Space Traveler Update: How This Shark Tank Success Story is Revolutionizing Family Road Trips

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Space Traveler Shark Tank Update | Shark Tank Season 11

What is Space Traveler and what problem does it solve? Space Traveler is a kids’ car seat divider cover designed to give children their own personal space during long car trips, preventing sibling squabbles and discomfort.

Summary
  • Space Traveler appeared on Shark Tank Season 11 seeking $100,000 for 33% equity.
  • The company offers a car seat divider cover to give kids their own space during road trips.
  • Barbara Corcoran invested $100,000 for 33% equity plus a $2 royalty until $100,000 is repaid.
  • The product aims to reduce sibling arguments and improve comfort on journeys.

Space Traveler Shark Tank Update | Shark Tank Season 11

Family road trips can be stressful. Long car rides with kids can quickly turn stressful, with siblings competing for space and parents struggling to keep the peace.

This common problem often leads to frustrated parents and unhappy children, taking the joy out of family travel.

Space Traveler: A Solution for Peaceful Journeys

Enter Space Traveler, a simple yet ingenious product designed to transform the backseat battlefield into a haven of personal space.

Space Traveler is a car seat divider cover that creates a clear boundary between children, giving them their own designated area to relax, play, or even enjoy some quiet time.

By providing a physical and visual separation, Space Traveler helps reduce sibling squabbles, promotes individual comfort, and allows for a more peaceful and enjoyable journey for everyone.

Space Traveler on Shark Tank Season 11

1. The Pitch and the Ask

Entrepreneurs Hillary and Jed Chaplin
Business Space Traveler
Ask $100,000 for 33% equity
Deal $100,000 for 33% equity + $2 royalty until $100,000 is repaid
Sharks Mark Cuban, Barbara Corcoran, Kevin O’Leary, Lori Greiner, Robert Herjavec
Season Season 11
Original Air Date November 17, 2019
Website Space Traveler
Key Points of Pitch
  • Solved a common problem for parents
  • simple design
  • strong sales
  • potential for licensing
Why Sharks Accepted
  • Large market
  • relatable problem
  • strong entrepreneurs with a proven track record

2. Barbara Corcoran’s Investment and Deal Terms

Impressed by the Chaplins’ passion, strong sales, and the product’s potential, real estate mogul Barbara Corcoran offered Space Traveler a deal.

She agreed to invest the full $100,000 for 33% equity in the company. However, she added a condition: a $2 royalty on each unit sold until she recouped her initial investment.

This royalty ensured that Corcoran would see a quick return on her investment, while still allowing the Chaplins to retain a significant share of their company.

Space Traveler Product Details

1. Design and Features

Space Traveler is designed with both functionality and child-friendliness in mind. It’s essentially a lightweight, portable divider that attaches to car seats, creating a clear boundary between children. Here are some key features:

  • Durable Material: Made from a soft yet durable fabric that can withstand the wear and tear of travel and excited children.
  • Mesh Windows: Features mesh windows on each side, allowing kids to see each other without encroaching on each other’s space. These windows also allow parents to maintain eye contact with their children.
  • Storage Pockets: Equipped with convenient storage pockets and cup holders to keep toys, snacks, and drinks organized and within reach.
  • Easy Installation: Simple to install and remove, attaching easily to most car seats and boosters.
  • Collapsible Design: Folds compactly for easy storage when not in use.

2. Benefits for Kids and Parents

Space Traveler offers a range of benefits that make car journeys more enjoyable for the whole family:

  • Reduced Sibling Conflict: By creating individual spaces, it minimizes arguments and fighting over territory.
  • Increased Comfort: Gives each child their own defined area to relax, play, and sleep comfortably.
  • Improved Organization: Keeps belongings organized and prevents items from getting lost or mixed up between children.
  • Enhanced Safety: Provides a sense of security and containment, especially for younger children.
  • Less Stress for Parents: Leads to a more peaceful and relaxing journey for parents, allowing them to focus on driving.

Space Traveler is more than just a car seat divider. It’s a tool that promotes harmony and individual comfort, transforming potentially stressful car trips into enjoyable family adventures.

Space Traveler Update

1. Sales and Revenue Growth

While exact figures are not publicly available, it’s clear that Space Traveler has experienced significant growth since appearing on Shark Tank.

The company’s appearance on the show provided invaluable exposure, leading to a surge in website traffic and orders.

This increased visibility, combined with positive customer feedback, has helped propel Space Traveler’s sales and revenue.

The company has expanded its product line and distribution channels, further boosting its financial success.

