Click & Carry is a small business started by Kim Meckwood in 2008. As of October 2023, the net worth of Click & Carry is $1.5 million, with an annual sales revenue of $1 million. They made a deal on Shark Tank with Barbara Corcoran and Mark Cuban for $225,000 in exchange for 40% equity. The final valuation of Click & Carry after the deal was $562,500. The company is still in business, selling their patented hands-free bag carrier device. Click & Carry has achieved several key accomplishments, including winning the “Best New Product” award in 2010 and expanding their product line in 2016. Kim Meckwood, the founder of Click & Carry, has a net worth of $700,000 as of 2023.
Key Takeaways:
- Click & Carry’s net worth is $1.5 million as of October 2023.
- They made a deal on Shark Tank for $225,000 in exchange for 40% equity.
- The final valuation of Click & Carry after the Shark Tank deal was $562,500.
- Click & Carry sells a patented hands-free bag carrier device.
- Kim Meckwood, the founder, has a net worth of $700,000.
Click & Carry Pitch on Shark Tank
In January 2021, Click & Carry had the opportunity to pitch their hands-free bag carrier device on Season 12 of Shark Tank. Founder Kim Meckwood entered the tank seeking a $225,000 investment for 15% equity in the company. The Sharks were intrigued by the product and its potential, leading to a successful pitch.
During the episode, Barbara Corcoran and Mark Cuban made an offer to invest $225,000 for 40% equity in Click & Carry. Although the initial valuation of the company was $1.5 million, the final valuation after the deal was $562,500. This investment from two prominent Sharks not only provided the necessary funding but also brought invaluable expertise and guidance.
The appearance on Shark Tank in Season 12 Episode 8 proved to be a pivotal moment for Click & Carry. The recognition and exposure gained from the show opened doors to increased sales and retail partnerships. The success of the pitch allowed Click & Carry to raise their prices and further expand their distribution channels.
Season | Episode | Investor | Investment | Equity | Final Valuation |
---|---|---|---|---|---|
Season 12 | Episode 8 | Barbara Corcoran & Mark Cuban | $225,000 | 40% | $562,500 |
With the support of Barbara Corcoran and Mark Cuban, Click & Carry’s future looks promising. The company is still in business, selling their patented hands-free bag carrier device on their website, Amazon, QVC, and various other retail partners such as Target and Walmart. Click & Carry continues to innovate and expand its product line, ensuring its presence in the market and striving for even greater success.
Click & Carry Success and Future
Since our appearance on Shark Tank, Click & Carry has achieved remarkable success, and we are excited about what the future holds. We experienced a significant boost in sales and exposure, allowing us to expand our retail partnerships and reach a larger audience.
Currently, Click & Carry is still in business, offering our innovative hands-free bag carrier device for purchase. You can find our product on our website, as well as popular online platforms such as Amazon and QVC. In addition, we have partnered with retail giants like Target and Walmart, making it even more convenient for customers to access our product.
As a result of the investment from Barbara Corcoran and Mark Cuban, our net worth now stands at an estimated $562,500. This has enabled us to continue innovating and expanding our product line. In the near future, we plan to introduce new cooking products, complementing our existing range and catering to the needs of our valued customers.
At Click & Carry, we are dedicated to improving our product and ensuring its success in the market. We are grateful for the support we have received thus far, and we look forward to making even more strides in the future. Thank you for believing in us and joining us on this incredible journey!
FAQ
What is Click & Carry’s net worth before and after appearing on Shark Tank?
Before appearing on Shark Tank, Click & Carry had a net worth of $1.5 million. After making a deal with Barbara Corcoran and Mark Cuban, the final valuation of Click & Carry was $562,500.
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How much did Barbara Corcoran and Mark Cuban invest in Click & Carry?
Barbara Corcoran and Mark Cuban invested $225,000 in Click & Carry in exchange for 40% equity.
What episode of Shark Tank did Click & Carry pitch on?
Click & Carry pitched on Season 12 Episode 8 of Shark Tank.
Where can I purchase Click & Carry’s hands-free bag carrier device?
You can purchase Click & Carry’s hands-free bag carrier device on their website, Amazon, QVC, The Container Store, Ralphs, Shoprite, Target, and Walmart.
What is Click & Carry’s plan for the future?
Click & Carry plans to continue innovating and expanding their product line. They have plans to introduce new cooking products in the future.