Flated is a California-based inflatable automobile accessories startup. The company manufactures inflatable toppers, carriages, decks, etc. for vehicles.
This company uses drop stitch technology to make the product. Drop stitch material is used to bring rigid structures to the product. This company uses drop stitch material in all its products. Drop stitch material is high-tech and high-pressure.
The Air-Topper comes in 3 sizes and is mounted on the back side of pickup trucks to create a space. The air carrier is mounted on the top of the vehicle to carry surface boards, helmets, or other long items.
The Air-Deck is an inflatable mattress that can be used to sit or sleep on. It is very easy to carry all these products and these products fit easily inside a bag. You can buy these products from Amazon.
| Company Name | GET-FLATED |
| Founder | Ryan Guay, Dan Watts, Monique Keefer, and Ken Hoeve |
| Founded | Jan 2020 |
| Product | Inflatable Automobile Accessories |
| Asked For | $350k for 5% equity |
| Final Deal | $350k for 5% equity + will take $8 of each unit sold until the money is returned |
| Shark | Daymond John |
| Episode (Shark Tank USA) | S14 E16 |
| Air Date | March 10, 2023 |
| Business Status | In Business |
| Website | Visit Website |
| Headquarters | Carlsbad, California, United States |
| Lifetime Worth (Sales) | $1.3M *estimated |
| Go To Amazon | Buy Now |
| Watch On | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Flated?
The Get Flated company was founded in 2020 by Ryan Guay, Dan Watts, Monique Keefer, and Ken Hoeve. These four founders started this business because of their industrial experiences and outdoor activities.
Ryan Guay
Ryan is the co-founder and CEO of this company. He has also been “VP of Sales” in two big companies Surftech and FORLOH INC. He has worked in the sales department of many companies.
Dan Watts
Dan is the co-founder and CPO of this company. He has 20+ years of experience in design and product development. Along with working in this company, Dan is also running the business Watts Design and Consulting.
Monique Keefer
Monique is the co-founder and CEO of this company. After working in Surftech for 3 years, he remained Financial Controller at LEUS for 1 year.
Ken Hoeve
Ken is the co-founder and CMO of this company. He loves outdoor activities and sports. He has over 30 years of experience in the outdoor industry and has worked with several marketing companies.
Flated Before Shark Tank
This inflatable automobile accessories startup was launched in the time of 2020 COVID-19. At the beginning of this startup, the four founders had to face many difficulties.
They have devoted a lot of time to product development and research. After analyzing the market, they launched this company. This company has partnered with dealers in some selected countries of the world along with product delivery in the United States.
The brand’s products are available at 20+ locations in the United States, some of the dealers are All American Truck, Blue Ribbon Auto, Custom Truck Accessories, and more.
As of March 2023, the company has international two dealer partnerships with Expedition Upfitter in Canada and Al’saada Group in Oma Middle East.
How Was The Shark Tank Pitch Of Flated?
The three co-founders Ken, Monique, and Ryan entered Shark Tank and asked the sharks for $350k for 5% equity. They explained their business of inflatable automobile accessories and how these products make vehicles worth the road trip.
The retail cost of the Topper is $1,800 and the landed cost is $740. 80% of the revenue of this business comes from topper sales and 20% of the rest of the products. Currently, the cost of a traditional topper is estimated at more than $3,500.
So far in 2022, their sales have been $277,000 and they plan to hit $600,000 in sales this year. They have raised $500,000 in 2022 so far.
Lori Greiner, Kevin O’Leary, Mark Cuban, and Robert Herjavec 4 sharks are out but Daymond John is interested in this product. Daymond offers $350k for 5% equity + will take $8 of each unit sold until the money is returned.
The founders agreed to Daymond John’s offer.
Finalize: Daymond John invests $350k in Flated for 5% equity + $8 of each unit sold until money-back.
Flated Shark Tank Update
3 co-founders entered Shark Tank for funding of their company. They told Shark how inflatable automobile products provide flexible, durable, and portable facilities. Shark and the co-founder talked about many things like sales, product quality, and many more.
We’re following Ryan Guay, Dan Watts, Monique Keefer, and Ken Hoeve along with their company for further updates.
What Is The Net Worth of Flated?
Flated current worth is estimated at $1 million. This company has been running since 2020 and the CO-founder has taken this company nationwide as well as international.
At the time of 2020 Covid19, the performance of this company was not so good. Due to lockdown, many people were not able to do outdoor activities.
After the lockdown of COVID-19 was over, many people started traveling to different places. The percentage of travelers has increased a lot at the same time.
Yes, Flated is still in business as of April 2024.
