When using Qeepsake, you won’t have to struggle to compile precious photos and videos of your infant. Their electronic baby book is a text message based instead of the more conventional baby book. The firm sends queries, parents record responses in the private baby books. Inventor of the Qeepsake app and father of five Jeff McNeil and his family lived in Auburndale, Massachusetts.
He studied design in college and later founded and managed his software design firm for ten years. As time went on, Jeff became disinterested in continuing with that plan. He mentioned longing for a return to his family’s homeland. Jeff was aware that there were numerous minor and major occurrences involving his kids that he sometimes failed to notice or record. For the sake of himself and his other parents, he wanted to apply his technical expertise to the problem.
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Competitors Of Qeepsake
Qeepsake’s main rivals are Lifecake, Tinybeans, and 23Snaps.
Qeepsake Net Worth
During the presentation, the company’s value was evaluated at $3.5 million; by 2021, that number is expected to increase to $5 million.
Who Is The Founder Of Qeepsake?
Creator of Qeepsake and proud papa of five Jeff McNeil and his family of five lived in Auburndale, Massachusetts. Stephanie was his wife. He studied design in college and later founded and managed his software design firm for ten years. As time went on, Jeff became disinterested in continuing with that plan. He mentioned longing for a return to his family’s homeland.
Jeff was aware that there were numerous minor and major occurrences involving his kids that he sometimes failed to notice or record. For the sake of himself and his other parents, he wanted to apply his technical expertise to the problem. Jeff had two developers begin work on the idea with a specification in place in two days after he had the inspiration.
The platform was developed by web designer and developer Jeff McNeil. The year after he graduated from Hampshire College, he began working as a web designer. He co-founded the company with Stephanie, a nurse. In Jeff McNeil’s case, he has five kids, so he has a lot more going on than the average parent who would like to make a baby diary.
Some of my Valentine’s Day cuties! #Qeepsake #Isabella #Trenton #LilKit https://t.co/3XhOvm45TB
— Hope4EpicLife (@Hope4EpicLife) February 15, 2023
Qeepsake takes advantage of the popularity of texting to simplify the process of keeping a diary. It will send you a pair of questions about your child’s development every day. Simply by answering the questions and adding an image, Qeepsake AI creates a fully editable digital notebook. When the time is right, they can print out a book on the subject.
One subscription plan sends out two questions each day and costs $40 per year, while the other sends out four questions per day and costs $90 per year. In addition, no prompting of any kind is required of the users. Parents may use the platform to send an image and message when their child accomplishes a significant milestone, such as when they lose their first tooth.
What Happened To Qeepsake At Shark Tank pitch?
After creating the products, Jeff McNeil approaches the investors on Shark Tank to ask for funding to bring them to market. When Jeff McNeil pitches his $3.5 million company to the Sharks, he’s trying to raise $350,000 in exchange for a 10% stake. He details the processes involved and then makes books to illustrate the Sharks. The printed journals are available for $29.99 to $44.99 per volume, depending on their length. Here you can follow it on Twitter, Let’s check below,
Parents, the privilege and burden of preserving our kids’ #memories can be overwhelming. Luckily there are ways to eliminate stress and keep track of those precious photos. @qeepsake @dcwglobal @Dropbox @googlephotos @1SecondEveryday @DrYaldaUhls @PopSci https://t.co/uoqc5U1IUZ
— Alexandra Frost (@alexfrostwrites) May 12, 2022
In a similar vein, they have only sold four books so far; it’s more of a hobby for them at this point, but they hope to expand into this market in the future. They’ve made $250,000 in revenue in just four months, and they have over 40,000 active users. Barbara has decided to leave the company since she feels she can no longer be of service to its growth.
Kevin, meanwhile, proposes a deal in which he will invest $350,000 for a 20% stake in the company for a total of $1.75 million. After considering the potential for several imitators once Qeepsake becomes popular, Mark has decided to bow out. Lori has second thoughts about being Jeff’s wife, thus she’s not interested. When Kevin offers Jeff McNeil $350,000 for a 12% stake in his business, Jeff returns with an offer of $450,000 for a 20% stake.
When Chris offers $350,000 for 20% equity, Jeff McNeil responds by offering 14%. As soon as Kevin feels insulted, he walks away from the agreement. Chris won’t sell his 20% ownership and Jeff isn’t interested in buying it. After much unsuccessful negotiating, Jeff McNeil exited the pitch.
What Happened to Qeepsake After Shark Tank?
The company is successful despite not getting a deal on Shark Tank. Qeepsake attracted over 100,000 users and raised $900,000 shortly after going live. As an added convenience, the company has developed an app for mobile devices.
After investing in June 2021, Punchbowl CEO and founder Matt Douglas were also appointed to the Qeepsake Board of Directors. Currently, the company’s annual revenue is about $2 million.
Final Lines
To solve problems in today’s society, one needs cutting-edge methods that are also incredibly simple to implement. Qeepsake is an essential app to download and subscribe to if you are a creative parent who enjoys using technology to solve problems and wants to make baby journaling very easy and fun.
You may start creating a priceless heirloom that contains all the precious moments from your pregnancy and your child’s early years by downloading it on your mobile or smart device, selecting a subscription plan, and getting to work.
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