Fundraiser Blankets Shark Tank Update

Blankets for School Fundraisers

DealNow:ThrivingChildren & EducationSeason 17, Episode 3Romeo, MIby Joanna Serra, Barbara KentWebsite

What Happened to Fundraiser Blankets After Shark Tank

Is Fundraiser Blankets still in business? Yes — still in business and thriving.

$8M

reported annual revenue

  • Deal closed: $300K/20% from Barbara Corcoran + Lori Greiner
  • Revenue: $3M (2023), $8M (2024), projected $10M+ (2025)
  • Over 4,000 schools served; bootstrapped with zero debt
  • INC5000 #157 (2025), up from #444 (2024); 49x return on ad spend

Last verified Apr 4, 2026. Web-confirmed sources.

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The Fundraiser Blankets Shark Tank Pitch

Joanna Serra and Barbara Kent of Romeo, MI pitched Fundraiser Blankets on Shark Tank Season 17, Episode 3, which aired Wednesday, October 8, 2025, asking for $300,000 for 10% of the company — a $3M valuation.

Barbara Corcoran and Lori Greiner teamed up and agreed to invest $300,000 for 20% equity, valuing the company at $1.5M. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S17E3Oct 8, 2025
Ask
$300,000for 10%
Ask Valuation
$3M

Deal Terms

Amount
$300,000
Equity
20%
Valuation
$1.5M

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