Cousins and fellow warm beer haters Adam Callinan and Matt Campbell hope the Sharks like BottleKeeper, their solution for keeping bottled beer cold, in Shark Tank episode 1007. Simply put, the BottleKeeper is an insulated beer bottle holder. You can also call it a single serving cooler. The guys were hanging around on a warm summer day sipping beer out of plastic cups. The beer was getting warm and they didn't like it.
As they say on their website, Matt had an epiphany: “what if we could leave the beer in the bottle and put the bottle in something that would keep it cold, like one of those stainless steel water bottles?" The rest is history. In addition to keeping a bottle of beer ice cold, the protective sleeve prevents broken bottles, too. Places like the beach or pool aren't good places for broken glass. If you drop your beer in the bottle keeper, the bottle stays intact.
The guys started their business back in 2013 with a successful Fundable Campaign that raised $13,928. The “guts” of the Bottlekeeper is a quarter inch thick neoprene sleeve that lines the walls of a stainless steel container. It keeps beer much colder than a standard “koozie.”
Last September they released BottleKeeper 2.0 that includes a bottle opener in the cap, a tether and a powder-coated exterior. They claim over $10 million in sales and have plans for new products. A Standard or Stubby sized BottleKeeper costs $35 and the larger Bomber is $40. They also offer custom engraving, bulk orders for corporate gifts, replacement parts and apparel. They likely want a Shark's help to take them to the next level.
BottleKeeper Company Information
Posts about BottleKeeper on Shark Tank Blog
BottleKeeper Shark Tank Recap
Adam and Matt will pitch the panel of five Sharks on the business and its prospects for growth. They'll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Barbara Corcoran and Guest Shark Alex Rodriguez that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but they’ll need to show them THEY are capable of running the company to “Shark standards." A full pitch re-cap on BottleKeeper will be available on Shark Tank Blog once this episode airs.
BottleKeeper Shark Tank Update
The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on BottleKeeper & Adam Callinan and Matt Campbell as more details become available.