Ice Beanie Shark Tank Update
beanie with ice packs
What Happened to Ice Beanie After Shark Tank
Is Ice Beanie still in business? Yes — still in business and thriving.
$3M
estimated annual revenue
- Deal closed: $50,000 for 25% equity with Mark Cuban; deal finalized October 2021
- Over $1 million in lifetime revenue as of August 2023
- Sold over 200,000 units generating over $8 million in revenue as of July 2024
Last verified Apr 5, 2026. Web-confirmed sources.
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The Ice Beanie Shark Tank Pitch
Nic Lamb pitched Ice Beanie on Shark Tank Season 12, Episode 13, which aired Friday, February 12, 2021, asking for $50,000 for 20% of the company — a $250,000 valuation.
Mark Cuban agreed to invest $50,000 for 25% equity, valuing the company at $200,000. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S12E13Feb 12, 2021
- Ask
- $50,000for 20%
- Ask Valuation
- $250,000
Deal Terms
- Amount
- $50,000
- Equity
- 25%
- Valuation
- $200,000
Mark Cuban