Season 17, Episode 11

Somnia+ Shark Tank Update: Did Barbara Corcoran's Deal Close?

By Madhav Kushwaha Updated May 8, 2026
Somnia+ Founders Brennan Hellmers and Sloane Barry pitching on Shark Tank
Image Credit: ABC / Shark Tank
Table of Contents

Millions of American college students face the exact same harsh reality on move-in day: the dreaded Twin XL dorm bed. Measuring a restrictive 39 inches across, these university-issued sleeping quarters are notorious for being stiff, cramped, and downright uncomfortable.

For decades, students have tried to hack the system by stacking cheap egg-crate mattress pads or pushing furniture together, but the underlying problem of limited space always remained. Enter Brennan Hellmers and Sloane Barry. These two recent college grads decided that American students deserved a better night's sleep.

They stepped onto the stage in Season 17 of Shark Tank to pitch Somnia+, a premium product aimed at permanently upgrading the college sleep experience. But with a hefty price tag and a complicated family loan already on the books, their time in the Tank was anything but a peaceful dream. Here is the complete breakdown of their pitch and where the company stands today.

What is Somnia+?

Somnia+ is a direct-to-consumer college lifestyle brand built around its flagship product: the Dorm Bed Expander Kit. The core concept is simple but highly effective. It is a fully modular, tool-free system designed to widen a standard university-issued Twin XL bed by 25%, transforming it into a luxurious 48-inch sleeping surface that closely mirrors the dimensions of a Full-size bed.

Somnia+ Dorm Bed Expander Kit Setup
Image Credit: Somnia+

Because college housing departments have strict rules against altering, damaging, or removing university property, the Somnia+ system is specifically engineered to be temporary and non-destructive. The entire kit weighs about 72 pounds and arrives in a single box.

The installation process takes about fifteen minutes. Students place a sturdy expander platform alongside their existing metal bed frame, securing it with heavy-duty Velcro straps. Two adjustable foam blocks are then placed in the gap to sit completely flush with the original mattress.

To mask the seam and provide a uniform feel, the kit includes a thick, 2-inch memory foam topper that covers the entire newly expanded footprint. Because standard sheets no longer fit this custom 48-inch dimension, Somnia+ includes a waterproof mattress protector and a specialized set of custom 100% cotton sheets. When the school year ends, the entire system breaks down and packs away into three custom storage bags.

Business Overview Details
Core Product Somnia+ Dorm Bed Expander Kit
Industry College Dorm Essentials / Bedding
Founded Year 2023
Function Tool-Free Bed Width Expander System
Target Audience College Students, Parents, Student-Athletes
Retail Price $699.00

Who are the Founders of Somnia+?

Somnia+ was co-founded by Brennan Hellmers and Sloane Barry, two young entrepreneurs based in Dallas, Texas. Their startup story is deeply rooted in their own recent collegiate experiences.

Barry, a 2022 graduate of Northwestern University’s School of Education and Social Policy, lived in a notoriously cramped dorm complex known to students as "The Plex." While reminiscing about their college days, Barry and Hellmers began laughing about how universally terrible standard Twin XL mattresses were.

They quickly realized this was a massive, untapped market. Every single year, millions of incoming freshmen move into university housing, and the vast majority are deeply unhappy with their beds. Without wasting time, the duo headed to a local Home Depot, bought basic supplies, and built their very first prototype in a garage.

Somnia+ College Dorm Bed Upgrade
Image Credit: Somnia+

After testing their initial mockup on actual dorm beds at a local college to ensure it wouldn't violate housing codes or snap under pressure, they knew they had a viable business. Hellmers, who brought a strong background in finance, focused on the supply chain and business mechanics, while Barry focused on branding, product experience, and marketing strategy.

To fund the initial heavy inventory orders and the expensive tooling required for manufacturing, Barry’s father stepped in as an angel investor. He loaned the young company $650,000 to get it off the ground, a financial move that would later become a major point of contention on national television.

Somnia+ Shark Tank Journey & Pitch

Brennan Hellmers and Sloane Barry walked into the Shark Tank during Season 17, Episode 11 (aired in late January 2026), asking for $100,000 in exchange for a 5% equity stake in Somnia+. This initial ask placed a rather aggressive $2 million valuation on their young company.

