Young businesspeople from all over the world have a large stage to present their company Slumberpod plans to an audience of extremely wealthy investors thanks to “Shark Tank” (or Sharks, as we know them). The contestants get the chance to dazzle the Sharks with their concept, historical performance, and future sales projections, with the ultimate objective being to convince the investors to make a sizable investment in their company.
Think of “Shark Tank” as a much larger version of Kickstarter for television that is run by influential businesspeople. It is renowned for the engaging, educational conversations between the investors and the pitching as well as the typically cordial banter among the Sharks themselves as they compete for their preferred enterprises by outbidding one another. Even though some of the transactions made on the show fail, the reality series is still worth watching every single episode of.
Lou Childs and Katy Mallory, co-founders and a mother-daughter team from Atlanta, Georgia, presented “SlumberPod” to the Sharks in January 2020. Are you interested in learning more about “SlumberPod,” its history, and the current state of Lou and Katy’s company? We’ve got you covered, though.
Even though some of the transactions made on the show fail, the reality series is still worth watching every single episode of. Lou Childs and Katy Mallory, co-founders and a mother-daughter team from Atlanta, Georgia, presented “SlumberPod” to the Sharks in January 2020. Are you interested in learning more about “SlumberPod,” its history, and the current state of Lou and Katy’s company? We’ve got you covered, though.
Who Are SlumberPod and What Do They Do?
When her child kept her up all night, Katy Mallory once had to cut short a vacation to her mother’s house with her family owing to a severe lack of sleep. Katy and her husband discovered that sharing a room with their toddler while staying at her mother Lou’s was damaging to both their child’s and their sleep. As Katy got back to her house, she futilely looked for items that may improve a child’s ability to sleep while traveling. She searched the market for an appropriate and secure product but couldn’t discover any.
The “SlumberPod” is an easy-to-assemble blackout canopy tent that drapes over any cot or baby cot to provide babies with a dark, secure, and comfortable environment to sleep in. Katy and her mother Lou came up with the idea for the product. For families traveling with young newborns, “SlumberPod” is specially made to be lightweight enough to fit into carry-on luggage.
To turn their vision into a real company, Lou Childs and her daughter Katy Mallory joined together in 2016. This is when SlumberPod was born. They began selling their product in 2018 after raising $45,000 through a Kickstarter campaign from 356 supporters. When they made their appearance on “Shark Tank,” SlumberPod had already sold more than $556,000 in 2019.
Update for SlumberPod
Kate and Lou sought a $400,000 financial investment in exchange for 20% interest in their business when they applied to the Tank. Several Sharks believed that the company didn’t require their investment because their product was so exceptional and their business plan was already so successful.
Barbara Corcoran makes Kate and Lou a deal for their asking price with the condition that she gets paid back first, despite having previously advised them against selling equity. Their appearance on “Shark Tank” comes to an end when they agree to give Barbara 20% of “SlumberPod” in return for $400,000 in cash.
Since then, “SlumberPod” has thrived in its specialized market, and the company has experienced definite, consistent development. The Chicago Athenaeum Museum of Architecture and Design’s Good Design Award was given to “SlumberPod” in April 2020 (in the Children’s Goods category for 2019). SlumberPod has also been recognized as one of Atlanta Inno’s “50 On Fire” in the B2C/C2C category since June 2020. Barbara placed a wager on a victorious horse.
Thus far, “SlumberPod” has received excellent consumer feedback, high user ratings, and several testimonials from mommy influencers. The item may be purchased in the US from Buy Buy Baby, Bed Bath & Beyond, and Amazon.
For Parents, The Slumberpod Sleep Canopy Can Reduce Stress While On a Holiday
It might be difficult to plan when to feed and schedule naps while traveling with a young kid. Your child might not want to sleep on top of the typical difficulties of parenting and managing several tasks. I’ve been there, so I know.
Picture yourself and your significant other lying in quiet in a hotel room while on holiday. All the lights turned out, and hoping against hope that your baby would fall asleep. The only issue here for us parents is that it may only be 6 or 7 p.m. Which is far too early for us to lay our tired heads down. Do you think that seems like a fun holiday? Not at all,
Recent Model Pricing
I was dubious when my buddy first showed me. The SlumberPod sleep canopy because the most recent model has a full-price retail price of $199. I don’t have that much money to merely test anything out. Even though it could occasionally be on sale. After considering it for several months and because I had a two-night trip scheduled to see my in-laws, I decided to try it.
I first bought the SlumberPod 2.0, which was released in 2020. I had the opportunity to try out the upgrade when the company recently released an upgraded version. The new SlumberPod 3.0 was carefully packed and included with setup instructions and pictures. It was really easy to put together. All that was required was to thread two poles through. Several loops and hold the structure erect, like a tent. My sole recommendation is to assemble it in a roomy space since. Laying the poles on the ground and having enough space. To walk around are essential for a quick and simple procedure.
Best Slumberpod For Summer
An extra ventilation panel is available in the more recent model towards the back of the pod. Which is fantastic for summer because it increases airflow. The updated model also incorporates a pouch that holds a baby monitor firmly in place for quick and simple viewing. The addition of a top fan bag in addition to the lower fan pouch is 3.0’s most significant enhancement. This enables the optional use of two fans on warm days. The 3.0 retails for $179. But the business now offers a combination version that. Includes a travel fan for $20 more. Instead of trying to locate a fan that fits in the pouch. I think the extra sum is worth the money.