What Happened to BuggyBeds After Shark Tank?
What is BuggyBeds?
BuggyBeds is a one-of-a-kind bedbug detection gadget that will never disrupt your daily routine and will provide you peace of mind wherever you go! Its purpose is to alert you to a potential problem before it is too late! BuggyBeds monitoring can detect a six-month span.
The device is buried beneath the four corners of your mattress and does not create pain while you sleep.
BuggyBeds was founded by two female entrepreneurs, Veronica Perlongo and Maria Curcio, her fifteen-year girlfriend.
BuggyBeds’ glue monitors attract bed bugs and trap them on a sticky pad. The BuggyBeds monitor may also be used on other types of furniture, including as couches, or even in your car.
Who is the founder of BuggyBeds?
BuggyBeds was founded by two female entrepreneurs, Veronica Perlongo and Maria Curcio, her fifteen-year business partner.
BuggyBeds was created after Veronica and Maria saw how common bed bugs had grown in homes around the United States of America.
Once bed bugs have infiltrated a person’s home, it’s just a matter of time until they become fully infected, and cases are on the rise. BuggyBeds, on the other hand, is a product that has the potential to address a worldwide issue.
BuggyBeds were previously offered at Home Depot and Burlington Coat Factory. They previously turned down a $5 million offer for trademarks and patents.
What Happened to BuggyBeds’ pitch on Shark Tank?
On Shark Tank Episode 402, BuggyBeds creator Maria Curcio and her partner Veronica Perlongo demonstrate their BuggyBeds. They are looking for a Shark to help them grow their business.
Maria and Veronica entered the Shark Tank pitch seeking a $125,000 investment in return for a 7% stake in their business, worth $1.8 million.
After some thought, Mr. Wonderful asked the women to leave the room while he pushed his colleagues Sharks to collaborate on an offer.
When Maria and Veronica return, Kevin makes a $250,000 offer for 25% stock shares and encourages the other Sharks to participate in the deal.
Kevin has a connection with Daymond. Barbara makes a $150,000 offer for 15% equity shares, but then withdraws her offer.
Mark stands up and recommends that they all work together to make a compromise; Robert accepts, and the guys welcome Barbara back in; she concurs.
Maria and Veronica accept a $250,000 offer for 25% stake of BuggyBeds and exit the tank with a deal from all five Sharks.
What Happened to BuggyBeds After Shark Tank?
Maria Curcio was interviewed by Shark Tank Blog immediately after the debut of BuggyBeds. She wanted the Sharks’ help to expedite retail distribution.
BuggyBeds were in around 60 Home Depot locations before to filming, and they swiftly grew to 350 stores and will soon be in more.
Prior to the recording, only 75 Burlington Coat Factory shops sold the product; now, BuggyBeds is accessible at all of them.
They also have distributor partnerships in over 40 countries and a sizable institutional wholesale channel.
After knowing that her episode would be re-aired on 12/7/12, Maria consented to a second interview with Shark Tank Blog.
Shark Tank camera teams were in Freehold, NJ in late November filming a follow-up on BuggyBeds. 419, the next episode, will air on March 29.
Over the years, the company has developed new products. In addition to the Bed Bug traps, they manufacture flea and tick traps, mosquito repellent bands, and lice repellent bands.
In April 2021, the firm sold a majority stake to Rock Mountain Capital, eliminating the Sharks from their ownership percentages.
Maria and Veronica continue to be “significant minority shareholders in the firm and actively involved in the business.” As of January 2022, the firm was still in operation, with yearly sales of $4 million.
BuggyBeds’s Net Worth
During the pitch, the firm was valued at $1.8 million; following the investment by all five Sharks, the company was valued at $1 million. The company’s net worth of $10 million as of January 2022.
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BuggyBeds FAQs
What exactly is BuggyBeds?
BuggyBeds is a one-of-a-kind bedbug detection gadget that will never disrupt your daily routine and will provide you peace of mind wherever you go! Its purpose is to alert you to a potential problem before it is too late! BuggyBeds monitoring can detect a six-month span.
The device is buried beneath the four corners of your mattress and does not create pain while you sleep.
Who invented?
Maria Curcio and her business partner Veronica Perlongo are the inventors of BuggyBeds.
How much did they want for on Shark Tank?
They wanted $125,000 for a 7 percent stake in the firm, which was worth $1.8 million at the time of the recording.
Were they able to close the deal?
Yes, they reached an agreement with all five Sharks.
How much did the deal cost?
They offered $250,000 in exchange for 25% ownership of the firm.
Is BuggyBeds still in operation?
Yes, it is still a booming enterprise.
Where can I get BuggyBeds?
BuggyBeds may be purchased online by customers.
What exactly is the BuggyBeds website?
For additional information, customers can go to http://www.BuggyBeds.com.
Where can I find BuggyBeds?
BuggyBeds is headquartered in Freehold, New Jersey.
How are the main products used?
BuggyBeds’ glue monitors attract bed bugs and trap them on a sticky pad.
The BuggyBeds monitor may also be used on other types of furniture, including as couches, or even in your car.
Where can I get BuggyBeds?
BuggyBeds may be purchased through BuggyBeds.com, Home Depot, Burlington Coat Factory, and Bed Bath & Beyond.
What exactly is a bed bug?
Bed bugs are little insects that feed on human blood and hide in mattress seams and other areas of the bedroom; you will not see them but will most likely sense their bug bites.
Are BuggyBeds safe to use?
Yes, since the BuggyBeds detect bed bugs rather than killing them.
BuggyBeds appeared on which Shark Tank episode?
The episode including BuggyBeds was Episode 402.
What exactly are the ingredients?
Polyurethane foam is the main component. Polyester fibers and permanent adhesive are used to adhere the bed bugs to the speckle.
BuggyBeds are they waterproof?
BuggyBeds bands are waterproof and made of natural oils. When used as directed, BuggyBeds’ unique plant-based formula is safe for children of all ages, including pregnant and nursing mothers.
Do the BuggyBeds bands really work?
They are effective in keeping mosquitos at bay. The only reason these four stars were given is that they stink up their wrist for a long time after they take them off. His wife wore four of these today while mowing the yard and suffered seven mosquito bites in 10 minutes. One of the bites happened to be just adjacent to the band.
Where do bed bugs lay their eggs?
These so-called bugs lay their eggs in bed mattresses or furniture cushions. Bed bugs choose these settings because they are often dark, safe, and close to the human or animal on which they are feeding. Bed bugs, on the other hand, may lay eggs in walls, baseboards, or flooring.
Is BuggyBeds available for purchase?
BuggyBeds accessories are delivered free of charge.
Where can I get BuggyBeds?
BuggyBeds are now available at Bed Bath & Beyond, Burlington Coat Factory, and Home Depot, as well as straight through the manufacturer’s website.
