Ice Beanie on Shark Tank

Name: Ice Beanie
Availability: InStock

Ice Beanie is a beanie with built-in cold packs that cover the head and eyes. It is designed to provide soothing cold therapy for headaches, aimed at people who want a hands-free alternative to an ice pack.

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Price range $29.99-$71.98 checked Oct 2026

⏱ Ice Beanie in 30 seconds

The ask$50K for 20%Valued at $250K
In the tankDeal: $50K for 25%With Mark
After the showNot confirmedNo public record either way
TodayStill in businessFrom $29.99

Ice Beanie Shark Tank deal

Asked for: $50,000 for 20%
Asking valuation: $250K
Result: Deal
Final deal: $50,000 for 25%
Deal valuation: $200K
Shark: Mark Cuban
Founders: Nic Lamb
From: -
Aired: Feb 12, 2021

Asked

$250K

Got

$200K

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Where to buy: AmazonCVSWalmart

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The pitch

Nic Lamb pitched Ice Beanie in Shark Tank Season 12, Episode 13 (aired Feb 12, 2021). They asked for $50,000 in exchange for 20% equity, valuing the business at $250K. The entrepreneurs walked away with a deal from Mark Cuban: $50,000 for 25%. That put the final valuation at $200K, 20% below what they originally asked for.