Dingle Dangle Shark Tank Update (Season 15)

Dingle Dangle is a baby gift product. By wearing this Kid Gift Set as a headband, it becomes easier to change the baby’s diaper and also saves a lot of time. Additionally, by attaching clips to the crib, it can be converted into a portable mobile.

This brand also sells teethers, bunny toys, and mats for kids. A single Dingle Dangle Baby Gift Set costs $39.99. You can buy these products from Amazon and the company website.

Dingle Dangle Shark Tank Product
Image credit by dingledanglebaby.com
Company NameDingle Dangle
FounderStewart Gold and Mark Hamilton
ProductHands-free distractor toy
Asked For$750k for 20% equity
Final Deal$75k for 20% equity + a royalty of $1 per unit sold until $300k is paid
SharkKevin O'Leary Shark Tank Profile Kevin O’Leary
Episode (Shark Tank USA)S15 E10
Air DateJan 12, 2023
Business StatusIn Business
WebsiteVisit Website
HeadquartersBoca Raton, Florida, USA
Lifetime Worth (Sales)$100k *estimated
Buy and WatchBuy NowAmazon Prime

Another Shark Tank Pitch

Stewart Gold and Mark Hamilton are the co-founders of Dingle Dangle Company. They started this company in 2020 to solve a real problem. Stewart completed his law studies at the University of Florida.

How Was The Shark Tank Pitch Of Dingle Dangle?

Stewart asked the sharks for $75k for 20% equity at a $375k valuation after entering Shark Tank. He explained the features and problem-solving aspects of the Dingle Dangle product to the Sharks.

In 2020, he filed for a utility patent for the entire system, which includes a headband with removable rods. Sales in 2022 were $67,000. The selling cost of the product is $40, the production cost is $11.75, and the landed cost ranges from $14.50 to $15.

He has already incurred a loss of $32,000 in 2022. Sales of $40,000 have been made so far in 2023, with an expected $15,000 in sales this month. Stewart projects this year’s annual sales could reach $185,000, with potential earnings of $10,000 to $15,000.

Stewart said the Sharks are needed in this business because they have marketing experience and expertise in licensing deals. Kevin O’Leary doesn’t like this business idea, he’s out.

Mark Cuban and Daymond John think this business is not investable for them, so they’re out.

Lori Greiner mentioned that the market size of this product is small, and that’s why she is out. Candace Nelson expressed, “I am unable to connect with your vision, that’s why I am out.”

Kevin O’Leary offered a royalty deal of $75k for 20% equity, plus a royalty of $1 per unit sold until $500k is paid.

Stewart countered Kevin with $75k for 20% equity, plus a royalty of $1 per unit sold until $150k was paid, but Kevin declined. Stewart then proposed $250k, but Kevin countered with $300k. Stewart accepted the offer.

Sharks Offers list!

Daymond John Daymond JohnNo Offer
Kevin O'Leary Shark Tank Profile Kevin O’Leary$75k for 20% equity + a royalty of $1 per unit sold (#1)
$75k for 20% equity + a royalty of $1 per unit sold until $500k is paid (#2)
$75k for 20% equity + a royalty of $1 per unit sold until $300k is paid (#3)
Mark Cuban Shark Tank Profile Mark CubanNo Offer
Candace Nelson Candace NelsonNo Offer
Lori Greiner Profile for Shark Tank Lori GreinerNo Offer
Founder’s (Countered)$75k for 20% equity + a royalty of $1 per unit sold until $150k is paid (#2)
$75k for 20% equity + a royalty of $1 per unit sold until $250k is paid (#2)
Final Deals$75k for 20% equity + a royalty of $1 per unit sold until $300k is paid

Dingle Dangle Shark Tank Update

After this episode of Shark Tank aired, there was a lot of discussion about this product on the internet. Many media publications have featured this product.

“I actually own one of these and it was a godsend for me for a few months. Surprised to randomly see this on tv. Loved the pitch, made me laugh.” says Reddit user smeggoh.

This is an interesting business idea and co-founder Stewart is also quite confident about the scale of this business.

What Is Dingle Dangle’s Net Worth?

Dingle Dangle’s net worth is estimated to be $0.2 million, and this data is based on the company’s lifetime sales and current valuation.

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$55k *estimated
2022$32k *estimated

Funding Reports to Date!

YearsFunding AmountInvestor
2023$75kKevin O’Leary

The headquarters of this company is in Boca Raton, Florida, United States, and according to its LinkedIn profile, 2-10 employees are working there.

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