Click and Carry Shark Tank Net Worth 2023
Click and Carry Shark Tank Net Worth
According to Shark Tank Wiki, Click and Carry appeared on Season 12 of Shark Tank in 2020. The company was valued at $562,500 while the owner’s net worth was estimated to be $1.5 million.
Since appearing on the show, Click and Carry has continued to grow and expand their product line, offering a wide variety of products including a new line of pet products.
According to Gazette Review, Click and Carry has made $70,000 in sales since the airing of Shark Tank. As of February 22, 2023, Click and Carry’s net worth is estimated to be $625,000.
What is Click and Carry? Who founded Click and Carry?
The Click & Carry is a nifty device that helps distribute the weight of heavy items, like bags, evenly over your shoulders and hands.
Its unique design features a central twisting column that makes loading and unloading a breeze, and two side chambers for storing your bags or luggage.
This compact and lightweight device can be easily stored in your purse, backpack, or car trunk, and comes in a range of colors, such as blue, purple, green, pink, and black.
The Click & Carry is made with sturdy materials, and each side chamber can hold up to 40 pounds, giving the device a total weight capacity of 80 pounds.
The design is symmetrical, with two sections on each side for organization, so you can carry your items with balance and ease.
Measuring just 5.25 inches x 1.5 inches x 1.75 inches, this device is made of lightweight, smooth plastic, and comes with a padded gel grip for added convenience.
The creator of the Click & Carry, Kim Meckwood, drew on her background in medical device sales to promote the product.
She originally marketed the Click & Carry at farmers’ markets and swap meets, but her breast cancer diagnosis temporarily halted her efforts.
However, Meckwood bounced back and pitched the Click & Carry on the TV show Shark Tank. She sought a $225,000 investment in exchange for 15% of the business, and ultimately secured a deal with Mark Cuban and Barbara Corcoran, who invested $225,000 for a 40% stake in the company, which had a net worth of $560,000.
Click and Carry Shark Tank Pitch
Kim Meckwood pitched her startup, Click & Carry, on a program on December 12, 2020. The company’s flagship product is a portable device that attaches to the shoulder and allows users to carry multiple bags with one hand.
Meckwood was inspired to create the product after her breakup with her ex-boyfriend left her struggling to carry groceries alone.
During the program, Meckwood sought a $225,000 investment in exchange for a 15% stake in the company, which she valued at $1.5 million.
She had previously attempted to appear on the Shark Tank show seven times, setting a new record for the program. Meckwood demonstrated the product with the help of Barbara and Lori and offered free samples to the Sharks.
Each unit costs $1.85 to produce and sells for $11.99. Although Barbara offered to buy the company outright for $225,000 and an 85% stake, Meckwood declined, stating that the product was unique.
Ultimately, Mark invested $225,000 with Barbara for a 40% stake, enabling Meckwood to focus on product development while they handled logistics.
While Mark and Barbara had an agreement that was not fulfilled, the show significantly boosted Click & Carry’s sales.
Following the presentation, Kim received many orders through Facebook and made $70,000 in sales. As of June 2021, Meckwood’s annual income was $0.5 million.
Currently, the Click & Carry product can be purchased through the company’s website, which offers 12 different options, mostly comprising the same product in different colors.
The product is also available on Amazon. In addition to running her business, Meckwood is involved with Canine Companion, an organization that supports people with disabilities through the use of trained support dogs.
Net Worth of Click and Carry?
Shark Tank net worth for Click and Carry was $562,500 while the owner net worth was $1.5 million.
Click and Carry Competitors
Revolution Luggage is a bag designed for travel that evenly distributes the weight of heavy luggage across the shoulder using a twisted, double-sided design.
With this bag, you can carry your luggage without using your hands, and it comes with an added comfort feature in the form of a reverse pocket.
It is one-size-fits-all and can be used in multiple ways, such as a sling, messenger bag, backpack or shoulder bag.
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Click And Carry Shark Tank Updates
Click and Carry is a gadget that helps in handling multiple bags without any struggle. The product is a handling device that allows hands-free carrying of heavy luggage by propping it over the shoulder.
The founder of Click and Carry, Kimberly Meckwood, appeared on Shark Tank Season 12, asking for $225,000 for 15% equity. Mark Cuban and Barbara Corcoran invested $225,000 for 40% equity in the company.
Since appearing on Shark Tank, Click and Carry has been training dogs to use the product. The product is available in black, pink, and purple, and can hold up to 80 lbs.
The product is divided in the center with a twisting column, and there are two identical side cavities to hold bags or cargo. Each side cavity can carry up to 40 pounds, and the product is compact in size.
Click and Carry has a website where customers can purchase the product. The product has received positive reviews from customers who find it to be a great time saver and a simple product that makes life easier.