They began their presentation with an engaging demonstration of just how fast the kit could be installed. The Sharks were immediately impressed by the clever engineering and the fact that it required absolutely no tools. Guest Shark Chip Gaines, known for his home renovation empire, immediately asked about intellectual property. Sloane confidently confirmed they had already filed a utility patent covering their unique modular design.

The mood in the room shifted when the financial deep dive began. The founders revealed that since launching in 2024, they had generated $188,000 in sales. They were projecting to close out 2025 with $450,000 in revenue and an estimated $130,000 in profit. Their customer acquisition cost (CAC) was incredibly lean at just $60, largely driven by organic, viral content on platforms like Instagram and TikTok.

Pitch & Offers Details
Initial Ask & Valuation $100,000 for 5% Equity ($2M Valuation)
Sharks in the Room Barbara Corcoran, Kevin O'Leary, Lori Greiner, Daniel Lubetzky, Chip & Joanna Gaines
Kevin O'Leary's Offer $100,000 for 5% + $100 royalty per unit (dropping to $50 in perpetuity)
Barbara Corcoran's Offer $100,000 for 20% Equity
Final Deal Accepted $100,000 for 17.5% Equity (with Barbara Corcoran)

However, the Sharks hit the brakes when they asked about the current ownership structure. Sloane revealed that her father had invested $650,000 and currently held 50% equity. She quickly clarified that the deal was structured so his equity would reduce once the loan and its 10% interest were repaid, but Sharks notoriously despise messy capitalization tables and heavy debt burdens. Daniel Lubetzky, founder of KIND Snacks, expressed frustration over how this critical financial information was presented and immediately dropped out.

Kevin O’Leary, always hunting for cash flow, liked the margins but hated the $2 million valuation. He offered $100,000 for 5% equity, but attached a heavy royalty of $100 per unit sold until he recouped his money, which would then drop to a $50 royalty in perpetuity. The founders knew that a permanent $50 royalty would crush their long-term margins and politely pushed back.

Barbara Corcoran saw the vision. She loved the product, understood the desperate demographic of college parents willing to spend money on their kids' comfort, and offered $100,000 for a straight 20% equity stake.

The founders rejected Kevin's aggressive royalty deal entirely and turned their focus to Barbara. After a brief negotiation, they successfully countered her offer, shaving off a few percentage points to finalize a deal for 17.5% equity.

What Happened to Somnia+ After Shark Tank?

The immediate aftermath of their television appearance was a whirlwind for Hellmers and Barry. Commonly known as the "Shark Tank Effect," the broadcast brought a massive wave of national traffic to their online storefront.

The duo was quickly featured on local broadcast networks, including a live segment on Good Morning Texas, which further legitimized the brand to parents across the country. Northwestern University proudly highlighted Sloane Barry’s success on their official academic portal, pointing to her education as a driving force behind her strategic business acumen.

Following the show, the founders utilized their newfound capital and exposure to vastly improve their inventory depth. They knew that their business was highly seasonal, with an overwhelming majority of purchases happening between late July and early September during the annual back-to-school rush.

To capitalize on the momentum, Somnia+ began heavily targeting a new, highly lucrative demographic: college athletic departments. Taller, larger-built student-athletes often suffer the most on 39-inch beds, impacting their physical recovery and athletic performance. By pitching the expander kit to universities not just as a luxury item, but as a performance-enhancing wellness tool, they opened up the door to massive bulk-order contracts directly with schools.

Is Somnia+ Still in Business?

Yes, as of today, Somnia+ is very much still in business and thriving. The company continues to operate as a privately held direct-to-consumer brand. Their official website remains highly active, featuring new product photography, updated installation guides, and expanded customer support options.

Rather than strictly relying on the base $699 expander kit, the brand has aggressively expanded its catalog to increase the average order value (AOV). In 2026, they introduced curated "Dorm Bundles." A standard Boys Dorm Bundle retails for around $899, while an upgraded Girls Dorm Bundle, featuring premium bedding aesthetics and extra accessories, pushes the price tag to $1,159.

The deal with Barbara Corcoran successfully passed through the due diligence phase. With Barbara's expert guidance in the consumer goods space, Somnia+ has streamlined its logistics, allowing students to seamlessly coordinate shipping so the heavy 72-pound box arrives exactly on their scheduled move-in day.

What is the Valuation & Net Worth of Somnia+?

When Brennan and Sloane pitched the Sharks, they confidently valued their business at $2,000,000 based on their early momentum and projected $450,000 year-end revenue. However, the final handshake deal with Barbara Corcoran for $100,000 in exchange for 17.5% equity effectively re-valued the company at approximately $571,428 on national television.

