Ellavate Shark Tank Update
Patented electric-assist, all-terrain stroller wagon. Handlebar sensors engage the motor on contact and automatic braking resistance on release; about 8 miles of assisted use; carries 100+ lbs over sand, snow, grass or pavement; safety-certified 5-point child seats; folds flat and is airline-safe with the batteries removed.
What Happened to Ellavate After Shark Tank
Is Ellavate still in business? Yes — still in business.
$225,000
reported annual revenue
- Launched March 2026; first 140-unit shipment sold out across 30 states
- Patented in-wheel drive unit; $1,599 retail with modular accessories (was $1,499 MSRP at filming)
Last verified Oct 1, 2026.
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The Ellavate Shark Tank Pitch
Megan Lancaster pitched Ellavate on Shark Tank Season 18, Episode 2, which aired Wednesday, September 30, 2026, asking for $150,000 for 5% of the company — a $3M valuation. At the time of the pitch, the company reported $225,000 in sales.
Erin and Sara Foster agreed to invest $150,000 for 10% equity, valuing the company at $1.5M.
Watch the Pitch
Pitch Details
- Aired
- S18E2Sep 30, 2026
- Ask
- $150,000for 5%
- Ask Valuation
- $3M
Deal Terms
- Amount
- $150,000
- Equity
- 10%
- Valuation
- $1.5M