CordaRoy’s made a big splash with its unique bean bag bed. It impressed both customers and investors. This Shark Tank furniture innovation has changed the game for versatile home furnishings. It was founded in 1998 by Bryon Young in Gainesville, Florida, starting as a garage project and growing into a nationwide sensation.
The company’s big claim to fame is its patented design. It turns a comfy bean bag into a full-fledged bed. It’s no surprise that Shark Tank’s Lori Greiner saw its potential in 2013. Since then, CordaRoy’s has expanded its range, offering sizes from youth to king, ideal for both indoor and outdoor use.
What makes CordaRoy’s stand out is its focus on quality. Each bean bag is filled with top-grade foam and comes with a lifetime warranty. Plus, it’s all made in the USA. Prices range from $229.99 to $1,099.99, fitting every budget and space.
Key Takeaways
- CordaRoy’s offers convertible bean bags that transform into beds
- The company was featured on Shark Tank, securing a deal with Lori Greiner
- Products range from youth to king size, suitable for indoor and outdoor use
- CordaRoy’s uses high-quality foam and provides a lifetime warranty
- Prices start at $229.99, with various styles and sizes available
- All products are manufactured in the United States
The Birth of CordaRoy’s: From Idea to Innovation
CordaRoy’s, a Florida-based company, changed the furniture world with its unique bean bag. It turns from a cozy lounger into a comfy bed. This meets the need for furniture that does more than one thing.
Founder’s Inspiration
The idea for CordaRoy’s came from a real problem. The founder wanted a way to make guests feel at home. He created a special lounger that turns into a bed easily.
Early Development Stages
Turning the idea into a real product was tough. The team at CordaRoy’s worked hard to make it perfect. They wanted it to look like a regular bean bag but also turn into a bed easily.
They aimed to make it great for many places, like playrooms and study areas.
Patenting the Unique Design
CordaRoy’s knew their design was special. They got a patent for it. This made them stand out in the market.
The patented design is key to their success. Customers love it and have used it for years.
“I’ve had my CordaRoy’s for 13 years, and it’s still as comfortable as the day I bought it. It’s perfect for everything from gaming to sleepovers!”
CordaRoy’s shows how creative problem-solving can lead to big changes. Their focus on quality and function has won them many fans. People love their space-saving, versatile furniture.
CordaRoy’s Shark Tank Appearance and Aftermath
CordaRoy’s journey on Shark Tank in March 2013 was a game-changer. Their unique convertible bean bag beds caught Lori Greiner’s eye. She offered a $200,000 deal for 58% of the company.
This deal led to a huge surge in demand. The CordaRoy’s website crashed due to too much traffic.
The Shark Tank effect boosted CordaRoy’s success story. Before the show, they had $1.5 million in sales. By the time of the Shark Tank update, sales hit $3 million. By July 2014, they reached $7 million in retail sales.
Lori Greiner’s partnership opened new doors for CordaRoy’s. They got a deal with Bed Bath and Beyond. They also appeared on QVC 11 times, getting over $3 million in orders.
This exposure greatly increased brand awareness and sales.
After Shark Tank, CordaRoy’s grew. Their office expanded from 1,600 to 8,000 square feet, creating more jobs. They tripled their manufacturing capacity in Georgia, showing their commitment to USA production.
| Milestone | Achievement |
|---|---|
| Shark Tank Investment | $200,000 for 58% equity |
| Pre-Shark Tank Sales | $1.5 million |
| Post-Shark Tank Sales (2014) | $7 million |
| QVC Appearances | 11 times |
| QVC Purchase Orders | Over $3 million |
CordaRoy’s success story keeps growing. They project $5 million in sales this year and aim for $20 million in 2015. Their growth shows the lasting impact of Shark Tank and the power of innovation and partnerships.
What Makes CordaRoy’s Bean Bags Unique?
CordaRoy’s bean bags are special in the furniture world. Since 1998, they’ve changed how we think about home furniture. Let’s explore what makes them stand out in comfort and style.
Patented Bed-Inside Design
The secret of CordaRoy’s is its patented bed-inside design. It turns a bean bag into a full-sized bed in seconds. This is great for guests or small homes where space is limited.
High-Quality Foam Filling
CordaRoy’s bean bags are filled with top-notch polyfoam. This foam is safe and comfy, thanks to its CertiPUR-US® certification. It’s soft and supportive, perfect for sitting or sleeping.
Versatile Functionality
CordaRoy’s bean bags are incredibly versatile. They fit well in dorms, apartments, or any small space. Their ability to adapt has won over many customers looking for smart furniture solutions.
| CordaRoy’s Features | Benefits |
|---|---|
| Convertible Design | 2-in-1 furniture: chair and bed |
| Premium Foam Filling | Comfort and durability |
| Made in USA | Quality assurance and local production |
| Lifetime Warranty | Long-term customer satisfaction |
CordaRoy’s success has led to big partnerships and a Shark Tank appearance in 2013. Their focus on quality and new ideas keeps them ahead in the home decor market.
