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 | – |
| Investor | Barbara Corcoran |
| Founders | Randy and Darryl Lenz |
| Employees | – |
Ride-On Carry-On Net Worth Timeline
| Net Worth 2023 | Out of business |
| Net Worth 2022 | Out of business |
| Net Worth 2021 | Out 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 name | Ride-On Carry-On |
| Product | A fold-out child seat that attaches to luggage |
| Episode | Season 02 Episode 04 |
| Founders | Randy and Darryl Lenz |
| Asked for | $50,000 for 25% equity |
| Final deal | $50,000 for 25% equity |
| Shark | Barbara Corcoran |
| Location | Peachtree City, Georgia |
Don’t miss these products from Season 2
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
| Year | Accomplishment |
| 2011 | Ride-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.
