Dare-U-Go Update | Shark Tank Season 10

Lisa D’Amato was tired of carrying separate bibs, containers, and plates every time she left the house with her toddlers. To make things easier, she created Dare-U-Go, a wearable silicone bib with built-in, re-sealable compartments that hold food and snacks. Let’s see if Lisa was able to convince the sharks to partner with her company in our Dare-U-Go update and pitch recap.

If you’re short on time, here’s a quick overview of what happened to Dare-U-Go after Shark Tank.

Lisa entered Shark Tank Season 10, seeking $350,000 for 10% equity in her food storage company. After her pitch, she landed a deal with Barbara Corcoran for $150,000 for 35% equity and a $200,000 loan.

In terms of a Dare-U-Go update, the company expanded to 20 countries and launched on major platforms like Amazon, Walmart, and BuyBuy Baby. Further, that same year, it moved manufacturing to the U.S. and committed 50% of website sales to racial equality charities.

Shark	Result
Barbara Corcoran	Accepted offer of $150,000 for 35% equity and a $200,000 loan
Kevin O’Leary	$100,000 for 25% equity and $250,000 as a loan
Robert Herjavec	No offer
Lori Greiner	No offer
Mark Cuban	No offer

Shark Tank Dare-U-Go Pitch

• Entrepreneur: Lisa D’amato
• Business: Food Storage for Kids
• Ask: $350,000 for 10% equity
• Result: $350,000 for 35% equity
• Shark: Barbara Corcoran

Lisa entered Shark Tank to present Dare-U-Go, a multifunctional children’s bib that doubles as a food container and tray.

The bib is made from food-grade silicone, costs $2.68 to produce, and sells for $22.99.

It’s designed to simplify meals for parents by combining multiple tools into one.

Customers buy directly online, and in the first three months, sales had already topped $100,000.

By the time she appeared on the show, total sales had reached $300,000.

Lisa said there was no direct competition in the market. She added that three large companies were interested in distributing the product.

She then shared a personal story about battling anorexia as a child, explaining how that experience shaped her passion for helping kids eat well.

The sharks appreciated her background, but the pitch soon got tense.

Robert Herjavec asked about the market size. Lisa responded that the global children’s bib market was worth $15 billion. Mark Cuban didn’t like that answer.

He said she shouldn’t have mentioned a global market if she had truly watched the show. He accused her of lying and dropped out.

Kevin O’Leary made the first offer of $100,000 for 15% equity and $250,000 as a loan. Lisa wasn’t ready to accept.

Lori Greiner followed Mark and dropped out, too. She liked the idea but felt Lisa didn’t understand her business well enough.

Robert also passed, saying the product didn’t fit his investment profile, even though he liked her story.

Kevin adjusted his offer to 20% equity while keeping the $250,000 loan. Lisa held off again.

Barbara Corcoran spoke up next. She believed Lisa needed structure and offered $350,000 for 50% of the business.

In addition, Barbara said the company would do better with strong leadership alongside Lisa.

Kevin responded with another revised offer of $100,000 for 25% equity and $250,000 as a loan.

Barbara came back with a new offer of $150,000 for 35% equity and a $200,000 loan, totaling the same $350,000.

Lisa considered both options. She decided to go with Barbara’s offer.

The deciding factor was Barbara’s experience and ability to help her grow and stabilize the business.

Let’s see how the company has been doing since appearing on Shark Tank by taking a look at our Dare-U-Go update.

Shark Tank Dare-U-Go Update

Our Dare-U-Go update found that the deal with Barbara Corcoran never closed.

Instead, Lisa partnered with one of the three distributors she had already been working with.

In September 2020, Dare-U-Go expanded to 20 countries and became available on Amazon, Walmart, and BuyBuy Baby.

That same year, Lisa moved manufacturing to the U.S. to meet increasing demand.

Lisa also announced that 50% of sales would go to racial equality charities in 2020, tying social impact into her brand’s growth.

At the time of writing, it appears the products are no longer being sold on Amazon but are still available on the Dare-U-Go website.

Further, it looks like the social channels haven’t been updated in a few years. So, despite some initial success, it looks like things may have slowed down.

If we get any more news on a Dare-U-Go update, we will let you know!.

You can find the other company updates from Season 10 Episode 17 here:

• Press Waffle Co. Update
• Silk Roll Update
• Pick-Up Pools Update

Before you go, be sure to check out our list of all the Shark Tank Season 10 products.