Under The Weather Pods - Shark Tank Update

weatherproof pop-up pods

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Season 8, Episode 20 Founded by Rick Pescovitz In Business

Under The Weather Pods Details

Shark Tank Episode Details

Founders Rick Pescovitz
Air Date 2017-04-07
Season & Episode Season 8, Episode 20
Initial Ask $600K for 10.0% equity
Deal Details Got deal: $600K for 15.0% equity from Mark Cuban
Estimated Yearly Revenue Unknown
Estimated Net Worth (4x estimated revenue) Unknown

The Shark Tank Pitch

Weather protection for outdoor sports fans moved from makeshift tarps and oversized umbrellas to an elegant personal solution when entrepreneur Rick Pescovitz watched his son play youth football through a cold, gray Ohio autumn afternoon and understood viscerally what was wrong with every existing solution: ponchos left fans cold and vision-impaired, umbrellas obstructed neighbors and blew inside-out in wind, and stadium-authorized gear provided no meaningful warmth in sub-40-degree bleacher conditions. Pescovitz set out to design a personal weather pod - a lightweight, backpack-portable enclosure that a single person could unfold and sit inside at a stadium bleacher seat, creating personal shelter that blocked wind and rain while a clear vinyl eye-level window maintained an unobstructed sightline to the field.

The resulting Under The Weather Pod deployed from a compact carry bag in under a minute, featured a ventilated clear-panel viewing strip, accommodated standard stadium seating, and was large enough for personal items and snacks. It functioned as a one-person tent without the floor, transforming bleacher attendance in November rain from an endurance test into a comfortable experience.

Materials were selected for packability and durability: the pod collapsed small enough to carry in a seat-sized bag that doubled as the product's storage case, making it practical for the parking lot hike and the bleacher climb. The design extended naturally beyond football to any outdoor spectating environment - soccer sidelines, lacrosse tournaments, baseball fields, youth sports in cold climates, fishing from a boat deck on a blustery morning - giving the product a broader addressable market than the initial football framing suggested.

Rick entered the Tank seeking $600,000 for 10% equity at a $6 million valuation, with meaningful sales already demonstrating that his target audience of passionate sports parents and dedicated outdoor fans would pay real money for genuine weather comfort that didn't obstruct their view or create friction for the spectators beside them.

Where Are They Now?

Mark Cuban emerged as the decisive investor for Under The Weather, offering Rick Pescovitz $600,000 for 15% equity - matching the entrepreneur's requested amount at a 5% higher equity stake, which reflected Mark's assessment that the company still had meaningful execution risk in scaling manufacturing and distribution and that his capital and network would be essential for navigating that path. The other sharks had engaged substantively before declining: Lori Greiner saw genuine QVC potential for the pods as a sports gift product but worried about the seasonality, which risked strong fourth-quarter revenue followed by minimal activity through warmer months, creating cash flow volatility that small companies found difficult to manage.

Kevin O'Leary pressed on the average selling price and retail margin structure, noting that stadium weather accessories competed in a category where customers shopped infrequently and repeat purchase cadence differed from consumables he preferred. Barbara Corcoran appreciated the demonstration but felt the retail execution path required more capital than the deal was providing.

Daymond John passed due to limited overlap with his fashion focus. Rick accepted Mark's terms. The Shark Tank episode generated significant immediate awareness among the product's target audience of outdoor sports families and dedicated fans, with strong post-episode web traffic and order volume validating the concept's appeal.

The company expanded its product line to include larger two-person pods and pursued sports organization partnerships for branded versions that opened additional B2B revenue channels beyond individual consumer sales. We found that Under The Weather Pods continues to operate successfully with products available through their website and major online retail channels, maintaining consistent demand from outdoor sports spectator communities particularly in northern and Midwestern states where weather-challenged fall and spring seasons create sustained need for personal shelter solutions at outdoor events.

Revenue

Unknown

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