Slumberpod, a Blackout sleep tent for babies and toddlers, was started by Lou Childs and Katy Mallory in 2014. As of September 2023, Slumberpod’s net worth is $5 Million and they’re pulling in a whopping $3 million in annual revenue.
On January 5, 2020, they appeared on Season 11 of Shark Tank USA and made a deal with Barbara Corcoran, for $400,000 for 20% equity. The final valuation was $2 Million, Same as the founder’s initial estimate.
Slumberpod company is still in business. Their products are available on the website and Amazon.
Slumberpod Net Worth
| Net worth | $5 Million (2023) |
| Annual Sales Revenue | $3 million (2022) |
| Profits | – |
| Lifetime sales | – |
| Investor | Barbara Corcoran |
| Founders | Lou Childs and Katy Mallory |
| Employees | – |
Slumberpod Net Worth Timeline
| Net Worth 2023 | $5 Million |
| Net Worth 2022 | $4.5 Million |
| Net Worth 2021 | $3.5 Million |
| Net Worth 2020 | $3 Million |
| Net worth valuation in 2020 after appearing on Shark Tank | $2 Million |
| Net worth valuation in 2020 before appearing on Shark Tank | $2 Million |
Slumberpod Pitch on Shark Tank
| Company name | Slumberpod |
| Product | Blackout sleep tents for babies and toddlers |
| Episode | Season 11 Episode 10 |
| Founders | Lou Childs and Katy Mallory |
| Asked for | $400,000 for 20% equity |
| Final deal | $400,000 for 20% equity |
| Shark | Barbara Corcoran |
| Location | Columbus, Georgia, 31907, United States |
Don’t miss these products from Season 11
Slumberpod Founders
Slumberpod was founded by Lou Childs and Katy Mallory in 2014. Katy has a background in sales operations. They are mother and daughter duo. Slumberpod’s founders, Lou Childs and Katy Mallory, have a net worth of USD 5 million as of 2023.
Key accomplishments
| Year | Accomplishment |
| 2023 | Slumberpod has received a patent for its product |
| 2020 | SlumberPod 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 for Slumberpod and its continued success.