ReadyFestive Shark Tank Update | ReadyFestive Net Worth

ReadyFestive is a company that sends subscription boxes filled with seasonal and holiday decorations for your home. They offer personalized decor items for different seasons and holidays.

ReadyFestive provides an exclusive subscription service that delivers thoughtfully curated decor boxes right to your doorstep. Kristina Barnes and Elizabeth Voelker created ReadyFestive.

The company sells many home decor products for different holidays like Valentine’s Day, Halloween, Christmas, and others. Each box of decorations is carefully put together with high-quality items that represent the spirit of the holiday or season, making sure it matches your home decor perfectly.

ReadyFestive stands out with its focus on personalization, offering customization options to tailor your holiday experience to your specific tastes.

Customers can enjoy a convenient subscription service, receiving their selected decoration boxes 3–4 weeks before each holiday or season. The company offers three different box sizes to cater to different budgets and needs, ranging from $69 to $159.

ReadyFestive is the go-to place for stylish holiday decorations, offering convenience and carving out a unique space in the market.

Company NameReadyFestive
FounderKristina Barnes and Elizabeth Voelker
ProductCustomized Holiday & Seasonal Gift Boxes
Investment Seeking$250,000 for a 10% equity
Final Deal Accepted$250,000 for an 18% equity with Robert Herjavec
EpisodeSeason 14, Episode 09
Business StatusIn Business
WebsiteVisit Website
Net Worth$1.5 Million

What Is ReadyFestive?

ReadyFestive is a subscription box service that delivers personalized holiday decorations for your home or business. They have 14 different boxes available. This includes 4 boxes that are delivered each season: Spring, Summer, Fall, and Winter.

They offer 10 themed holiday boxes, including Valentine’s Day, St. Patrick’s Day, Easter, July 4th, Halloween, Thanksgiving, Hanukkah, Christmas, New Year’s Eve, and others.

The subscription is completely customizable to suit your preferences. You start by taking the ReadyFestive Questionnaire to select your style and product preferences. You can choose the holidays and seasons you prefer to receive boxes for. You can also choose the box size for each occasion.

You have the flexibility to mix and match box sizes across different holidays and seasons. The available box sizes are Mini (with 4+ items), Standard (with 6+ items), and Deluxe (with 9+ items). You can choose to pay upfront and enjoy a 10% discount or opt for pay-as-you-go billing as your boxes ship.

ReadyFestive Shark Tank Update | ReadyFestive Net Worth

Each ReadyFestive box is personalized to fit your preferences based on your questionnaire answers and the items you choose in the holiday/seasonal box surveys. ReadyFestive collaborates with both large and small makers to curate trendy and high-quality decorations and festive items.

ReadyFestive boxes include various items like decorations, entertaining items (such as wine glasses and serving bowls), experiential items (like food and beverage kits or games), linens (like throw blankets and pillow covers), paper products (like cocktail napkins and notepads), greenery or fresh items (like holiday mistletoe or summer succulents), monogrammed items using your last name initial, scented candles, and kids crafts to keep children entertained during the holidays.

Who Is The Founder Of ReadyFestive?

The founders of ReadyFestive are Kristina Barnes and Elizabeth “Liz” Voelker. As mothers, they experienced the challenge of finding the perfect decoration pieces for their homes during holidays.

They realized that there was no service available to help people with this issue, so they decided to create ReadyFestive.

ReadyFestive was created by Kristina and Elizabeth to help people who are going through challenges similar to theirs. They established the company in 2019 to provide a subscription service that delivers customizable decoration boxes for different occasions.

Before appearing on Shark Tank, ReadyFestive was already gaining traction. The business experienced significant growth when the Covid-19 pandemic hit in 2020.

Due to the restrictions on going out and the increased time spent at home, the demand for ReadyFestive’s services increased. This helped the company establish itself as an entrepreneur and expand its customer base.

In addition to their subscription service, ReadyFestive also offers holiday kits that can be purchased as one-time purchases. They provide the option to send their products as gifts as well.

The founders appeared on Shark Tank to expand their business further and reach more customers. ReadyFestive’s website also features a Blog section where they share festival-themed ideas.

Kristina Barnes and Elizabeth Voelker created ReadyFestive to make it easy for people to find and get holiday decorations. They were inspired by their own experiences as mothers.

How Was The Shark Tank Pitch Of ReadyFestive?

The entrepreneurs Liz Voelker and Kristina Barnes pitched their company Ready Festive on Shark Tank Season 14. They wanted a $250,000 investment in exchange for a 10% ownership of their business. Their business sold home decor boxes that could be customized to match current trends.

ReadyFestive Shark Tank Update | ReadyFestive Net Worth

Liz and Kristina highlighted the special ways their platform can be customized, which makes them different from their competitors.

ReadyFestive customers could choose from over a dozen different base options for various holidays or seasons. Users had to subscribe for at least three seasons or holidays and could pay through a subscription plan or upfront.

The entrepreneurs said their company made over $1.5 million in sales in three years.

