Fundraiser Blankets makes customisable blankets designed for school and organisation fundraising campaigns. The founders landed a deal with Lori Greiner and Barbara Corcoran.
What Is Fundraiser Blankets?
Fundraiser Blankets produces custom-designed blankets that schools, sports teams, and organisations can sell to raise funds. Each blanket can be personalised with team colours, logos, and designs, making them a premium alternative to traditional fundraising products like candy or wrapping paper.
The Shark Tank Pitch
The founders asked for $300,000 for 10% equity, valuing the company at $3 million. The pitch highlighted the large and recurring market for school fundraisers.
The Deal
Lori Greiner and Barbara Corcoran teamed up with $300,000 for 20% equity, doubling the equity from the original ask.