Dreampad Update | Shark Tank Season 9

The traditional way of playing sleep-inducing sounds like white noise disrupts sleeping partners. This problem led Randall Redfield, CFO and co-founder of Integrated Learning Systems (ILS), to create the DreamPad. This pillow uses bone conduction technology to deliver music directly to the user’s inner ear, eliminating sound disturbance and allowing for a personalized and private sleep experience. Do the sharks want the lullaby to send them to sleep? Keep reading to see what happens in our DreamPad update and pitch recap. 

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

Randall Redfield entered the Shark Tank seeking $800,000 for a 10% stake in his company, DreamPad. After delivering his pitch, the sharks weren’t convinced by the business idea, so he left the tank without a deal.

In terms of a Dreampad update, the company has continued to thrive. Their product line has expanded, and DreamPad products have garnered endorsements from reputable institutions like Columbia University Medical Center and the STAR Institute. Currently, their annual revenue is estimated at over $6 million.

Shark	Result
Mark Cuban	No offer
Robert Herjavec	No offer
Lori Greiner	No offer
Bethenny Frankel	No offer
Kevin O’Leary	No offer

Shark Tank DreamPad Pitch

• Entrepreneur: Randall Redfield
• Business: Pillows that play music through vibrations to help people sleep
• Ask: $800,000 for 10% equity
• Result: No Deal
• Shark: None

Randall began his pitch by explaining that the DreamPad is a pillow that uses a smartphone app to deliver calming music through vibrations. 

He explained that the unique technology creates a personalized sleep experience by transmitting the sounds directly to the user’s ear, unlike traditional methods that rely on speakers that can disrupt others nearby. 

Randall explains that his other company, Integrated Learning Systems (ILS), focuses on training professionals in sound and movement therapy. 

He then shares that the DreamPad was initially developed to help children with autism through this type of therapy. 

Randall highlighted the product’s success, telling the sharks that impressed parents had requested an adult version of the DreamPad due to its effectiveness in calming autistic children.

This positive response led Integrated Learning Systems to launch the product for the general public in 2016. 

The DreamPad itself includes a pocket for your smartphone, which connects via Bluetooth or a headphone jack. You can choose to play your own music or use the app, which features ten specially designed songs intended to promote deep sleep. 

To ensure effectiveness, ILS  partnered with independent research firms to evaluate DreamPad’s impact on individuals with ADHD, autism, PTSD, and those experiencing stress-related sleep issues. 

While the product demonstrates positive results, it’s important to note that we make no medical claims.

The DreamPad, priced at $179, is currently available for purchase on Amazon and the company’s website. 

Redfield is hoping to secure a shark’s investment to address his inventory needs and expand his business reach through retail outlets. 

After Randall’s presentation, all the sharks were curious about the DreamPad’s functionality and took turns trying it out. 

Once they returned to their seats, Richard offered them additional samples.

Kevin O’Leary questioned the DreamPad’s valuation, considering its resemblance to a “pillow with a speaker.” 

Randall countered by presenting his company’s financial performance. He highlighted $600,000 in sales for the previous year and projected $1.2 million for the coming year. 

Despite his projected profit of $150,000, the sharks remained unconvinced by Randall’s valuation justification. 

Mark Cuban, unconvinced that DreamPad was better than its competitors, was the first shark to bow out.

Consequently, Robert Herjavec is next out, saying, “The company’s valuation doesn’t add up.”

Kevin, citing concerns similar to those of the other sharks, goes out, too. 

Guest shark Bethenny Frankel is next out, also citing the valuation. 

Lori Greiner is interested in the business idea and asks Randall for a better valuation. When he says he can’t go higher than 15%, Lori goes out, too.

With no shark finding his company’s valuation justifiable, let’s see what Randall eventually made of his business idea in our DreamPad update. 

Shark Tank DreamPad Update 

Despite not securing a deal on Shark Tank, DreamPad has continued to thrive. 

Their product line has grown with the launch of DreamPad 2.0, which successfully raised over $75,000 on Kickstarter in April 2019. 

The company itself was acquired by Unyte, Inc. later that year, with Randall remaining on the team. 

Adding credibility, our DreamPad update found that the product has garnered endorsements from Columbia University Medical Center, Sleep Score Labs, and the STAR Institute, which recommends its products for children with autism. 

Additionally, their products are now available at major retailers like Walmart, Bed Bath & Beyond, and Amazon, as well as on the DreamPad website and SleepScore Labs. 

Since airing, the company has grown to an estimated $6 million in annual revenue and is showing no signs of slowing down.

We’d call this a successful Dreampad update!

You can find the other company updates from Season 9 Episode 8 here:

• Snarky Tea Update
• SnoofyBee Update
• No Mo-Stache Update

Before you go, be sure to check out our Shark Tank Season 9 page for more company updates!