Ride-On Carry-On Net Worth 2023 Update (Before & After Shark Tank)

"Ride On Carry" Net Worth 2023 Update

Ride-On Carry-On is a fold-out child seat that attaches to luggage. This was created by Randy and Darryl Lenz in 2000. Ride-On Carry-On’s net worth was $200,000 in 2011, based on the Shark Tank deal.

In 2011, they appeared on Season 02 of Shark Tank USA and made a deal with Barbara Corcoran for $50,000 for 25% equity. 

After its appearance on the show, Ride-On Carry-On could boost sales and thrive in the market. In 2019, Ride-On Carry-On rebranded to SitAlong Toddler Luggage Seat. Even though Ride-On Carry-On indicates some success, as of December 2023, Ride-On Carry-On no longer appears to be in business. The company currently does not have a functioning website or social media handles. According to available information, Ride-On Carry-On went out of business in 2021. 

Ride-On Carry-On Net Worth

Net worth$200,000 (2011)
Annual Sales Revenue$1 million (2021)
Profits
Lifetime sales
InvestorBarbara Corcoran
FoundersRandy and Darryl Lenz
Employees

Ride-On Carry-On Net Worth Timeline

Net Worth 2023Out of business
Net Worth 2022Out of business
Net Worth 2021Out of business
Net worth valuation in 2011 after appearing on Shark Tank  $200,000
Net worth valuation in 2021 before appearing on Shark Tank  $200,000

Ride-On Carry-On Pitch on Shark Tank

Company nameRide-On Carry-On
ProductA fold-out child seat that attaches to luggage
EpisodeSeason 02 Episode 04
FoundersRandy and Darryl Lenz
Asked for$50,000 for 25% equity
Final deal$50,000 for 25% equity
SharkBarbara Corcoran
LocationPeachtree City, Georgia

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Ride-On Carry-On Founders

Randy and Darryl Lenz founded Ride-On Carry-On in 2000. Darryl functioned as a Flight Attendant at American Airlines for over two decades. Her experience as a Flight Attendant initially gave her the idea of Ride-On Carry-On. Along with her husband Randy, Daryll could develop this business idea. Ride-On Carry-On is a result of Randy and Darren’s academic, professional, and personal backgrounds. Ride-On Carry-On’s founders Randy and Darryl Lenz’s net worths are unknown as of 2023.

Key accomplishments

YearAccomplishment
2011Ride-On Carry-On was featured on Shark Tank and secured a deal.

Conclusion

Some companies that appear on the show have not achieved great success, and the Ride-On Carry-On was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Ride-On Carry-On went out of business in 2021. And the product is no longer available in the market.