![]() ![]() Lori Greiner pointed out that a Thermos would keep coffee hot. The visibly steaming drinks seemed to impress them, particularly Robert Herjavec who raised an eyebrow at how hot the coffee was after such a long time. The sharks were given coffee that had been poured three hours earlier. ![]() The two Daves showcasing the Coffee Joulies on Shark Tank If they were used in a vacuum-insulated travel mug, the drink would be at the perfect temperature in five minutes, and would stay that way for over five hours. The Joulies would then release the stored heat back into the drink, keeping it within the perfect drinking range for twice as long. When placed in hot coffee, they would absorb the heat from the drink, allowing it to reach an optimum temperature within minutes. The drinker would have to wait until the beverage was at a drinkable temperature and then drink it rapidly before it became too cold.ĭave Petrillo explained the function of the Coffee Joulies. The partners appeared on Shark Tank in early 2013 seeking a $150,000 investment in return for a 5% stake in their business.ĭave Jackson began the confidently delivered pitch by revealing that coffee was usually served at 179 degrees Fahrenheit, far too hot to drink. Their early success and the large amount of financial backing allowed them to complete the manufacturing process and develop their idea into a finished product. 4,800 backers pledged over $300,000 to help them see their vision through to completion. By the end of the month long campaign they had received a big boost from Kickstarter. Their target goal was $9,500 and they achieved this within 3 days. They sought initial funding from a Kickstarter campaign in March 2011. The capsules would then maintain the drink at that temperature for a long period of time. The Joulies were small, stainless-steel capsules that contained an ingenious material designed to cool a hot beverage to a drinkable temperature quickly. Coffee Joulies After Shark Tank – 2023 Updateĭave Petrillo and Dave Jackson, mechanical engineers from New Jersey were the brains behind the development of the Coffee Joulies. ![]()
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