Buggy Beds Bug Trap Update | Season 4

Maria Curcio and Veronica Purlongo have created a patented system for catching and getting rid of bed bugs. They want to help stop infestations before they happen. Will they earn a deal on Shark Tank Season 4? Find out in our Buggy Beds update!

Shark Tank Buggy Beds Update

Buggy Beds Update

  • Entrepreneurs: Maria Curcio and Veronica Purlongo
  • Business: Early detection system for bedbugs
  • Ask: $125,000 for 7% equity
  • Result: $250,000 for 25% equity
  • Sharks: Mark Cuban, Daymond John, Kevin O’Leary, Barbara Corcoran, Robert Herjavec

Maria and Veronica were on fire from the moment they walked into Shark Tank Season 4, educating the sharks regarding the recent astronomical increase in bed bug infestations in America. The effectiveness of their simple early detection device, Buggy Beds was just the tool to change that.

BuggyBeds® Bed Bug Glue Traps, Home, 12 Pack

12 pack, value pack Buggy beds Early detection, monitors bed bugs for to 6 months before or after infestation, attractant draws bed bugs into the glue & traps them.

We earn a commission if you make a purchase, at no additional cost to you.

Although the Beddy Bugs had only launched 6 months prior to filming, they had already grossed $150,000 in sales, $100,000 of which was pure profit.

Maria was quick with the numbers and accolades, revealing that a housing authority had received 144 units from them as samples only to return with a purchase order for 22,000 units. Their MSRP was $6.99 to $8.99 for a 2-pack, costing just $1.35 to make.

With purchase orders and interest from major retailers like Home Depot, Burlington Coat Factory, ShopRite, and Walmart, the sharks were impressed overall. Their only hang-up was the valuation.

Daymond John finally asked what made their company worth $1.75 million. Maria said that a large company offered them $5 million for the patent and trademarks pre-launch. It was at this moment that she recognized the value of her product and company, and declined the offer.

The sharks were stunned. Kevin O’Leary cried out in disbelief that they would turn down a $5 million offer. Nonetheless, they remained extremely interested, and Kevin actually asked the two entrepreneurs to leave so the sharks could discuss as a group.

At this juncture, Daymond floated an idea to bring in all five sharks and offer $250,000 for 25%. Kevin was amenable, but Barbara Corcoran said she’d prefer to get a bigger chunk of equity instead.

When the ladies returned, Kevin introduced an offer of $250,000 for 25%, and invited any fellow sharks to come in on the deal if they would like. Daymond jumped in right away, while Barbara made a different offer of $150,000 for 15%.

Robert Herjavec remarked that the two offers valued the company similarly, and Veronica said she was not looking to give up that amount of equity. Since Maria and Veronica didn’t give Barbara a quick answer, Barbara went out.

Then, Mark Cuban suggest that the sharks would all go in for the $250,000 for 25% deal, minus Barbara who said she didn’t want to be part of their “boy’s club.”

After a beat, Barbara reconsidered, agreeing to go in, and Maria and Veronica walked away with a five shark deal! What happened next for their company? Keep reading our Buggy Beds update to find out!

With an unprecedented deal, it would stand to reason that our BuggyBeds update will be unprecedented as well.

As planned, BuggyBeds was rolled out in a number of major retailers, and their product remains the standard for early detection tools for bed bugs. Buggy Beds remains in business, with an estimated $4 million company value.

With five sharks promoting the brand, we are confident that our next BuggyBeds update will be even better. Products are available on Amazon and the Buggy Beds website.

Would you like to learn about the other company updates from Season 4 Episode 1? Follow the links below!

For even more on companies and products, be sure to stop by our Season 4 Products Page!

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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!