What Happened to Sleeping Baby After the Shark Tank Pitch?
What is Sleeping Baby/ Zipadee-Zip?
Sleeping Baby is a company established in Fort Worth, Texas that makes one-of-a-kind swaddling outfits known as Zipadee-Zips.
The Zipadee-Zip keeps the baby’s hands warm throughout the night and aids in self-soothing so that he or she may go back to sleep.
This teaches the baby that it does not need to be carried to sleep again, giving you greater peace of mind when putting your baby down.
In addition, it saves time in numerous ways. Swaddling a new-born is significantly handier than a simple zipper.
Furthermore, the Zipadee-Zip can be easily removed for diaper changes, making it a considerably more handy option than pajamas when traveling.
It also protects your baby from viruses that may get on his or her hands, resulting in fewer sick babies!
Even better, use does not have to stop as the new-born grows into a toddler. Zipadee-Zip is available in several sizes, including 3-6 months, 6-12 months, 12-24 months, and larger.
Who is the Founder of Sleeping Baby?
Brett and Stephanie Parker are the founders and designers of Sleeping Baby, which produces the Zipadee-Zip, a wearable blanket. The Parkers invented Sleeping Baby out of need, as many inventors do.
When their baby was born, she struggled to sleep through the night as she moved from swaddling.
The Parkers became sleep deprived parents when their new born wriggle out of her swaddling blanket and woke up.
Swaddle transition issues are common with new-borns, and they will eventually outgrow them, but waiting months and having restless nights in the interim is difficult for any parent.
What happens is that new-borns acquire the startle reflex, which causes them to awaken abruptly.
New-borns wriggle and scrape at themselves in their cribs without the womb-like warmth of a swaddle blanket, keeping parents awake.
Stephanie stayed up late one restless night stitching the prototype for the Sleeping Baby Zipadee-Zip. She slept peacefully when she tried it on her new-born.
Wearable blankets from Sleeping Baby give new-borns with the comfort of a swaddle blanket while allowing them some movement.
As a result, startling is reduced, resulting in a more comfortable night for both new-borns and their parents.
They made the decision to open an online store to offer the Sleeping baby blankets. Despite their initial slow development, they established a reputation and a huge number of satisfied customers.
What Happened to Sleeping Baby at the Shark Tank Pitch?
The narrative opens at the Parkers’ house, where they explain that they had a miscarriage last year and were forced to quit from their business.
The organization was able to maintain operations due to the outpouring of support from its customer base. Brett and Stephanie entered the Tank looking for $200,000 in return for a 10% ownership in their company. This works out to a $2 million valuation.
According to their website, the product sold 25,000 pieces, amounting to “a bit more than $1 million.” The Parkers stated that their initial investment in the enterprise was $700.
Stephanie indicated that the selling price was between $35 and $40 when Robert Herjavec enquired.
The Sharks were taken aback by the Parkers’ business and moved by their story of a lost kid.
Lori is the first to contribute $200,000 for a 25% ownership in the Zipadee-Zip, appreciating the time and work necessary to brand the Zipadee-Zip.
Daymond wants the Parkers to decide if they want to sell the product in stores, as Lori intends.
Mr. Wonderful advises them against going retail and offers $200,000 in return for 20% of their business if they don’t.
Daymond accepts Kevin’s offer and declares that he will conduct a retail market test.
Mark congratulates the Parkers on their achievements, but he, like Robert, is unable to attend.
They approach Daymond about manufacturing help with three bids on the table, and Brett answers with $200,000 for a 15% ownership.
Daymond maintains his 20% limit, claiming that he would normally want 33%. The Parkers accept and finish the deal! In the hallway, they admit that Daymond was their first choice.
What Happened to Sleeping Baby After the Shark Tank Pitch?
Despite the fact that the transaction with Daymond never happened, Sleeping Baby is still available as of December 2021. The company’s annual revenues are $5 million.
What is the Net Worth of Sleeping Baby?
Brett and Stephanie entered the Tank looking for $200,000 in return for a 10% ownership in their company. This works out to a $2 million valuation.
They accepted Daymond’s offer of $200,000 for a 20% ownership in the company, bringing the worth to be $1 million.
Who are the Competitors of Sleeping Baby?
Sleeping Baby does not have any competitors.
Sleeping Baby FAQS
What is Zipadee-Zip?
Zipadee-Zip is a wearable blanket that keeps the baby’s hands warm throughout the night and aids in self-soothing so that he or she may go back to sleep.
Why Zipadee-Zip?
Swaddling a new born is significantly handier than a simple zipper.
Additionally, the Zipadee-Zip can be easily removed for diaper changes, making it a considerably more handy option than pajamas when traveling.
How does Zipadee-Zip Work?
It warms up their baby’s hands, allowing him or her to sleep peacefully during the night.
Where can they buy Zipadee-Zip?
They can buy Zipadee-Zip from the official website as well as many other online stores.
Where is Sleeping Baby located?
The company is based out of Fort Worth, Texas.
How can they contact them?
They can reach them through their email at [email protected]
What is the official website?
They can reach them at www.sleepingbaby.com
Who is the founder of Sleeping Baby?
Brett and Stephanie Parker are the founders and designers of Sleeping Baby, which produces the Zipadee-Zip, a wearable blanket. The Parkers invented Sleeping Baby out of need, as many inventors do.
What happened to Sleeping Baby at the Shark Tank?
Brett and Stephanie Parker were in search of $200,000 in return for a 10% ownership in their company. This works out to a $2 million valuation.
How much did they get from the Sharks?
They won a deal with Daymond John of $200,000 for a 20% ownership in the company, bringing the worth to be $1 million.
What happened to Sleeping Baby after the Shark Tank?
The business is doing well, generating an annual revenue of $5 million as of December 2021. The deal with Daymond and Sleeping Baby never happened.
