BagBowl Shark Tank Net Worth 2023

BagBowl Shark Tank Net Worth

BagBowl is a company that was featured on the reality series Shark Tank in Season 4. The Fleming brothers pitched their product, which turns any bag into a bowl, to the Sharks and received mixed reactions.

Robert Herjavec offered them $40,000 for a 45 percent stake of BagBowl, while Lori Greiner offered them $40,000 for a 33 percent stake of BagBowl.

Ultimately, Lori Greiner invested in BagBowl and the valuation of the company was estimated to be around $120,000.
Unfortunately, BagBowl never took off after its appearance on Shark Tank and it is unclear what its current net worth is as of 2023.

The company ran until around 2018 and released additional products such as the Daddio Spill Stopper Training Cup and updated versions of the original BagBowl.

What is BagBowl? Who is the founder of BagBowl?

BagBowl is an innovative and beneficial product that can be transformed from a bag into a bowl in a matter of seconds with just a few simple hand movements. This unique concept of using the same product in two different ways is both inventive and convenient.

The fact that it is easily convertible means that anyone can use it. If you have packed something to eat in the BagBowl, you don’t need to bring an additional bowl because you can simply use the same container. It is also eco-friendly since it is both recyclable and reusable.

Kevin and Brian Fleming are the creators of BagBowl. Kevin initially designed it to transport his dog while also providing a portable dish for him to eat and drink from.

BagBowl can convert any ordinary plastic bag into a portable serving dish, including sandwich bags, two-gallon zip locks, and more. It’s perfect for various occasions like picnics, potlucks, and tailgate parties.

When not in use, BagBowl can be easily folded flat for storage. It is made of BPA- and phthalate-free polypropylene, similar to milk jugs, and can be microwaved or washed in the dishwasher.

Brian is a real estate developer with a background in marketing, while Kevin previously worked as a manufacturer of various products. The creation of BagBowl brought the brothers together due to its potential success.

In 2011, they attempted but failed to enter BagBowl into Wal-Mart’s Get on the Shelf sweepstakes. It is a patented product, and production arrangements are already in place.

Overall, BagBowl is a convenient and environmentally-friendly product that can simplify your life in various situations.

BagBowl Shark Tank Pitch

Brothers Brian and Kevin Fleming presented their product, BagBowl, on an episode of Shark Tank (Episode 404). BagBowl is a plastic sleeve that can transform any bag into a bowl and can be used for snacks or storage.

The brothers intended to market their product to snack and chip producers, as well as storage bag manufacturers.

During their pitch, the brothers put on a humorous performance, growling and acting goofy. Mark Cuban referred to them as “wantrepreneurs.” The brothers asked for a $40,000 investment for a 33% stake in their company, which was valued at $121,212.

While Mark, Daymond, and Kevin declined to invest, Robert was impressed with the product and offered $40,000 for a 45% stake. Lori believed the product would sell well on QVC and offered the requested $40,000 for a 33% stake.

The brothers closed a deal with Lori after some comical banter with the Sharks. Although the BagBowl is available on Amazon, it was not available for purchase for two months after the show aired due to a production delay. The product was also advertised on QVC but is currently unavailable on that site.

The Fleming brothers also released a new product called the Daddio Spill Stopper Training Cup, which received mixed reviews on Amazon.

The business was closed in February 2018, and the brothers pursued other endeavors. Brian returned to real estate, while Kevin began working in cloud computing.

Net Worth of BagBowl

The company valuation was $121,212 during and after the pitch, since then the company went out of business in 2018 and hence the company net worth is not available.

BagBowl Shark Tank Updates

Bag Bowl is a product that was pitched on Shark Tank in Season 4, Episode 4. The product was invented by brothers Kevin and Brian Fleming of Kansas City, Missouri.

Bag Bowl is a foldable, plastic storage zip bag that can be turned into a bowl. The brothers were seeking $40,000 in exchange for a 33% equity stake in their invention. Lori Greiner made a deal with the brothers and invested $40,000 for 33% equity.

