Nightcap Shark Tank

Drink Cover

Nightcap Shark Tank Drink Cover

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Table of Contents

NightCap is a drink-spiking prevention product designed to protect beverages in bars, clubs, or social gatherings. It’s a fabric drink cover that doubles as a scrunchie, making it a stylish yet practical safety tool. Users can wear the scrunchie and then stretch the cover over their drink, creating a physical barrier that prevents unwanted substances from being added to their beverages.

The product comes with a straw hole for convenience, ensuring it doesn’t hinder the drinking experience. NightCap is lightweight, reusable, and washable, making it an eco-friendly and discreet solution for personal safety.

The Founders and the Inspiration

NightCap was created by Shirah Benarde, a teenager, who was inspired to act after hearing stories from her peers about the dangers of drink spiking. She wanted to create an easy-to-use, portable solution to help prevent such incidents. Shirah teamed up with her brother, Michael Benarde, who helped her develop the product and turn the idea into a business.

The siblings launched NightCap to promote safety while raising awareness about drink spiking and the dangers associated with it.

Nightcap Shark Tank Drink Cover

NightCap Shark Tank Experience

NightCap appeared on Shark Tank during Season 12, Episode 12, which aired in early 2021. The siblings pitched their innovative product to the Sharks, highlighting its practical uses and potential impact on reducing drink spiking.

Shirah and Michael asked for $60,000 in exchange for a 20% stake in their company. The pitch stood out not only for the product’s originality but also for the duo’s passion and mission-driven approach.

Shark Tank Summary

Season and Episode
Season 12, Episode 12
Air Date
February 5, 2021
Entrepreneurs
Shirah and Michael Benarde (siblings)
Product
NightCap is a protective drink cover that doubles as a stylish scrunchie. It is designed to prevent drink spiking by covering the glass and providing a small opening for a straw. The product is reusable, washable, and eco-friendly.
Investment Sought
$60,000
Equity Offered
20%
Valuation
$300,000
Initial Sales
~$68,000 in the six months prior to the pitch.
Retail Plans
Expand distribution through retail partnerships and enhance online sales. They believed Lori Greiner’s expertise in retail could help scale the product quickly.
Shark Reactions
The Sharks were impressed by the uniqueness of the product and the mission-driven approach.
Bidding War
No bidding war.
Final Deal
The entrepreneurs accepted Lori Greiner’s offer of $60,000 for 25% equity.

*After the filming of a Shark Tank episode, investments are subject to thorough audits and evaluations. During this time period, the terms of the investment can be altered or canceled by either party. As a result, the deals presented on the show may not always come to fruition for various reasons. This site does not guarantee the accuracy of any final investment figures.

Post-Show Developments

Since their appearance on Shark Tank, NightCap has experienced significant growth. Lori Greiner helped bring the product to a wider audience through her marketing expertise and distribution networks. NightCap has been featured in retail stores and online platforms, increasing its accessibility to customers worldwide.

The product has received positive feedback for its innovation, practicality, and social impact. Additionally, the brand has leveraged its platform to educate people about drink spiking, reinforcing its mission of promoting safety.

Nightcap Shark Tank Drink Cover

Awards and Recognition

NightCap has won several awards, including the 2020 Florida State University InNOLEvation Challenge. It has also been praised by media outlets and safety organizations for its innovative approach to addressing a pressing issue.

Why NightCap Matters

NightCap isn’t just a product; it’s a movement. With drink spiking incidents on the rise globally, NightCap offers a simple yet effective solution. It empowers individuals, particularly women, to feel safer in social settings. By normalizing the use of safety tools like NightCap, the brand is helping to reduce stigma and encourage conversations around personal safety.

Conclusion

NightCap’s journey from an idea to a successful business venture highlights the power of innovation and passion. By addressing a significant safety concern, Shirah and Michael Benarde have created a product that not only solves a problem but also inspires a broader conversation about safety and awareness.

For anyone looking for a stylish and practical way to stay safe, NightCap is an excellent choice. It’s more than a product—it’s a symbol of empowerment and proactive change.

Update

Check out out the new update on NightCap Shark Tank Update.

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FAQs

How does NightCap work?

NightCap is a reusable drink cover that fits over most glasses, preventing substances from being added to your drink. It also doubles as a scrunchie for portability.

Where can I buy NightCap?

NightCap is available on its official website, Amazon, and select retailers.

Can NightCap fit all drink sizes?

NightCap is designed to fit most standard glasses. However, it may not cover oversized or uniquely shaped drinkware.

Is NightCap reusable?

Yes, NightCap is washable, reusable, and eco-friendly, making it both practical and sustainable.

Was NightCap’s deal with Lori Greiner finalized?

Yes, Shirah and Michael accepted Lori’s offer of $60,000 for 25% equity on Shark Tank, and Lori has helped scale the product.