Is the stress of traveling with young kids preventing you from flying? 27-year veteran flight attendant Darryl Lenz used her expertise to solve this problem. She created a child seat that can attach to any carry-on bag. Will she roll off with a deal on
If you’re short on time, here’s a quick overview of what happened to Ride-On Carry-On after
Ride-On Carry-On appeared on
|Barbara Corcoran||Accepted deal of $50,000 for 25% equity|
|Kevin O’Leary||$50,000 for 20% equity of a license deal that he brings in|
|Daymond John||No Offer|
|Robert Herjavec||No Offer|
|Jeff Foxworthy||No Offer|
Shark Tank Ride-On Carry-On Update
- Entrepreneurs: Darryl and Randy Lenz
- Business: Rolling luggage doubling as travel stroller
- Ask: $50,000 for 25% equity
- Result: $50,000 for 25% equity
- Shark: Barbara Corcoran
Darryl brought Ride-On Carry-On to
She says it was inspired by traveling with their own son. Further, she has watched parents struggle through the airport with their little ones for many years.
The sharks are interested in the safety of the product. Darryl states that children from 8 months to 5 years can sit in the seat, which comes with a seatbelt.
Her fellow flight crew friends have been traveling through the airports with the Ride-On Carry-On to help Darryl’s product gain attention. She says people are very excited about it, but she needs help getting the word out even more.
Almost 20,000 units have been sold, with 2,000 sold in the previous year. Each chair retails for $39.95 and costs $7 to make.
Guest shark Jeff Foxworthy also wonders if the product has passed all safety inspections, and Darryl says it has. Then, Jeff asks what the couple wants to do with an investment.
Randy says they want it for product awareness, and also for website optimization. However, Kevin O’Leary tries to persuade them not to go into retail.
Jeff says a major luggage manufacturer might be a good idea, and Robert Herjavec agrees. Daymond John asks how much inventory they have.
The couple say they are out of product, with 2,000 orders pending.
While Jeff thinks it’s a great idea, the business isn’t for him. For that reason, he is out.
Robert doesn’t think they need an investment. He instead advises them to go get a licensing deal, but he’s out.
Barbara Corcoran offers the couple exactly what they asked for; $50,000 for 25% equity. However, the offer is contingent on adding more branding to the tray.
She thinks of it as a catalog sale, not as licensed to luggage manufacturers. That said, she offers to help with marketing.
Kevin offers $50,000 for 20% equity of the license and says he will do the licensing deal for them.
Daymond goes out but cautions against Kevin’s deal. Further, Barbara highlights once more, what she can do for them.
In the end, Darryl and Randy accept Barbara’s offer and leave with a deal for Ride-On Carry-On. Keep reading our Ride-On Carry-On update to find out what happens following
Our Ride-On Carry-On update reveals that the deal with Barbara went through, and the company enjoyed success for a few years. However, in 2023 the company is no longer in business.
Barbara recouped her investment easily and the company continued to thrive a few years after
In 2019, Ride-On Carry-On created a line of travel items and rebranded to SitAlong Toddler Luggage Seat. It was then picked up by a brand called Think King and had an annual revenue of $1 million.
Unfortunately, it has since disappeared from social media and its website is no longer in use. It’s unclear why, but it seems that this will be our final Ride-On Carry-On update.
If you would like to find out more about the other companies appearing on Season 2 Episode 4, follow the links to see how they all did.
For even more on companies and products, be sure to stop by our Season 2 Products Page!
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Jennifer is an avid Shark Tank fan that has been watching the show for years. She serves as Senior Editor at Shark Tank Recap and ensures that all our information is accurate and that our posts are up to date. Her favorite Shark Tank products are Le-Glue and Ring!