

Will a Shark help them get equipped for further success? Company Informationīaby Quip – Baby Gear Rental Service BabyQuip Shark Tank Recap Together, they – along with their tech savvy staff, hope to make BabyQuip the AirBNB of baby gear rental. Son Joe was a technology consultant at Accenture where he designed web applications.

Fran is on a dozen tech company boards and was a co-founder of.

The company boasts over 500 providers nationwide – up from about 225 less than two years ago. Most providers are moms seeking a “side hustle.” True Tech Leadership The average Quality Provider earns around $600 per month. Quality Providers pay for the insurance on a sliding scale based on the volume of rentals they do each month. BabyQuip provides the nationwide platform and insurance.
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The Quality provider pays a one-time set up fee of $100 plus an 18.5% fee on each rental. They’ll also provide consumables like diapers or formula for an added fee. People with a lot of extra baby gear can rent their stuff out to traveling parents. It’s the “Quality Providers” who deliver the goods at the final destination. With BabyQuip, parents can rent all the baby gear for a modest cost. Traveling with all that gear is cumbersome and expensive with new airline baggage policies. The way it works is people traveling with babies often need things like car seats, cribs and strollers (among other things) at there final destination. The Maiers started the business in 2016 and its grown quickly, largely due to their business model of utilizing partners called “Quality Providers” who do the local, on the ground service delivery.įormerly called Babyierge, BabyQuip changed the name due to the growth of voice activated search which bumbled searches for the previous name. Mother/son entrepreneurs Fran and Joe Maier seek an investor for BabyQuip, their baby gear rental business, in Shark Tank episode 1106.
