Being a parent is stressful. When you bring your baby home, you worry about whether they’re getting enough to eat and whether they’re thriving. The Hatch Baby Changing Table sought to change all of that. Dave Weiss and his wife Ann Crady- Weiss developed this smart table with a built-in scale and app integration. What will the sharks think of this smart scale on
Shark Tank Hatch Baby Update
- Entrepreneurs: Dave Weiss and Ann Crady-Weiss
- Business: Smart changing pad with weight tracking
- Ask: $250,000 for 2.5% equity
- Result: $250,000 for 25% equity
- Shark: Chris Sacca
Ann began the pitch by explaining her anxieties about being a first-time parent. She worried about her daughter’s weight and was constantly taking her to the doctor. She created the Hatch Baby changing table to help ease the fears of over 90% of moms. It tracked your baby’s weight after every feeding, ensuring that they were getting enough to eat.
Second generation Smart Changing Pad. Track your baby’s weight gain between doctor visits. Measure how much your baby is drinking at every feeding (in ounces or grams).
Robert Herjavec wondered if this was necessary, but Ann again told him that it’s incredibly scary to bring a baby home and that the scale eased parents’ worries.
At the time of filming, they had no sales. However, Ann started Baby Center, which she sold to Johnson and Johnson. Her past experience, she said, gave her an edge over the competition. Each changing table cost $89 to make and sold for around $300. They planned to sell online only.
Mark Cuban didn’t think this plan would pan out like they thought, so he went out. Robert Herjavec said they can’t plan future success based on past successes, so he went out too.
Lori Greiner thought the price was unjustified for the product, so she went out. Kevin O’Leary followed. This left guest shark Chris Sacca.
Chris liked the idea but didn’t think it was investable. He went out. However, Ann asked if he’d like to be brought in on a $250,000 note based on their previous rounds of financing. Chris took the deal. Where is the company now? Find out as we continue our Hatch Baby update.
There’s a lot of good news for Hatch Baby. They expanded their product line to include an app-controlled nightlight with white noise and different colors, as well as multiple products that can grow with your children. They even have adult products. Our Hatch Baby update research revealed that as of 2022, the company makes about $5 million annually.
You can find the changing table, as well as the other products in their product line, on the Hatch Baby website.
What about the other products featured in Season 7 Episode 14? Find our company updates for those products here:
Don’t forget that you can check out the other company and product updates on our Season 7 Products Page!