Goverre Spill-Proof Wine Glass Update | Shark Tank Season 8

When Regan Kelaher’s son knocked over a wine glass at an outdoor gathering, she and Shannon Zappala knew there had to be a better way to prevent future spills. They came up with Goverre—a stylish, spill-proof wine glass with a silicone sleeve and secure lid, perfect for enjoying wine on the move. With its durable glass that keeps every sip tasting right, Goverre might just be a solution the sharks can toast to. Let’s see how the negotiations go for Regan and Shannon in our Goverre update and pitch recap.

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

Regan and Shannon entered Shark Tank Season 8, seeking $200,000 for 13% equity in their modern and portable wine glass business. Ultimately, they reached an agreement with Mark Cuban, Lori Greiner, and Robert Herjavec for $200,000 for 33.3% equity.

In terms of a Goverre update, the company generated $400,000 in sales within a week of its episode airing. Since airing, the company has grown to over $4.6 million in lifetime sales.

Shark	Result
Mark Cuban, Lori Greiner, and Robert Herjavec	Accepted offer of  $200,000 for 33.3% equity
Kevin O’Leary	$200,000 for 33.3% equity
Daymond John	No offer

Shark Tank Goverre Pitch

• Entrepreneurs: Regan Kelaher and Shannon Zappala
• Business: Modern and portable wine glasses
• Ask: $200,000 for 13% equity
• Result: $200,000 for 33.3% equity
• Sharks: Mark Cuban, Lori Greiner, and Robert Herjavec

Regan and Shannon entered Shark Tank with a vision to improve outdoor wine experiences with their innovative portable wine glasses.

They sought an investment to boost inventory and expand their product reach, ensuring wine lovers everywhere could enjoy a stylish, spill-proof glass on the go.

Goverre, as a brand, focuses on portable wine glasses for wine lovers who enjoy drinking outdoors.

The company’s main product is a stemless, spill-proof wine glass with a silicone sleeve for grip and a drink-through lid to prevent spills.

This design is ideal for activities like picnics, beach outings, and concerts.

Goverre’s target customers are wine enthusiasts who want a better option for outdoor settings.

Unlike typical plastic cups, Goverre glasses are made from soda-lime glass, which preserves wine’s taste.

In addition, the silicone sleeve offers extra durability and grip, and it is available in colors for added style.

What truly sets Goverre apart, however, is its thoughtful design. The glasses are dishwasher safe, which simplifies cleaning.

During the pitch, Robert Herjavec remarked that while the product was great, what impressed him most was the energy Regan and Shannon exuded.

Meanwhile, Kevin O’Leary, known for his appreciation of wine, valued the practicality of the glass itself.

As the pitch unfolded, it became clear that all the sharks were interested.

Kevin, in particular, liked the idea of using glass for wine, noting that wine in plastic cups doesn’t taste the same.

To add to their interest, the sales numbers further fueled their interest, with the previous year’s revenue hitting $500,000.

Impressed by these figures, Kevin offered $200,000 for 33.3% equity in the business.

After some negotiation, Robert suggested a three-way deal with Mark Cuban and Lori Greiner.

Mark enthusiastically voiced his support, mentioning that part of his interest was to outdo Kevin in the deal.

Lori added to the playful rivalry, assuring that she intended to outshine Kevin in the competition decisively.

In the end, the three sharks matched Kevin’s offer, which Regan and Shannon happily accepted.

Let’s see how a three-shark investment worked out for the entrepreneurs in our Goverre update.

Shark Tank Goverre Update

Our Goverre update found that the deal with the sharks eventually closed successfully. The outcome provided the company with the necessary capital to expand operations.

Further, the week following the episode’s airing, the company generated $400,000 in sales, effectively selling out its entire inventory.

However, shortly after this success, Goverre faced a legal challenge. A competing brand, Govino, filed a lawsuit against them for trademark infringement.

This legal battle lasted approximately two years and was resolved favorably for Goverre just before going to trial in 2019.

The sharks’ $200,000 investment was utilized to cover the legal expenses associated with this lawsuit.

Despite this setback, Goverre continued to grow its product line.

In August 2019, they introduced portable champagne flutes, and by July 2020, they launched portable cocktail glasses.

In 2021, they expanded further by adding portable charcuterie plates. These additions aimed to enhance the outdoor dining experience for their customers.

Our research into the Goverre update found that the company’s annual sales revenue reached $1 million in 2022.

Further, its lifetime sales total $4.6 million, and its valuation currently sits at over $2 million.

At the time of this writing, Goverre remains operational, and its products are available on its website.

Despite the numerous challenges, we’re calling this Goverre update a success.

Check out our other updates from Season 8, Episode 22 here:

• See Rescue Streamer Update
• BootyQueen Apparel Update
• Loctote Industrial Bag, Co. Update

Before you go, be sure to check out our list of all the Shark Tank Season 8 products.