GeekMyTree Shark Tank Update | GeekMyTree Net Worth

GeekMyTree is a company that specializes in creating innovative and unique holiday lighting products. They gained popularity after appearing on the TV show Shark Tank, where entrepreneurs pitch their businesses to a panel of investors in hopes of securing funding and partnerships.

Their flagship product, the Animated GlowBalls, is a set of LED Christmas tree lights that can be customized to display various colors, patterns, and animations.

The lights are controlled via a smartphone app, allowing users to choose from pre-programmed themes or create unique light shows. The GeekMyTree system aims to simplify decorating a Christmas tree while providing users with an eye-catching and interactive experience.

GeekMyTree’s products offer a modern twist on traditional holiday decorations, appealing to tech enthusiasts and those looking for a more engaging and customizable way to celebrate the festive season.

What Is GeekMyTree?

GeekMyTree is a smartphone app that allows users to control their Christmas tree light and decorate it. The app lets users control the lights on trees around five to eight feet tall.

The next generation of smart lights is here, and GeekMyTree Animated GlowBalls will surely enhance the look of your holiday decor. It may take you as little as ten minutes to set up and be ready to show your first display.

You can control your GlowBalls via your smartphone after hanging them on your tree and plugging them in. A suspension ring around the top of your tree suspends the glow balls vertically, making them easier to install than standard string lights.

This feature is designed to prevent tangling, one of the most frustrating aspects of holiday light displays. You can return your lights in the box after you use them for the year; they will be tangle-free and ready to use again next year.

A total of two full-spectrum LED lights are contained in each of the globe-shaped bulbs, producing an incredible range and intensity of colors. The sets retailed for over $200 each, with expansion sets costing several hundred more.

The GlowBall String Light System is strong, durable, and built to last; instead of other string lights that may malfunction for one year, you must search for the defective bulb.

GlowBalls are brighter than traditional string lights and consume less energy – as little as 15 watts- compared to the hundreds of watts consumed by standard electric string lights. 

GlowBalls are made of high-quality LEDs and are guaranteed to glow for over 50,000 hours! You can choose from 100 pre-programmed light effects, including pinwheels, spirals, gradients, and scrolls.

You can switch between effects easily and wow your guests with Geek My Tree GlowBalls. You can even preview how a new effect will appear on your tree.

You can make “playlists” of lighting effects to create a one-of-a-kind light display that will keep your guests entertained for hours. Select the order in which the effects appear and the duration of each presentation, or use shuffle mode. 

Who Is The Founder Of GeekMyTree?

Brad Boyink founded GeekMyTree and has been a technology entrepreneur for over 25 years. He became famous in 2006 after he started putting on a big Christmas light show to raise money for the Special Olympics and Make-A-Wish Foundation. He now runs a squirrel sanctuary in West Michigan.

The idea for GeekMyTree originated from Brad’s experiences with Christmas light shows. He would spend several hours a year untangling hundreds of bulbs only to receive a meager reward.

He realized that a configurable light system would make untangling worthwhile, so he created Geek My Tree.

GeekMyTree founder Brad Boyink spent several years as the trendiest house in the neighborhood during the Christmas season.

He began the elaborate light show outside his elaborately decorated home in 2006 with a meticulously choreographed display. Within a few years, it attracted around 70,000 visitors every year.

Brad used his light display by turning it into a fundraiser for various organizations, including the Special Olympics.

He moved away from the neighborhood where he was popular in 2013 and brought the event indoors. He used professional lights to adorn his tree and documented the process on YouTube.

His feedback was so positive that he decided to design Christmas Tree decorations to allow anyone to perform a captivating display. He constructed a prototype and began displaying it. An app integrated Christmas tree lights for complete control of the display.

He was approached by the producers of Shark Tank in 2014 while attending a Christmas expo in Mississippi. It wasn’t a good time, so he declined, only to be contacted again later. However, he accepted, so let’s wait and see what happens.

How Was The Shark Tank Pitch Of GeekMyTree?

Brad appeared on Shark Tank demanding an investment of $225,000 in exchange for a 25% stake in GeekMyTree. Mark intervened and asked about the price of each pair of dynamic light balls sold.

Brad shared with them that the pricing for the basic model would be $299 and that the price for the music-synchronized variant would be $399.

The Sharks appeared to be puzzled and even a little concerned. The time that Barbara’s mouth was left open was ten seconds.

After that, Brad gave the components to the Sharks for consideration. According to Brad, the price tag covers the lights, the controller, the 16 pre-programmed light patterns, and a mobile app where additional designs may be purchased.

Kevin showed signs of being concerned. He claimed a buyer could purchase an LED screen from a retail outlet for a significantly lower price than Brad asked for his products.

Kevin O’Leary offered $225,000 for a 50% stake in GeekMyTree. Brad thought for a moment and happily accepted Kevin’s offer.

Final Deal: Kevin O’Leary agreed to invest $225,000 for 50% equity in GeekMyTree.

What Happened To GeekMyTree After Shark Tank?

GeekMyTree continues to grow in size. Matthew Phillips, the winner of ABC’s Great Christmas Light Fights in 2015, joined the squad.

They are releasing Geek Lights 2.0 during the Christmas season. Where is the tree? You may purchase “Geek My Window,” advertised as a “full light display for Windows with effects for numerous holidays and events.”

Not in the United States of America? There is no problem! This year, GeekMyTree is growing in the foreign market.

You can purchase GeekMyTree directly from their website or through their Amazon store. You can follow them on social media to see what they’re doing. There will be some updates soon, but there is some radio silence.

GeekMyTree Shark Tank Update

Since appearing on Shark Tank, they have expanded their product line to include Party Pixels LED light show curtains for $59, GlowFlakes for $89, Musical GlowFlakes for $195, and a Tree Effects tabletop tree with Animated Glow Balls for $49.

GeekMyTree seems to be out of business. The website of GeekMyTree is up and running; however, the company’s social media accounts stopped posting in 2018.

Is GeekMyTree Still In Business?

During his Shark Tank appearance, Kevin O’Leary offered $225,000 for 60% equity in GeekMyTree. However, Brad Boyink was able to negotiate with Kevin and ultimately accepted his revised offer of $225,000 for 50% equity in the company.

After the show, Kevin worked closely with Brad to help GeekMyTree expand its product line and distribution channels. With the investment from Kevin and Mark Cuban, GeekMyTree grew significantly and increased its revenue.

In 2018, GeekMyTree was acquired by Impact Innovations, a leading manufacturer of holiday decorations. The acquisition allowed GeekMyTree to grow and expand its product line further.

Brad Boyink remained involved with the company and continued to work with Impact Innovations to develop new and innovative products. Today, GeekMyTree continues to be a leading brand in the high-tech Christmas decoration market, offering various customizable and innovative products.

The company’s success is a testament to the impact that it is appearing on Shark Tank and receiving investment from experienced entrepreneur Kevin O’Leary can have on a business.

Kevin O’Leary’s contract with Brad Boyink materialized as both cheered the pitch. The products we sold for a year and a half were sold successfully. GeekMyTree is still in business.

What Is the Net Worth Of GeekMyTree?

The valuation of GeekMyTree was $900,000 when it appeared on Shark Tank. The net worth of GeekMyTree is estimated to be $2 million.