Coverplay, a Protective cover for baby play yards, was started by Amy Feldman and Allison Costa in 2007. As of October 2023, Coverplay net worth is $2.3 Million and they’re pulling in a whopping $1 Million in annual revenue.
On August 30, 2009, they appeared on Season 1 of Shark Tank USA and made a deal with Barbara Corcoran, for $350,000 for 40% equity. The final valuation was $875,000 down from the founder’s initial estimate of $2.33 Million.
Coverplay is still in business. Their products are available on the official website.
Coverplay Net Worth
| Net worth | $2.3 Million (2023) |
| Annual Sales Revenue | $1 Million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investor | Barbara Corcoran |
| Founders | Amy Feldman and Allison Costa |
| Employees | 30 to 40 |
Coverplay Net Worth Timeline
| Net Worth 2023 | $2.3 Million |
| Net Worth 2022 | $2 Million |
| Net Worth 2021 | $1.8 Million |
| Net Worth 2020 | $1.6 Million |
| Net worth valuation in 2009 after appearing on Shark Tank | $875,000 |
| Net worth valuation in 2009 before appearing on Shark Tank | $2.33 Million |
Coverplay Pitch on Shark Tank
| Company name | Coverplay |
| Product | Protective covers for baby play yards |
| Episode | Season 01 Episode 04 |
| Founders | Amy Feldman and Allison Costa |
| Asked for | $350,000 for 15% equity |
| Final deal | $350,000 for 40% equity |
| Shark | Barbara Corcoran |
| Location | Medford, Oregon |
Don’t miss these products from Season 1
Coverplay Founders
Coverplay was founded by Amy Feldman and Allison Costa in 2007. They want to make a cleaner and safer environment for babies. Coverplay’s founders, Amy Feldman and Allison Costa, have a net worth of USD 2.3 Million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2020 | Coverplay got the patent for the unique design. |
| 2009 | Coverplay appeared on Shark Tank. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future of Coverplay and its continued success.
