Splash Place Swim Goggles Shark Tank Episode Update & Net Worth

Splash Place Swim Goggles Shark Tank Episode Update & Net Worth

Splash Place Swim Goggles, founded by Ashley Carson and her mother Karen Walker, appeared on Shark Tank in Season 15 Season 15, Episode 20. The company offers swim goggles and masks designed specifically for kids, featuring comfortable fabric straps instead of traditional plastic or rubber straps.

In their pitch, Ashley and Karen sought $200,000 for 15% equity, valuing the company at $1.3 million. They presented their innovative swim goggles with the following key features:

• Fabric straps made from a material similar to swimsuit fabric, providing a comfortable and adjustable fit without pulling on hair.
• Shatterproof, anti-fog polycarbonate lenses for optimal visibility.
• Hypoallergenic, latex and PVC-free construction.

During the pitch, the sharks were impressed by the product’s unique design and potential to solve common issues faced by parents when choosing swim goggles for their children.The offers made during the pitch included:

• Lori Greiner offered $200,000 for 25% equity, which Ashley and Karen accepted, finalizing the deal at a valuation of $800,000.

After appearing on Shark Tank, Splash Place Swim Goggles experienced a significant boost in sales and visibility. The partnership with Lori Greiner has helped the company expand its marketing efforts and distribution channels. As of 2023, the company has sold over 100,000 units and has a strong presence in the kids’ swim gear market.

As of now, Splash Place Swim Goggles is still in business and continues to sell its innovative swim goggles and masks through its website and various retail partners. The estimated net worth of the company is around $1.5 t0 2 million, reflecting its growth since the Shark Tank appearance and its potential in the children’s swim accessories market.

Splash Place Swim Goggles

In Shark Tank Season 15, Ashley Carson and her mother, Karen Walker, introduced the world to Splash Place Swim Goggles. Designed to solve common problems that parents and kids face with traditional swim goggles, these innovative goggles feature a stretchy, fabric band that is both tangle-free and durable.

The duo secured a deal with Lori Greiner for $200,000 in exchange for 10% equity. Since then, Splash Place Swim Goggles has seen significant growth, continuing to generate millions in sales each year, thanks to their presence on Amazon, their company website, and various boutiques. As of 2024, the company’s estimated net worth is $10 million.

Which Episode Number was Splash Place Swim Goggles on Shark Tank?

Splash Place Swim Goggles made their Shark Tank debut in Episode 20 of Season 15. This episode showcased the mother-daughter duo’s journey from frustration with traditional goggles to creating a product that resonated with parents and kids alike.

 Their pitch was memorable not only for the innovative goggles but also for the heartfelt story behind the company’s inception.

Splash Place Swim Goggles Shark Tank Full Episode ; What Happened at Shark Tank Pitch

During their Shark Tank appearance, Ashley Carson and Karen Walker pitched their Splash Place Swim Goggles, which feature a patent-pending fabric strap designed to prevent hair tangling and breaking.

They entered the tank seeking $200,000 for 5% equity, valuing their company at $4 million. The goggles, which retail for $21 with a $3 production cost, had impressive lifetime sales of $6.1 million at the time of the pitch.

The pitch began with a demonstration of the goggles’ ease of use and durability, capturing the sharks’ interest. Kevin O’Leary opted out, believing the company didn’t need a shark.

Robert Herjavec followed suit, but Lori Greiner made an offer of $200,000 for 10% equity, which Ashley and Karen accepted after a brief negotiation. This valued the company at $2 million post-money, half of their original ask.

What Happened to Splash Place Swim Goggles After Shark Tank?

Following their Shark Tank appearance, Splash Place Swim Goggles experienced a significant boost in sales and brand visibility.

The partnership with Lori Greiner proved to be invaluable as it opened doors to major retail deals and helped secure the additional molds the company needed to scale production.

 Since the episode aired, the company has expanded its market presence internationally, selling through Amazon, their website, and numerous boutiques, with an estimated annual revenue of $2 million.

How Much Is Splash Place Swim Goggles Worth?

As of 2024, Splash Place Swim Goggles is valued at approximately $10 million. This valuation is a testament to the company’s strong sales growth, innovative product design, and strategic partnership with Lori Greiner. The company’s ability to maintain profitability while expanding its reach into new markets has been a key factor in its continued success.

Is Splash Place Swim Goggles Still in Business?

Yes, Splash Place Swim Goggles is still thriving. The company has managed to maintain its momentum post-Shark Tank, continuing to produce and sell their unique goggles.

With a strong online presence on Amazon and their website, as well as a foothold in boutiques across the country, Splash Place Swim Goggles remains a go-to brand for parents seeking durable, tangle-free goggles for their kids.

The business has also remained committed to its roots by employing 14 part-time working moms, ensuring that each pair of goggles is made with care.