Chill Systems Shark Tank Update (Season 12)

Chill Systems is a lightweight, eco-friendly, portable beverage chiller. In this, we can keep beer, wine, spirits, soda, coffee, sports drinks, kombucha, etc. cold for up to 6 hours.

This chiller is made from recycled materials along with freezing gel has been used inside it. Due to this, it acts like a wall and becomes an Ice chamber. Before using this chill system, you have to freeze this chiller the whole night.

In the same chill, you can add your favorite drink like beer, wine, spirits, soda, etc. One thing to note is that the chill can hold three 12-16 oz cans and a 750 ml wine bottle can be stored side by side.

Picnic bag size is 7.50″ L x 15.00″ W x 15.25″ H, 2.2 lbs. It can keep drinks chilled for up to 24 hours plus Wine Cups, Snacks, tablets & Picnic Blanket can be brought in this bag.

The Adventure Bag will fit 6 cans and 2 wine bottles + chiller and is 6.50″ L x 8.00″ W x 16.50″, 1.4 lbs in size.

Both these chilling bags cost $49.95.

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Who Is The Founder Of Chill Systems?

The Co-Founder & CEO of Chill Systems Company is Chase Mitchell and its Co-Founder & CFO is Brian Bloch.

Chase Mitchell is a native of Southern California. He has studied business administration at the University of Southern California.

When he was growing up in college, Google appointed him as a campus ambassador for Minor in Web Technologies.

After graduation, he worked as a small business sales intern at Google and then moved to account manager.

He worked in marketing campaigns for Apple Inc.

Brian was born in Georgia and later moved to Los Angeles. He earned a B.S. in Business Administration from the University of Southern California.

He joined the Apple company as a finance marketing person.

He has been a finance analyst in many of Apple’s campaigns, including iTunes, Apple Watch, and Apple Media Products.

Brian has traveled the world for 27 years, having visited (32 states, 25 countries, and 6 continents).

In 2008, it started a finance company named Elbay Endeavors, this company provides information about finance and investment.

Chill Systems Before Shark Tank

According to LinkedIn, this Chill Systems company was started in 2016 but it started selling in 2018.

Chase got the idea for ​​this unique product when he was in college. He went to the Bluegrass Festival in San Francisco’s Golden Gate Park and their people were struggling to pull one of the heavy coolers.

Seeing this problem, Chase & Brian decided to create a portable chiller that did not use ice and gel packs to cool the drink.

In August 2018, they ran a successful kickstart campaign in which they raised $53,172 in funding from 473 backers.

Chase and Brian are associated with the non-profit organization water.org to donate 3% of their profits to help prevent the global water crisis.

Chase & Brian had asked the Sharks for $150,000 for 15% equity for their company. They have revealed in Shark Tank, so far their sales are $111,000. The making cost of this product is $18.

Kevin found this business idea bad. No shark was ready to invest in this business.

Chill Systems Shark Tank Update

Chill Systems did not get any deals in Shark Tank. When this episode of Shark Tank was released on National TV, they got some sales from it but not much.

This company has launched its product U.S. & Canada and is shipping in both places it has not started international shipping yet.

We visited the Company’s website in August 2022, and that website shows this product is out of stock Also it is not available on Amazon.

We don’t think that the sales of this product would have increased much as Shark Kevin says this is a bad business idea.

What Is The Chill Systems Net Worth?

Chill System’s net worth is estimated at $0.2 million. Chase has mentioned his last date in this company in his LinkedIn profile as Jan 2022.

In April 2024, we got information that Chill Systems had gone out of business.