Lollacup Shark Tank Update

Baby and Child Care

DealNow:OperatingChildren & EducationSeason 3, Episode 12Monrovia, CAby Mark and Hannah LimWebsite

What Happened to Lollacup After Shark Tank

Is Lollacup still in business? Yes — still in business.

$2M

reported annual revenue

  • Deal with Robert Herjavec for $100,000 for 40% equity on Season 3
  • Top seller on Amazon in the Baby products category
  • Expanded to own warehouse with employees post-show
  • Major retail distribution

Last verified Apr 10, 2026.

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The Lollacup Shark Tank Pitch

Mark and Hannah Lim of Monrovia, CA pitched Lollacup on Shark Tank Season 3, Episode 12, which aired Friday, April 27, 2012, asking for $100,000 for 15% of the company — a $666,667 valuation.

Robert Herjavec agreed to invest $100,000 for 40% equity, valuing the company at $250,000. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S3E12Apr 27, 2012
Ask
$100,000for 15%
Ask Valuation
$666,667

Deal Terms

Amount
$100,000
Equity
40%
Valuation
$250,000
Robert HerjavecRobert Herjavec