Pavlok is an American tech company with an estimated worth of $3 million. Smoking and nail-biting are both terrible habits, no matter how minor they appear. Pavlok is a smart bracelet that is designed to help you avoid these unhealthy habits.
Continue reading to learn more about the software company. Furthermore, there are other details that most people find interesting, such as yearly income, ownership, a brief history of the organization, and many more. Let’s find out what’s going on.
How Much Money Does Pavlok Make a Year?
Pavlok’s popularity has earned it a large sum of money as of this writing. Before 2021, the company’s revenue was no more than $50,000.
In 2021, the company earned $375,000, though. If you ask me, it’s fairly large. There’s more to it than that.
We may presume that the corporation has made a good deal of money through the internet and social media platforms by performing simple calculations. From here, it earns roughly $50,000.
The startup tried out for Shark Tank but was unsuccessful. However, the brand has a large fan base because Pavlok is a smart wristband that assists an individual in breaking unhealthy behaviors.
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How Much Money Does Pavlok Make from Selling Products?
Pavlok’s annual income was briefly covered earlier. It’s time to find out how much money Pavlok gets from product sales.
Pavlok has his website. From here, the majority of the wristbands are sold for $14. They used to grow far faster than anyone imagined here.
The company decided to work with Shark Tank. However, things did not proceed as planned. However, they have made a massive sale of their own.
The Pavlok firm claims to have satisfied over a hundred thousand consumers by assisting them with their daily duties. They get too much trust from here, just like other companies. It is still expanding daily.
If they satisfied 100 thousand customers, then the company would make around $1.4 million from here. So, it is a massive earning for the company.
How Many Products Does Pavlok Have?
According to the Pavlok website, the company produces three types of wristbands. Among these, the Pavlok 3’s price is a little bit higher than other products.
All the names and prices have been given below to understand better:
Name of the Product | Amount |
Shock Clock | $149 |
Pavlok 3 Pro | $219 |
Pavlok 2 | $149 |
Who are the Rivals Companies of Pavlok?
Like Pavlok, several other companies are rivals to this software company. They are – Neurable, Koko, and LEAF. The total funding amount of Pavlok is no more than 200 thousand dollars.
But its rival companies’ funding is way too much. Neurable company’s funding is about 9.3 million dollars.
How Does Pavlok Earn Money?
Pavlok makes the most of its money from its production items. Furthermore, they have a large number of admirers and followers on the internet and social media platforms to cheer them on.
Being active on social media is a fantastic way to make a lot of money. People will buy a smart bracelet if they understand how to use it. Of course, this is a market strategy.
The company has an official app for iOS, the App Store, and Android. As a result, they can reach people more quickly in this manner.
The bracelet functions similarly to a meditation gadget in that it assists individuals in breaking harmful behaviors. Many people, even the younger generations, can benefit from it.
Pavlok can earn a lot of money by interacting with people and helping them. However, there are other rivals too. So, it will not be that easy to make it.
Pavlok at a Glance:
Company Name | Pavlok |
Company Owner | Maneesh Sethi |
Headquarter | Boston Massachusetts, United States of America |
Number of Employees | 15 |
Main Production | Smart Wristband |
Primary Slogan | Change your habits and life with Pavlok |
Net Worth | $3 million |
Who is the Founder of Pavlok?
Maneesh Sethi is the founder of Pavlok who has an estimated net worth of $9 million, thanks to his business venture. A while back, he pitched on Shark Tank for investors. But he did not make a deal out of it.
Maneesh Sethi is not only a businessman but also a job holder. He works as an Editor-of-chief in a company called Hack the System.
Is Pavlok Still in Business?
Maneesh Sethi created Pavlok in 2013. At first, it was not so easy to interact. But nowadays, it is possible to help people with a simple application. In 2021, the revenue was more than $300 thousand.
But currently, the revenue has been increased to $375 thousand. And it is still going on.