Boobie Bar - Shark Tank Update

Boobie Bar - lactation bars for breastfeeding

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Season 9, Episode 17 Founded by Wendy Colson In Business

Boobie Bar Details

Shark Tank Episode Details

Founders Wendy Colson
Air Date 2018-01-14
Season & Episode Season 9, Episode 17
Initial Ask $150K for 10.0% equity
Deal Details Got deal: $150K for 20.0% equity from Daymond John
Estimated Yearly Revenue $2+ million
Estimated Net Worth (4x estimated revenue) $8 million

The Shark Tank Pitch

Registered nurse and lactation consultant Wendy Colson transformed her clinical experience into entrepreneurial success when she noticed a recurring problem among new mothers seeking her help with breastfeeding challenges. Drawing from her background as an RN and IBCLC, Colson identified the gap between traditional lactation support methods like messy teas and difficult-to-swallow supplement pills versus what busy mothers actually needed - a convenient, tasty solution that could boost milk production naturally.

Her innovation led to the creation of Boobie Bar, herbal lactation bars packed with galactagogues that provided the equivalent of 15 supplement capsules in one delicious snack, available in flavors like oatmeal chocolate chip that mothers could enjoy while supporting their breastfeeding journey. Seeking $150,000 for 10% equity and valuing her company at $1.5 million, Colson entered Shark Tank Season 9 with impressive momentum including over $770,000 in lifetime sales, placement in 500+ retail locations including Walmart and Buy Buy Baby, and remarkable customer loyalty with over 50% of customers making repeat purchases, while citing her own study showing mothers increased milk production from an average of 1.5 ounces to 4.6 ounces daily when consuming her bars regularly.

Where Are They Now?

When Wendy pitched her lactation bars to the sharks, she faced skepticism about health claims from Mark Cuban, who criticized marketing to 'desperate moms' as immoral and exited immediately, followed by Lori Greiner and guest shark Sarah Blakely who declined due to the lack of clinical trials.

However, both Kevin O'Leary and Daymond John recognized the business potential, each offering $150,000 for 20% equity, with Daymond proposing to license the product while keeping Wendy as the face of the company. Colson accepted Daymond's offer, citing his understanding of parenting struggles and experience with young children as key factors in her decision.

The partnership with Daymond proved transformational for Boobie Bar, as his involvement helped secure major retail partnerships including Target and significantly boosted the company's national profile. We found that Boobie Bar has achieved remarkable success since their Tank appearance, expanding from $770,000 in lifetime sales to $2+ million in annual revenue by 2021-2022, while diversifying their product line to include Boobie Bark chocolate, Boobie Body protein shakes, Hydro Mom electrolyte drinks, and Boobie Bears gummy supplements, all maintaining the same galactagogue blend that made the original bars successful.

The company has maintained strong retail presence at major chains including Target, Walmart, Amazon, and specialty pregnancy retailers, while Wendy continues to innovate with subscription box services and new product categories, proving that sometimes the best business solutions come from healthcare professionals who understand their patients' real-world needs and create practical alternatives to traditional medical approaches.

Revenue

$2+ million

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