Click And Carry Shark Tank Table Summary:
KEY POINTS | DESCRIPTION |
Season and Year on Shark Tank | Season 12, 2020 |
Valuation on Shark Tank | $562,500 |
Owner’s Net Worth | $1.5 million |
Sales Since Shark Tank | $70,000 |
Current Net Worth (as of Feb 22, 2023) | $625,000 |
Product Name | Click & Carry |
Product Description | A portable device that helps distribute weight of heavy bags evenly over shoulders and hands |
Product Features | Central twisting column for easy loading and unloading, two side chambers for storing bags or luggage, symmetrical design for balance and ease of carrying, lightweight and compact, made of sturdy materials, padded gel grip, available in blue, purple, green, pink, and black |
Founder | Kimberly Meckwood |
Shark Tank Deal | $225,000 investment from Mark Cuban and Barbara Corcoran for a 40% stake |
Competitor | Revolution Luggage |
Updates | Click & Carry has expanded their product line to include a new line of pet products, and has been training dogs to use the device. |
Click and Carry FAQS
What Is Click And Carry And How Does It Work?
Click & Carry is a grocery bag carrier that allows users to carry multiple bags at once with ease. To use Click & Carry, users twist the top open and load handle bags on each side, trying to evenly distribute the weight.
They then click the top back into place to secure the bags and carry the handle in their hands using the comfy gel grip or wear the Click & Carry over their shoulder for a hands-free carry. The top rotates 360 degrees, so as long as there’s nothing jutting out, users can trust that the bags are secure.
Click & Carry is not to be confused with click and collect, which refers to any shopping trip where products are purchased online and picked up by the consumer at a designated location, either in-store or curbside outside the store.
To use a retailer’s click and collect service, shoppers simply place their order online through the store’s website or mobile app. Store employees then gather and prepare the products for pickup and notify the consumer when the order is ready.
All consumers have to do is stop by the retailer’s designated pickup location to collect their items. Click and collect has been designed to offer customers convenience, and it works in a relatively straightforward way.
What Was The Deal Made On Shark Tank For Click And Carry?
During the pitch on Shark Tank Season 12, Click and Carry founder Kim Meckwood asked for $225,000 in exchange for 15% equity in her company, which had a valuation of $1.5 million.
After three Sharks declined to make a deal, Barbara Corcoran and Mark Cuban partnered together to make an offer to Meckwood.
They offered $225,000 for 40% equity in the company, which Meckwood joyfully accepted. This deal was made on the show and has been confirmed in various updates on Click and Carry.
What Was The Outcome Of Click And Carry Shark Tank Pitch?
Kim Meckwood, the founder of Click & Carry, appeared on Shark Tank Season 12 Episode 8 to pitch her hands-free carrier gadget that helps in carrying multiple bags.
She asked for $225,000 in exchange for 15% equity in her company, which was valued at $1.5 million. After three Sharks declined to make a deal, Barbara Corcoran and Mark Cuban partnered together to make an offer to Kim Meckwood.
The Click and Carry inventor joyfully accepted their deal of $225,000 in exchange for 40% equity in her company. With the investment of Mark Cuban and Barbara Corcoran, Click and Carry’s net worth value was estimated to be $562,500.
Since filming the Shark Tank episode, Kim has been training dogs to use Click & Carry. According to Shark Tank Talks, the company’s sales were $70,000 in 2019.
However, Shark Tank Wiki reports that the company is still doing well and growing, investing the same amount of money in marketing, which continues to pay off.
What Happened To Click And Carry After Appearance At The Shark Tank?
Click and Carry is a hands-free carrier that allows users to clip bags onto the front and back of the carrier, making it easier to carry multiple bags without struggling.
The product was featured on Shark Tank Season 12, and founder Kim Meckwood asked for $225,000 in exchange for 15% equity in her company. Mark Cuban and Barbara Corcoran made a deal with Meckwood, investing $225,000 for 40% equity.
After appearing on Shark Tank, Click and Carry continued to grow and invest in marketing, which has paid off. The company’s net worth was $1.5 million, and it was worth $562,500 on Shark Tank.
Click and Carry has a loyal customer base and has sold over 300,000 units. The product solves a common problem for consumers, which contributes to its success.
Kim Meckwood’s persistence paid off, and she finally gained an opportunity to star in one of the biggest business reality shows.
Click and Carry is a great example of a business that was able to pivot and find success after appearing on Shark Tank.
Did Any Of The Sharks Invest In Click And Carry?
Yes, two sharks invested in Click & Carry during its appearance on Shark Tank. Barbara Corcoran and Mark Cuban offered Kim Meckwood $225,000 for 40% equity in the company.
What is Kim Meckwood’s background?
Click & Carry is the brainchild of Kim Meckwood.
Kim Meckwood, an avid shopper, had similar difficulties but devised a novel solution.
Where Can I Buy the Click & Carry?
You can purchase on Amazon and on Click & Carry website.
According to the company’s website, the Click & Carry’s innovative design allows for an even distribution of weight, which is not limited to shopping trips.
What benefits does Click & Carry offer?
