BoobyPack Sport Bras Shark Tank Net Worth 2023
BoobyPack Sport Bras appeared on Shark Tank and asked for $80,000 for 20% of the company. The company was valued at $400,000 during the pitch[2] and after an investment by Barbara Corcoran, the value dropped to $320,000.
BoobyPack was a stylish sports bra with two zippered pockets that can store valuables such as keys, cash, or cell phones[.
Unfortunately, due to financial issues and the lack of profitability, the company went out of business by December 2017 resulting in its net worth being unavailable.
As of March 2023, the net worth of BoobyPack is unknown as it went out of business
What is BoobyPack Sport Bras? Who is the Founder of BoobyPack Sport Bras?
BoobyPack is a sports bra that has waterproof compartments with zippers, allowing you to store your phone, cash, and credit cards securely.
Christina Conrad is the inventor of BoobyPack, and initially, she designed it to target people who attend electronic dance music events, just like herself. However, she soon realized that the product is also incredibly useful for women who lead an active lifestyle and participate in sports.
The BoobyPack is the perfect sports bra for women who want to keep their valuables safe and within reach. Christina’s own love for the EDM scene inspired her to create this product and provide a secure location for storing important items while attending parties. BoobyPack has a pending patent and is produced in New York City.
Christina Conrad created BoobyPack, a sports bra featuring two side zippered compartments. The product has been dubbed a “fanny pack for your rack,” and its inspiration came about in an unusual way.
Conrad launched BoobyPack on Kickstarter in January 2013 and exceeded her goal of $15,000, raising a total of $32,725.
BoobyPack comes in a range of styles, including a tank top version, and can be purchased on the company’s website. Customers can choose from various colors and customize the product for an additional fee. For a limited time, buyers will also receive a special Shark Tank Top. The cost for each BoobyPack is estimated to be between $54 and $60.
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What Happened to BoobyPack Sport Bras at Shark Tank pitch?
In an episode of Shark Tank, Christina Conrad presents her product called BoobyPack, which is essentially a fanny pack for women’s breasts. She seeks $80,000 investment for a 20% stake in her business, which she values at $400,000. During the pitch, she demonstrates the pockets and hands out samples to the Sharks.
Christina produces BoobyPack for $7 and sells it for $55. She mentions her successful Kickstarter campaign, which helped her make over $160,000 in sales. Although she plans to continue selling online, she wants to expand her business by investing in SEO marketing and advertising.
Mark questions her customer acquisition expenses, which are around $7 per customer. Christina reveals that her father’s inheritance money is funding her venture.
After some negotiation, Mark and Barbara drop out of the deal, citing that they believe the product can’t become a company. Lori also decides to pass on the investment. Robert offers $80,000 for 30% ownership of the business, but Christina counters with a request for $80,000 for 25% equity shares, and Barbara agrees to the offer.
Ultimately, Christina accepts Barbara’s and Robert’s investment offer and secures a deal.
What Happened to BoobyPack Sport Bras after Shark Tank?
After appearing on Shark Tank and striking a deal with Barbara, Christina has witnessed the BoobyPack become an instant hit. Within minutes of her pitch airing on the show, she had already sold over $2000 worth of merchandise online.
Since then, the product’s popularity has grown even more thanks to the media attention it received after the deal with Barbara was finalized. The majority of the website traffic has converted into sales, resulting in increased revenue.
Mothers looking for a convenient way to carry their belongings when out with their small children have found the BoobyPack to be particularly useful. In addition, some diabetics have praised the pockets for being the perfect size for their insulin pumps.
It’s clear that with Barbara’s support, Christina’s dream of building a million-dollar business is within reach. However, Christina has since closed the company in December of 2017 and now resides in England with her spouse, working as a freelance writer as of January 2022.
Net Worth of BoobyPack Sport Bras
The company valuation was $400,000 during the pitch, after the investment done by Barbara Corcoran the company was valued at $320,000. In December 2017 the company went out of business and hence the company’s net worth is not available.
