Storm Bag Shark Tank Update (Season 15)

The Storm Bag is a reusable, non-toxic bag made from biodegradable burlap and linen. It contains crosslinked polyethylene powder, which transforms into a gel when it comes into contact with water.

The bag takes only a few minutes to fill, and a unique feature is that after keeping it warm for two weeks, the bag dries out and becomes ready for reuse. The gel inside the bag is also considered beneficial for trees.

Company NameStorm Bag
FounderMiles Huffman and Maurice Huffman
FoundedTBD
ProductRe-usable Sand Bags
Asked For$200k for 10% equity
Final Deal$200k for 30% equity
SharkMark Cuban Shark Tank Profile Mark CubanLori Greiner Profile for Shark Tank Lori Greiner
Episode (Shark Tank USA)S15 E2
Air DateOct 6, 2023
Business StatusIn Business
WebsiteVisit Website
HeadquartersChico, California, USA
Lifetime Worth (Sales)$0.8M *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Who Is The Founder Of Storm Bag?

The founder of the Storm Bag business is Maurice Huffman, with his son Miles Huffman as a partner. Maurice is a musician and also owns a military surplus store.

How Was The Shark Tank Pitch Of Storm Bag?

Father and son duo, Maurice and Miles Huffman, appeared on Shark Tank, asking the sharks for $200k in exchange for 10% equity, valuing their business at $2 million. Maurice explained the reusable sandbag product, and the sharks were impressed by its features.

In 2022, without any marketing, they generated $90,000 in sales. The product costs $2 to make and sells for $5.50.

Kevin O’Leary opted out, stating the product competes with free alternatives. Daniel Lubetzky and Daymond John offered $200k for 40% equity, while Mark Cuban and Lori Greiner jointly offered $200k for 30% equity.

Daniel and Daymond matched the other offer, but Maurice ultimately accepted Lori and Mark’s deal.

Storm Bag Shark Tank Update

Storm Bag secured a deal on Shark Tank, with Mark Cuban and Lori Greiner investing in the business. Mark emphasized focusing on product design and developing commercial products. As a result, the company is expected to see significant sales growth.

After the Shark Tank episode aired, many people may have purchased the Storm Bag for its reusable and eco-friendly features.

While the company was founded by Maurice and Miles Huffman, product design and market changes may occur under Mark and Lori’s guidance. Currently, there isn’t much additional information available about the brand.

What Is Storm Bag’s Net Worth?

Storm Bag’s net worth is estimated at $0.5 million. This reusable, eco-friendly bag is not only beneficial for the environment but can also help prevent floods. Maurice has been generating solid revenue from the business, and it’s expected that growth will increase following the Shark Tank appearance.

Annual Revenue by Years

Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.

YearsAnnual Revenue
2023$700k *estimated
2022$100k *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2023$200kMark Cuban
Lori Greiner

Storm Bag is an innovative solution that addresses a real problem while being environmentally friendly. With the increasing frequency of floods, products like this are likely to become even more essential in the future.

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