Dare-U-Go Net Worth: Shark Tank Update

Dare-U-Go, the innovative bib brand from Season 10 of Shark Tank, continues to thrive in 2024, with remarkable growth, product enhancements, and a solid commitment to social causes.

Dare-U-Go’s Journey After Shark Tank

Since its appearance on Shark Tank in March 2019, Dare-U-Go has significantly expanded its reach, especially after securing a deal with Barbara Corcoran.

Although the details of the deal remain mostly undisclosed, it’s believed that Lisa D’Amato, the founder, entered into a distribution partnership following the pitch.

This collaboration with distributors allowed Dare-U-Go to expand its availability, enhancing visibility in stores and online across several regions and countries.

Manufacturing and Social Impact

In 2020, Lisa moved production to the USA to meet growing demand and ensure quality control.

Additionally, the company became a beacon of social responsibility, donating 50% of sales to charities for racial equality, resonating strongly with customers who share those values.

Product Improvements and Features

Dare-U-Go bibs, made from food-grade silicone, are now completely free from BPA, PVC, and latex. Their design integrates a spork holder and a lid that seals leftover food, making them even more convenient for parents.

The bibs are dishwasher-safe and made from eco-friendly materials, contributing to a more sustainable future.

Current Success and Net Worth

As of 2024, Dare-U-Go’s net worth is an impressive $46 million, reflecting strong consumer demand.

The product frequently sells out on platforms like Amazon, demonstrating its popularity and the brand’s continued success.

Dare-U-Go’s Market Presence

Priced at $22.99 per bib, Dare-U-Go products are available on major platforms like Amazon, Walmart, and BuyBuy Baby, and through their official website.

The brand’s focus on sustainability, convenience, and product quality continues to make it a favorite among busy parents.

Shark Tank Deal Recap

In her Shark Tank pitch, Lisa D’Amato sought a $350,000 investment for 10% of her business.

After a heartfelt story and impressive sales figures, she secured a deal with Barbara Corcoran: $350,000 for a 35% stake, with $150,000 in cash and $200,000 in debt.

Since then, Dare-U-Go has gone from strength to strength, with its strong market position and commitment to innovation and social causes.

The brand is poised for continued success in the children’s food container industry.