What Happened to DreamPad after Shark Tank?
What exactly is DreamPad?
The DreamPad is a unique and therapeutic pillow that delivers sound and music directly to the user’s inner ear, assisting relaxation and inducing a good night’s sleep.
Randall Redfield of Long Island, New York, co-founded Integrated Listening Systems (ILS) in 2007 with the purpose of encouraging health and stress reduction via music and exercise.
ILS eventually created the DreamPad, a totally new type of technology designed to solve our increasingly chaotic lives, with a strong emphasis on research and development.
Randall’s experience with the DreamPad, which was introduced in November 2016, was far from calm and stress-free.
Who is DreamPad’s founder?
Randall’s experience with the DreamPad, which was introduced in November 2016, was far from calm and stress-free.
Randall Redfield of Long Island, New York, co-founded Integrated Listening Systems (ILS) in 2007 with the purpose of encouraging health and stress reduction via music and exercise.
ILS eventually created the DreamPad, a totally new type of technology designed to solve our increasingly chaotic lives, with a strong emphasis on research and development.
The American Institute of Stress and the International Society for Traumatic Stress Studies were among the stress research organizations with whom ILS partnered.
To create the DreamPad, this was originally meant as a soothing tool for youngsters suffering from high levels of anxiety, particularly those who had experienced trauma or were autistic.
The appeal of DreamPad, on the other hand, was that it could be used by anybody who experienced high levels of stress or anxiety, a population that is rising year after year.
Set music and timing on the DreamPad app, and then connect it to their DreamPad pillow for a peaceful night’s sleep. The high-tech cushion costs $149.
What Happened to DreamPad’s Pitch on Shark Tank?
Randall approached Shark Tank seeking $800,000 in exchange for a 10% share in his firm, worth $8 million.
He then goes on to highlight the product’s importance to the users. Furthermore, when Randall was on the pitch, the company’s sales were $600,000 and were predicted to be $1.2 million; from the sales, Randall got $150,000 as part of his remuneration.
Mark Cuban, Robert Herjavec, Kevin O’Leary, Bethenny, and Lori Greiner were all out since the company’s worth was so high.
Randall quit the pitch after the deal with the Shark Tank investors fell through.
What happened to DreamPad after it was shown on Shark Tank?
Randall departed the pitch without concluding a deal with the investors. The company ran a Kickstarter campaign for DreamPad 2.0 in April 2019, raising $75,258.
In 2021, the company is still in business. Their products may be found at Walmart, Bed Bath & Beyond, Amazon, and other shops. The company’s yearly revenue is estimated to reach $6 million.
DreamPad’s net worth
The company is still in business and has an estimated net worth of $8 million during the pitch.
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DreamPad FAQs
Can the DreamPad curb noise inside the body with sound?
Yes. Sound waves are used by the DreamPad to resonate against the body’s inner ear.
Can DreamPad recommend headphones for specific needs?
Sure. Listening to music via DreamPad lying down is said to be more relaxing, but the product can also be used with headphones for a more intense workout.
Can the DreamPad work for adults and kids?
Yes, it can be used by children as well. It’s meant for children who are going through extreme stress and anxiety.
Is the DreamPad safe to use?
Yes, it is totally safe as long as they don’t overuse it or misuse it at all.
Can the DreamPad be used without music?
Yes. It can be used without music and it’s said to be effective on its own.
What is the purpose of DreamPad?
The DreamPad, which is actually an advanced pillow, is meant to help users relax. It uses sound waves to soothe and stress out the users.
Why is the DreamPad safer than earplugs?
Earplugs are often made of foam or rubber. These may easily cause discomfort and even infections. The DreamPad’s technology, on the other hand, relieves stress and anxiety unlike any other pillows in the market today. It reduces stress by bombarding the ear with sound waves that are therapeutic in nature.
What is the return policy of DreamPad?
According to Randall, the DreamPad is totally returnable. However, the customer has to pay for charges, shipping and handling.
Are you able to connect DreamPad with a smartphone?
Yes. Users can set music and timing on the DreamPad app, and then connect it to their DreamPad pillow for a peaceful night’s sleep.
Does the DreamPad have Bluetooth?
No, it doesn’t have any connection with Bluetooth or Wi-Fi. It has a proprietary technology that sends sound waves directly into its ear canal.
How long does DreamPad take for delivery?
DreamPad will take approximately 10-12 business days to be delivered.
Where can the DreamPad be bought?
DreamPad is sold at Amazon, Walmart, Bed Bath & Beyond, and other shops.
How loud is the DreamPad?
The DreamPad can reach levels of up to 95 decibels. However, it’s unlikely that it will reach such a level since it’s a pillow.
Does the DreamPad come with a warranty?
The product comes with a one-year warranty from the manufacturer.
How do I make payment to DreamPad?
If a customer wishes to purchase the DreamPad, the customer may send money via PayPal and call or email to make the payment.
Are there any volume controls for this device?
No, there are no volume controls for this device. The volume is fixed to 100 percent.
Does the DreamPad work with other pillows?
No, it’s designed for use with the pillows that are supplied by the company.
What is the shipping cost of DreamPad?
The shipping cost of DreamPad is $6 USD. It will take 10 to 12 business days for the device to be delivered.
How much does one DreamPad cost?
The DreamPad costs approximately $149. Customers who buy the DreamPad through the official website get a $50 discount.
Who is DreamPad for?
DreamPad is for anybody who experiences high levels of stress and anxiety. The product is made especially for children and adults who are going through extreme stress.
What is the difference between the DreamPad and other pillows?
The DreamPad has a proprietary technology that sends sound waves directly into their ear canal. It’s said to work better when used with this pillow, compared to other pillows that use sound waves to emit noise inside the ear cavity.
