SlumberPod is a safe, portable solution that offers babies privacy, helping both babies and parents sleep better.
This lightweight, tent-like product fully encloses the baby’s sleeping area, creating a private space for the baby. Its portable design makes it easy to use on the go.
Company Name | SlumberPod | |
Founder | Lou Childs and Katy Mallory | |
Founded | 2016 | |
Product | portable tent for babies | |
Asked For | $400k for 20% equity | |
Final Deal | $400k for 20% equity | |
Shark | Barbara Corcoran | |
Episode (Shark Tank USA) | S11 E10 | |
Air Date | Jan 5, 2020 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Atlanta, Georgia, US | |
Lifetime Worth (Sales) | $22.5M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of SlumberPod?
Katy Mallory is the Co-Founder and CEO of SlumberPod, which she launched with her mother, Lou Wingfield Childs, a marketing expert.
After studying journalism, Mallory gained experience working in sales roles across various corporate companies.
How Was The Shark Tank Pitch Of SlumberPod?
On Shark Tank, Katy and Lou presented SlumberPod to the Sharks, seeking $400,000 for 20% equity. The product’s landed cost is $56, and it retails for $149.99. Since launching, they had achieved $556,000 in sales.
Barbara Corcoran offered $400,000 for 25% equity, while Kevin O’Leary proposed $400,000 as a loan at 9% interest for 7% equity. Katy countered Barbara with 20% equity, and Barbara accepted.
SlumberPod Shark Tank Update
Following SlumberPod’s appearance on Shark Tank, the company saw a surge in sales, moving 20,000 units through Amazon and its website. By 2021, SlumberPod’s annual revenue reached $5 million.
In October 2022, the company launched an upgraded version of the SlumberPod with a built-in fan and entered a strategic partnership with BabyQuip.
SlumberPod is available on Amazon, Target, and various other retail and online stores. As of August 2023, the company’s annual revenue had grown to $10 million.
After the Shark Tank episode aired, all SlumberPod products quickly sold out, with restocks taking nearly a month, highlighting the strong demand from parents.
What Is the Net Worth of SlumberPod?
SlumberPod is currently valued at approximately $5 million and actively runs paid advertisements to boost product sales. According to Similarweb, 30% of the traffic to the company’s website comes from direct visits.
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.
Years | Annual Revenue |
2023 | $10M *estimated |
2022 | $6M *estimated |
2021 | $5M *estimated |
2020 | $1.5M *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
2020 | $400k | Barbara Corcoran |
The company is headquartered in Atlanta, Georgia, and employs between 11 and 50 people, as noted on its LinkedIn profile.
Yes, SlumberPod is still in business as of April 2024.