Lollacup, now rebranded as Lollaland, a children’s sippy cup brand founded by Mark and Hanna Lim, appeared on Shark Tank in 2012, securing a $100,000 deal from Mark Cuban and Robert Herjavec. The business has since rebranded to Lollaland and expanded its product line.
Lollaland has enjoyed steady growth and is valued at approximately $2 million as of 2024. Though it hasn’t undergone any acquisitions, the company continues to thrive with direct investments from its Shark Tank investors.
Lollaland remains in operation, focusing on safe, BPA-free products for kids, and has built a strong presence in retail and online markets.
Lollacup Net Worth
| Net worth | $2 million (2023) |
| Annual Sales Revenue | $2 million (2023) |
| Lifetime sales | Not publicly available |
| Investor | Robert Herjavec and Mark Cuban |
| Founder | Mark and Hannah Lim |
| Employees | Not publicly available |
Lollacup Pitch on Shark Tank
| Product | Stylish and functional sippy cup with a weighted straw |
| Episode | Season 03 Episode 12 |
| Founders | Mark and Hannah Lim |
| Asked for | $100,000 for 15% Equity |
| Company name | Lollacup |
| Final deal | $100,000 for 40% Equity |
| Sharks | Robert Herjavec and Mark Cuban |
| Location | Monrovia, California |
Don’t miss these products from Season 03
Lollacup Founders
Lollacup was founded by Mark and Hannah Lim in 2010. Mark Lim is a serial entrepreneur with over 20 years of experience in the consumer goods industry. Hanna Lim is a marketing and branding expert with over 15 years of experience. Lollacup’s founders, Mark and Hannah Lim, have a net worth of $2 million as of 2024.
Key accomplishments
| Year | Accomplishment |
| 2012 | Appeared on Shark Tank season 03 and Robert Herjavec and Mark Cuban invested $100,000 for 40% Equity. |
| 2014 | Expanded product offerings to include new colors and designs of the Lollacup sippy cup. |
| 2015 | Launched the Lollacup straw bottle. |
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 for Lollacup and its continued success.