Did The Bundil App Survive After Shark Tank? Here’s What Happened After Season 10

Bundil Crypto App from Shark Tank Season 10: What Happened After the Show?

In 2018, Season 10 of the hit TV show Shark Tank featured an innovative app designed to make investing accessible to everyone. Called Bundil, the app was pitched by entrepreneur Dmitri Love, who aimed to simplify cryptocurrency investing for beginners. The concept was simple yet brilliant: Bundil would round up spare change from everyday purchases and automatically invest it into cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. For instance, if you spent $17.50 on a shirt, the app would invest the remaining $0.50 into crypto.

At the time of its Shark Tank appearance, Bundil had already been live for 60 days. Love was charging users $3 per month to use the app and was seeking a $100,000 investment in exchange for a 10% stake in the company. While the Sharks were intrigued by the idea, they had reservations. Some questioned the competitive landscape, as there were already numerous savings and investing apps on the market. Others were skeptical about focusing on cryptocurrency, which was still a relatively new and volatile market.

Despite the mixed reactions, Kevin O’Leary, one of the Sharks, saw potential in the app. He offered $100,000 for a 50% stake in the company, a deal that Love accepted on the spot. However, as is often the case with Shark Tank deals, the agreement didn’t close after the show due to the due diligence period. Still, Love continued to operate Bundil for several years, even as the app faced challenges in a crowded market.

By 2023, Bundil was no longer available for download on the Apple App Store or Google Play Store, and its social media presence had gone silent. The app’s website remains active, but it’s clear that the business has shut down. While the reasons for Bundil’s closure remain unclear, it’s a reminder of how difficult it can be for startups to sustain themselves in the fast-paced world of fintech.

Dmitri Love’s Next Venture: Peas Technology

Although Bundil is no longer operational, Dmitri Love hasn’t left the tech and finance space. In 2024, he co-founded Peas Technology with Max Stiling. Their new venture, Peas, is an AI-powered banking solution designed to help couples manage their finances together. The app focuses on budgeting, saving money, and paying bills as a team, making it a natural evolution from Love’s previous work with Bundil.

Peas is currently available on the iOS App Store for free and has received a 5-star rating from users, though it only has seven reviews so far. The app’s website is active, and it’s clear that Love is committed to helping people take control of their financial lives through innovative technology.

Lessons from Bundil’s Journey

Bundil’s story is a testament to the resilience of entrepreneurs. Even though the app didn’t secure a long-term deal on Shark Tank and eventually shut down, Love was able to pivot and create something new. His journey also highlights the challenges of building a successful fintech app, especially in the competitive and ever-changing world of cryptocurrency.

Interestingly, Bundil wasn’t the only financial app from Shark Tank Season 10 to face difficulties. The Spare mobile ATM app also received a deal that never closed after the episode. These stories underscore the fact that even with exposure on a popular TV show, success in the tech and finance industries requires more than just a good idea—it takes adaptability, perseverance, and a willingness to evolve.

Final Thoughts

While Bundil may no longer be around, its legacy lives on through Dmitri Love’s continued work in fintech. From cryptocurrency investing to AI-powered banking solutions, Love’s journey is a reminder that failure is often just a stepping stone to something greater. For aspiring entrepreneurs, Bundil’s story is both a cautionary tale and an inspiration to keep pushing forward, no matter the obstacles.

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