Trippie Shark Tank Update

Airport Navigation App

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Shark Tank Spotlight

Trippie Shark Tank Experience

Trippie was pitched on Season 9, Episode 1 of Shark Tank, where Ryan Diew asked for $100,000 for 10% equity in his company. While it was disappointing not to secure a deal, the Shark Tank appearance gave Trippieproviding interactive maps and real-time information about amenities such as gates, restaurants, and restrooms.

Despite Ryan’s passion and the app’s promise, none of the Sharks decided to invest. The primary concerns were:

Scalability: The app only covered a limited number of airports, and the Sharks doubted its potential to expand beyond that niche.
Revenue Model: There wasn’t a clear path to monetization, which left the Sharks uncertain about its long-term profitability.
Competition: Established travel apps like Google Maps and Yelp already offered similar features, and the Sharks felt that Trippie would struggle to differentiate itself in a saturated market.

While it was disappointing not to secure a deal, the Shark Tank appearance gave Trippie invaluable exposure and a significant boost in visibility.

Pitch


Entrepreneurs	Ryan Diew
Product	A mobile app designed to simplify airport navigation by providing interactive maps and information on restaurants, restrooms, and other amenities. It aims to save travelers time during layovers or when rushing to find essential services in airports.
Investment Sought	$100,000
Equity Offered	10%
Initial Sales	Trippie had limited traction, with downloads primarily from word-of-mouth marketing. Exact revenue numbers were not highlighted during the pitch. The app covered only a few major airports, which the Sharks felt was a limitation.
Retail Plans	Ryan planned to expand Trippie’s database to include more airports globally and improve its functionality. The goal was to make it the go-to app for travelers navigating airports. Monetization strategies, such as partnerships with airports and premium features, were not fully developed at the time.

Sharks


Mark Cuban	No offer made.
Kevin O’Leary	No offer made.
Lori Greiner	No offer made.
Rohan Oza	No offer made.
Barbara Corcoran	Did not make an offer.

Final Deal

No offer was made.

Trippie Shark Tank Update

Although Trippie didn’t secure funding on Shark Tank, it did gain traction post-show. Before the appearance, Trippieo significantly increase its downloads. Before the appearance, Trippie had relatively modest user numbers, but after airing, there was a noticeable uptick in the app’s visibility.

Sales and Downloads

After the show aired, Trippie saw a substantial increase in app downloads, with users curious to try out the airport navigation service they saw on TV. In 2017, Trippie had reached over 100,000 downloads across both iOS and Android platforms. Trippie’s user base continued to grow in 2018, with more frequent flyers discovering the app and downloading it to help them navigate through major airports

Airport Coverage

At the time of its pitch, Trippie only covered a limited number of airports, which was one of the main points of contention with the Sharks.
Today, Trippiek Tank appearance, Ryan worked to expand the app’s airport database.
Today, Trippie offers coverage of major airports across the United States and internationally, including popular airports in cities like New York, Los Angeles, and Chicago.

Monetization and Business Model Evolution

One of the major concerns for the Sharks during the pitch was Trippie’s unclear revenue model. Ryan had to figure out how to turn the app into a profitable business. In the years following the pitch, Ryan explored various monetization strategies, including:

1. Partnerships with Airports and Airlines: Trippie started exploring partnerships with airports and airlines to integrate its services into their existing digital platforms. This would give Trippie access to a broader audience and potential revenue streams.

2. Premium Features: Ryan also considered introducing premium features for users, such as offline airport maps or personalized travel itineraries.

3. Advertising: Like many free apps, Trippie could also rely on advertisements as a source of revenue. By partnering with restaurants, shops, and other amenities inside airports, Trippie could generate income through ads placed within the app.

Trippie’s User Experience and Features

Despite not securing a deal on Shark Tank, Trippie has continuously improved its functionality to better meet the needs of its users. Some of the key features that set Trippie apart include:

1. Interactive Airport Maps: The app provides users with detailed, interactive maps of airports, making it easy to locate gates, amenities, and services.

2. Real-Time Updates: Trippie offers real-time flight updates and gate changes, ensuring users stay informed during their airport visits.

3. Searchable Lists of Amenities: Users can quickly find food options, restrooms, and other essential services, saving time and reducing stress.

4. User-Friendly Interface: The app is designed to be simple and intuitive, making it accessible for both frequent travelers and those navigating airports for the first time.

Conclusion

Trippie’s journey after Shark Tank proves that, even without a deal, a product can still find success. The future looks bright for Trippie the show is a testament to Ryan Diew’s perseverance and the app’s usefulness to travelers. As more users discover its convenience and functionality, Trippie is positioning itself to become a must-have app for anyone navigating busy airports. The future looks bright for Trippie, and with more airport partnerships and expanded features on the way, it could soon be a staple in every traveler’s toolkit.

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