The Original Comfy Shark Tank Update

The Original Comfy Shark Tank Pitch

Brian Speciale and Michael Speciale appeared on Shark Tank Season 9, Episode 13, which aired on December 2, 2017, with the original sweater blanket.

The Original Comfy is listed in the Clothing Fashion category. In plain terms, the business is described as the original sweater blanket.

The Original Comfy asked the Sharks for $50,000 for 20%, implying a valuation of about $250,000.

On the show, The Original Comfy made a listed deal with Barbara Corcoran for $50,000 for 30%.

If treated as straight equity, the listed deal works out to about $166,666.667 implied valuation, down from the original $250,000 implied valuation.

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

The Original Comfy After Shark Tank

The Original Comfy accepted Barbara Corcoran’s on-air deal for $50,000 for 30% equity. (The Original Comfy Shark Tank Blog update

The oversized wearable blanket became one of Season 9’s clearest consumer-product winners, with follow-up reporting citing about $20 million in sales during the early Shark Tank growth period. (The Original Comfy Shark Tank Blog update

The company expanded through QVC, licensing deals, colleges, Disney, Marvel and other branded versions. (The Original Comfy Shark Tank Blog update

In November 2023, The Comfy announced a co-branded design with clean beauty brand Tower 28, showing the product was still being actively merchandised years after the pitch. (The Original Comfy Shark Tank Blog update

Sources

Sources used for this page: Shark Tank API pitches