Junobie Shark Tank Update

Junobie Shark Tank Pitch

Nikeytha “Nickey” Ramsey appeared on Shark Tank Season 13, Episode 14, which aired on February 24, 2022, with Reusable breast milk storage bags.

Junobie is listed in the Lifestyle Home category. In plain terms, the business is described as Reusable breast milk storage bags.

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

On the show, Junobie made a listed deal for $100,000 for 22.5%.

If treated as straight equity, the listed deal works out to about $444,444.444 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.

Junobie After Shark Tank

Junobie accepted an on-air offer, giving the reusable breast-milk storage brand a Shark Tank partner for a product aimed at nursing parents. (Junobie Shark Tank Update

By June 2022, follow-up coverage put Junobie around $1 million in annual revenue. (Junobie Shark Tank Update

By February 2023, Junobie had expanded the line with milk warming cups, milk boxes, trays, jars, and snack stash bags. (Junobie Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches