The Beebo Shark Tank Update

The Beebo Shark Tank Pitch

Martin Hill appeared on Shark Tank Season 7, Episode 1, which aired on September 25, 2015, with over-the-shoulder baby bottle holder for easier feeding.

The Beebo is listed in the Children category. In plain terms, the business is described as over-the-shoulder baby bottle holder for easier feeding.

The Beebo asked the Sharks for $200,000 for 20%, implying a valuation of about $1 million.

On the show, The Beebo made a listed deal with Lori Greiner for $200,000 for 30%.

If treated as straight equity, the listed deal works out to about $666,666.667 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.

The Beebo After Shark Tank

The Beebo accepted an on-air Shark Tank deal for $200,000 for 30%. The on-air deal did not close. Follow-up reporting lists the company as in business. (Beebo Shark Tank Update

The Beebo reported annual revenue of $5 million as of October, 2022. (Beebo Shark Tank Update

The company is also in buybuyBaby stores and dozens of independent and smaller baby store chains. (Beebo Shark Tank Update

The official website for The Beebo is listed as www.thebeebo.com. (The Beebo website

Sources

Sources used for this page: Shark Tank API pitches