Currently, its only revenue source is advertisements, but with the help of the Sharks, she aims to integrate AI models to diversify revenue streams.
Mark Cuban suggested that Nameberry could earn $1M–$5M through data licensing, but he felt there was still a lot of work to be done, so he decided to step out. Lori Greiner also chose not to invest in the business.
Pamela shared that Nameberry gets 4 million unique visitors and 20 million page views per month. Last year, the website generated $1.1 million in gross revenue, with a net profit of $650,000.
Additionally, Nameberry has 100,000+ registered users on its newsletter, boasting a 50% open rate. Currently, Pamela owns 66% of the company.
Kevin O’Leary found the deal interesting and initially offered $350,000 for 33.3% equity. Pamela countered with $700,000 for 15% equity, but Kevin declined.
She then made another counteroffer of 24.9% equity, as she wanted to retain control of the company. Kevin accepted the revised deal at $700,000 for 24.9% equity.
Breakdown Sharks Offer
Note: Here’s a quick summary of the offers and counteroffers between the Sharks and Pamela:
| Sharks | Offers |
| Kevin O’Leary | $350k for 33.3% equity |
| Kendra Scott | No Offer |
| Mark Cuban | No Offer |
| Lori Greiner | No Offer |
| Daymond John | No Offer |
| Founder’s (Countered) | $350k for 24.9% equity |
| Final Deals | $350k for 24.9% equity |
Nameberry Shark Tank Latest Update
After securing a deal with Kevin on Shark Tank, Nameberry received a massive free promotion, attracting more users to the website for baby name selection. The platform offers name suggestions based on celebrity names, zodiac signs, and more.
However, its Name DNA Analysis is the most advanced feature, helping users find the perfect name in a personalized way.
Pamela Redmond revealed on her website that in 2024, Nameberry attracted 31 million unique users from around the world, all searching for the perfect name.
What Is Nameberry Net Worth?
The revenue growth of Nameberry, a name-generator media portal, has remained stable at around $1 million per year. Based on the company’s assets and consistent growth, its estimated net worth is $2.8 million. We are currently tracking this business for more updates.