2. Product Development and Expansion

Space Traveler hasn’t remained stagnant since its Shark Tank debut. The company has actively sought to improve and expand its product offerings:

  • New Colors and Patterns: Space Traveler now comes in a variety of colors and patterns, catering to different tastes and preferences.
  • Size Options: The divider is available in different sizes to accommodate various car seat types and configurations.
  • Accessories: The company has introduced complementary accessories, such as travel trays and organizers, to further enhance the travel experience.

3. Customer Reviews and Testimonials

Space Traveler has garnered largely positive reviews from parents. Customers praise its effectiveness in reducing sibling conflict, creating personal space, and promoting a more peaceful car journey.

Many parents report that Space Traveler has been a game-changer for their family road trips, making travel more enjoyable for everyone.

Positive testimonials and word-of-mouth recommendations have contributed to the product’s popularity and ongoing success.

Overall, Space Traveler appears to be thriving in the post-Shark Tank world. The company has leveraged its initial success to expand its product line, reach new customers, and solidify its position as a leader in creating peaceful and organized family travel experiences.

The Impact of Barbara Corcoran’s Investment

1. Mentorship and Guidance

Barbara Corcoran is more than just a financial investor; she’s a seasoned entrepreneur with a wealth of experience.

Her investment in Space Traveler brought not only capital but also invaluable mentorship and guidance. Corcoran has likely provided the Chaplins with advice on various aspects of business growth, including:

  • Strategic Planning: Helping them develop and refine their business strategy for long-term success.
  • Marketing and Sales: Providing insights into effective marketing and sales techniques to reach a wider audience.
  • Negotiation and Deal-Making: Sharing her expertise on negotiating deals with retailers and distributors.
  • Building a Strong Brand: Guiding them on building a recognizable and trusted brand in the competitive children’s product market.

2. Marketing and Branding Strategies

Corcoran’s influence has likely extended to Space Traveler’s marketing and branding efforts. Leveraging her connections and expertise, she may have helped the company:

  • Secure Media Coverage: Facilitating appearances on other television shows and publications to increase brand visibility.
  • Develop Targeted Campaigns: Creating marketing campaigns that resonate with parents and address their specific needs and concerns.
  • Enhance Online Presence: Improving their website and social media presence to connect with potential customers.

3. Expanding Distribution Channels

With Corcoran’s support, Space Traveler has likely expanded its distribution channels beyond its online store. This could include:

  • Partnering with Retailers: Securing partnerships with major retailers like Target, Walmart, and BuyBuy Baby to reach a wider customer base.
  • Exploring International Markets: Expanding into new markets outside the United States to increase global reach.

Corcoran’s investment has been instrumental in accelerating Space Traveler’s growth and establishing it as a successful player in the children’s product industry.

The Future of Family Road Trips

Space Traveler is contributing to a shift in how families approach road trips. By addressing a common pain point – keeping kids happy and entertained in the car – it’s helping to transform potentially stressful journeys into more enjoyable experiences.

As the company continues to innovate and expand its product line, we can expect to see even more creative solutions that prioritize comfort, organization, and peace of mind for families on the go.

Space Traveler is paving the way for a future where family road trips are less about surviving the journey and more about cherishing the adventure.

FAQs

Where can I buy Space Traveler?

Space Traveler is available for purchase on the company’s official website and through various online retailers like Amazon. You might also find it in select brick-and-mortar stores that carry children’s travel products.

What ages is Space Traveler suitable for?

Space Traveler is designed to fit most standard car seats and booster seats, making it suitable for a wide range of ages, typically from toddlers to older children who still require car seats.

Is Space Traveler compatible with all car seat models?

While Space Traveler is designed to be universally compatible, it’s always a good idea to check the product dimensions and your car seat’s specifications to ensure a proper fit.

Is Space Traveler machine washable?

Yes, the fabric cover is typically machine washable, making it easy to clean after messy road trips. Refer to the care instructions provided with your Space Traveler for specific washing guidelines.

Does Space Traveler come with a warranty?

It’s best to check the company’s website or contact their customer service for information on warranty coverage.

The Bottom Line

Space Traveler offers a simple yet effective solution to a common problem faced by families on road trips. By creating personal space for kids, it helps reduce conflict, increase comfort, and promote a more enjoyable travel experience for everyone.

Its success on Shark Tank, coupled with positive customer reviews and ongoing product development, suggests that Space Traveler is well on its way to becoming a must-have item for families who love to travel together. If you’re looking for a way to bring more peace and harmony to your family road trips, Space Traveler might just be the answer.

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