Did Slumberpod successfully secure a deal on Shark Tank Season 11? Yes, Slumberpod successfully secured a deal with Barbara Corcoran on Shark Tank Season 11. They initially asked for $400,000 for 20% equity and ultimately accepted Barbara’s offer of $400,000 for 20% equity.

Slumberpod Shark Tank Update | Shark Tank Season 11

What is Slumberpod?

Slumberpod is a portable, breathable blackout tent designed to help babies and toddlers sleep soundly while traveling or in any environment where a separate, dark room isn’t available.

Think of it as a mini, portable nursery that fits over a pack and play, mini crib, or travel cot. It blocks out light and distractions, creating a familiar sleep space for little ones no matter where they are.

The Need for Slumberpod

Any parent who has attempted to share a hotel room with a baby knows the struggle. Trying to enjoy a vacation while ensuring your little one sleeps in an unfamiliar environment can be challenging.

Room sharing often means tiptoeing around in the dark and sacrificing your own sleep.

Slumberpod was born out of this common parental frustration, offering a solution for families who want to travel and enjoy their time together without sacrificing everyone’s sleep.

Slumberpod on Shark Tank Season 11

1. The Pitch

Entrepreneurs	Lou Childs and Katy Mallory (mother-daughter duo)
Business	Slumberpod
Ask	$400,000 for 20% equity
Deal	$400,000 for 20% equity
Sharks	Barbara Corcoran
Season	Season 11
Original Air Date	January 5, 2020
Website	Slumberpod
Key Points of Pitch	Addressed a common pain point for parents Demonstrated strong sales figures Showcased a unique and innovative product Highlighted the product’s portability and ease of use
Why Sharks Accepted	Large and relatable target market Impressive sales traction and potential for growth Believability and passion of the entrepreneurs Product filled a gap in the market

2. The Deal

Lou and Katy entered the Tank seeking $400,000 for 20% equity in their company.

After fielding questions and offers from several Sharks, they ultimately accepted Barbara Corcoran’s offer, which matched their initial ask.

3. Why Barbara Corcoran Invested

Barbara Corcoran, known for her savvy investments in relatable products, recognized the widespread appeal of Slumberpod.

She was impressed by the founders’ passion, the product’s unique solution to a common problem, and the company’s strong sales figures.

Barbara saw the potential for Slumberpod to become a household name among parents.

Slumberpod After Shark Tank

Slumberpod’s appearance on Shark Tank served as a significant catalyst for the company’s growth and success. The national exposure and Barbara Corcoran’s investment helped propel the brand to new heights.

1. Sales Growth

Following their Shark Tank episode, Slumberpod experienced a dramatic surge in sales. Their website traffic skyrocketed, and they quickly sold out of their inventory.

This “Shark Tank effect” provided a massive boost to their revenue and brand recognition. While exact figures are not publicly available, the company has reported significant growth in the years since their appearance.

2. Company Valuation

Although the exact current valuation of Slumberpod is not publicly disclosed, it’s safe to assume that the company’s value has increased considerably since their Shark Tank appearance in 2020.

The significant sales growth, product expansion, and brand recognition fueled by the show have likely contributed to a much higher valuation today.

3. Product Development and Expansion

Since appearing on Shark Tank, Slumberpod has continued to innovate and expand its product line.

They’ve introduced new colors and patterns for the Slumberpod, as well as accessories like a fan and a sound machine designed to enhance the sleep environment within the pod.

They have also focused on improving the product’s design and functionality based on customer feedback.

This commitment to product development has allowed Slumberpod to maintain its position as a leader in the portable sleep solution market.

Benefits of Slumberpod

Slumberpod offers a range of benefits for both babies and toddlers, as well as their parents. It’s designed to make sleep easier and more comfortable for everyone, whether at home or on the go.

1. For Babies and Toddlers

• Improved Sleep Quality: By blocking out light and distractions, Slumberpod creates a dark, quiet, and cozy sleep environment that promotes deeper and longer sleep for little ones. This can be especially helpful for babies and toddlers who are easily stimulated or wake up frequently during the night.
• Familiar Sleep Space: Whether at home, on vacation, or at grandma’s house, Slumberpod provides a consistent and familiar sleep space for your child. This can help ease anxiety and promote better sleep in unfamiliar environments.
• Safe and Breathable: Slumberpod is made with lightweight, breathable fabric that allows for proper airflow. It’s also designed to be used safely with standard-sized pack and plays, mini cribs, and travel cots.
• Temperature Control: The breathable fabric helps regulate temperature, keeping your child comfortable throughout the night. You can also use a small fan with the Slumberpod for added air circulation.

