What Happened to Somnia+ After Shark Tank?
In 2026, Brennan Hellmers and Sloane Barry walked into Shark Tank with a clever idea: a bed expander kit for cramped college dorm rooms. They were seeking a $100,000 investment in exchange for 5% of their business, Somnia+.
The idea started when the founders got tired of sleeping on tiny Twin XL beds. They built a tool-free kit that uses Velcro straps and a platform to make dorm beds 25% wider. During their pitch, the Sharks worried about the high $699 purchase price for college students, even though the cost to make each kit was around $225 to $235.
Despite concerns over early family funding, Barbara Corcoran saw potential in the business. She offered a $100,000 investment for 17.5% equity, and the founders accepted the deal.
After the show, online traffic and sale orders surged across college campuses nationwide. Today, Somnia+ is still in business and scaling up, with an estimated company net worth of around $600,000. The product is now used by students at over 100 universities!
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I must say that I have absolutely NO intention of violating the copyright holder's rights. All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the "about" page on my channel.
All are covered by the Fair Use law.
"Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."
The video is accurate as of the posting date, however, it might not be accurate going forward and should not be taken as investment advice.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.
AFFILIATE DISCLOSURE: There may be a few links in this description that, at no cost to you, will earn me a commission if you choose to click them and make a purchase. I may receive a commission at no extra cost to you. I appreciate your support in allowing me to continue to create helpful content for you. Thank you!
As an Amazon Associate I earn from qualifying purchases.
In 2026, Brennan Hellmers and Sloane Barry walked into Shark Tank with a clever idea: a bed expander kit for cramped college dorm rooms. They were seeking a $100,000 investment in exchange for 5% of their business, Somnia+.
The idea started when the founders got tired of sleeping on tiny Twin XL beds. They built a tool-free kit that uses Velcro straps and a platform to make dorm beds 25% wider. During their pitch, the Sharks worried about the high $699 purchase price for college students, even though the cost to make each kit was around $225 to $235.
Despite concerns over early family funding, Barbara Corcoran saw potential in the business. She offered a $100,000 investment for 17.5% equity, and the founders accepted the deal.
After the show, online traffic and sale orders surged across college campuses nationwide. Today, Somnia+ is still in business and scaling up, with an estimated company net worth of around $600,000. The product is now used by students at over 100 universities!
--------------------------------------
I must say that I have absolutely NO intention of violating the copyright holder's rights. All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the "about" page on my channel.
All are covered by the Fair Use law.
"Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."
The video is accurate as of the posting date, however, it might not be accurate going forward and should not be taken as investment advice.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.
AFFILIATE DISCLOSURE: There may be a few links in this description that, at no cost to you, will earn me a commission if you choose to click them and make a purchase. I may receive a commission at no extra cost to you. I appreciate your support in allowing me to continue to create helpful content for you. Thank you!
As an Amazon Associate I earn from qualifying purchases.
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