Shark Tank Update
Shark Tank Pitch
Lugless Shark Tank Update
Published:
2m
New York, NY
| Name | LugLess |
|---|---|
| Main Presenters | Brian Altomare |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 10/31/2022 |
| Main Location | New York, NY Loading Map |
| Order Shown in Episode | 2 |
| Final Deal | All Sharks went Out |
LugLess Shark Tank Pitch
Brian Altomare identified that people were tired of paying high luggage fees, airlines losing their luggage, and TSA searching through their bags. LugLess picks up a user's luggage from their home, office, or hotel and delivers it to wherever that customer is going.
In its ten-month life, Lugless has done $215k in revenue with about $70k in profit. Brian argues that he is not aiming towards being a premium concierge service but rather a budget service for the mass market. Brian might partner with another company to operate kiosk locations in airports.
The sharks believe goliath competitors like airlines and FedEx will wipe out LugLess' margins because LugLess has no proprietary advantage. All sharks go out.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $100k for 10% of company | |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Kevin O'Leary | Out |
| Sharks | Out | Daymond John | Out |
| Sharks | Out | Lori Greiner | Out |
| Sharks | Out | Mark Cuban | Out |
Mark Cuban
Out
Daymond John
Out
Kevin O'Leary
Out
Lori Greiner
Out
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
LugLess After Shark Tank
According to Brian Altomare's LinkedIn https://www.linkedin.com/in/brianaltomare, Brian created several shipping companies since 2009, such as BoxMyDorm, Ship2School, MadTravelers, and LugLess. LugLess got 50k visitors to their website on Shark Tank night.Link Preview
LinkedIn
In 2020 Brian went on the Safe Travels https://podcasts.apple.com/us/podcast/24-shark-tank-lessons-slashing-time-at-the-airport/id1501597919?i=1000475956071 where he spoke about starting in the college shipping space but because it was seasonal he branched into the travel space, which showed signs of larger growth. While failing on Shark Tank was initially discouraging, Brian received positive feedback and new customers in response.Link Preview
Safe Travels
According to prnewswire.com https://www.prnewswire.com/news-releases/brilliant-luggage-delivery-service-lugless-acquired-by-luggage-forward-300006200.html https://www.luggageforward.com, in 2014 LugLess got acquired by a shipping logistics company, Luggage Forward whose website is luggageforward.com Link Preview
prnewswire.com .Link Preview
luggageforward.com
Brian worked and learned from a few different companies after Lugless got acquired in 2014 and in 2018 returned to Lugless to propel LugLess to new stages. As of 2022, Brian is still at LugLess, which appears to be operating successfully at lugless.com https://www.lugless.com https://www.facebook.com/LugLess https://x.com/lugless. LugLess is active on Facebook Link Preview
lugless.com and @lugless Link Preview
Facebook .Link Preview
@lugless
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