What Happened To Beebo After Shark Tank?

What is Beebo?

Beebo is a baby bottle holder worn over a parent/caregiver’s shoulder that assists them in feeding a child.

Beebo fits comfortably over your shoulders because it is flexible and soft. A wide range of bottles fits comfortably in the revolving bottle holder.

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The rotation enables you to find an optimal feeding angle, regardless of position. Beebo is easy to clean up and store and is free of BPA, lead, and phthalates. 

Beebo features ribbed channels underneath to help circulate air and keep you cool and dry. It does not have buckles, clips, straps, or other potentially dangerous components.

Company NameBeebo 
FounderMartin Hill
BusinessA Baby Bottle Holder Designed To Make Feeding Easier
Investment Seeking$200,000 For a 20% stake in Beebo.
Final Deal$200,000 For a 30% stake in Beebo.
SharkLori Greiner And Ashton Kutcher
Episode Episode 1 Season 7
Business StatusIn Business
WebsiteVisit Website

Who Is The Founder of Beebo?

Martin Hill is the founder and inventor of The Beebo, a successful entrepreneur with multiple patents.

Hill designed The Beebo from its inception and oversaw its manufacture, patents, and international marketing.

Martin Hill serves as director and board member of Better Family Inc. with his wife, Sarah Hill.

Beebo Before Shark Tank

The Beebo project was started by Martin Hill, a father with expertise in electrical engineering who wanted to shorten bottle feeding times.

Hill drew inspiration for The Beebo from his son, who was a notoriously picky eater. Hill noted that when his son was read, he would calm down.

As a result, he built The Beebo in his garage to free up his other arm for book holding.

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Hill intended to title his creation “The Boobie” but eventually settled on The Beebo. Martin Hill made $20,000 in Beebo sales before their Shark Tank debut. There have even been inquiries from big-box retailers about carrying the product.

The Beebo faced many challenges, including perfecting the packaging, achieved via Shark Tank.

How Was The Shark Tank Pitch of Beebo?

Martin Hill appeared on Shark Tank requesting an investment of $200,000 in exchange for a 15% stake in The Beebo.

Lori Greiner offered an investment of $200,000 for a 30% stake in Beebo and invites Ashton to assist with marketing; he agrees, and the deal was completed.

Martin Hill left the Shark Tank stage with a deal from Lori Greiner and Ashton for Beebo.

Final Deal: Ashton and Lori agreed to invest $200K for a 30% stake in Beebo.

What Happened To Beebo After Shark Tank?

The sales and popularity of Beebo skyrocketed after its appearance on Shark Tank. The deal between Ashton and Lori with Beebo was never finalized; they agreed on the Shark Tank show.

The Beebo is an example of success Shark Tank story despite the Shark backing out from the deal after the show.

You can purchase The Beebo currently for $29.99 through various retailers, including directly through the Beebo website.

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The Beebo has also expanded its product line, providing three colors: charcoal, raspberry, and teal

Better Family, Beebo’s corporate parent firm, acquired Ava the Elephant, which was also pitched on Shark Tank.

The Beebo is still in business and generates $5 million in revenue across its brands as of 2022.

Is Beebo Still In Business?

During their Shark Tank appearance, Lori Greiner and Ashton Kutcher offered The Hills $200,000 for a 15% equity stake.

The Beebo was later acquired by Better Family Inc, which produces patented infant items such as Ava the Elephant from Shark Tank Season 1 Episode 1.

The product’s new owners received more than $500,000 from Hill’s sale of The Beebo company in 2020.

The Beebo is available at Better Family Inc, Amazon, Walmart, BuyBuyBaby, and Bed Bath and Beyond.

The Beebo has few competitors because it is unlike anything else on the market.

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What began as a method for a devoted father to read to his son during feedings has evolved into a product that benefits parents worldwide. Beebo is still in business as of 2022 with an expanded product line.

What Is the Net Worth of Beebo?

The valuation of Beebo was $1 million when it appeared on Shark Tank. The net worth of Beebo is $5 million as of 2022.