After the Shark Tank show, the Bag Bowl was not available for more than two months due to manufacturing issues. The product was eventually fixed, and the $40,000 deal with Lori was finalized.

The brothers also came out with themed BagBowls in different designs. They also released additional products such as the Daddio Spill Stopper Training Cup and updated versions of the original BagBowl.

Unfortunately, BagBowl never took off after its appearance on Shark Tank, and it is unclear what its current net worth is as of 2023. The company ran until around 2018.

Kevin Fleming became Vice President of Business Development and Channel Sales at Cavern Technologies after the show and recently moved to London, where he is now Managing Director at IDEAPULT, a sales company for US companies looking to sell their products in Europe.

BagBowl Shark Tank Table Summary:

TOPIC		INFORMATION
Company		BagBowl
Shark Tank Appearance		Season 4, Episode 4
Shark Tank Pitch		Brian and Kevin Fleming presented their product, BagBowl, which can transform any bag into a bowl, for a $40,000 investment for a 33% equity stake
Sharks		Mark, Daymond, and Kevin declined to invest. Robert offered $40,000 for a 45% stake, while Lori offered $40,000 for a 33% stake
Deal		Lori invested $40,000 for a 33% stake
Company Valuation		$121,212
Products		BagBowl, Daddio Spill Stopper Training Cup, updated versions of BagBowl
Net Worth		Not available as the company closed in 2018
Founders		Kevin and Brian Fleming
Current Status		Kevin is the Managing Director at IDEAPULT, a sales company for US companies looking to sell their products in Europe. Brian returned to real estate.
What is BagBowl?	A foldable, plastic storage zip bag that can be turned into a bowl. It is a patented product made of BPA- and phthalate-free polypropylene, similar to milk jugs, and can be microwaved or washed in the dishwasher.
Updates	The brothers released additional products such as the Daddio Spill Stopper Training Cup and updated versions of the original BagBowl, which received mixed reviews. Kevin Fleming pursued other endeavors and is now Managing Director at IDEAPULT, a sales company for US companies looking to sell their products in Europe.

BagBowl FAQs

What Is Bagbowl And How Does It Work?

BagBowl is a collapsible bag that can be transformed into a bowl with a few seconds of handwork. It is a unique and innovative idea of using one product in two different ways.

BagBowl was founded by Kevin and Brian Fleming, who created it to transport a dog while also giving an additional dish for him to defecate in.

BagBowl converts any ordinary plastic bag into a portable serving dish, accommodating a variety of bags, such as sandwich bags and two-gallon zip locks. It is ideal for picnics, potlucks, and tailgates.

BagBowl is easily convertible, which means that anybody can execute it. It is collapsible and can be stored flat when not in use.

BagBowl is made of BPA- and phthalate-free polypropylene, which is safe for microwaving and dishwasher use.

It is also recyclable and reusable. BagBowl reduces the burden of carrying bowl sets and washing them after use.

BagBowl appeared on Shark Tank in Episode 404, where the Fleming brothers pitched their product to the Sharks. They unsuccessfully entered BagBowl into Walmart’s Get On the Shelf contest in 2011.

After airing on Shark Tank, BagBowl became available just before Christmas 2012. The product is patented, and the brothers have manufacturing. BagBowl is available on Amazon for $14.99 plus shipping and handling.

Who created?

The creators are Brian Fleming and Kevin Fleming.

What Was The Outcome Of Bagbowl Shark Tank Pitch?

BagBowl is a product that turns any bag into a bowl, and it was pitched on Shark Tank in Season 4, Episode 4.

The founders, Kevin and Brian Fleming, asked for a $40,000 investment for 33% of their business. The Sharks were impressed by the product, but Mark Cuban called the brothers “wantrepreneurs”. Lori Greiner offered them $40,000 for a 33% stake in the company, and they accepted the deal.