Fast forward to today, and the financial picture looks much brighter. Thanks to the massive influx of national media attention, consistent organic marketing, and the introduction of higher-priced bundles, industry experts estimate that Somnia+ is comfortably pacing past its initial $450,000 revenue target.

With strong gross margins and low acquisition costs, the estimated overall valuation of Somnia+ in 2026 has rebounded to roughly $1.5 million to $2 million.

The estimated net worth of the founders is intrinsically tied to their remaining equity in the company. After factoring in the $650,000 loan from Sloane’s father and Barbara’s 17.5% slice of the pie, the founders have successfully managed to build a healthy, sustainable cash flow business that is steadily increasing their personal net worth with every passing college semester.

Where to Buy Somnia+?

Somnia+ intentionally avoids massive big-box retail stores like Target or Walmart. Because the product is a heavy, highly specific, premium-priced item, stocking it on physical retail shelves would eat into their profit margins and cause logistical headaches.

The best and only reliable place to purchase the Somnia+ Dorm Bed Expander Kit is directly through their official website, somniaplus.co. Buying direct ensures that customers are getting the latest version of the custom memory foam, the full manufacturer warranty, and access to the specialized university shipping options that allow the heavy box to be held for move-in day.

Somnia+ Alternatives: Is There Competition?

While Somnia+ made a massive splash on national television, they are not the only company trying to solve the dorm bed crisis. The most notable competitor in the space is a company called Biggabed.

Founded in 2019, Biggabed attacks the same problem but with a vastly different business model. While Somnia+ is a premium product that you purchase and own forever for $699, Biggabed operates primarily on a rental service model. Biggabed partners with specific universities to deliver, install, and pick up their bed extension systems for a seasonal fee.

The choice between the two usually comes down to logistics. If a student wants a premium, custom-branded kit that they can own, wash, and use for all four years of college, Somnia+ is the dominant choice. If a student is only looking for a one-year temporary fix and happens to attend one of the 30+ schools Biggabed services, the rental route is a viable alternative.

Do Somnia+ Reviews Justify the $699 Price Tag?

Spending nearly $700 on dorm bedding is a massive point of friction for the average American family. However, a deep dive into verified customer reviews reveals why so many parents are willing to swipe their credit cards.

To understand the value, you have to break down the individual components. If a student were to buy a high-end, 2-inch memory foam topper, a waterproof mattress protector, and premium 100% cotton sheets at a standard retailer, they could easily spend $300 to $400 just on those accessories. The Somnia+ kit includes all of those items, heavily customized to fit an abnormal 48-inch dimension, plus the proprietary structural platform and foam blocks required to physically widen the bed.

Reviews consistently highlight that the product is incredibly durable. Because the system integrates directly into the heavy metal spring unit provided by the school (which usually supports up to 1,000 lbs), students report zero sagging or risk of falling through the expanded gap.

For parents, the peace of mind knowing their child is getting a good night's sleep during the highly stressful transition to college makes the premium price tag entirely worth the investment.

Frequently Asked Questions

Is Somnia+ still in business?
Yes, Somnia+ is highly successful and actively expanding their product catalog to include premium Dorm Bundles. They are securing contracts with collegiate athletic departments.
Did Somnia+ get a deal on Shark Tank?
Yes, founders Brennan Hellmers and Sloane Barry accepted an offer from Barbara Corcoran for $100,000 in exchange for a 17.5% equity stake.
Who are the founders of Somnia+?
Somnia+ was founded by Brennan Hellmers and Sloane Barry, two recent graduates from Northwestern University who wanted to solve the uncomfortable dorm bed crisis.
How does the Somnia+ Dorm Bed Expander work?
It is a modular, tool-free kit that extends a Twin XL bed by 25%. It includes a structural base, foam gap fillers, a 2-inch memory foam topper, and custom-sized sheets to create a 48-inch sleeping surface.
Where can I buy Somnia+?
You can purchase the Somnia+ system directly through their official website, ensuring you get the full warranty and specialized move-in day shipping options.

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Madhav Kushwaha

Madhav Kushwaha

SEO Analyst & Digital Marketer

Madhav analyzes complex business pitches and provides high-level updates for tech startups and reality television ventures. Specializing in advanced organic search strategies, he brings clarity to the rapidly evolving digital landscape.

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