Space Traveler Shark Tank Net Worth (Before and After Shark Tank)

Are you ready for a peaceful and bickering-free road trip with your kids? Look no further than “Space Traveler,” the innovative car seat divider created by two Texas moms. This lightweight and collapsible tent-like barrier provides privacy, separate space, and pockets for snacks and toys, making long journeys a breeze.

The entrepreneurial journey of Krissy Pruske and Rachel Lincoln, the founders of Space Traveler, took them to the Shark Tank. Despite initial doubts from the Sharks due to lack of sales, Barbara Corcoran saw the potential in their product and made an investment offer. She invested $100,000 for a 33% stake in the company, paving the way for Space Traveler’s success.

Key Takeaways:

• Space Traveler is a car seat divider created by two Texas moms to end backseat bickering during road trips.
• Barbara Corcoran invested $100,000 for a 33% stake in the company on Shark Tank.
• The founders have started production, and the net worth of Space Traveler is estimated to be around $500,000.
• Modifications are being made to cater to children with sensory processing disorder and make the product FAA compliant for airplane use.
• Space Traveler is actively taking orders and shipping internationally, catering to a global market.

The Journey on Shark Tank

Appearing on season 11 of Shark Tank, I had the opportunity to pitch our product, Space Traveler, to the Sharks. We were seeking a $100,000 investment in exchange for a 33% stake in our company. While some of the Sharks were skeptical due to our lack of sales, Barbara Corcoran saw the potential in our car seat divider. She made an investment offer, proposing a $2 royalty for every sale until she recouped her investment. Excited to work with an experienced partner, we enthusiastically accepted her deal.

Barbara Corcoran’s offer on Shark Tank gave us the confidence and support we needed to push forward with our business. Although it is uncertain if the deal eventually closed, we wasted no time in getting started with production. Our net worth has been steadily increasing, and we are thrilled to see our product becoming a reality.

The negotiations on Shark Tank were an incredible learning experience for us. We gained valuable insights into business strategies and received feedback from industry experts. The opportunity to work with Barbara Corcoran, a successful entrepreneur, was a dream come true. We remain grateful for the exposure and valuable connections we made during our journey on Shark Tank.

Table: Shark Tank Investment Offer

Investor	Investment Amount	Stake in the Company	Royalty Offer
Barbara Corcoran	$100,000	33%	$2 royalty per sale

Post-Shark Tank Developments

Since our appearance on Shark Tank, we have been working tirelessly to make significant developments and improvements to our Space Traveler product. We understand the importance of catering to the diverse needs of our customers, which is why we are modifying our product to be recommended for children with sensory processing disorder (SPD). This modification will ensure that children with SPD can enjoy a comfortable and peaceful traveling experience.

In addition to the SPD modification, we are also working towards making our Space Traveler product FAA compliant for use on planes. This means that families can now have the convenience and privacy of Space Traveler even during air travel. We are excited about this development as it opens up a whole new market for our product.

Furthermore, we have been brainstorming the design of portable privacy cells for adults. We recognize that adults also desire privacy and personal space during their travels, whether it be on road trips or during long flights. Our aim is to provide a solution that meets the needs of individuals across all age groups.

Production and Shipping Updates

We are thrilled to announce that production for Space Traveler began in the middle of this year. Our first batch of orders was shipped in August, and we have been receiving incredible feedback from our customers. We are actively taking orders through our website and ensuring that our production and shipping processes run smoothly.

To stay updated on the progress of your order, we encourage you to follow our social media accounts where we provide regular updates on production and shipping. We understand the importance of transparency and want to keep our customers informed throughout the entire process.

Developments	Status
Modification for Sensory Processing Disorder (SPD)	Ongoing
FAA Compliance for Air Travel	In progress
Design of Portable Privacy Cells	Conceptualization stage
Production and Shipping	Active and ongoing

Success and Future Plans

Since our appearance on Shark Tank, Space Traveler has achieved significant business success and is poised for a bright future. Our innovative car seat divider has struck a chord with parents who crave peaceful car trips, creating a high demand for our product. With Barbara Corcoran’s investment and guidance, we have successfully launched our brand and are gaining traction in the market.

Our unique design, featuring privacy and separate space for each child, sets us apart from other products in the industry. Parents love the added convenience of pockets for snacks and toys, making long road trips a breeze. The positive feedback and sales we have received so far validate our vision and fuel our determination to continue innovating in this space.

While our focus remains on fulfilling orders and ensuring a smooth production process, we have ambitious plans for expansion. We are actively exploring international shipping options to cater to the global market. Our goal is to bring the peace and tranquility of Space Traveler to parents worldwide, allowing families everywhere to enjoy stress-free travels.