Dare-U-Go Shark Tank Update| What Happened to Dare-U-Go after Shark Tank?

What is Dare-U-Go?

Dare U Go is a convenient 5-in-1 storage bib that folds easily when not worn by your youngster. It folds neatly into an airtight container, keeping food fresh and secure, and it includes 5 sections for each item.

For your convenience, the Dare U Go is dishwasher and microwave safe. Dare U Go begin when Lisa D’Amato, a former top model, became a single mother of two?

She was aware of the difficulties that parents and toddlers had when it came to mealtime, and she devised a strategy for a hands-free approach to mealtime for toddlers.

Who is the founder of Dare-U-Go?

Lisa D’Amato, America’s Next Top Model All-Star winner is the founded of Dare U Go. Lisa D’Amato rose to prominence after winning America’s Top Model in 2017. She eventually had two children of her own and became a stay-at-home mom.

She became aware of the difficulties faced by other single parents and conceived a concept that grew into a commercial endeavor.

D’Amato launched her company in 2017 with a successful Kickstarter campaign that earned $37,511. In early 2018, she began distributing merchandise.

The Dare U Go is a modern take on the traditional bib. It’s constructed of food-grade silicone and fits around a child’s neck like a traditional bib.

It contains resalable chambers for storing food and snacks directly in the bib, which is the hook. It serves as both storage and a plate at the same time, and because the bib is already on the child, it’s easy to transport.

Each Dare U go bib costs $22.99 and comes in a selection of vibrant colors, as well as a “spork.” It’s available at Wal-Mart and Amazon, as well as merchants in a number of other countries.

What Happened to Dare-U-Go at Shark Tank pitch?

On Shark Tank episode 1014, Lisa D’Amato hopes a Shark would dare to invest in Dare U Go, her bib that doubles as a food container and serving dish. D’Amato wants a Shark to assist him with his rapid growth.

Lisa entered the Shark Tank pitch asking $350,000 for a 10% stake in her company, which was worth $3.5 million.

She discloses that she has done over $100,000 in three months previous to being in the Tank as she discusses the product. It only costs $2.68 to create and retails for $22.99.

Those are the Sharks’ numbers. She also alleges that she is in a distribution bidding battle with three corporations. Lisa enters the negotiating phase after some back and forth and discussion on how her childhood anorexia influenced her life.

Mark explodes when Lisa tells Robert that the global bib market is worth $15 billion. He advises her that if she is a fan of the show, she should never utilize the world-wide market type pitch. He’s so enraged that he goes out.

Kevin desires the item for his “something great” platform. He offers $350,000 for 15% equity shares, but the remaining $250,000 is a loan.

Lori believes Lisa has the necessary skills to advance to the next level, so she leaves. Every time a Shark appears, Kevin says that he is increasing his equity ask and changing his offer to $350,000 for 20% equity shares with the same loan/equity ratio.

Barbara believes Lisa requires a partner who can provide some control to the firm and offers $350,000 for 50% equity shares.

Kevin raises his offer to $350,000 for 25% equity shares. Kevin ups his ante to 30 percent stock shares when Robert exits next.

Barbara then reduces her offer to $350,000 for a 35% down payment, plus $150,000 in cash and a $200,000 loan. Lisa agrees! And Lisa walked away from the pitch with a deal.

What Happened to Dare-U-Go after Shark Tank?

The deal with Barbara Corcoran was not finalized as of the first rebroadcast in June, 2019 and Lisa departed the pitch with a deal.

Dare U Go is now widely accessible in retail stores, and their Amazon Store has been redesigned.

Instead of Barbara, Lisa may have struck a deal with one of the three distributors she indicated. The product will be available in 20 countries by September 2020.

The company is still in business and doing well as of January 2022. The company has annual revenue of $46 million.

Net Worth of Dare-U-Go

The company valuation was $3.5 million during the pitch, since then the company is still in business with annual revenue of $46 million as of January 2022 and hence the company net worth has gone up.

Dare-U-Go FAQs

What is Dare-U-Go?

Dare U Go is a convenient 5-in-1 storage bib that folds easily when not worn by your youngster. It folds neatly into an airtight container, keeping food fresh and secure, and it includes 5 sections for each item.

For your convenience, the Dare U Go is dishwasher and microwave safe. Dare U Go begin when Lisa D’Amato, a former top model, became a single mother of two?

Who is the founder?

Lisa D’Amato, America’s Next Top Model All-Star winner is the founded of Dare U Go. Lisa D’Amato rose to prominence after winning America’s Top Model in 2017.

How much was seeking on Shark Tank?

Lisa D’Amato entered the Shark Tank pitch asking of $350,000 for 10 percent stake in her company, which was worth $3.5 million.

Did she have the deal?

Yes, Lisa obtained the deal with Barbara Corcoran.

What happened after Shark Tank?

Barbara offered $350,000 for 50% equity shares of the company, but the deal was not finalized as of the first rebroadcast in June, 2019.

Is Dare-U-Go still in business?

Yes, Dare-U-Go is still in business with annual revenue of $46 million as of January 2022.

What is the price of Dare-U-Go?

The product retails for $22.99.

What does food storage bibs look like?

Dare U Go is an updated version of a bib and plate combo, with six detachable pieces that can be filled with food?

Where is Dare-U-Go located?

Dare U Go is based near Philadelphia, Pennsylvania.

How can I contact Dare-U-Go?

Contact information can be found on Dare-U-Go’s website.

What is Dare-U-Go website?

The website is http://www.dareugo.com/

Is Dare-U-Go safe to eat?

Yes, it’s safe to eat. Because it’s made of food-grade silicone and is washed in water, the Dare U Go is safe for use by children.

Is Dare-U-Go shipping?

Yes, Dare U Go is shipping worldwide.

What is the shipping charge for Dare-U-Go?

Shipping costs vary depending upon the location and can be viewed on their website.

Can I get a refund if my order damaged from shipping?

Yes, customers will be refunded if it’s damaged during transit.

What is the return policy for Dare U Go?

If customers are unsatisfied with the product, they can return it within 30 days of purchase.

How do I pay for Dare-U-Go?

Customers can pay for Dare U Go using PayPal.

Does Dare-U-Go offer a discount?

Yes, there is a discount offered on their website.

How long does it take to ship Dare U Go?

The shipping takes about 2-4 weeks for domestic orders and varies for international countries.

What are the features of Dare-U-Go?

Dare-U-Go has 5 compartments to store food and other items for quick access. It has an air tight seal, locking in freshness by using zip lock technology.

What are the ingredients of Dare-U-Go?

The ingredients are food grade silicone

How many colors does Dare-U-Go come in?

Dare U Go come in four colors – navy, hot pink, purple, and lime green.

Where is Lisa D’Amato now?

Lisa D’Amato is the founder of Dare U Go. She had a successful reality television career and is still active in the entertainment industry.

What is the net worth of Lisa D’Amato?

Lisa D’Amato is a Model with a $400 million net worth.