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Boobypack Sport Bras Shark Tank Updates
Christina Conrad pitched the BoobyPack, a sports bra with zippered, waterproof pockets for holding cell phones, credit cards, and cash, to the Sharks in Shark Tank episode 622. The product is patent-pending and made in New York City.
Initially, Conrad targeted the EDM crowd to market her product, but she’s aiming for a broader audience. Barbara Corcoran made a deal with Conrad, offering $80,000 for 25% equity.
The BoobyPack is still available for purchase in 2023. However, a post on gazettereview.com claims that the BoobyPack is no longer available for purchase anywhere. It is unclear which source is more accurate, as there is no official update from the BoobyPack website or social media accounts.
Table: BoobyPack Sport Bras Shark Tank
PARAMETER | INFORMATION |
Company Name | BoobyPack Sport Bras |
Founder | Christina Conrad |
Appearance on Show | Shark Tank |
Investment Sought | $80,000 for 20% of the company |
Valuation | $400,000 during the pitch, $320,000 after investment by Barbara |
Description | Stylish sports bra with two zippered pockets |
Net Worth | Unavailable as the company went out of business in Dec 2017 |
Cost | Estimated to be between $54 and $60 |
Shark Deal | Barbara Corcoran offered $80,000 for 25% equity |
Current Availability | It is unclear if the product is still available for purchase |
BoobyPack Sport Bras FAQs
What Is Boobypack Sport Bras Shark Tank?
BoobyPack is a sports bra with zippered, waterproof pockets for holding cell phones, credit cards, and cash. Christina Conrad invented the BoobyPack to have a secure place to stow valuables when attending raves and festivals.
The product is patent-pending and made in New York City. Conrad ran a successful Kickstarter campaign in early 2013, doubling her funding goal. Later in 2014, BoobyPack was featured on Katie Couric’s show, “Katie,” and won a $10,000 prize for female entrepreneurship.
Conrad pitched her product to the Sharks in Shark Tank episode 622.
The BoobyPack is a stylish sports bra available in a variety of vibrant colors, but simultaneously helps to store valuables through a special zipper along its side. The waterproof zipper allows for guaranteed protection for phones, cash, credit cards.
In Shark Tank, Conrad asked for $80,000 for 20% equity and received $80,000 for 25% equity from Barbara Corcoran. As of 2023, there is no recent update on the BoobyPack’s success or failure after Shark Tank.
How Does Boobypack Sport Bras Shark Tank Works?
The BoobyPack is a sports bra with zippered, waterproof pockets for holding cell phones, credit cards, and cash. It was created by Christina Conrad, who wanted to offer a solution for women to carry their personal belongings while on the go without having to carry a purse.
The BoobyPack is a combination of a fanny pack with a fashionable sports bra. The product is patent-pending and made in New York City.
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Christina Conrad pitched the BoobyPack to the Sharks in Shark Tank episode 622. She initially targeted the EDM crowd to market her product, but she’s aiming for a broader audience. Conrad ran a successful Kickstarter campaign in early 2013, doubling her funding goal.
Later in 2014, BoobyPack was featured on Katie Couric’s show, “Katie,” and won a $10,000 prize for female entrepreneurship. In the Shark Tank episode, Conrad asked for $80,000 for 20% equity and ended up accepting $80,000 for 25% equity from Barbara Corcoran.
The BoobyPack is available in a variety of vibrant colors and acts as a stylish sports bra while simultaneously helping to store valuables through a special zipper along its side. The waterproof zipper allows for guaranteed protection for phones, cash, and credit cards.
What Happened To Boobypack Sport Bras After Shark Tank?
BoobyPack Sport Bras appeared on Shark Tank in 2014, where Christina Conrad asked for $80,000 for 20% equity in her company. Barbara Corcoran offered $80,000 for 25% equity, which Conrad accepted. However, the deal never finalized.
The BoobyPack is a sports bra with waterproof, zippered pockets that can hold a cell phone, cash, and credit cards. The product was created by Conrad to protect her belongings while attending raves and other music events.
The Kickstarter campaign for the product in 2013 was successful, raising over $32,000 from an intended goal of $15,000.
