Lisa Lloyd, founder of Treasure Chest Pets, faced financial challenges in fulfilling orders and appeared on Shark Tank Season 1, Episode 8 seeking $150,000 for 20% equity, valuing the company at $750,000.
Lisa had already invested $100,000 of her own money into the business, with her family also contributing to its operations. Daymond John and Barbara Corcoran agreed to invest $150,000 for 60% equity, with Daymond also providing additional support.
Treasure Chest Pets offers stuffed animals with hidden compartments for storing small treasures. These pets feature magnets that secure various parts together, and each has concealed storage for small items. The average retail price is $19.99, with a production cost of $4.75. The product is available in over 200 stores.
| Company Name | Treasure Chest Pets | |
| Founder | Lisa Lloyd | |
| Founded | Oct 2008 | |
| Product | World’s First Organizer Stuffed Pets | |
| Asked For | $150k for 20% equity | |
| Final Deal | $150k for 60% equity | |
| Shark |  Barbara Corcoran |  Daymond John |
| Episode (Shark Tank USA) | S1 E8 | |
| Air Date | Oct 6th, 2009 | |
| Business Status | Out of Business | |
| Website | Visit Website | |
| Headquarters | Phoenix, Arizona, USA | |
| Lifetime Worth (Sales) | $10M *estimated | |
| Buy and Watch | Buy Now | Amazon Prime |
Another Shark Tank Pitch
Who Is The Founder Of Treasure Chest Pets?
Lisa Lloyd is the founder of Treasure Chest Pets. In 2015, she launched Masqué Rage, a business specializing in temporary facial tattoos that resemble masks. She is also a member of the Multiple Entrepreneur Community. In 2020, she founded Invention Accelerator, a company that supports individuals with product development.
How Was The Shark Tank Pitch of Treasure Chest Pets?
Lisa Lloyd appeared on Shark Tank seeking $150,000 for 20% equity in Treasure Chest Pets. She explained her product, a stuffed animal with a hidden compartment for storing treasures, and revealed that the previous year’s sales were about $100,000.
Kevin O’Leary declined, citing the brutal distribution challenges in the toy industry. Kevin Harrington also opted out, as he does not invest in products targeting specific age groups or seasonal businesses.
Daymond John and Barbara Corcoran offered $150,000 for 60% equity, along with additional support in product manufacturing.
Robert Herjavec proposed $150,000 as a line of credit with 0% equity. Lisa chose to accept Daymond and Barbara’s offer, valuing both the investment and the additional support.
Sharks Offers list!
| Sharks | Offers |
|---|---|
| Barbara Corcoran | $50k for 60% equity (#1) (Daymond) |
 Kevin O’Leary | No Offer |
 Robert Herjavec | $150k for 0% equity (#1) |
| Daymond John | $100k for 60% equity (#1) (Barbara) |
 Kevin Harrington | No Offer |
| Founder’s (Countered) | No Counter |
| Final Deals | $150k for 60% equity |
Treasure Chest Pets Shark Tank Update
Treasure Chest Pets secured a deal on Shark Tank with Daymond John and Barbara Corcoran investing $150,000 for 60% equity. With Daymond’s assistance, Lisa Lloyd successfully listed her product in Buy Buy Baby stores.
The business initially saw significant growth, reaching millions in revenue. However, due to the economic crisis, Lisa was forced to close Treasure Chest Pets in 2012.
Afterward, Lisa launched Masqué Rage in 2015 in New Orleans, Louisiana. Despite the success in retail and a strong partnership with Daymond, the business was unable to sustain itself through the economic downturn.
What Is Treasure Chest Pets’s Net Worth?
Treasure Chest Pets is estimated to have a net worth of $0 million, as the business was closed in 2012. Lisa Lloyd, a resilient entrepreneur, initially started the company with limited capital but achieved notable success.
She is now involved in various ventures, including running a Ninja Inventor course, where she teaches product invention techniques.
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 |
| 2008-12 | $10M *estimated |
Funding Reports to Date!
| Years | Funding Amount | Investor |
| 2009 | $150k | Barbara Corcoran Daymond John |
Lisa also achieved significant success by securing a $20 million licensing deal with Scunci for her French Twister product. Her entrepreneurial journey reflects her ability to overcome challenges and contribute to the product development field.
The official address of Treasure Chest Pets was Phoenix, Arizona, United States.
No, Treasure Chest Pets has been out of business since 2012.
frequently asked questions
Who founded Treasure Chest Pets?
Treasure Chest Pets was founded by Lisa Lloyd.
Did Treasure Chest Pets get a deal on Shark Tank?
Yes, Treasure Chest Pets gets a deal on Shark Tank.
