What Happened to Goverre after the Shark Tank?
What exactly is Goverre?
Goverre is a travel-friendly wine glass tumbler with a silicone sleeve and a drink-through lid. The sleeve makes drinking more comfortable and keeps the glass from rolling about carelessly.
Goverre was founded in 2015 by Shannon Zappala and Regan Kelaher. Goverre arose from their passion for good wine, dislike for plastic glasses, and admiration for Southern California’s outdoor lifestyle.
Shannon and Regan were both well-placed in corporate America. Years of experience and many late nights debating about their favorite beverage later, inspiration struck, and both thought it was time to follow their goal of starting a business.
Shannon Zappala and Regan Kelaher, both with extensive marketing expertise, joined Goverre as full-time employees in 2017.
Who is the creator of Goverre?
Goverre was created by Shannon Zappala. She has extensive expertise in the hotel, marketing, and financial industries.
Goverre was founded in 2015 by Shannon Zappala and Regan Kelaher. Goverre arose from their passion for good wine, dislike for plastic glasses, and admiration for Southern California’s outdoor lifestyle.
Shannon and Regan were both well-placed in corporate America. Years of experience and many late nights debating about their favorite beverage later, inspiration struck, and both thought it was time to follow their goal of starting a business.
The Goverre stainless wine glass, which has a silicone sleeve and a Sippy top, was created in collaboration by the two.
The two friends funded the $15,000 needed to purchase a prototype. They were unable to create enough interest to reach their first Kickstarter goal.
They established their company in 2014 after a successful Kickstarter campaign earned $63,457.
The money was used for tooling, engineering, and the first run of production. Since then, they’ve been selling the product on Amazon and through their website.
What Happened to Goverre During His Shark Tank Pitch?
After successfully raising $63,457 through a Kickstarter campaign, they decided to seek investors through a Shark Tank pitch.
Shannon and Regan approached the Shark Tank seeking $200,000 in exchange for a 13% ownership in their company, worth $1.5 million.
On the pitch, they go on to detail how their firm has grown and how they achieved $500,000 in sales in a year.
The Sharks were so impressed with the company’s operations and sales that they all made an offer.
Kevin O’Leary was the first to submit a $200,000 bid for 33.3% ownership of the firm.
Herjavec, Robert Mark Cuban, and Lori Greiner make the identical share offer, but Kevin O’Leary was out of the deal by the other Sharks. Shannon, Regan, and the three Sharks complete the deal.
What became of Goverre following his appearance on the Shark Tank?
The trade with the Sharks went off without a hitch. The $200,000 was allocated to inventory, manufacturing, and cash flow.
They also worked together to include Goverre in the VinGardeValise, a wine baggage built for wine connoisseurs on the go.
Mark Cuban has relocated to the company’s fulfillment center in Dallas. By 2021, they want to have things available at over 800 locations around the country. The company is still in business today, with annual revenues of $1 million.
Goverre’s competitors
The market is crowded with rivals for the firm. Branson Beverage Containers, Beverage Warehouse, Klean Kanteen, Shannons Wines, and BlueBottleWineCaddy.com are among them.
Goverre’s net worth
The company is still in business and the net worth is estimated to be about $2 million.
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Goverre FAQs
What does Goverre sell?
Goverre sells wine glass tumblers that are insulated and fit into a travel bag.
What is the company’s mission?
The company mission is to bring people together and make the world a better place – through wine, of course.
Who is the founder or owner of the firm?
Shannon Zappala is the founder of Goverre. She has extensive expertise in hotels, marketing, and financial industries.
Where is Goverre headquarters?
The headquarters of Goverre is in Southern California.
How much does the company charge for its product?
The wine glasses sell for $50 and $60. The travel bag sells for $60 to $70. The pitcher costs around $100 to $120 depending on size and color.
How does Goverre work?
As its name suggests, the company makes wine glass tumblers that can fit into a travel bag. The silicone sleeve keeps the glass from rolling about, and the Sippy top keeps it from spilling.
What does Goverre look like?
The company’s products are available in three colors: blue, purple, and gray. The product packaging is made of recycled materials and designed to fit into travel bags.
Does Goverre shipping their products?
The company has a free shipping policy.
Why do people like Goverre?
People like Goverre because it makes carrying wine glass tumblers and accessories more convenient than plastic alternatives.
What is the warrant of Goverre?
The warranty is limited to manufacturing defects.
How is Goverre different from competitors?
The company has a second wine glass, which does not come with the silicone sleeve. It also has a wine bottle. The travel bag is made of recycled materials and can fit two wine glasses, two wine bottles and two Sippy tops.
How long does Goverre take on delivery?
The company has a two-to-four working day fulfillment policy.
What is Goverre return policy?
If the customer is not satisfied with their purchase, they can return the item within 30 days of delivery and receive a full refund.
How can I make payment to Goverre?
Any major credit cards are accepted.
How often does Goverre add new products to their line?
The company releases occasional limited edition products on Amazon. The products are also available on their website and through social media platforms like Facebook and Twitter.
What wine glasses does Goverre offer?
The company has two different kinds of glasses: the original Goverre glass and the Original 3-Pack glass. The latter contains 3 wine glasses that each fit into a Sippy top.
Is Goverre reusable?
The company does not recommend that customers wash the product in the dishwasher.
Is Goverre recycled?
The company does not work with recyclers and does not have a recycling policy.
Who is the target customer for Goverre?
The customer is anyone who wants to drink wine on the go.
