Lollacup

Lollacup

Deal

Baby and Child Care

Lollacup, the baby and child care, landed on the national radar after pitching the sharks in Season 3, and convinced Mark Cuban and Robert Herjavec to invest.

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From the show

The Shark Tank pitch

$100K
Asked for
15%
Offered equity
$667K
Sought valuation
$100K
Deal amount
40%
Deal equity
$250K
Deal valuation

Mark and Hannah Lim faced the sharks in Season 3, Episode 12 in the episode that aired April 27, 2012, bringing their Monrovia, CA business with them. Lollacup, the baby and child care, pitched in the Kids & Education category, one of 134 kids & education businesses to brave the Tank across all 17 seasons.

They came in asking $100,000 in exchange for 15% equity, putting a $667K valuation on the business.

Mark Cuban and Robert Herjavec teamed up at $100,000 for 40% equity. That priced the company at $250K, a haircut from the $667K the founders walked in asking for, which is how negotiations in the Tank usually go.

Across Season 3, 28 of 60 pitches ended in a handshake. In the Kids & Education category overall, roughly 66% of pitches have landed a shark across the show's history.

The full story

Everything to know about Lollacup

Lollacup is a spill-resistant straw cup for toddlers, designed with a weighted, flexible straw so a child can drink from any angle. It was created by husband and wife Mark and Hannah Lim, who were frustrated that most popular sippy cups relied on hard spouts or contained materials they did not want for their own daughter. They set out to build a safer, smarter cup made in the United States.

The Lims asked for 100,000 dollars for 15 percent. Their pitch leaned on the cup's thoughtful design and their commitment to domestic manufacturing, which resonated with the panel. After a competitive exchange, Mark Cuban and Robert Herjavec teamed up to invest, taking a larger combined stake than the couple originally offered in return for two experienced partners.

Lollacup stood out because the founders paired a genuinely useful product with a clear values story about safety and American manufacturing. The straw design solved a real problem parents recognized instantly, and having two Sharks compete for the deal underscored that this was more than a niche baby gadget. The couple's preparation and poise made the segment a fan favorite.

Where Lollacup is now

The airing triggered a rush of orders, and the Lims spent weeks shipping around the clock as Lollacup became a strong seller in the Amazon baby category. They scaled from a garage operation into a proper warehouse with staff, and used the momentum to broaden the product line well beyond the original cup.

As of 2026 the company is still operating, now under the broader Lollaland brand, with a full lineup that includes bowls, plates, pacifiers, teethers, and more. Lollaland keeps much of its manufacturing in the United States and sells through its website, Amazon, and major retailers, a clear sign the partnership with Cuban and Herjavec paid off.

Where to buy Lollacup

Lollacup and the wider Lollaland range are available on the official site, lollaland.com, on Amazon, and at retailers including Walmart and Target. You get a weighted-straw toddler cup made largely in the United States, with replacement parts and matching tableware available. For parents who want a durable, safety-minded straw cup that grows into a full toddler feeding set, it is still a strong, well-supported choice.

Is Lollacup still in business?

Read our 2026 update on where the company is now.

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Frequently asked questions

Where can I buy Lollacup?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.

Did Lollacup get a deal on Shark Tank?

Yes. Lollacup closed a deal for $100,000 in exchange for 40% equity, with Mark Cuban and Robert Herjavec.

Which shark invested in Lollacup?

Mark Cuban and Robert Herjavec invested in Lollacup ($100,000 total as aired).

What season of Shark Tank was Lollacup on?

Lollacup appeared in Season 3, Episode 12, which aired April 27, 2012.

How much was Lollacup asking for on Shark Tank?

The founders asked for $100,000 for 15% of the company, a $667K valuation.

Is Lollacup the same as Lollaland?

Yes. Lollacup was the original product, and the company later rebranded to Lollaland as it expanded into bowls, plates, pacifiers, and other toddler items. The straw cup is still sold under the Lollaland name.

Which Sharks invested in Lollacup?

Mark Cuban and Robert Herjavec invested together, taking a combined 40 percent stake for 100,000 dollars. Both stayed involved as the company grew into a broader brand.

Is Lollacup still made in the USA?

The company has kept most of its manufacturing in the United States, with the straw being a noted exception. Lollaland has consistently highlighted its domestic production and safety focus.

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