Ice Beanie, the innovative cold therapy hat designed to provide relief for people with migraines and headaches, made its appearance on Shark Tank Season 12 Episode 13. Founded by Nic Lamb, the company sought a $50,000 investment in exchange for 20% of the business. Prior to its Shark Tank debut, Ice Beanie was estimated to have a net worth of $600,000. However, after striking a deal with Mark Cuban, its net worth is now valued at $200,000.
Key Takeaways:
- Ice Beanie is a cold therapy hat that offers drug-free relief for migraines, headaches, and various health conditions related to inflammation and injuries.
- Nic Lamb, the founder of Ice Beanie, requested a $50,000 investment and ultimately secured a deal with Mark Cuban on Shark Tank.
- Ice Beanie’s net worth before Shark Tank was $600,000, and it is currently valued at $200,000 after the investment.
- The product has gained popularity, selling out quickly on platforms like Amazon, Etsy, and their official website.
- Notable figures, including Geena Davis and Brooke Ence, have expressed interest in Ice Beanie.
What is Ice Beanie and How Does it Work?
Ice Beanie is a revolutionary cold therapy hat designed to provide relief for migraines, headaches, and various other conditions without the need for medication. This innovative product, also known as a cold compression cap, offers a drug-free alternative for individuals seeking natural solutions to their health concerns. Whether you’re suffering from concussions, inflammation, sports injuries, or even fevers and stress, Ice Beanie is here to provide effective and soothing relief.
The cold therapy hat is made from soft polyester microfiber and features gel packs strategically placed to cover acupressure points on the head. These gel packs can be cooled by placing the cap in the freezer for an hour, after which it can be worn to deliver a cooling sensation to the affected areas. The adjustable design ensures a comfortable fit for all head sizes, making it suitable for everyone seeking relief from their symptoms.
Ice Beanie offers a convenient and reusable solution for managing various health conditions. The washable hat can be used multiple times, making it a cost-effective choice for individuals seeking long-term relief. Its versatility and effectiveness have made it a popular choice among those looking for drug-free alternatives to manage their health concerns.
Benefits of Ice Beanie:
- Relieves migraines, headaches, concussions, and sports injuries
- Reduces inflammation and aids in post-chemotherapy recovery
- Natural, drug-free solution
- Adjustable and comfortable fit for all head sizes
- Washable and reusable
With Ice Beanie, individuals can experience relief from their symptoms in a safe, natural, and convenient way. The combination of cooling gel packs and acupressure points targets the root causes of various health issues, providing effective relief. Whether you’re looking to alleviate migraines, reduce inflammation, or recover from a sports injury, Ice Beanie is a trusted companion for your wellness journey.
Benefits | Ice Beanie |
---|---|
Relieves migraines and headaches | ✓ |
Reduces inflammation | ✓ |
Aids in post-chemotherapy recovery | ✓ |
Safe and drug-free | ✓ |
Adjustable fit for all head sizes | ✓ |
Washable and reusable | ✓ |
Ice Beanie’s Shark Tank Journey and Current Success
As a featured entrepreneur on Shark Tank Season 12 Episode 13, I had the opportunity to pitch my innovative product, Ice Beanie. Seeking a $50,000 investment in exchange for 20% equity, I was fortunate to have caught the attention of the esteemed Sharks, including Mark Cuban, Robert Herjavec, Daymond John, Lori Greiner, and Kevin O’Leary.
Ultimately, it was Mark Cuban who saw the potential in Ice Beanie and made the first offer. After careful consideration, I accepted Mark’s deal, knowing his expertise and resources would propel my business forward.
Since the show aired, Ice Beanie has experienced incredible demand. Our product sold out quickly on online marketplaces like Amazon, where we restocked and made the hat available once again. To cater to a wider audience, we also listed Ice Beanie on Etsy and our official website.
Priced at $39.95, Ice Beanie has been well-received, accumulating total sales of $100,000 since its launch in the fourth quarter of 2020. The success of Ice Beanie has not gone unnoticed, with notable figures like Geena Davis and Brooke Ence expressing interest in our product.
FAQ
What is Ice Beanie?
Ice Beanie is a cold therapy hat designed to provide relief for people with migraines, headaches, fevers, stress, concussions, chemotherapy, traumatic brain injuries (TBI), inflammation, and sports injuries. It is a drug-free alternative that uses cold compression to alleviate symptoms.
How does Ice Beanie work?
Ice Beanie works by placing the cap in the freezer for an hour to activate the gel packs. Once chilled, the hat is worn to provide cooling relief to acupressure points on the head. The soft polyester microfiber material and adjustable design ensure a comfortable fit for different head sizes.
What is the net worth of Ice Beanie before and after Shark Tank?
Prior to appearing on Shark Tank, Ice Beanie was estimated to have a net worth of $600,000. After accepting a deal with Mark Cuban, Ice Beanie’s net worth is now $200,000.
Which Shark Tank episode did Ice Beanie appear on?
Ice Beanie was featured on Season 12 Episode 13 of Shark Tank.
What was the investment deal made on Shark Tank?
Nic Lamb, the founder of Ice Beanie, asked for a $50,000 investment in exchange for 20% equity in the business. Mark Cuban made the first offer and ultimately struck a deal with Nic Lamb.
Where can I buy Ice Beanie?
Ice Beanie is available for purchase on Amazon, Etsy, and their official website. It is priced at $39.95.
How has Ice Beanie performed in terms of sales?
Since its launch in the fourth quarter of 2020, Ice Beanie has made total sales of $100,000. The product has experienced high demand and sold out quickly on Amazon.
Are there any notable figures who have shown interest in Ice Beanie?
Yes, notable figures like Geena Davis and Brooke Ence have shown interest in the Ice Beanie product.