CordaRoy’s Product Range: More Than Just Bean Bags
CordaRoy’s has grown a lot since its debut on Shark Tank in 2013. Now, they offer more than just bean bag beds. Their furniture meets different needs and fits various spaces.
- Dog beds for furry friends
- Outdoor bean bags for patio lounging
- Crash pads for active play
- Poufs and footstools for extra seating
- Throw blankets for added coziness
- Waterproof protectors to safeguard investments
They have furniture in many sizes, from youth to king. This ensures there’s something for every room. Their giant bean bags are especially popular for making a statement.
| Product Category | Size Range | Key Feature |
|---|---|---|
| Convertible Bean Bags | Youth to King | Transforms into a bed |
| Outdoor Bean Bags | Medium to Large | Weather-resistant fabric |
| Dog Beds | Small to Large | Durable, easy-clean material |
| Accessories | Various | Enhances comfort and style |
By October 2023, CordaRoy had made $195 million in sales. Their product line keeps expanding, offering new furniture ideas for every home corner.
Comfort Meets Style: Fabric Options and Designs
CordaRoy’s fabrics mix comfort with style perfectly. Their bean bag designs fit many tastes and decor styles. With over 200 cover options, finding the perfect match for your home is easy.
Popular Fabric Choices
CordaRoy’s bean bags are made from various fabrics for different needs:
- Chenille: Soft and luxurious, perfect for cozy lounging
- Corduroy: Durable and classic, great for high-traffic areas
- Faux Fur: Plush and eye-catching, adds a touch of glamour
- Faux Leather: Sleek and easy to clean, ideal for modern interiors
The Queen Chair in Chenille is a top-seller. It’s known for its comfort and style. Corduroy fabric options are washer and dryer friendly, making maintenance easy.
Color Varieties
CordaRoy’s fabrics are available in many colors:
- Neutral tones for versatile decor matching
- Vibrant hues for bold statements
- Unique patterns like Black Camo and Black Topo for distinctive looks
Size Options
CordaRoy’s bean bag designs come in various sizes for different spaces and needs:
| Size | Floor Space | Bed Dimensions | Weight |
|---|---|---|---|
| Youth | Not specified | 60″ x 60″ x 4″ | 20 lbs |
| Full | 42″ x 42″ | 54″ x 75″ x 8″ | 34 lbs |
| Queen | 48″ x 48″ | 60″ x 80″ x 8″ | 48 lbs |
| King | Not specified | 76″ x 80″ x 10″ | 62 lbs |
With CordaRoy’s fabrics and bean bag designs, you can make your living space stylish and comfy. The brand’s quality ensures each piece lasts, with a 15-year average lifespan and a lifetime warranty.
The CordaRoy’s Experience: Customer Reviews and Testimonials
CordaRoy’s has made many customers very happy. Since 1998, they’ve sold over 1 million chairs. Their website is full of positive feedback from satisfied customers.
People love how versatile CordaRoy’s chairs are. They turn into beds in just two minutes. This is great for guests or movie nights. They offer sizes from small to king-size, meeting everyone’s needs.
“I’ve had my CordaRoy’s for 10 years now, and it’s still as comfortable as the day I bought it. Best investment ever!”
Reviews often talk about how long CordaRoy’s chairs last. They can last up to 15 years. This makes them a smart choice for both sitting and sleeping.
CordaRoy’s stands by their quality with a lifetime guarantee. They also have great customer service. This makes customers very happy. They can even get replacement parts, making their chairs last even longer.
CordaRoy’s Commitment to Quality and Sustainability
CordaRoy’s is known for its quality and eco-friendly focus. They have been in the business for 25 years, showing their dedication to excellence.
CertiPUR-US® Certified Foam
CordaRoy’s uses foam that’s been recycled. This helps keep waste out of landfills. Their foam is also CertiPUR-US® certified, meaning it’s safe and free from harmful chemicals.
Lifetime Warranty
CordaRoy’s offers a lifetime guarantee on their furniture. This shows they believe in the quality and durability of their products. It’s a way to ensure customers are happy with their purchases for years to come.
Made in the USA
All CordaRoy’s products are made in the United States. This supports local businesses and ensures high-quality products. It also helps the local economy.
| Feature | Benefit |
|---|---|
| Upcycled Foam | Reduces landfill waste |
| CertiPUR-US® Certification | Ensures safe, chemical-free foam |
| Lifetime Warranty | Guarantees product durability |
| Made in USA | Supports local industry, ensures quality |
CordaRoy’s values ethics over making money. This makes them stand out in the furniture world. They focus on quality, sustainability, and making customers happy, making them a great choice for those who care about the planet.
From Living Room to Bedroom: Transforming Your Space with CordaRoy’s
CordaRoy’s bean bags are a game-changer for home decor. They’re not just chairs; they also turn into beds. This makes them ideal for small spaces, like apartments or dorms, or for when you have guests over.
As chairs, they offer soft, cozy seating for lounging. But when it’s bedtime, they fold out into beds. This makes them a great choice for saving space without losing comfort or style.
CordaRoy’s comes in different sizes and styles, fitting any room. They work well in living rooms or as a cozy bed nook. These bean bags show that you can have both function and comfort in your home, changing how we see furniture today.