Bed Jets on The Shark Tank
|Bed Jets Heating and Cooling System for Beds|
On Shark Tank Episode February 3, 2015
Mark Aramli from Newport, Road Island is the inventor of the Bed Jet Comforter appearing on the Shark Tank next Tuesday night, February 3, 2015 in Episode 616. This isn't the old fashion technology used in Electric Blankets taking up to an hour just to heat up, but a highly sophisticated new technology warming or cooling the BedJet Comforter within two minutes time.
Before Aramli invented the Bed Jet Climate Control System for Beds, He was an engineer for NASA working on Spacesuits dealing with optimal climate control within different controlled environments. It stands to reason if an Astronaut can control the heating and cooling system inside a spacesuit, then why couldn't this technology work inside the beds linen?
The BedJet first did what a lot of Shark Tank Products do, they proved the concept at the Crowd Funding Site, Kickstarter. The crowdfunding campaign successfully ended January 17, 2014 with over $58,000.00 in pledges from an initial $38k goal.
According to a recent update, just a few weeks ago, Mark said the initial 600 Bed Jet units are now complete with the first 200 beginning to ship to the Kickstarter backers. He also mentions 85 more BedJets have been pre-ordered from the website within the past year and another 20 units will be sent out to retail buyers. This leaves less than 300 BedJets for sale during this episode of the Shark Tank scheduled to first air Tuesday night February 3, 2015.
Here's an updated video how the BedJets work with any sized bed with sheets and a comforter. From what I can tell, Aramli is working on a single unit with temperature controls for both sides of the bed, but currently you'd need two Bed Jets for this added benefit.
Bed Jets Reviews before the Shark TankConsidering no one likes crawling under cold sheets on an already cold night, it's easy to see a huge demand for the Bed Jets climate controlled technology. The only thing worse is those hot nights you keep peeling off layers of blankets and sheets until there's nothing left, and you still can't get a good nights sleep. Now just imagine your bed always at the perfect temperature you can easily control anywhere from an App.
The current price for a single Bed Jet cost's $499.00 that seems like a decent price considering the costs of the first production run bringing this Smart Bed to market. The first production was 600 units times $499 each and a retail value of $300k. Obviously Bed Jet didn't have any sales prior to going on the Shark Tank last Summer (except for Kickstarter pre-orders) which might have been difficult determining a fair valuation at that time. This will be an interesting set of negotiations for a product with lots of potential growing into a very successful new Shark Tank Product.
Personally I think one of the biggest customers to focus on at this point would be High-Quality Hotels offering their guests the best possible sleeping conditions possible. I would imagine a large percentage of those same guests would order a Bed Jet for themselves even before checking out.
Watch the Bed Jets on the Shark Tank this Tuesday night for a Brand New Episode on ABC.