Shark Tank Update
Shark Tank Pitch
Coverplay Shark Tank Update
Published:
1m
Los Angeles, CA
| Name | Coverplay |
|---|---|
| Main Presenters | Amy Feldman and Allison Costa |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 7/31/2022 |
| Main Location | Los Angeles, CA Loading Map |
| Order Shown in Episode | 5 |
| Final Deal | Offer made from sharks |
Coverplay Shark Tank Pitch
A "Play yard" translates to a 2' by 4' baby jail while you do other stuff. When babies go into the play yard, it gets messy. Amy Feldman and Allison Costa created a slip-cover called Coverplay, which can quickly be taken off and cleaned, and more importantly, they have a patent on the concept.
Amy and Allison target consumers through retail chains such as Target and Carnival Cruise Lines and by selling to businesses like hotels.
Amy and Allison have each put $50k in 1 year ago and did $200k in revenue this year. After miscommunication about the patent not being included in the deal, the sharks had to clarify that their deals included the patent.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $350k for 15% of company | |
| Sharks | Out | Kevin Harrington | Out |
| Sharks | Deal | Barbara Corcoran | $350k for 40% of company |
| Sharks | Offered | Daymond John | $350k for 65% of company |
| Sharks | Offered | Robert Herjavec, Daymond John | $450k for 65% of company |
| Sharks | Offered | Robert Herjavec, Daymond John | $500k for 65% of company |
| Sharks | Offered | Kevin O'Leary, Daymond John, Robert Herjavec | $350k for 51% of company |
Kevin Harrington
Out
Daymond John
Offered
Kevin O'Leary
Offered
Barbara Corcoran
Made Deal
Robert Herjavec
Offered
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| 1 | 8 |
Coverplay After Shark Tank
In season 1, episode 8, we got an update that Coverplay would soon be in Babies R Us. They were getting more orders than they could ever imagine and were thrilled about their deal with Barbara.
Coverplay is doing $ 1 million a year in revenue in 2022. Allison Costa left Coverplay in 2013 to do interior design at All Global Interiors. Amy Feldman is still the CEO of Coverplay.
Coverplay is available on their website, coverplayard.com https://www.coverplayard.com.Link Preview
coverplayard.com
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