2. For Parents

• Stress-Free Travel: Slumberpod makes traveling with young children much easier. It allows you to create a comfortable sleep space for your child wherever you go, so you can relax and enjoy your trip without worrying about sleep disruptions.
• More Freedom and Flexibility: With Slumberpod, you don’t have to tiptoe around a dark hotel room or worry about waking your child. You can move freely, read a book, or watch TV without disturbing their sleep.
• Better Sleep for Everyone: When your child sleeps better, you sleep better! Slumberpod can help the whole family get a good night’s rest, leading to more enjoyable travel experiences and happier vacations.
• Peace of Mind: Knowing that your child is sleeping soundly in a safe and comfortable environment gives parents peace of mind and allows them to relax and recharge.

How to Use Slumberpod

Slumberpod is designed for quick and easy setup, making it a breeze to use whether you’re at home or on the go. Here’s a simple guide to get you started:

Setup and Assembly

1. Unfold the Slumberpod: Take the Slumberpod out of its carrying bag and unfold it.
2. Assemble the poles: Insert the flexible poles into the corresponding sleeves on the Slumberpod. The poles are color-coded to make assembly easy.
3. Place over your sleep surface: Position the Slumberpod over your chosen sleep surface, ensuring the zipper openings are facing the desired direction.
4. Secure the Slumberpod: Use the provided clips to attach the Slumberpod to the legs or frame of your pack and play, mini crib, or travel cot.
5. Place your child inside: Once the Slumberpod is securely in place, put your child inside with their usual sleepwear and any comforting items like a lovey or blanket.
6. Zip it up: Close the zipper(s) to create a dark and cozy sleep environment for your child. Remember to open the ventilation flaps for airflow.

Where to Buy Slumberpod

Slumberpod is available for purchase from a variety of online and brick-and-mortar retailers. Here are some of the most common places to find it:

• Slumberpod Website: You can buy Slumberpod directly from the manufacturer’s website, where you’ll often find exclusive colors, bundles, and deals.
• Amazon: Slumberpod is readily available on Amazon, often with Prime shipping options and customer reviews.
• BuyBuy Baby: This popular baby store carries Slumberpod both online and in many of their physical locations.
• Target: Target offers Slumberpod online and in select stores.
• Nordstrom: You can find Slumberpod online at Nordstrom.
• Specialty Baby Stores: Many local and online baby stores carry Slumberpod and other baby travel gear.

Slumberpod Reviews and Testimonials

Slumberpod has received overwhelmingly positive reviews from parents and caregivers. Many praise its ability to improve their child’s sleep while traveling, allowing for more restful nights for the whole family.

Here are some common themes in Slumberpod reviews:

• Effective Blackout: Parents appreciate how well Slumberpod blocks out light, creating a truly dark sleep environment for their child.
• Portability: The lightweight and compact design makes it easy to take Slumberpod on trips without adding bulk to luggage.
• Easy Setup: Many reviewers highlight the simple and intuitive setup process.
• Durability: Parents report that Slumberpod is well-made and holds up well to regular use.

You can find Slumberpod reviews on the company’s website, retail websites like Amazon, and parenting blogs and forums. Reading these reviews can help you understand the experiences of other parents and decide if Slumberpod is right for your family.

The Future of Slumberpod

Since their successful Shark Tank appearance, Slumberpod has continued to innovate and grow. They are likely to continue this trajectory by:

• Expanding their product line: We may see new versions of the Slumberpod designed for different age groups or with additional features.
• Developing new accessories: Slumberpod may introduce more accessories to enhance the sleep environment within the pod, such as portable blackout curtains or white noise machines.
• Reaching new markets: Slumberpod may expand its reach internationally, making its products available to families around the world.

With its focus on solving a common problem for parents and its commitment to quality and innovation, Slumberpod appears to be well-positioned for continued success in the future.

FAQs

What age is Slumberpod suitable for?

Slumberpod is designed for babies and toddlers aged 4 months to 5 years old. It can be used with pack and plays, mini cribs, and toddler cots.

Is Slumberpod safe?

Yes, Slumberpod is made with breathable fabric to ensure proper airflow. It also meets all applicable safety standards. However, it’s crucial to follow the included safety guidelines and never leave your child unsupervised inside the Slumberpod.

Can I use Slumberpod on an airplane?

While Slumberpod is compact and portable, its use on airplanes is generally not recommended due to safety regulations and limited space. It’s best suited for use in hotels, vacation rentals, and other accommodations.

How do I clean my Slumberpod?

The Slumberpod fabric is machine washable. Simply remove the poles and follow the care instructions on the tag.

Can I use Slumberpod outdoors?

Slumberpod is primarily designed for indoor use. While it can be used in shaded outdoor areas, it’s important to avoid direct sunlight and ensure proper ventilation.

The Bottom Line

Slumberpod is a game-changer for parents who want to ensure their little ones get the sleep they need, wherever they are. It offers a simple yet effective solution to the common challenges of sharing a room or traveling with young children.

With its portability, ease of use, and focus on safety, Slumberpod has become a popular choice for families seeking a better sleep experience, both at home and away. If you’re looking for a way to improve your child’s sleep and make travel more enjoyable for everyone, Slumberpod is definitely worth considering.