Hug Sleep: What Happened After $300,000 Mark Cuban, Lori Greiner Shark Tank Deal
On Season 12 of
Angie Kupper from Milwaukee, Wisconsin pitched their adult swaddle product,
Hug Sleep. The lightweight, machine washable “giant compression sock for your entire body” is design to simulate the relaxing feeling of being hugged.
Robert Herjavec in a Hug Sleep on Shark Tank (ABC)
Matt and Angie went into the Tank seeking an investment of
$150,000 in exchange for 10 percent equity.
Although
Robert Herjavec was the Shark to enthusiastically demonstrate Hug Sleep on Shark Tank as seen in the photo above, Matt and Angie left with a deal with billionaire
What are Suds2Go sales?
While presenting their product, the couple said that they have been selling it on their website since February 2021. Gabe Trevizo then said that their total sales were 392,000. Shedding light on their background, Gabe said he lost his job and Cindy then took up a teaching job. In between, the pair did several odd jobs to support their family. While Cindy worked as a waitress, Gabe did everything he could to earn money, even picking up trash.
The two then explained how they started the business with $80,000 from their savings account and the Kickstarter campaign. They managed to collect $90,000 as savings but they also had a personal loan of about $150,000. The couple, who are parents to four kids, said they were seeking $200,000 for a 10% stake in their company.
On Season 12 Episode 21, an entrepreneur from Foster City, California, is thirsty for a good deal after presenting his high-tech, self-cleaning water bottle
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Explainers
Truffle Shuffle on Shark Tank: Here’s what makes this cooking experience special and where you can buy a kit
Fri Apr 16, 2021 at 6:00pm ET
Truffle Shuffle creates meals based on truffles for kits and virtual cooking classes. Pic credit: ABC
There’s a lot of buzz surrounding Truffle Shuffle on Shark Tank. People can’t stop asking what makes the cooking experience special and where you can buy it.
Truffle Shuffle was created by chefs Tyler Vorce and husband and wife duo Jason and Sarah McKinney while working in Michelin star The French Laundry in Napa Valley. The three of them shared a love of truffles.
Suds2Go: Portable handwashing system and handwashing bottle caps.
Salad Sling: Vegetable drying device where you put your vegetables in the device, gather the deviceâs handles, and spin the device around like a lasso, using the air pressure to remove the water that comes from washing the veggies.
Larq: Self-cleaning water bottle that purifies water on the go.
Jill Visit pitches her product Salad Sling (ABC)
What is the âShark Tankâ update?
In a âShark Tankâ update, Season 11 entrepreneurs Rachel Connors and Joe Denim update us on their San Francisco, California-based, artisan hammock company with a social mission. Yellow Leaf Hammocks has flipped its traditional business model upside down in order to go directly to consumers during the global pandemic with some help from their investor Daniel Lubetzky.