Beulr Net Worth Shark Tank Update 2025

In today’s world, many of us have experienced the frustration of long video meetings that could have been easily replaced by a simple email. It’s hard to stay focused, and many people end up getting distracted or trying to do multiple things at once instead of paying attention. Peter Solimine, a software developer, recognized this common problem and created a solution called Beulr. 

Beulr is a smart bot that can join Zoom meetings for you, allowing you to avoid these tedious gatherings. It logs into your Zoom account and can even show a video of you, making it look like you’re present and engaged. The goal is straightforward: to help people escape unproductive meetings and reclaim their valuable time.

Peter took his idea to Shark Tank, seeking $150,000 in exchange for a 20% ownership of Beulr. By then, he had already gained 92,000 users without spending much on advertising, which showed that there was interest in his product. However, the Sharks had reservations.

They raised important questions about the ethics of using such a tool, how practical it would be in the long run, and whether it could generate consistent income. After discussing these concerns, they ultimately decided not to invest, leading to no deal being made.

Beulr Net Worth Shark Tank Update 2025

Peter was looking for an investment of $150k in exchange for 20% equity in the company. At the time of the episode, he valued his company at $750k. Peter did not get a deal with any of the Sharks, so there was no change in the company’s net worth. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of Beulr is around $1 million.

Shark(s) name	Offer & Demand	Counteroffer	Accepted?
Robert Herjavec	Out	N/A	N/A
Lori Greiner	Out	N/A	N/A
Kevin O’Leary	Out	N/A	N/A
Daymond John	Out	N/A	N/A
Mark Cuban	Out	N/A	N/A

Peter Solimine Backstory + Their Initial Pitch 

Peter Solimine, a college student, was fed up with online classes that felt unproductive. As a software developer, he decided to create a tool to automate his attendance in these classes. He built a bot called Beulr that could log into Zoom meetings for him and even use a video loop to make it seem like he was actively participating.

Initially, Beulr was intended for his personal use, but when his friends showed interest, he realized there was a demand for it. He decided to launch it publicly, charging users $6.99 per month. With only $300 spent on promoting the service, he attracted 92,000 users, indicating that many people were looking for an easy way to handle their Zoom fatigue.

In a presentation, Peter explained how Beulr operates:

– Users connect it to their Zoom accounts.

– They can schedule the bot to join meetings automatically.

– It records the meetings and provides transcripts afterwards.

– There’s also an option to upload a video loop, giving the illusion of engagement.

He was seeking an investment of $150,000 for a 20% share of the company, which would value Beulr at $750,000. While he acknowledged that making money wasn’t a priority at this stage. He was more focused on growing the user base. Sharks had reservations about the business model.

Queries + Shark’s Responses, and Final Deal

Lori felt uncomfortable with Beulr, believing it to be dishonest because it encourages people to skip communication. She was worried that companies might prohibit its use once they became aware of its purpose. Ultimately, she decided not to invest.

Kevin had legal concerns. He questioned whether Beulr could be used in situations like court-mandated meetings, potentially leading to legal issues. He also noted that the platform (Zoom) could shut down Beulr at any time, making it unreliable. Therefore, he chose not to invest.

Daymond found the product amusing, calling it a clever tool to skip school (the “ultimate hooky tool”). However, he shared Lori’s belief that avoiding communication could be harmful in the long run, emphasizing the importance of interpersonal communication. He decided to pass on the investment as well.

Robert was very critical, stating that Beulr didn’t qualify as a real business. He pointed out that it lacked a sustainable revenue model and suggested that the concept was about avoiding work instead of building something substantial. His blunt remarks surprised Peter, the creator of Beulr.

Mark focused on the profitability of the product. Peter admitted he hadn’t seriously considered how to make money with Beulr, prompting Mark to highlight the lack of understanding regarding the costs associated with the technology. He ultimately decided not to invest due to the unclear path to profitability.

All the investors decided against investing in Beulr. Peter left without making a deal. 

What Went Wrong With Beulr On Shark Tank?

The Sharks decided not to invest in a project because of some major worries. Some Sharks felt that skipping meetings and relying on bots seemed dishonest and could damage trust. There was a risk that using automated tools for mandatory meetings could lead to legal problems, possibly resulting in lawsuits.

The project didn’t have a clear plan for how it would make money in the long term, which made it seem less viable. The Sharks were concerned that the video conferencing platform (Zoom) could decide to block the project (Beulr) at any time, which would put the entire business at risk.

Additionally, Peter’s approach of prioritizing growth over immediate profits didn’t appeal to the Sharks. They were looking for a business that could grow significantly while also being financially solid, not just a clever idea or tool.

Product Availability

Beulr is a service that helps users manage their online meetings more efficiently. You can subscribe to Beulr for $11.99 per month directly through their official website. This price went up after being featured on ‘Shark Tank. Beulr is only available online and is not sold in physical stores.

Beulr has added compatibility with Google Meet, so it’s not just limited to Zoom anymore.  It has improved its AI transcription capabilities, making it more accurate in transcribing meetings. There are now more customization options, letting users tailor their experience according to their needs.

What Happened To The Beulr After Shark Tank?

Beulr, an app or service, has gained popularity and now has more than 100,000 users—an increase from 92,000 at the time of a recent pitch. Beulr has more than 6,000 followers on platforms like TikTok and Instagram. They’ve also made viral videos that demonstrate how their service works, helping to attract more attention.

Beulr is facing some difficulties. They haven’t secured any major funding since appearing on Shark Tank. The team is still small, indicating they might not be growing quickly. Recent job postings for developers suggest they may be expanding slowly. They haven’t reported any revenue, which suggests they are likely not making a lot of money yet.

Despite these challenges, the founder, Peter, remains determined. Beulr is still active and continues to release updates. However, without support from the investors on Shark Tank, their growth is not as fast as they had hoped.

Conclusion 

Peter Solimine created Beulr as a fun and creative way to help people who were getting tired of using Zoom for meetings. When he presented it to investors known as the Sharks, they recognized it had potential but were concerned about ethical issues, legal matters, and whether it could make money. Since they didn’t strike a deal, Beulr had to find its way without their support.

As of now, Beulr is still active and has over 100,000 users, and it continues to introduce new features. However, it hasn’t become widely popular or a major success. Currently, Beulr is mostly used by a specific group of people who are willing to try automating their meetings.