AirBedz Shark Tank Update | What Happened to AirBedz after Shark Tank?
What is AirBedz?
AirBedz is an innovative truck bed air mattress that provides a comfortable night’s sleep for outdoor enthusiasts.
Its heavy-duty, puncture-resistant material and unique design, featuring cutouts on either side that fit over the wheel wells, maximizes the use of the truck bed space.
With a built-in rechargeable pump, it inflates and deflates quickly and easily, and an integrated air coil system evenly distributes weight for added support. James Pittman, owner of Pittman Products International, holds the original patents for this type of mattress and has additional patents pending.
Who is the founder of AirBedz?
James Pittman, the founder of AirBedz and the owner of Pittman Products International in La Mirada, California, is known for creating air mattresses that prioritize comfort, affordability, and ease of use.
Instead of getting into a legal battle over a patent, he received a strongly worded letter asking him to take down a post, but decided against it because he values free speech.
Upon checking the statistics, he realized that only a small fraction of the visitors to his website were there for the AirBedz post, and many of them were likely from his own legal team’s IP addresses, so he chose not to make a big deal out of it.
What Happened to AirBedz at Shark Tank pitch?
In episode 313 of Shark Tank, the founder of AirBedz, James Pittman, pitches his company to the Sharks. He is seeking a $250,000 investment in exchange for 15% of his company, which is valued at $1.7 million.
James demonstrates the product by laying on a mattress on top of a pick-up truck, and explains that the camping and outdoor sector is worth $56 billion annually.
The Sharks ask questions about the product, such as its design and ease of inflation, and James provides answers.
Mark expresses interest, but advises James to improve his sales efforts, while Barbara offers $250,000 for 50% of the company, which James counters with 25%. In the end, James leaves the pitch without a deal.
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What Happened to AirBedz after Shark Tank?
After appearing on Shark Tank and not securing a deal, James improved his marketing strategy and expanded his product line for AirBedz.
The company’s website has been updated and they are now sold in multiple retailers, including Costco, Sears, and Sierra Trading Post.
The prices of the products have also dropped.
The company has expanded their product line to include AirBedz Pets, accessories, a backseat mattress and air mattresses with their own pump technology. As of January 2022, the company was still in operation with an annual revenue of $1.7 million.
Net Worth of AirBedz
The company was valued at $1.7 million during and after the pitch, and as of January 2022, it had an annual revenue of $1.7 million, indicating an increase in its net worth.
AirBedz FAQs
What is AirBedz?
AirBedz are inflatable truck bed and camping bed pads. These inflatable bed pads enable users to sleep in a vehicle with greater comfort than their standard truck beds, providing them with additional sleeping space.
Who is the inventor?
James Pittman, co-founder and CEO of AirBedz.
How much was asking on Shark Tank?
James was asking for $250,000 for 15% of the company, which worth $1.7 million.
Did he have the deal?
No, he didn’t have the deal on Shark Tank.
Is AirBedz still in business?
Yes, AirBedz is still in business as of January 2022.
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Where is the location of AirBedz?
AirBedz is headquartered in San Antonio, Texas.
What are the qualities of AirBedz?
AirBedz are inflatable truck bed and camping bed pads that provide users with a comfortable place to sleep. These airbeds can both protect against unwanted dampness and provide additional sleeping space.
What is the target market of AirBedz?
The target market is the owners of trucks and SUVs who want to sleep in their vehicles more comfortably. The upper limit of AirBedz is that they can fit into a full size 8 foot box truck bed.
What is the cost of AirBedz?
AirBedz cost $200 and $269.
Are there any affiliate programs in AirBedz?
Yes, AirBedz have a referral program that allows affiliates to earn commissions.
What is an affiliate program in AirBedz?
An affiliate program in AirBedz allows one to earn commissions on products sold by the company. These commissions can be paid out to them through a refund check or payment for sales made through their account for at least six months.
How do I market AirBedz?
One can market AirBedz through, affiliate marketing, blogging and social media campaigns.
What is the annual revenue of AirBedz?
AirBedz had annual revenue of $1.7 million as of 2022.
Is AirBedz shipping?
Yes, AirBedz offer free shipping across the United States, with a minimum order of $49.
Is AirBedz tax deductible?
No, AirBedz are not tax deductible.
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How do I pay AirBedz?
Customers can pay AirBedz through PayPal and Credit Card.
Does AirBedz have any patents?
AirBedz do not have any patents.
What is the size of AirBedz?
The sizes available in airbeds include full-size 8 foot truck beds to half-size 6 foot truck beds.
Which product is best of AirBedz?
The Backseat inflatable mattress is the best product in airbeds. It comes with a pump, allowing one to adjust the bed as they see fit. The back seat inflatable mattress also has an integrated pump, which can be stowed away if not in use.
Where is James Pittman now?
James Pittman is now CEO of the AirBedz.
What is the net worth of James Pittman?
James Pittman has an estimate net worth of $5 million.