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What is Cubicall?
Cubicall is a modern phone booth designed to provide privacy in open office spaces. It comes in various sizes and is customizable with different colors, materials, and graphics.
Cubicall's Shark Tank Pitch Recap
Anthony and Nick Pucci pitched Cubicall, a soundproof phone booth for open offices, seeking $350,000 for 10% equity. They highlighted the problem of noise and lack of privacy in modern offices, emphasizing Cubicall's customizable features and affordability. The Sharks were impressed with the product but had concerns about the low margins and competition. Kevin O'Leary and Barbara Corcoran made offers, but Kevin's offer, although for the requested equity, involved a complex royalty structure. The founders ultimately accepted Barbara Corcoran's offer of $350,000 for 25% equity.
Who invested in Cubicall?
Barbara CorcoranCubicall's Pitch Highlights
The founders are Italian and from a family business.
The idea for Cubicall came about because they were tired of the noise and distractions in their own open-plan office.
The booths have a bifold door design, which is unique to Cubicall and makes them ideal for smaller office spaces.
Each booth is equipped with an air circulation fan, a regular outlet, and two USB chargers.
One of the Sharks called Kevin O'Leary a vampire during negotiations!
Cubicall Shark Tank Update
- The company relocated its operations to the greater Las Vegas area.
- They expanded their product line to include medical exam booths, isolation pods, studies, and meeting rooms.
- Cubicall saw an increase in orders for their medical exam booths during the COVID-19 pandemic.
- By March 2022, they had outgrown their Las Vegas facility and were looking for a bigger space.
- The deal with Barbara Corcoran ultimately did not close, though she reportedly provided some advice.
Key Milestones
2017 - Company Founded
Founded by brothers Nick and Anthony Pucci after experiencing the need for privacy in their own open-plan office.
2019 - Shark Tank Appearance
Appeared on Shark Tank Season 10, initially accepting an offer from Barbara Corcoran for $350,000 for 25% equity (the deal later fell through).
January 2020 - Manufacturing Relocation
Moved manufacturing from California to Southern Nevada.
2020 - COVID-19 Adaptation
Adapted to the COVID-19 pandemic by offering medical exam and isolation booths.
2022 - Revenue Milestone
Reported $5 million in annual revenue.
March 2022 - Facility Expansion
Outgrew their North Las Vegas facility and began searching for a larger space.
Post-Shark Tank - Secured Major Clients
Secured major clients including SAP, Goldman Sachs, Cisco, Bloomberg, and the Department of Homeland Security.
