Teddy Needs A Bath Shark Tank Update

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Fell ThroughNow:OperatingChildren & EducationSeason 4, Episode 13San Francisco, CAby Nicole TownendWebsite

What Happened to Teddy Needs A Bath After Shark Tank

Is Teddy Needs A Bath still in business? Yes — still in business.

Deal Fell Through

Equity deal did not close; Cuban instead loaned money at favorable rate to finance purchase orders; no equity stake was taken

Deal with Mark Cuban never closed but he financed purchase orders
Got into Babies R' Us
Secured licensing deal with Gund

Last verified Apr 1, 2026.

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The Teddy Needs A Bath Shark Tank Pitch

Nicole Townend of San Francisco, CA pitched Teddy Needs A Bath on Shark Tank Season 4, Episode 13, which aired Friday, January 11, 2013, asking for $50,000 for 10% of the company — a $500,000 valuation.

Mark Cuban agreed to invest $100,000 for 30% equity, valuing the company at $333,333, plus a royalty per unit. The deal fell through after the show. Equity deal did not close; Cuban instead loaned money at favorable rate to finance purchase orders; no equity stake was taken.

Watch the Pitch

Pitch Details

Aired: S4E13Jan 11, 2013
Ask: $50,000for 10%
Ask Valuation: $500,000

Deal Terms

Terms agreed on air. The deal did not close.

Amount: $100,000
Equity: 30%
Valuation: $333,333
Royalty: yes per_unit