Product Update
Is Fundraiser Blankets Still in Business? (2026 Update)
Is Fundraiser Blankets from Shark Tank still around in 2026? The deal it made, the sharks who invested, and where to buy Fundraiser Blankets today.
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Fundraiser Blankets was already an 8 million dollar business before it ever set foot in the Tank, built by a former public school teacher and a 15-year Army veteran who turned a school fundraising problem into a bootstrapped, debt-free company. The Season 17 pitch was less a lifeline and more a growth accelerator for a company that did not need saving.
The Short Answer
Fundraiser Blankets is still in business and growing fast. There is no Amazon listing or standalone e-commerce site flagged in the fact record here, which fits a business model built around institutional sales to schools and organizations rather than individual consumer checkout, the company's core product is a fundraising tool for schools, not a retail impulse buy.
The Shark Tank Pitch
Joanna Serra, a former public school teacher, and Barbara Kent, a 15-year Army veteran and military spouse, pitched their custom-designed plush blanket fundraising program in Season 17, Episode 3, asking for 300,000 dollars for 10 percent equity. Their numbers going in were already striking: 3 million dollars in their first year of business, more than doubling to 8 million dollars the next, with a 10 million dollar projection for 2025.
The Deal That Got Done
Lori Greiner and Barbara Corcoran teamed up to offer 300,000 dollars for 20 percent equity, doubling the stake from the original 10 percent ask in exchange for the same capital amount, a fairly standard renegotiation pattern on the show when two sharks combine forces on a single pitch.
For a company built by a teacher and a military spouse selling directly into school fundraising programs, pairing with Corcoran's real estate and small business network alongside Greiner's retail and licensing relationships gives the founders two very different kinds of institutional connections to draw on.
Fundraiser Blankets net worth in 2026
There is no independently published net worth figure for Fundraiser Blankets, but the company's own disclosed revenue history gives a clearer picture than most Season 17 pitches: 3 million dollars in year one, 8 million dollars in year two, and a 10 million dollar projection for 2025, all achieved without outside debt prior to the Shark Tank deal.
Based on the deal terms, 300,000 dollars for 20 percent implies a 1.5 million dollar valuation at the time of the deal, a figure that looks conservative next to the company's own reported revenue numbers, which suggests the founders prioritized landing Greiner and Corcoran's networks over maximizing the headline valuation.
A Debt-Free Business Built on Schools
The company's core mechanic is straightforward: schools and organizations sell custom-designed plush polyester blankets as a fundraiser, and Fundraiser Blankets fulfills the order. That structure has produced what the founders describe as a 49x return on ad spend and, according to the company, over 4,000 schools served, an institutional customer base that tends to renew year after year as new fundraising cycles come around, unlike a typical one-time consumer purchase.
The founders emphasized in their pitch that the business was entirely bootstrapped and debt-free heading into the show, meaning the 300,000 dollar investment from Greiner and Corcoran was for growth capital rather than survival, a materially different position than most companies that walk into the Tank. Founders who pitch from a position of strength rather than desperation tend to negotiate harder, which is part of why the final equity split moved from the founders' original 10 percent offer only up to 20 percent rather than further, even with two sharks combining their leverage on the same deal.
Serra's background as a public school teacher is not incidental to the business model. She understood firsthand how much time-strapped teachers and parent-teacher organizations dislike traditional fundraisers built around selling wrapping paper or candy bars door to door, and built a product designed to be simpler to sell and more appealing to buy, a blanket a family will actually use rather than a box of chocolate bars destined for the office break room.
Where Things Stand Now
Fundraiser Blankets pitched in Season 17 already running an 8 million dollar business built debt-free by a teacher and an Army veteran, and closed a deal with Lori Greiner and Barbara Corcoran for 300,000 dollars at 20 percent equity.
The company reports serving more than 4,000 schools with a 2025 revenue projection of 10 million dollars. If you came here to check whether the school fundraising blanket company from Season 17 survived, it did, and it was thriving well before the cameras ever showed up.
Where to buy Fundraiser Blankets
Still selling as of March 6, 2026. Check today's price and availability.
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See the full Fundraiser Blankets deal breakdown and term sheet →
