Totes Babies Shark Tank Update

Totes Babies Shark Tank Pitch

Lindsey Fleischhauer and Stanley Valiulis appeared on Shark Tank Season 12, Episode 17, which aired on March 11, 2021, with shopping cart car seat carrier for babies and toddlers.

Totes Babies is listed in the Children category. In plain terms, the business is described as shopping cart car seat carrier for babies and toddlers.

Totes Babies asked the Sharks for $100,000 for 10%, implying a valuation of about $1 million.

On the show, Totes Babies made a listed deal with Lori Greiner for $100,000 for 25%.

If treated as straight equity, the listed deal works out to about $400,000 implied valuation, down from the original $1 million implied valuation.

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

Totes Babies After Shark Tank

Totes Babies accepted Lori Greiner's on-air offer for $100,000 for 25%. Early follow-up coverage did not clearly verify the closing of the deal, so the safer reading is that the televised deal was not publicly confirmed. (Totes Babies Shark Tank Update

The business kept selling after the episode and was reported on Amazon and in buybuy Baby stores. Later update coverage continued to describe Totes Babies as active. (Totes Babies Shark Tank Update

The current site still presents Totes Babies as a stroller and car-seat convenience brand, so the useful post-show story is continued operation even though the investment-close details are murky. (Totes Babies website

Sources

Sources used for this page: Shark Tank API pitches