Posts Tagged: "Inside Counsel"

How IP Took a First-Time Inventor from Shark Tank to $30M in Sales

Sleep Styler creator Tara Brown, an ophthalmologist by trade, turned to Knobbe Martens for help securing IP protection as soon as she had her final prototype – a no-heat hair roller –  in hand. Attorneys helped her file for patent protection and obtain trademark registration. Brown then raised over $40,000 in an August 2016 Kickstarter campaign, and in March 2017, her Shark Tank episode aired, where she agreed to take $75,000 in funding in exchange for 25 percent equity.  The very next week, sales soared from $70,000 in revenue to $3 million, and within three months hit the $50 million mark.