Flasky Flowers – Flask & Bouquet Shark Tank Season 13
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Flasky Flowers – Flask & Bouquet Shark Tank Season 13
Flasky Flowers merges the charm of a flower bouquet with the utility of a flask, making it a perfect gag gift. The product allows users to discreetly carry a drink within a flower arrangement.Entrepreneurs Ryan and Kelly Moynihan impressed the sharks with this quirky idea and secured a deal with Kevin O’Leary, Mark Cuban, and Lori Greiner for $75,000 in exchange for 30% equity.Summary:
- Company Name: Flasky Flowers
- Founders: Ryan Moynihan, Kelly Moynihan
- Founded: 2021
- Product: Flower bouquet with hidden flask
- Asked For: $75,000 for 10% equity
- Final Deal: $75,000 for 30% equity with Kevin O’Leary, Mark Cuban, and Lori Greiner
- Season/Episode (Shark Tank USA): Season 13, Episode 3
- Business Status: In Business
- Headquarters: Charlotte, North Carolina, USA
- Lifetime Worth (Sales): Not Disclosed
- Investors: Kevin O’Leary, Mark Cuban, Lori Greiner
- Go To Amazon: Buy Now
- Watch On: Amazon Prime
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Description
Flasky Flowers – Flask & Bouquet Shark Tank Season 13
While Flasky Flowers secured a surprising multi-shark deal on Shark Tank, the company’s long-term success remains to be seen.
The Moynihans’ risky move to sell their house and quit jobs to start the business with 7 kids raised concerns, but the product’s novelty and the Sharks’ investment provided a boost to keep the company operating.
Here is a summary of Flasky Flowers’ appearance on Shark Tank Season 13:
Flasky Flowers on Shark Tank
- Entrepreneurs: Ryan and Kelly Moynihan
- Business: Bouquet holders with hidden flasks for discreet drinking at weddings
- Ask: $50,000 for 10% equity
- Pitch: The Moynihans demonstrated how the bouquet holder conceals a flask with a straw, allowing brides to discreetly sip drinks during their wedding. They sold their house and quit their jobs to start the business while raising 7 kids.
- Shark Reactions: The Sharks were amused by the novelty product but had concerns about the lack of sales ($21,000 lifetime) and high risk.
- Deal Made: After negotiations, Lori Greiner, Mark Cuban and Kevin O’Leary offered $75,000 for 30% equity, which the Moynihans accepted.
Flasky Flowers After Shark Tank
- Current Status: As of 2024, Flasky Flowers remains in business, selling its bouquet holders online for $25 each or $100 for a 5-pack.
- Sales: The company has made close to 500 sales on its Etsy shop with many 5-star reviews.
- Valuation: Flasky Flowers’ net worth was estimated at $250,000 in 2021.
- Shark Tank Deal: It’s unclear if the deal with Lori, Mark and Kevin closed, as the business is not listed on their websites. The Sharks’ involvement in the company’s growth since the episode is unknown.