Apart from routine journeys to the grocery and mall, individuals are transporting sports equipment, paint cans, construction buckets, bags of salt rock or soil, and dry cleaning.
Which shark tank episode featured Click & Carry?
Kim Meckwood, appeared on shark tank seeking $225,000 for 15% equity but got a deal for $225,000 for 40% equity from Barbara Corcoran and Mark Cuban.
Shark Tank Season 12 Episode 8 highlighted the Click & Carry hands-free carrier.
How Much Does Kim’s Company Make?
Kim disclosed that her business has been in operation for five years and has generated $625,000 in lifetime revenue.
When she can stock the Click & Carry in 6,000 stores across the United States, she will be on course to increase her firm to $10 million in revenue in three years.
Which Colors Are Available in the Click & Carry Collection?
The Click & Carry is now available online in seven colors: blue, green, purple, red, gray, pink, and black.
Kim Meckwood took her business and product, the Click and Carry, to the Sharks on ABC’s Shark Tank in an attempt to convince one of them to invest in her venture.
What are your goals for the Click & Carry business?
With clients with restricted mobility in mind, Kim recognized an opportunity to produce a completely hands-free version.
What is the current price of Click & Carry?
Users may get a single Click & Carry for $11.99 or a pack of two for $21.99
What do you need to use Click and Carry?
You only need a single hand to carry your bags.
How much is the net worth of Click and Carry?
The net worth of Click and Carry has not been revealed yet.
Does Click and Carry have a Facebook page?
Click and Carry has its own Facebook page. The page has over 700 followers as of June 20, 2019.
Does Click and Carry have any social media?
Click and Carry has Twitter page, Instagram page, and TikTok page. It is unknown how many followers they have.
Does Click and Carry sell accessories?
By request of the customer service, Click & Carry sells strips, cuffs and belts.
Which Shark Tank episode is Click and Carry featured?
Click and Carry was featured on Season 12 episode 8 of Shark Tank.
What is the source of Click and Carry?
Kim Meckwood said that she has had this idea for many years.
She thought about it when her boyfriend broke up with her.
She wanted to find something to help her carry his stuff around, but she didn’t want him helping her.
She designed it by herself, during her lunch breaks.
What was the deal with the Shark Tank and Click and Carry?
Barbara and Mark made $225,000 for a 40% stake in the business.
Does Click and Carry sell on Amazon?
Click and Carry is now available only on the official website.
Is click and carry product quality?
The quality of the products is good, but most of them are not original.
For example, some bags have been banned by the US government as they were made in China without American safety regulations.
So if you order one from them, there is a chance it will be banned by the government.
How many products does Click and Carry have?
They have 12 colours of the same product for sale online.
The main competitor of Click & Carry is Revolution Luggage.
Revolution Luggage can be turned into a sling bag for your back or a messenger bag, depending on the needs of customers.
What else does Kim invented?
Click & Carry is not the only invention of Kim Meckwood. She also invented a sun shade called Good Shade. It has the same design as Click and Carry but it is used for babies and children instead.
Is Click and Carry vs Revolution Luggage the same
Revolution Luggage costs $49.95 to buy, while Click & Carry costs $11.99 for one unit each to customize your bag’s weight distribution.
Is Click and Carry still in business?
Click and Carry is still in business.
How many times did Click and Carry featured on Shark Tank?
Click and Carry featured seven times on Shark Tank.
Where is Click and Carry made?
Click and Carry was made in the USA.
What is the material used for Click and Carry?
The material of Click and Carry is 60% Polyester, 40% Nylon, and 10% Spandex.
How Shark Tank’s airing did benefited the Click and Carry business?
To begin, Click and Carry sales more than doubled.
Furthermore, Click & Carry has been featured in stories and news clips on MSNBC.com, Redbook Magazine (“Best Stocking Stuffers on Amazon under $20”), and Reader’s Digest (“50 Products That Will Change Your Life in 2021”).
What is the Click & Carry approach?
With Click & Carry, you can CONVENIENTLY collect and carry numerous bags at once!
Two similar side chambers are provided for storing your luggage or stuff.
What kind of feedback do customers give?
Its creative and multipurpose design instantly made it a popular with parents, older adults, artists, and sports fans, among others.
What can you carry with Click and Carry?
With handles, easily tote groceries, paint cans, sports equipment, and other large goods.
What offer did Kim Meckwood accepted?
Kim accepted a $225,000 offer from Mark Cuban and Barbara Corcoran for 40% meaning an estimated worth of about $560k worth.
What Purpose Did Click and Carry Serve?
A device that enables users to maintain their hands-free status while carrying numerous bags.
A device that enables users to maintain their hands-free status while carrying numerous bags.
What is the cost of Click and Carry?
During shark tank episode, each one costed $1.85 to produce and retailed for $9. As of 2021, the current price is $11.99 for single Click and Carry and $21.99 for 2
Is Click and Carry a going concern?
Yes, even in the midst of the COVID-19 epidemic, Click and Carry is still in operation.