Shark Tank Pitch

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SlumberPod Shark Tank Update

2m

Children

Pitch Overview
NameSlumberPod
Main PresentersKaty Mallory, Lou Childs
Order Shown in Episode1
Final DealDeal was made on the show with sharks Barbara Corcoran for $400,000 for 20%.

SlumberPod Shark Tank Pitch

Katy Mallory and Lou Childs appeared on Shark Tank Season 11, Episode 10, which aired on January 4, 2020, with portable mini blackout pod for babies and toddlers.

SlumberPod is listed in the Children category. In plain terms, the business is described as portable mini blackout pod for babies and toddlers.

SlumberPod asked the Sharks for $400,000 for 20%, implying a valuation of about $2 million.

On the show, SlumberPod made a listed deal with Barbara Corcoran for $400,000 for 20%.

If treated as straight equity, the listed deal works out to about $2 million implied valuation, roughly the same implied valuation as the ask.

This pitch is included as context for the more important question: what happened after Shark Tank.

Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$400,000 for 20%
SharksDealBarbara Corcoran$400,000 for 20%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

SlumberPod After Shark Tank

SlumberPod accepted an on-air Shark Tank deal for $400,000 for 20%, but follow-up reporting says the deal did not close after filming. (SlumberPod Shark Tank Update ).
Update sources put SlumberPod annual revenue around $5 million. (SlumberPod Shark Tank Update ).
The company is also exploring getting into more retail stores and expanding their Amazon sales. (SlumberPod Shark Tank Update ).
The company has racked up sales of over 20,000 units and plans on developing new products in the future. (SlumberPod Shark Tank Update ).
The current brand site points customers to www.slumberpod.com. (SlumberPod website ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com , slumberpod.com .

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