Splash Place Swim Goggles Net Worth 2024 Update & Their Shark Tank Pitch!

Splash Place Swim Goggles, a swim goggles with a stretchy fabric band founded by Ashley Carson and Karen Walker, telecasted Shark Tank USA in 2024 on Season 15. The founders were seeking $200,000 for 5% equity for their business. However, they secured a deal with Lori Greiner, $200,000 for 10% equity. In this article, we will explore Splash Place Swim Goggles’s net worth in 2024, its Shark Tank pitch summary and more.

Splash Place Swim Goggles Net Worth

As of June 2024, Splash Place Swim Goggles’s net worth is estimated at $3.6 million, and its annual revenue is $1.8 million. 

Splash Place Swim Goggles Net Worth Timeline

Shark Tank Splash Place Swim Goggles Update from Season 15 

Splash Swim Goggles began as a small family business in Goodyear, Arizona, founded by Ashley Carson and her mother, Karen Walker. In the Shark Tank show, they were seeking $200,000 in exchange for 5% equity, valuing the company at $4 million.

Splash Place Swim Goggles makes goggles and masks just for kids. Instead of using plastic or rubber, they use cloth straps. Their goggles and masks are known for being strong, comfortable, and practical.

The lenses, made from polycarbonate, don’t fog up and don’t break easily. This helps kids see clearly in the water. The goggles are hypoallergenic, PVC-free, and made without latex, which is good for kids with allergies. Kids as young as three years old can use these goggles, and there are versions for adults, too. 

They are also especially great for kids with special needs. Moreover, their Swim Goggles fix another issue. That is, normal goggles often get tangled in girls’ hair, but their goggles avoid this problem!

The sharks found the smart idea of using a fabric band impressive, and some even wanted to try them with their kids. Also, no other goggles other than this use a swim-suit quality fabric band. They offer over 25 designs in various fabric and colour combinations, allowing kids to choose their favourites or match their swimsuits.

Moreover, she shared how she tragically lost her son at six weeks old and how her children’s father suffered a severe brain injury. To support her family, she began sewing the clothes. When her son’s goggles broke, she made a strap by herself instead of buying a new pair. That was one of the reasons for creating her brand.

The sharks asked about the sales of Splash Swim Goggles. The founders shared that they had made $6.1 million in total sales since starting in 2017 and $1.75 million in the past year alone. Further, they said that they also hired 14 part-time working moms to make the goggles. Each pair costs $3 to produce and sells for $21. 

Kevin O’Leary thought they didn’t need a shark, so he went out of the deal. Robert Herjavec liked the product but wanted investments where he could have a bigger impact, so he also decided not to invest. 

However, Lori Greiner offered $200,000 for 10% equity. But Ashley countered with 7.5%, and Lori declined it. Finally, after some discussion, they quickly accepted Lori’s original offer, valuing the company at $2 million.

Summary of the Sharks’ Deal List!

What Happened to Splash Place Swim Goggles after Shark Tank?

As of June 2024, the Splash Place Swim Goggles is still in business. Partnering with Lori is expected to boost Splash Place Swim Goggles significantly. After their Shark Tank appearance and Lori’s investment, their popularity has soared, and they are likely exploring new business opportunities. 

The products are available on Amazon, the Splash Place Swim Goggles website, and in hundreds of boutiques. For more details, visit their website to find listed retailers. You can buy the goggles for $24.95 and the swim masks for $26.95. Sometimes, the goggles are on sale for $21.95. Stay tuned for more updates on Splash Place Swim Goggles.

Splash Place Swim Goggles Founders

Ashley Carson and Karen Walker founded Splash Place Swim Goggles in 2017. In 2010, Ashley Carson and her family were preparing for a vacation when she discovered that her child’s swimming goggles, bought just a month earlier, had already broken. Additionally, she felt frustrated with the rubber straps that kept breaking and pulling her child’s hair. Therefore, Ashley decided to find a solution for it.

With experience in running a business that sold kids’ headbands, she replaced the broken strap on the goggles with fabric, ensuring it wouldn’t pull hair. The new strap worked very well and was durable. Seeing the positive results, Ashley wanted to help others avoid the same frustration. In May 2017, she and her mother, Karen, launched Splash Swim Goggles.

It took nearly a year to perfect the goggles after testing the prototype on her child. Ashley previously ran a home business for children’s items. They used spare fabric to create the new strap, which held up surprisingly well.

Ashley and Karen appreciate the support from their community, customers, and local shops. They are proud to produce their goggles locally and work with dedicated women who share their commitment to quality and creativity. Ashley Carson and Karen Walker’s net worth is $3.7 million as of June 2024.

Splash Place Swim Goggles Achievements and Awards

Conclusion

Shark Tank is a TV show showcasing different business ideas, helping them succeed. Splash Place Swim Goggles was one of the ventures featured on the show. They made a deal with Lori Greiner, showing that success is possible with the right idea and execution. Now, we eagerly await to see how their success story unfolds in the future.