Self-made businessman Smith Aleen Baggett introduced his business, FlaminGO, on Shark Tank Season 16. FlaminGO is a 3,000 mAh pre-charged emergency portable charger with three ports—USB Type-C, Micro-USB, and Lightning Cable—designed to prevent small devices like phones, AirPods, tablets, and speakers from running out of battery.
During his pitch, Smith asked the Sharks for $200,000 in exchange for 20% equity. He ultimately struck a deal with Barbara Corcoran for $200,000 for 22% equity.
| Company Name | FlaminGO | |
| Founder | Smith Aleen Baggett | |
| Founded | Dec 2018 | |
| Product | Pre-charged Phone Chargers | |
| Asked For | $200k for 20% equity | |
| Final Deal | $200k for 22% equity | |
| Sharks | Barbara Corcoran | |
| Episode (Shark Tank USA) | S16 E11 | |
| Air Date | Feb 7th, 2025 | |
| Business Status | In Business | |
| Website | Visit Website | |
| Headquarters | Statesboro, Georgia, USA | |
| Lifetime Worth (Sales) | $500k *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Portable Pre-Charged
- 3000 Milliamp Hours
- Usb-C compatibilty
- Travel-friendly design
Who Is The Founder Of FlaminGO?
The pre-charged phone charger business, FlaminGO, was founded in December 2018 by professional cowboy and auctioneer Smith Baggett. Smith graduated from Georgia Southern University, and his family has been in the auctioneering business for four generations.
How Was The Shark Tank Pitch Of FlaminGO?
With his powerful voice and auctioneer style, Smith pitched his pre-charged phone charger business, FlaminGO, to the Sharks. He explained how this portable charger can be a lifesaver in emergency situations.
Robert Herjavec found it to be a good concept and highly useful during emergencies. Smith shared that once charged, the device can last up to a year. The retail price ranges from $12.99 to $19.99, with a landed cost of $3.65. FlaminGO is primarily sold in theme parks, retail stores, and online.
The charger can fully charge an iPhone 10, but for larger battery phones like the iPhone 15, it provides up to 70% charge.
Smith revealed that in the past year, sales reached $318,000, mainly through seven trade shows. Additionally, a major convenience store chain has shown interest in testing 50,000 units. If he secures an investment from the Sharks, his plan is to attend more trade shows to boost sales.
Barbara Corcoran showed interest in Smith’s pre-charged phone charger business and made an offer of $200,000 for 25% equity.
After some negotiation, they settled on a deal of $200,000 for 22% equity.
Breakdown Sharks Offer
Note: Here’s a quick summary of the offers and counteroffers between the Sharks and Smith:
| Sharks | Offers |
| Kevin O’Leary | No Offer |
| Barbara Corcoran | $200K for 22% equity |
| Mark Cuban | No Offer |
| Lori Greiner | No Offer |
| Robert Herjavec | No Offer |
| Founder’s (Countered) | No Counter |
| Final Deals | $200K for 22% equity |
FlaminGO Shark Tank Update
After the business secured a deal on Shark Tank, we explored the company’s official website for more information.
We discovered that FlaminGO has worked with major clients like Hershey’s, MADD, Bimbo, American Airlines, Anheuser-Busch, and Uber.
Additionally, the company accepts wholesale orders, offering custom branding and logo options. However, a minimum bulk order of 500 chargers is required.
What Is FlaminGO Net Worth?
The company’s total sales are estimated to be around $500,000, with an annual growth rate of 10%. A majority of the sales come from trade shows. After analyzing the company’s finances and fundamentals, we estimate that FlaminGO’s net worth is approximately $300,000.
