Halloween Moments Shark Tank Season 14 Update & Net Worth
Halloween Moments Shark Tank Season 14 Update & Net Worth Halloween Moments appeared on Shark Tank Season 14, Episode 3, with founder Daryl Braithwaite seeking $300,000 for 10% equity. The company presented a unique Pumpkin Glove Scraper Kit, designed to simplify the messy process of cleaning and carving pumpkins during Halloween. Despite an engaging pitch,…
Halloween Moments Shark Tank Season 14 Update & Net Worth
Halloween Moments appeared on Shark Tank Season 14, Episode 3, with founder Daryl Braithwaite seeking $300,000 for 10% equity. The company presented a unique Pumpkin Glove Scraper Kit, designed to simplify the messy process of cleaning and carving pumpkins during Halloween.
Despite an engaging pitch, the sharks did not invest, largely due to concerns over the significant amount of money raised and the limited sales history. However, post-show, the product experienced a boost in visibility and sales, especially with Halloween approaching.
As of 2024, Halloween Moments has generated $110,000 in lifetime sales and is expected to grow further as the Halloween season returns. The company’s estimated net worth is $10,000 as it continues to operate, though it faces the challenge of being a highly seasonal product.
What Is Halloween Moments? How Does It Work?
Halloween Moments is a company that produces a Pumpkin Glove Scraper Kit, which makes pumpkin carving faster, cleaner, and more enjoyable. The kit features a latex glove with a serrated aluminum blade and a plastic scoop attached to the fingers, enabling users to efficiently scrape out the insides of a pumpkin.
The glove protects the arm from pumpkin residue, while its design simplifies the removal of seeds and pulp, making it safe and fun for both adults and children.
The kit comes in different sizes, including Adult, Adult + Kid, and 2-Pack Adult, and retails between $12.99 and $19.99. The low manufacturing cost of $1.78 per unit makes the product highly profitable when sold at retail stores or online.
Halloween Moments Shark Tank Full Episode: What Happened At Shark Tank Pitch?
In Shark Tank Season 14, Episode 3, Daryl Braithwaite pitched Halloween Moments, asking for $300,000 for 10% equity at a $3 million valuation. During the pitch, Daryl demonstrated how the Pumpkin Glove Scraper Kit could simplify pumpkin carving, making the often messy task a more enjoyable experience for families.
While the sharks were impressed with the product’s concept and affordability, they were concerned by the financials. Daryl revealed that the company had raised $800,000 from investors, which surprised the sharks, given that the company had only generated $110,000 in sales by 2022.
The high amount of raised capital made the sharks question the business’s sustainability and growth potential.
Ultimately, all the sharks, including Mark Cuban, Daymond John, Lori Greiner, and guest shark Kendra Scott, opted out, with Daymond noting the company had too many investors and financial risks.
Halloween Moments Shark Tank Pitch Summary
Company Name | Halloween Moments |
Founder | Daryl Braithwaite |
Product | Pumpkin Glove Scraper Kits |
Amount Asked For | $300,000 for 10% equity |
Final Deal | No Deal |
Investor | None |
Season & Episode | Season 14, Episode 3 |
Lifetime Sales | $110,000 estimated |
Business Status | In Business |
Current Net Worth | $10,000 estimated |
What Happened To Halloween Moments After Shark Tank?
Although Halloween Moments did not secure a deal on Shark Tank, the business experienced a surge in sales following the show’s airing, especially as Halloween 2022 was just around the corner. The exposure helped increase the product’s visibility, and the Pumpkin Glove Scraper Kit became available in Walmart and online platforms like Amazon, along with the company’s official website.
Post-Shark Tank, the product received positive customer feedback for its convenience and ease of use, especially during the Halloween season. The company has continued to grow, but its success remains seasonal, with most sales occurring in the months leading up to Halloween.
How Much Is Halloween Moments Worth?
As of 2024, Halloween Moments has an estimated net worth of $10,000. Despite the promising sales increase following the Shark Tank episode, the business’s limited seasonal appeal and high capital investment have kept its valuation relatively low.
The company’s revenue, primarily driven by the Halloween season, reached $50,000 in 2022 and is expected to increase as the product gains more traction in the retail market.
Is Halloween Moments Still In Business?
Yes, Halloween Moments is still in business as of April 2024. The company continues to sell its Pumpkin Glove Scraper Kit through retail stores like Walmart and online platforms like Amazon and its official website. Although the product is seasonal, it remains popular during the Halloween season as a fun and practical solution for pumpkin carving.
The founder, Daryl Braithwaite, continues to promote the product, with the hope that it will become a staple in households across the country during Halloween.
Which Episode Number Was Halloween Moments on Shark Tank?
Halloween Moments appeared on Season 14, Episode 3 of Shark Tank, which aired on October 7, 2022. While the company did not secure an investment, the exposure from the show helped boost sales and increased the product’s visibility during the crucial Halloween season.