Storing breast milk is a challenge for most new moms. Reusable bags don’t cut it, and you often end up crying over spilled milk. Nikeytha “Nickey” Ramsey’s company, produces silicone bags that can change the way you store breast milk. Will the sharks see the potential in these bags during
Shark Tank Junobie Update
- Entrepreneur: Nikeytha “Nickey” Ramsey
- Business: Reusable breast milk storage bags
- Ask: $100,000 for 10% equity
- Result: $100,000 for 22.5% equity
- Shark: Emma Grede
Nickey’s innovative breast milk storage bags have earned $86,000 in year-to-date sales, and are projected to do $300,000 by the end of the year. Junobie, her company, used to be on Amazon but had to pull the listings due to a lack of inventory. During our Junobie update, you’ll find out why that’s not a problem for her anymore.
Nickey’s pitch went well, and the sharks were interested despite low sales. However, Kevin O’Leary dropped out immediately because he had a disconnect with the product. Mark Cuban, on the other hand, praised Nickey, but it just wasn’t for him. He was out, too.
Lori Greiner left soon after, stating that it wasn’t the right business for her. This left guest shark Emma Grede and Barbara Corcoran.
Emma Grede offered $100,000 for 25% equity because she loved the product and Nickey. In response, Barbara went out. She said she would have made the same offer.
Nickey tried to negotiate with Emma, but she refused. After some back-and-forth, they finally landed on $100,000 for 22.5% equity and Nickey accepted the deal. Now let’s turn our focus to a Junobie update.
Junobie doesn’t just do breast milk storage bags anymore. A quick look at their website shows a next-generation storage bag with clearer measurements, a cooling bottle, and more. There’s no doubt that the deal with Emma allowed Junobie to expand its product offerings and make a difference for moms everywhere.
This is likely only the beginning for the company, and we can’t wait for our next Junobie update.
You can find our other company updates from Season 13 Episode 14 here:
Before you leave, check out more Season 13 company updates on our Season 13 products page.