As of 2023, the BoobyPack is no longer available for purchase anywhere. The company ultimately folded about four years after appearing on Shark Tank, at the end of 2017, due to financial issues and lack of profitability.
After the company folded, Conrad decided to pursue her passion for writing and is currently working as a freelance writer, living with her husband and dog in Connecticut. She has also released a children’s book and has a novel in the works.
What Is The Current Valuation Of Boobypack Sport Bras Shark Tank?
BoobyPack Sport Bras appeared on Shark Tank in February 2015 and asked for $80,000 for 20% of the company. The company was valued at $400,000 during the pitch. After an investment by Barbara Corcoran, the value dropped to $320,000.
BoobyPack was a stylish sports bra with two zippered pockets that can store valuables such as keys, cash, or cell phones. The deal with Barbara Corcoran was $80,000 for 25% equity.
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However, due to financial issues and the lack of profitability, the company went out of business by December 2017. Therefore, there is no current valuation for BoobyPack Sport Bras Shark Tank.
Is Boobypack Sport Bras Shark Tank Still In Business?
BoobyPack, a sports bra with waterproof zippered pockets for storing valuables, went out of business in 2016. As of 2023, the product is no longer available for purchase anywhere.
Despite appearing on Shark Tank in season 6 and receiving an investment from Barbara Corcoran, the company was unable to sustain its business.
What is BoobyPack Sport Bras?
BoobyPack is a sports bra with waterproof, zippered compartments that can contain your phone, cash, and credit cards.
Who is the Founder of BoobyPack Sport Bras?
Christina Conrad is the founder of BoobyPack, a sports bra with two side zippered compartments. She refers to it as a “fanny pack for your rack,” and the idea for it came about in an odd way. She launched the BoobyPack with a successful Kickstarter campaign in January 2013.
How much was seeking on Shark Tank?
Christina was seeking $80,000 for 20% of her company.
How much did she get from Barbara Corcoran?
Christina left the Shark Tank with a deal with Barbara Corcoran for $80,000 for 25% equity shares of the company.
Is BoobyPack Sport Bras still in business?
No, the company shut down in December 2017.
Where was BoobyPack Sport Bras located?
BoobyPack Sport Bras was based in New York City.
When did BoobyPack Sport Bras Launch?
BoobyPack Sport Bras was launched in January 2013.
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What is the Website of BoobyPack Sport Bras?
The website for BoobyPack Sport Bras is no longer active but one can visit their official social media accounts and websites that are given below: Facebook, Twitter, Instagram and Pinterest.
Is there a BoobyPack Sport Bras Facebook page?
Yes, the page is @BoobyPack.
Who made model wear BoobyPack Sport Bras?
This Baywatch look was created by Christina Conrad herself after being inspired by the movie “The Women” to create a product that is functional, comfortable, and fashionable.
Where is the office of BoobyPack Sport Bras?
Since December 2017, Christina has been residing in England with her spouse. However, they are planning to come back to America soon and relocate the office of their company in Los Angeles.
Was BoobyPack Sport Bras a scam?
BoobyPack Sport Bras is a legitimate company.
Was BoobyPack Sport Bras shipping?
Customers were getting their product shipped from the USA.
Are BoobyPack Sport Bras waterproof?
Yes, the product is waterproof and made with a nylon lining that prevents leaking. The Zippered pockets are waterproof as well.
This is a product that would go great during bad weather conditions as well such as during skiing or hiking.
What is the benefit of BoobyPack Sport Bras?
The product is a fanny pack for their rack and it’s a must have for any woman that likes to go out with her friends, run errands, or at the gym. It makes it so much easier to carry all of their important items with them when they’re on the move.
Was BoobyPack Sport Bras fabric?
The product was made up of two layers of material and 100% polyester on the outside.
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Is BoobyPack Sport Bras available in stores?
Yes, the product is sold online at Amazon.com, Walmart.com and the company’s website.
Where is the founder now?
The company closed in December 2017 and hence the founder has moved on to England with her spouse who happens to be an English citizen.
What is the net worth of Christina Conrad?
Christina Conrad’s net worth is not available.