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Boo Boo Goo Net Worth in 2024: Has the Company Shut Down its Business?
boo boo goo

Boo Boo Goo Net Worth in 2024: Has the Company Shut Down its Business?

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Six-year-old Kiowa Kavovit and her father, Andrew Kavovit, have given the drab bandage a new life. Someone came up with a paint-on wet bandage that comes in cute colors. Did they get a deal on Season 5 of Shark Tank? Find out the current status of Boo Boo Goo and its net worth.

What is Boo Boo Goo?

The Boo Boo Goo is a paint-on bandage. This was begun by Andrew Kavovit. In 2014, Boo Boo Goo had a net worth of $588,000. This was based on the Shark Tank deal of $100,000 for 17% stock.

They made a deal with Kevin O’Leary in 2014, when they were on Season 5 of Shark Tank USA: $100,000 in exchange for 25% of the business.

boo boo goo

Boo Boo Goo is a new product that can be used instead of regular bandages for kids. It became very famous after the Shark Tank pitch. The business, however, shut down in 2016. Boo Boo Goo is no longer in business as of October 2023.  

Update of Boo Boo Goo Appearance on Shark Tank

Boo Boo Goo, a paint-on liquid bandage created by 6-year-old Kiowa Kavovit and her father Andrew, appeared on Shark Tank in Season 5, where they secured an investment from Kevin O’Leary.

They initially sought $100,000 for a 17.5% equity stake but accepted an offer of $100,000 for 25% equity, contingent on obtaining a patent.

Post-Show Developments

After their appearance, Boo Boo Goo expanded its product line, which included various formulations like Boo Boo Bites and Boo Boo Burns. However, the company faced challenges in fulfilling orders and ultimately shut down in 2017 due to unspecified issues.

In 2022, Boo Boo Goo resurfaced under the name Eco Bandages, but as of September 2023, the new products are still listed as “coming soon” on their website, indicating that they have not yet been launched. 

Despite the setbacks, Kiowa has been recognized for her entrepreneurial spirit and is noted for her charm and potential in future ventures.

In summary, while Boo Boo Goo initially showed promise and gained attention, it has struggled to bring its products to market effectively since its Shark Tank debut.

boo boo goo

Is Boo Boo Goo still in business?

Boo Boo Goo is currently not in business. After its initial success following the Shark Tank appearance, the company faced challenges and ultimately shut down in 2017.

In 2022, it attempted a relaunch under the name Eco Bandages, but as of now, the products are still listed as “coming soon” on their website, indicating that they have not been successfully launched or made available for purchase.

Are Boo Boo Goo products still available for purchase?

Yes, Boo Boo Goo products are still available for purchase through various retailers. Here are some options:

  • Nana’s Boo-Boo Goo: An organic tea tree, lavender, and calendula all-purpose healing salve available on Etsy for $7.95 plus shipping.
  • Boo-Boo Goo Premium Salve: Offered by That One Lavender Farm for $11.99, with additional shipping costs.
  • Boo Boo Goo from Cats Paw Soapery: This plantcrafted salve for minor childhood injuries is priced at $14.49, plus shipping.
  • Dimpleskins Naturals Boo Boo Goo Soothing Salve: A 100% natural product available for $16.03, with shipping fees.

These products are marketed as soothing salves for minor wounds and scrapes, although they may not be the original Boo Boo Goo from the Shark Tank pitch.

boo boo goo

Where can I buy Boo Boo Goo products now?

You can currently buy Boo Boo Goo products from several online retailers. Here are some options:

  1. That One Lavender Farm: They offer Boo Boo Goo Premium Salve for $11.99. This salve is made with natural ingredients designed to promote healing for minor cuts and scrapes.
  2. WiggleBums Cloth Diapers and Accessories: They sell Boo Boo Goo for $12.00, which is also a natural product suitable for various skin irritations.
  3. Cats Paw Farm: They provide a plantcrafted salve called Boo Boo Goo, which is designed for soothing minor wounds and scrapes.

These products are available for purchase online, but availability may vary, so it’s advisable to check the respective websites for current stock and shipping options.

Should you need more updates and insights on celebrities, examine our previous posts where we’ve meticulously examined all elements.

Boo Boo Goo Net Worth in 2024

As per reprots of Shark Tank Recap, Boo Boo Goo does not have a net worth in 2024 as the company is no longer in business. After appearing on Shark Tank in Season 5 and securing an investment from Kevin O’Leary, Boo Boo Goo faced challenges that led to its closure in 2017.

Although there were attempts to relaunch the brand under the name Eco Bandages in 2022, the products have not been successfully brought to market, and the company remains inactive. Therefore, it does not hold any financial valuation at this time.

Gain a thorough understanding of celebrities’ net worth via Wortholino.

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