VoChill Vine Glass Chiller Update | Shark Tank Season 14

Lisa Pawlik and Randall Pawlik came onto Shark Tank Season 14 to pitch their innovative and portable wine coolers, VoChill. They were seeking an investment of $300,000 in exchange for 5% equity. Can these couple of entrepreneurs find a way to strike a deal with the sharks or will the deal collapse as they negotiate? Let’s take a look at our pitch recap and VoChill update!

Shark Tank VoChill Update

VoCHILL Update

  • Entrepreneurs: Lisa Pawlik and Randall Pawlik
  • Business: Portable wine glass cooler
  • Ask: $300,000 for 5% equity
  • Result: No deal
  • Sharks: None

Lisa told the sharks that VoChill quickly cools room-temperature red wines down to 65 degrees Fahrenheit in about ten minutes, while also preserving the temperature of other types of wines. The product is designed to highlight the best characteristics of a glass of wine and improve the overall taste and temperature. 

VoChill Stemless Wine Glass Chiller | Keep the Chill In Your Glass | New Wine Accessory | Separable & Refreezable Chill Cradle | Actively Chills Stemless Glassware | Quartz, Single Stemless

Simply lift your glass from VoChill and enjoy. No objects inserted into wine and no metal or plastic taste or smell that compromise the drinking experience. Wine’s perfect partner while relaxing indoors or out, entertaining a guest, preparing dinner, or any time in between. VoChill makes the perfect gift for yourself or any wine lover in your life.

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VoChill has generated more than $800,000 in gross revenue during its first two years of business, with a very limited selection of products. Additionally, its products are sold almost exclusively online. The sharks were fairly impressed with the financial performance of the company.

The major problem for VoChill is that it isn’t profitable yet. Lisa and Randall have a super high customer acquisition cost and needed a strategic partner to help them get those costs down rapidly.

Kevin O’Leary, who has his own wine brand, offered $300,000 for 10% equity along with a $2 royalty until more than $1 million is paid back.

Mark Cuban and Barbara Corcoran weren’t interested and decided to drop out. Lori Greiner also wasn’t interested, leaving only Kevin O’Leary left in the negotiations. Lisa Pawlik and Randall Pawlik considered Kevin’s offer and decided to reject it due to the royalty requirement.  

Let’s take a look at our VoChill update after Shark Tank.

Despite failing to get a deal from Shark Tank, VoChill is trucking along better than ever. The exposure from the show resulted in a lot of positive feedback from wine drinkers across the nation.

Going forward without a shark, Lisa and Randall will have to figure out how to lower their customer acquisition cost so that VoChill can turn a profit. However, after their experience on Shark Tank, Lisa and Randall Pawlik look well-positioned to accomplish that goal and reach profitability in the coming years.

When we get more news about a VoChill update, we will let you know. In the meantime, be sure to check out its official website for more info!

For more updates on companies from Shark Tank Season 14 Episode 10, be sure to check the links below.

Additionally, don’t forget to check out our Season 14 products page too!