Ellavate on Shark Tank

Name: Ellavate
Availability: InStock

Ellavate makes an electric-assist, all-terrain stroller wagon for families. It is aimed at parents who want help pulling kids and gear over hills, sand, grass and rough terrain during outings and trips.

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Official website checked Nov 1, 2026.

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Price range $30-$1,599 checked Oct 2026

⏱ Ellavate in 30 seconds

The ask$150K for 5%Valued at $3M
In the tankDeal: $150K for 10%With Erin and Sara
After the showNot confirmedNo public record either way
TodayStill in businessElectric-assist stroller wagon sold direct to consumers

Ellavate Shark Tank deal

Asked for: $150,000 for 5%
Asking valuation: $3M
Result: Deal
Final deal: $150,000 for 10%
Deal valuation: $1.5M
Sharks: Erin Foster, Sara Foster
Founders: Megan Lancaster
From: -
Aired: Sep 30, 2026

Asked

$3M

Got

$1.5M

Shop Ellavate

Popular products from Ellavate, with prices as listed when we checked (October 2026).

Ellavate Electric Wagon$1,599View ↗

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The pitch

Megan Lancaster pitched Ellavate in Shark Tank Season 18, Episode 2 (aired Sep 30, 2026). They asked for $150,000 in exchange for 5% equity, valuing the business at $3M. The entrepreneurs walked away with a deal from Erin Foster and Sara Foster: $150,000 for 10%. That put the final valuation at $1.5M, 50% below what they originally asked for.

What happened to Ellavate after Shark Tank?

Still in business Last checked November 1, 2026

Our checks

Nov 1, 2026: Visited the official website: it is working.

Ellavate makes an electric-assist stroller wagon designed by Megan Lancaster and her mother, Renee, of Newport Beach, California. The idea came from a 2020 beach trip crowded with families pulling manual wagons. The wagon carries up to 100 pounds at up to 4 mph, folds down, and is certified to the UL2272 safety standard. It launched on Indiegogo in July 2024 and was pitched on Shark Tank's second Season 18 episode in September 2026.

Update: Electric-assist stroller wagon sold direct to consumers

Timeline since the show

2024-07
Launched the electric-assist wagon on Indiegogo
2026-09
Pitched on Shark Tank Season 18

Sources (5)

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Frequently asked questions

Did Ellavate get a deal on Shark Tank?

Yes. Ellavate got a deal with Erin Foster and Sara Foster for $150,000 and 10% equity.

Which Shark invested in Ellavate?

Erin Foster and Sara Foster invested in Ellavate on Season 18 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is Ellavate still in business?

As of our last check (November 2026), Ellavate appears to still be in business. Its official website is online, and electric-assist stroller wagon sold direct to consumers.

What season and episode was Ellavate on Shark Tank?

Ellavate appeared in Season 18, Episode 2, which first aired on September 30, 2026.

Where can I buy Ellavate?

You can buy Ellavate from its official website and often on Amazon.

What was Ellavate's valuation on Shark Tank?

The founders valued Ellavate at $3,000,000 when they entered the Tank, and the final deal valued it at $1,500,000.