After the Shark Tank episode aired, BagBowl was not available for two months due to production difficulties. However, it became available just before Christmas in 2012.

The product is now readily available on Amazon and ships in a few weeks. BagBowl also released themed versions of their product in 2013.

According to the demand they received from Shark Tank, the value of BagBowl was around $120,000. The founders also released additional products, such as the Daddio Spill Stopper Training Cup and updated versions of BagBowl. The company ran until around 2018.

Did Any Of The Sharks Invest In Bagbowl?

Yes, Lori Greiner invested $40,000 for a 33% stake in BagBowl after their pitch on Shark Tank. The pitch was described as hilarious and silly, with the brothers barking, growling, and acting generally silly while introducing the Sharks to their product.

The BagBowl was not available for two months after their appearance on the show due to production difficulties, but it became available just before Christmas 2012. The product is now readily available on Amazon and ships in a few weeks.

What Happened To Bagbowl After Appearing On Shark Tank?

Bag Bowl is a foldable bag that can be transformed into a bowl with a few seconds of handwork. The product was pitched by brothers Brian and Kevin Fleming in Shark Tank Episode 404. Lori Greiner agreed to invest $40,000 for 33% equity in Bag Bowl. The deal was eventually finalized.

However, due to manufacturing issues, the product was unavailable for more than two months after the episode aired. The Bag Bowl is now available on Amazon.

Unfortunately, Bag Bowl never took off as a popular product on the market. Greiner’s skill on QVC got the product in front of more American customers, but there were no significant sales.

In summary, Bag Bowl was able to secure a deal with Lori Greiner on Shark Tank, but due to manufacturing issues, the product was unavailable for more than two months after the episode aired.

The product is now available on Amazon, but it never became a popular product on the market.

Is BagBowl still in business?

No, BagBowl is no longer in business. The company went out of business in 2018.

Where was BagBowl located?

BagBowl was located in Phoenix, Ariz.

What is BagBowl website?

They don’t have a website at the moment.

Where can I buy BagBowl?

The product is currently only available for sale on Amazon.

What is the Customer Service number of BagBowl?

Customer services number of BagBowl was not available.

What was BagBowl’s product?

The BagBowl was a foldable bag that could be transformed into a bowl by simply folding it. It accepted a variety of different plastic bags, including sandwich bags, two-gallon zip locks and others.

What is the origin and age of BagBowl?

The brothers came up with the idea for BagBowl to prevent any washboards or mess in their dog.

How many types of bags can be used for BagBowl?

There are multiple types of bags that can be used for BagBowl, including sandwich bags, two-gallon clear zip locks, etc.

What is BagBowl made of?

The BagBowl is made out of BPA and phthalate free polypropylene (PP). It is microwave- and dishwasher safe.

Was BagBowl safe to use?

BagBowl is safe to use since it is made of BPA and phthalate free polypropylene (PP).

How much was BagBowl?

The price of a single BagBowl was $3.99, while a pack of three cost $11.66.

What were the payment methods accepted by BagBowl?

The payment methods accepted by BagBowl include MasterCard, Visa, American Express, Discover, and PayPal.

How quickly were orders placed for BagBowl?

The delivery of BagBowl took between two to three weeks.

Where are the ingredients and materials sourced?

The bag is manufactured by a small company in Arizona called Batch 4 MFG. The bag is BPA and phthalate free.

Was BagBowl shipping?

Yes, the shipping of BagBowl was free.

How much does BagBowl weigh?

It weighs about 2 ounces, which is a little less than the typical plastic bag.

What is the warranty on BagBowl?

The warranty on BagBowl is one-year, and it covers all manufacturing defects. The product can be returned for a full refund.

What is the net worth of Brian Fleming?

Brian Fleming’s net worth is not available.

How much is the net worth of Kevin Fleming?

Kevin Fleming’s net worth is estimated at $1.5 million.