Mark Cuban, Barbara Corcoran, Kevin O’Leary, and Lori Greiner left the negotiations because they felt the business was too small to be worth investing in its current state.

Robert Herjavec offered to invest $250,000 in ReadyFestive in exchange for a 20% ownership stake. 

Liz and Kristina asked Robert to reduce his equity demand to 18%, and he agreed. Ultimately, they accepted Robert’s offer, securing the investment they needed.

Here is a table summarizing the Shark Tank pitch and the deal made:

Shark’s NameInvestment OfferedCounteroffer by FoundersFinal Deal Accepted by Founders
Robert Herjavec$250,000 for 20%$250,000 for 18%Yes

Liz Voelker and Kristina Barnes successfully made a deal with Robert Herjavec for the 2022 holiday season. Appearing on Shark Tank helped ReadyFestive with marketing, and having Robert on their team is good for their future success.

Did ReadyFestive Get a Deal on Shark Tank?

Yes, ReadyFestive did get a deal on Shark Tank. Kristina Barnes and Elizabeth Voelker appeared on Shark Tank, asking for $250,000 for a 10% stake in their company, valuing it at $2.5 million.

After negotiations, Robert Herjavec made an offer of $250,000 for an 18% equity stake, which the founders accepted. This partnership with Robert Herjavec will help ReadyFestive grow its business and take advantage of his expertise and resources.

ReadyFestive’s website had a big increase in visits after the show aired in December 2022, and the company is still open.

What Happened To ReadyFestive After Shark Tank?

After being on Shark Tank, ReadyFestive got a $250,000 investment from Robert Herjavec for 18% of the company. With Robert’s expertise and experience in building successful businesses, he aimed to help ReadyFestive grow further.

Kristina Barnes and Elizabeth Voelker presented a good sales report on the show, showing that the business is making a lot of money.

After Shark Tank, ReadyFestive had a lot of people trying to visit their website, which caused some crashes. The business’s website got more than 50,000 visits after the episode aired in December 2022.

ReadyFestive Shark Tank Update | ReadyFestive Net Worth

ReadyFestive is still in business and continues to serve its customers. The company is headquartered in San Francisco, California, and employs approximately 2-10 employees.

ReadyFestive aims to enter the United States’ seasonal decorations market, which is worth approximately $28 billion.

ReadyFestive offers personalized and themed home decor for holidays and seasons, providing a convenient option for online shoppers.

With its strong cash flow and the backing of Robert Herjavec, ReadyFestive is positioned for further success in the market.

ReadyFestive Shark Tank Update

After appearing on Shark Tank, ReadyFestive experienced a significant boost in their business. Their episode aired on December 9, 2023, and they saw a huge surge in sales during the Christmas period.

The exposure on national TV helped increase their customer base and generate more interest in their subscription-based startup.

ReadyFestive’s customer support staff has been busier since they started, with a lot more customer inquiries and orders. Their website displayed a message stating, “We are experiencing unusually heavy traffic.”

The founders, Liz Voelker and Kristina Barnes pitched their business successfully on Shark Tank and secured a deal with investor Robert Herjavec. This partnership is expected to provide valuable support and guidance to help ReadyFestive scale its operations.

ReadyFestive offers personalized boxes filled with decorations for various holidays, including Christmas, Valentine’s Day, Halloween, and more. They also provide decor pieces for the four seasons of the year.

Customers can subscribe to their holiday service through their website and customize their boxes based on their style and holiday preferences.

Before receiving any deliveries, customers are required to complete a 5-step quiz related to their preferences. Each box contains 4 to 10+ items, depending on its size, with prices starting at $69 per box.

ReadyFestive, with its current 13 reviews and a rating of 3.2 stars on Facebook, is predicted to gain a better online reputation and generate more reviews due to its exposure to Shark Tank.

ReadyFestive’s appearance on Shark Tank greatly increased their sales and customer interest and established them as a one-stop shop for holiday decorations. With the support of their new partner, Robert Herjavec, ReadyFestive is poised for further growth and success in the future.

Is ReadyFestive Still In Business?

Yes, ReadyFestive is still in business. ReadyFestive is a subscription service founded by Kristina Barnes and Elizabeth Voelker. They offer customizable decoration boxes delivered to your house for various occasions, including holidays and festivals such as Christmas, Easter, Halloween, Thanksgiving, and more.

ReadyFestive Shark Tank Update | ReadyFestive Net Worth

The company provides three box sizes – Mini, Standard, and Deluxe – containing different decorative items based on your preferences. ReadyFestive also offers Holiday kits for one-time purchases and the option to send their products as gifts.

Despite starting in 2019, the business experienced significant growth during the COVID-19 pandemic when people were unable to go out and purchase decorations. ReadyFestive continues to serve customers, providing them with festive decor options.

What Is the Net Worth Of ReadyFestive?

According to our research, ReadyFestive’s net worth is estimated at $1.5 million. The valuation of ReadyFestive was $1.38 million after securing an investment from Robert Herjavec on Shark Tank season 14.

Also, read about other businesses that appeared on episode 09 of season 14 of Shark Tank:

Rate this post