What Happened to Totes Babies after the Shark Tank Pitch? Totes Babies Car Seat Carrier Shark Tank Update
What is Totes Babies? Who are the Founders of Totes Babies?
Totes Babies is a carrier that attaches to shopping carts, allowing parents to securely place their baby’s car seat on the cart while shopping.
Lindsey Fleischhauer and Stanley Valiulis, a father-daughter team from Chicago, founded it. The idea for Totes Babies was inspired by Lindsey’s difficulty shopping with her infant and fitting her baby’s car seat in a cart.
The company was founded in 2017 and has since developed additional products, such as mobile phones and tablet mounts. They have also been on a TV Show named Shark Tank.
What Happened to Totes Babies at the Shark Tank Pitch?
Lindsey and Stanley, the founders of Totes Babies, appeared on an episode of Shark Tank seeking $100,000 for a 10% stake, which values their company at $1 million.
They presented their product, a carrier for shopping carts that allows a baby’s car seat to be securely attached to the cart, and reported $220,000 in sales since its launch in 2018.
They have also spent $20,000 on Facebook advertisements and are currently making $2500 per month with a 15% cost of acquiring clients.
The sharks had mixed reactions, with Mark saying it wasn’t his business style and Kevin expressing interest but being unable to make a deal.
Robert and Lori both offered deals, with Robert and Daniel joining together to offer $100,000 for a 25% stake and Lori offering the same amount for 25% interest with a focus on licensing the product. In the end, Lindsey and Stanley rejected Robert and Daniel’s offer and accepted Lori’s.
What Happened to Totes Babies after the Shark Tank Pitch?
After appearing on Shark Tank in March 2021, Totes Babies received positive reviews from customers and is available for purchase on Amazon and at Buy Buy Baby stores.
They also released phone and tablet mounts. It is unclear if the deal made on the show with Lori Greiner was completed as the episode aired less than four months prior, and the due diligence process can take up to a year.
What is the Net Worth of Totes Babies?
It is unknown what the current net worth or valuation of Totes Babies is. On Shark Tank season 12, episode 17, Lindsey and Stanley appeared in search of $100,000 for a 10% stake, valuing their company at $1 million.
They accepted an offer from Lori Greiner for $100,000 in exchange for a 25% stake, which would bring the company’s valuation to $400,000.
Who are the Competitors of Totes Babies?
There are no competitors identified for Totes Babies.
Totes Babies FAQS
What is Totes Babies?
Totes Babies is a carriage carrier that resembles a hammock. The user may unroll the carrier, set it on a shopping cart, and connect it to the cart’s side using grips.
Who are the founders of Totes Babies?
Lindsey Fleischhauer and Stanley Valiulis are the founders of Totes Babies.
How much were they seeking in the Shark Tank?
They asked $100,000 for a 10% stake in their company, equating to $1 million in valuation.
Did they get the deal from the Sharks?
Lindsey Fleischhauer and Stanley accepted a deal offer from Lori of $100,000 for a 25% stake in their company.
Are Totes Babies still in business?
The website is active, suggesting that the business is still in operation.
How much does it cost to buy?
The product costs $39.95.
Where can they buy Totes Babies?
They can buy at BuyBuyBaby, Amazon, and on their website.
How much is amazon selling?
Totes Babies are an Amazon product. They cost $49.95.
Where are they made?
The product was made in Naperville, Illinois, USA.
What is the website address of Totes Babies?
Their website is www.totesbabies.com.
How much weight do Totes Babies hold?
Their device is designed and weight-tested to support up to 75 pounds safely.
Are Totes Babies safe?
Totes Babies carrier has undergone extensive testing and passes all Child Safety Standards. Totes Babies is a shopping cart car seat holder that is safe, handy, and long-lasting.
What methods of payment do they accept?
They accept payment through Amex, PayPal, Visa, Discover, Shop Pay, MasterCard, Google Pay, Visa, and Venmo.
What is Totes Babies’ warranty policy?
They’ve got them covered. They stand behind their product 100% and offer a lifetime warranty. If, for some reason, they are not completely satisfied, they will replace or offer a full refund.
Are Totes Babies compatible with shopping carts?
Adjusts to suit most shopping and supermarket carts with widths ranging from 15 12 inches to 25 12 inches. The maximum overall weight capacity is 75 pounds.
Do they offer free Shipping?
All orders qualify for FREE delivery and ship within three business days of payment.
What is the company’s return policy?
They have up to 30 days from the day they purchased the thing to return it.
Any goods returned must be in the same condition in which they were received and in their original packing. Please hold on to the receipt.
What is the net worth of Lindsey Fleischhauer?
Lindsey Fleischhauer’s net worth is unavailable.
What is the net worth of Stanley Valiulis?
Stanley Valiulis’s net worth is unavailable.