Quickflip on Shark Tank

Quickflip is a hoodie that converts into a backpack. It is designed for people who want to carry a layer with them without tying it around their waist, appealing to travelers, students, and festival-goers.

Visit official site ↗ Check price on Amazon

Official website checked Nov 1, 2026.

We may earn a commission when you buy through our links. It never affects what we write. How we make money

🖨️ Giving this as a gift? Print the "story behind your gift" card

⏱ Quickflip in 30 seconds

The ask$500K for 5%Valued at $10M
In the tankDeal: $500K for 10%With Lori
After the showNot confirmedNo public record either way
TodayStill in business

Quickflip Shark Tank deal

Asked for: $500,000 for 5%
Asking valuation: $10M
Result: Deal
Final deal: $500,000 for 10%
Deal valuation: $5M
Shark: Lori Greiner
Founders: -
From: CA
Aired: May 12, 2019

Asked

$10M

Got

$5M

Would you have invested in Quickflip?

The pitch

The founders from CA pitched Quickflip in Shark Tank Season 10, Episode 23 (aired May 12, 2019). They asked for $500,000 in exchange for 5% equity, valuing the business at $10M. The entrepreneurs walked away with a deal from Lori Greiner: $500,000 for 10%. That put the final valuation at $5M, 50% below what they originally asked for.