Beddley Duvet Net Worth 2023 | Beddley Duvet Shark Tank Update

What is Beddley Duvet?

Beddley Duvet is a company that designs a unique covers for duvets. The cover is easy to fit using ties and zippers, and it comes in two types: Sleep Easy and Zero Stress.

Both types of covers are made of 100% Egyptian cotton and available in three sizes: Twin/Twin XL, Full/Queen, and King/California King. The Sleep Easy line is available in two sizes, queen and king, and costs $139 and $149 respectively.

The Zero Stress line is available in three colors and costs $165 for a queen and $185 for a king. The Beddley duvet cover has zippers on three sides, making it easy to put on and take off, and eliminating the need to struggle with stuffing the insert into the cover or shaking it into place.

It is simple enough for even individuals with limited mobility or children to use.

Who is the Founder of the Beddley Duvet?

The founder of Beddley Duvet is Lola Ogden, an inventor, and entrepreneur. She holds an MBA from Columbia Business School and has a background in STEM (chemical and physics) and finance and technology.

This is not her first business venture, as she also founded GapEnder, a women’s clothing solution for ensuring the perfect fit for dress shirts. She was inspired to start Beddley Duvet due to her frustration with the tedious task of stuffing her duvet into the cover.

Her goal is to create solutions that address everyday difficulties and improve people’s quality of life. Lola appeared on Shark Tank season 11 episode 18, seeking $150,000 for a 10% stake in her company, which translates to a $1.5 million valuation.

What happened to Beddley Duvet Shark Tank Pitch?

In Shark Tank season 11 episode 18, Lola, the founder of Beddley Duvet, appeared on the show seeking $150,000 for a 10% stake in her company, which translates to a $1.5 million valuation.

The Sharks were only moderately interested when she presented her product. However, when they found out she barely had $12,000 in sales for the year, they were not impressed and rejected her valuation.

Beddley had appeared in two Macy’s pop-up stores and was trying to get on QVC. Lori liked the product and thought it was of high quality but decided not to invest.

Mark liked the entrepreneur and product but not the sales statistics and said she hadn’t budgeted enough for marketing. Daymond also said that he believed the product was a great idea but he was out as she hadn’t sorted out her sales.

Robert admired her entrepreneurial drive but said she hadn’t done a good job of explaining how Beddley would earn his money, so he withdrew. Lastly, Mr. Wonderful said “No. Never. No. I’m out.” Beddley was unable to secure a deal with any of the sharks.

What happened to Beddley Duvet Shark Tank Pitch?

Beddley Duvet appeared on Shark Tank season 11 episode 18 seeking $150,000 for a 10% stake in the company, which translates to a $1.5 million valuation.

The Sharks were only moderately interested when she presented her product, but when they learned that she barely had $12,000 in sales for the year, they rejected her assessment.

Beddley had appeared in two Macy’s pop-up stores and was trying to get on QVC. Lori liked the product and thought it was of high quality but decided not to invest.

Mark liked the entrepreneur and product but not the sales statistics and said she hadn’t budgeted enough for marketing. Daymond also said that he believed the product was a great idea but he was out as she hadn’t sorted out her sales.

Robert admired her entrepreneurial drive but said she hadn’t done a good job of explaining how Beddley would earn his money, so he withdrew. Lastly, Mr. Wonderful said “No. Never. No. I’m out.” Beddley was unable to secure a deal with any of the Sharks.

Despite not receiving a deal on Shark Tank, Beddley Duvet continued to operate. However, as of June 2020, due to the Covid-19 pandemic, most goods were out of stock. However, as of June 2021, the company has $4 million

Beddley Duvet after the Shark Tank Pitch

Despite not receiving a deal on Shark Tank, Beddley Duvet continued to operate. However, due to the COVID-19 pandemic, most goods were out of stock as of June 2020.

By June 2021, the company had $4 million in lifetime sales and resumed selling on a pre-order basis, with deliveries arriving before Christmas.

It seems that the supply chain concerns have been resolved for the time being. The net worth of Beddley Duvet is not publicly available, but at the time of the Shark Tank pitch, the company was valued at $1.5 million.

Beddley Duvet Net Worth

Lola appears on Shark Tank season 11 episode 18 in search of $150,000 for a 10% stake in her company. This translates to a $1.5 million valuation (Beddley Duvet Net Worth).

Beddley Duvey has seen immense growth and success since its appearance on Shark Tank and is expected to have an even higher value (net worth) in 2023.

Beddley Duvet Competitors

There is no competitor identified for Beddley Duvet.

Beddley Duvet FAQS

What is Beddley Duvet?

Beddley Duvet is a firm that designed a one-of-a-kind cover that can be simply fitted to a duvet using ties and zippers.

Who is the creator of Beddley Duvet?

Lola Ogden, an inventor, attended Arizona State University and holds an MBA from Columbia Business School.

Despite her STEM (chemical and physics) training, her career has been focused on finance and technology, with the majority of her experience in the financial business.

How much was she seeking in the Shark Tank Pitch?

She was seeking $150,000 for a 10% stake in her company. This translates to a $1.5 million valuation.

Did she get the deal from the Sharks?

No. Beddley was unable to strike a bargain with any of the sharks.

What are the main features of Beddley Duvet?

Beddley Duvet zips and unzips on three sides. There will be no more strain as they try to stuff the insert into the cover or shake it into place.

Is Beddley Duvet still in business?

In November 2021, she resume selling on a “pre-order” basis, with delivery taking place “before Christmas.” Those deliveries did arrive before Christmas, and it appears that the supply chain concerns have been fixed – for the time being.

What episode was Beddley Duvet featured?

Lola appeared on Shark Tank season 11 episode 18.

When was Beddley Duvet aired on Shark Tank?

The episode was aired on April 3rd, 2020.

Where is Beddley Duvet located?

Beddley Duvet is located in Los Angeles, California.

How much is Beddley Duvet cost to purchase?

It cost $57.50 to create one Beddley and is sold for between $130 and $140.

What is net worth of Lola Ogden?

Lola Ogden’s net worth is unavailable.