AirBedz Net Worth 2021

AirBedz is a California-based company that makes inflatable truck bed mattresses. They are designed to fit into the back of a full-size or half-size pickup bed, and feature custom cutouts for the wheel wells. The mattress is 12-inch thick, and comes with an integrated pump and air coil system. It is powered by a twelve-volt rechargeable battery. There are two versions, one for the six-foot bed, and another for the eight-foot bed.

As of January 2022, AirBedz is still a profitable business. Its products are sold in various retail outlets, including online retailers. Currently, the mattress is sold for about $200 to $269. Besides trucks, customers also include hunters and motor cross riders. Despite its relatively low-volume sales, the company has managed to increase its revenue by introducing new products.

When the company first appeared on Shark Tank, it was valued at about $1.7 million. That’s a lot of money, but Jim Pittman, the CEO of AirBedz, is looking for an investment of about $250,000. He’s requesting a 15% share of the company. During his appearance, he showed the Sharks that he already had substantial inventory. However, Pittman doesn’t seem to like how the Sharks criticized him. In fact, he sued AirBedz for patent infringement.

Since his Shark Tank appearance, Pittman has improved his product, and the company is now expanding its product line. One of the biggest changes is the addition of a new website. This site has a checklist to help buyers find and purchase AirBedz. Customers can pay through PayPal or Credit Card.

Another big change is that AirBedz has expanded its product line to include accessories. For instance, the company now has a backseat mattress. These mattress are available for rent in apartments, and they also sell online and at truck dealerships. Their mattress can be inflated using a cigarette lighter in your car while driving.

Pittman Outdoors also makes inflatable recreational devices, and sells several models of AirBedz. They also sell the mattresses in physical stores, but they have a short life span. Nevertheless, they are expected to be around for a few years.

Kevin O’Leary is the first Shark to attack the Air Bedz business. He was originally interested in the product, but he now seems to think that it’s a niche market. He wants to know why the Air Bedz aren’t selling 10,000 units a day. Corcoran, meanwhile, is concerned that the numbers don’t add up. She also wonders why the inventory isn’t being sold.

On the other hand, Robert Herjavec believes that the product has not proven itself. Daymond John agrees. Both of them believe that the industry is too small. However, the camping and outdoor sector is worth about $56 billion annually.

Although AirBedz has a relatively low market, it has a unique design that sets it apart from other products. In addition to being an innovative mattress, the company has a number of patents. A 12-volt rechargeable battery powers the mattress, and there are inflation and deflation options.