Shark Tank Company Profile: Ultra Secure Backpack LocTote

It’s hard to deny the existence of theft for travelers.  In fact it’s a pervading problem both here in the U.S. and overseas.   Is part of this problem the security of the bags we travel with?  That’s something that company LocTote is trying to convey on the next episode of Shark Tank.   Adam McBride and Don Halpern will be pitching the sharks on their super secure “over engineered” travel bags.   According to Shark Tank blog:

Halpern got the inspiration to invent LocTote while vacationing in St. Croix with his family. While he was swimming, he observed someone stealing his wallet. He immediately started looking for a bag he could lock to a stationary object that could hold all his essential items without fear of theft. When he couldn’t find anything that suited him, he decided to invent it.

The bags are made with slash resistant fabric used in body armor. There’s RIFD blocking technology to prevent credit card skimming. The straps are steel woven to prevent cutting and the whole bag locks to just about anything. It’s waterproof too! Despite the tough features, the bags are still soft and stylish looking. As it says on the website, everything about the product is over engineered.

Halpern got the business off the ground with a wildly successful Kickstarter campaign that raised $855,094. They make the bags in New Albany, Ohio. The original bag costs $179, but they have other models in the works.   Halpern and McBride will more than likely be looking for capital to increase production and well as expand their produce line.  They’ll need more money for research and development as well as for someone to come in and help them with their marketing.  If the numbers show potential I have a feeling we might see a bidding war from the sharks.  I could easily see Kevin O’Leary jumping all over this one.  But don’t count out Daymond John because technically luggage can be considered a form of apparel.

Check out their intro video below:

Leave a Reply

ESL Brawlers: Everything You Need to Know
The Top Five Stuntmen and Women in Hollywood Right Now
Five Things You Didn’t Know about Midnight, Texas
Why You Need to be Watching the Show “Fleabag”
What We Know About Star Trek’s 4th Installment So Far
10 Things You Never Knew About the Movie ‘Teen Wolf’
The Few Details We Actually Do Know about Frozen 2
Guillermo del Toro Channels ‘Creature from the Black Lagoon’ In His Latest Film: ‘The Shape of Water’
The Top Uses of Scandal’s “The Warrior” in Movies
The Top Five Uses of “Singin’ in the Rain” in Movies
The Top Five Uses of “You Can’t Always Get What You Want” in Movies
The Best Uses of Dean Martin Songs in Movies
Why Isn’t There a Hard Knocks Show for the NBA, MLB, or NHL?
Was Conor McGregor Joking with his Training Video Response to Mayweather’s?
James Harden Looking at Nicki Minaj is Where His Defensive Intensity Needs to Be
The Hype Trailer for the Floyd Mayweather – Conor McGregor Fight is Kind of Awesome
Cool Wonder Woman Movie 8 Bit Arcade Game Mock Up
An Overview of Super Nintendo World in Japan
Trailer For South Park: The Fractured But Whole Makes Fun of Bad Comic Book Movies
Live-Action Mario Kart Short Film Gets Real Dark, Really Quickly
Five Things You Didn’t Know About Nat Faxon
Five Things You Didn’t Know About Annie Parisse
Five Things You Didn’t Know About Sasha Velour
Five Things You Didn’t Know About Gregg Sulkin