|SEASON 12 EPISODE 25|
|Pitch||fun beverage coolers with a pocketed handle|
|Asked For||$200,000 for 10%|
|Deal||$200,000 for 20%|
What is Lit Handlers?
Lit Handler is a company which produces hand holders for drinks of various sizes. They initially began with a limited range but have since expanded to include a wider variety of their Handlers, including Pint Size Ice Cream, Wine Tumbler, Bottleneck, Pint Glass, Can, and Small & Medium Coffee. They also offer neoprene totes, sleeves without handles, and accessories.
Who Owns Lit Handlers?
The company was founded by Texas native Destiny Padgett. Destiny attended BYU-Pathway Worldwide from 2010 to 2012 before founding her first company, Lit Can Coolers. Lit Can Coolers essentially grew to become the first iteration of Lit Handler, as the two shared similar products and branding. After five years, Destiny’s business formally transitioned to Lit Handler and the company’s support designs are currently patent pending.
Destiny has stated that she began her journey as an entrepreneur during the most difficult year of her life. At ten weeks pregnant, she lost her baby’s biological father to suicide.
This devastating loss led to an immediate shifting of priorities, and Destiny quickly realized she wanted to be able to truly focus on and nurture both her and her future child’s mental health and well-being.
She recognized one of the easiest ways to ensure the time and space to accomplish this was to be financially secure. She didn’t want her family to just survive, she wanted them to thrive.
This newfound resolve is what gave her the extra courage she needed to step into the world of business, first with Lit Can Coolers and then with the creation of the Lit Handler of today.
Lit Handlers Shark Tank Update
Did Lit Handlers Get a Deal on Shark Tank?
On Shark Tank Season 12 Episode 25, Destiny Padgett entered the Shark Tank seeking $200,000 for 10% of her pocketed koozies and accepted an offer of $200,000 for 20% of Lit Handlers, from Daymond John.
Is Lit Handler Still in Business?
As of 2021, the company remains in business. They currently offer eleven different holders and plan on developing even more, as well as further exploring potential new additions to their tote and accessory lines.
Lit Handler looks forward to further expanding their brand recognition and consumer accessibility and hopes to inspire future entrepreneurs with their integrity, authenticity, and grit.