Shark Tank Update
Shark Tank Pitch
Monkey Mat Shark Tank Update
Published:
3m
Austin, TX
| Name | Monkey Mat |
|---|---|
| Main Presenters | Christie Barany and Courtney Turich |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 1/1/2019 |
| Main Location | Austin, TX Loading Map |
| Order Shown in Episode | 2 |
| Final Deal | Deal was made on the show with sharks Mark Cuban, Lori Greiner for $100k for 35% of company. |
Monkey Mat Shark Tank Pitch
Christie Barany was at the airport with her kids for a 6-hour layover, and the kids were crawling all over what Christie described as dirty, disgusting floors. Christie could not find a travel-friendly mat for their kids to play on, so she teamed up with her longtime friend, Courtney Turich, to create Monkey Mat. Monkey Mat is an attachable pouch with a soft, water-repellant mat inside. Monkey Mat can also be used at the beach, concerts, and other applications.
Monkey Mat has $60k of sales in its first year of business, selling on its website and 50 retail or online stores. Monkey Mat costs the consumer $40, and costs Christie and Courtney $13 to produce in China.
The sharks see Monkey Mat overpriced for the mass market and compare their vision to the portable emergency-use umbrella. Christie and Courtney don't want to lessen the quality. Lori believes she can get the price down and teams up with Mark on an offer very near what Christie and Courtney asked for, which they accept.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $100k for 30% of company | |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Kevin O'Leary | Out |
| Sharks | Out | Barbara Corcoran | Out |
| Sharks | Deal | Mark Cuban, Lori Greiner | $100k for 35% of company |
Mark Cuban
Made Deal
Barbara Corcoran
Out
Kevin O'Leary
Out
Lori Greiner
Made Deal
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Monkey Mat After Shark Tank
According to tencapital.group https://tencapital.group/courtney-turich-and-christie-barany-describe-using-shark-tank-to-help-launch-monkey-mat, Christie Barany and Courtney Turich met while working at a medical device company in Michigan. They did around $80k in sales in the two weeks following Shark Tank. Sales and interest in Monkey Mat faded after the initial boost. Lori got Christie and Courtney on the show "The View" to help promote Monkey Mat. Monkey Mat got into several retail stores. Christie and Courtney were working on releasing a similar product, Fur-eez, to target pet owners.Link Preview
tencapital.group
In 2015, Monkey Mat launched a Kickstarter https://www.kickstarter.com/projects/1444603699/quilted-monkey-mat-compact-carry-for-luxurious-lou for an updated version of the Monkey Mat, which did $29k in preorders of their $10k goal. Link Preview
Kickstarter
Courtney Turich went on the The Medical Sales Podcast https://podcasts.apple.com/us/podcast/life-outside-the-comfort-zone-with-shark-tank/id1514889839?i=1000553411966 in 2022. Courtney said Mark Cuban was indispensable because he gave her and Christie Barany access to his team. Running Monkey Mat became very logistical because they had their products made in China and had to deal with shipping centers and big box retailers. This was not Courtney's strong suit or passion. In 2017 Courtney decided to leave and sold her shares.Link Preview
The Medical Sales Podcast
Monkey Mat's website was last active in 2021. Their Instagram, @monkeymatmama https://www.instagram.com/monkeymatmama https://x.com/MonkeyMatMama https://www.facebook.com/MonkeyMat https://www.linkedin.com/in/christie-barany-7299346 https://www.linkedin.com/in/courtneyturich1, Twitter, @MonkeyMatMama Link Preview
@monkeymatmama , and Facebook Link Preview
@MonkeyMatMama haven't posted since 2019 as of 2023. Christie Barany's LinkedIn Link Preview
Facebook is not up to date as of 2023, but Courtney Turich's LinkedIn Link Preview
LinkedIn says Monkey Mat did $4 million in total revenue. After leaving Monkey Mat, Courtney returned to medical sales and has tried and may still be running a medical sales coaching business as of 2023.Link Preview
LinkedIn
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