How much did GrooveBook sell to Shutterfly?

How much did GrooveBook sell to Shutterfly?

$14.5 million
The other big “Shark Tank” winner in O’Leary’s portfolio is Groovebook from season 5, he says. The company was created by Brian and Julie Whiteman and is a photo-printing app subscription service. The company sold to Shutterfly for $14.5 million in November 2014.

Is GrooveBook owned by Shutterfly?

In November, 2014, Shutterfly acquired Groovebook for $14.5 million, making this a very big Shark Tank Success Story! This acquisition makes GrooveBook the biggest deal on the show.

Is GrooveBook going out of business?

We made the tough decision to discontinue Groovebook services. We are committed to helping you with your account and orders. You can use the app to place orders for new books or reorder old books through April 8, 2022. While Groovebook services are ending, you can find many photo book options at Shutterfly.

What happened to GrooveBook?

GrooveBook, a photo-printing app and subscription service that creates personalized photo books featuring up to 100 of your photos, shipped monthly, has been acquired by photo printing giant Shutterfly for $14.5 million.

What is the best photo book service?

The best photo book services today

  1. Printique. The best, most creative software, and a gorgeous photo book.
  2. Mixbook. Great software, reasonable prices, and a quality product make this one of the best photo books.
  3. Shutterfly. Somewhat limited software and good-but-not-great photos.
  4. Costco Photo Center.
  5. Vistaprint.

Who is Shutterfly owned by?

Apollo Global Management
District Photo

How do I get a free photo book on Shutterfly?

Rewards programs that offer points toward free photo books: Kellogg’s Family Rewards, Pampers Rewards, Huggies Rewards, Swagbucks. Join these newsletters for a chance at receiving free Shutterfly photo book codes: Ikea Family, Jo-Ann, Motherhood Maternity.

How does GrooveBook make money?

GrooveBook, which makes cheap-to-ship picture books using subscribers’ smartphone pictures for $2.99 a month, saw its customer base triple to 85,000 in the first five days after its “Shark Tank” episode aired in May. That equates to $3 million in annual sales.

How much is GrooveBook a month?

Meet Groovebook. The app that helps you free your photos + puts them in a monthly book for $3.99/month.

Does Shutterfly own your photos?

Yes, they are private, and can not be viewed by anyone who has not received an email sharing notification from you. Please see our Privacy Policy for complete details.

Can you cancel GrooveBook?

To cancel GrooveBook, contact support via email ([email protected]) and ask to cancel your membership. Email [email protected] and ask them to cancel your account.

Do you get your first GrooveBook for free?

Well enter GrooveBook!! Groovebook is a FREE app that lets you choose up to 100 photos from your camera roll into a beautiful 4.5″ x 6.5″ photobook for FREE and mails it to you monthly. Your photos are printed on glossy photo paper and perforated for easy removal.

Is Shutterfly overpriced?

Shutterfly Specs Shutterfly is not the least expensive of the services, but for your money you do get better packaging than most lower-cost printing services provide.

How much did Shutterfly pay for GrooveBook?

Eleven months after making a deal with shark investors Mark Cuban and Kevin O’Leary on national television, GrooveBook announced it was acquired by Shutterfly for $14.5 million yesterday. The $14.5 million deal includes an upfront purchase amount and an earn-out based on future performance. “Billions of photos are taken every day from smartphones.

How much does a GrooveBook cost to ship?

Since the grooves in the spine makes the books flexible, each GrooveBook can be mailed for only $0.80 each. If the books were not flexible, then the cost of shipping would be about $3-$4 higher.

What does the Shutterfly-GrooveBook deal mean for Whitemans?

The Whitemans said that Shutterfly will help them scale the GrooveBook brand. The deal also enables GrooveBook to leverage Shutterfly’s technology platform and manufacturing footprint. As part of the acquisition, the Whitemans will work at Shutterfly as consultants.

What happened to the GrooveBook app?

Shutterfly made the tough decision to discontinue the Groovebook app. We’re honored that we’ve been able to share life’s memories with Groovebook customers and are committed to supporting your needs in this process. Checkout for more information and FAQs. Place orders for new books or reorder old books through April 8, 2022.