They Made a Deal on Shark Tank – But What Happened Next? (65 Companies in 2024)

Many entrepreneurs dream of raising money from famous investors like Mark Cuban or Barbara Corcoran.

It’s one of the reasons Shark Tank is so popular. But little do people know, a lot goes on after the Sharks say “yes”. There are even full blogs, like Sharkalytics and SharkTankBlog, dedicated to tracking these companies. It can be crazy to see how things go when the cameras turn off.

In particular, it’s interesting to check if these businesses are still performing.

A lot of people assume that once you raise venture capital investor money, you’re set for life.

But that’s not the case at all. Sometimes businesses don’t succeed because of other reasons. Sometimes the deal even falls through after they said yes on camera.

Or, as you’ll see, sometimes things happen to the founders themselves and they choose to abandon the business.

Anything is possible.

From failed investments to businesses disappearing, we’ve rounded up some of the most interesting businesses based on data from Sharkalytics – and looked into what happened after the founders made a deal with the Sharks.

Key Lessons from Shark Tank Successes and Failures

• More Than Investment Needed: Companies like Cousins Maine Lobster and Shark Wheel thrived by continuously innovating and adapting, beyond just securing funding.
• Crucial Execution: Companies such as Gift Card Rescue and Toygaroo failed due to poor management and execution despite receiving investments.
• Market Readiness and Adaptation: Success stories like FiberFix and Better Life highlight the importance of being market-ready and adaptable to consumer needs.
• Legal and Ethical Compliance: Mr. Tod’s Pie Factory’s legal issues emphasize the importance of maintaining legal and ethical standards.
• Diversification and Innovation: Origaudio and Pork Barrel BBQ expanded their product lines to keep customer interest, demonstrating the value of diversification.
• Effective Marketing: Media coverage and strategic marketing played significant roles in the success of Tipsy Elves and Cousins Maine Lobster.
• Customer-Centric Approach: Wicked Good Cupcakes and The Painted Pretzel succeeded by addressing specific customer needs and solving problems effectively.
• Preparedness for Challenges: Companies like Back 9 Dips show the importance of being prepared for unexpected challenges, such as product recalls.
• Mentorship Value: Qubits benefitted from mentorship even after their deal fell through, highlighting the value of expert guidance.
• Persistence and Resilience: Rapid Ramen Cooker and Heart Pup demonstrated that persistence and resilience are key to overcoming initial setbacks and achieving growth.

1. A Pie to Tamper With

Company: Mr. Tod’s Pie Factory

Industry: Specialty Food

What the company does: Retail and wholesale pie factory with two retail locations in New Jersey.

Who pitched the Sharks? Tod Wilson

Season and episode they were on: Season 1, Episode 1.

What the founders asked for:

• Asked for: $460,000
• In exchange for: 10% equity stake
• Implied valuation $4,600,000

Deal they got on Shark Tank:

• Investment received: $460,000
• In exchange for: 50% equity stake
• Implied valuation: $920,000

Shark(s) that went in on the deal: Barbara Corcoran and Daymond John

Company status: MIXED.

The North Jersey Record reported that Tod Wilson was arrested in 2017 on charges of witness tampering. However, the company still seems to be in operation based on an active Twitter account and listing on Google Maps.

2. Disappearing Broccoli

Company: Broccoli Wad

Industry: Novelties

What the company does: A rubber band that works as a money clip.

Who pitched the Sharks? Johnny Gennaro & Vinny Pastore

Season and episode they were on: Season 2, Episode 4.

What the founders asked for:

• Asked for: $50,000
• In exchange for: 20% equity stake
• Implied valuation: $250,000

Deal they got on Shark Tank:

• Investment received: $50,000
• In exchange for: 40% equity stake
• Implied valuation: $125,000
• Other terms: Closing conditions called for the product name to be changed to the Vinny Wad and for Vinny Pastore’s resemblance to be on the product. Barbara’s investment bought her a 40% stake, of which she gave half to Vinny for becoming the face of the product.

Shark(s) that went in on the deal: Barbara Corcoran

Company status: FAILED.

The company disappeared shortly after the deal was done, according to 2paragraphs.com, and the founders moved onto other projects.

3. Reinventing the Wheel

Company: Shark Wheel

Industry: Outdoor Recreation

What the company does: Shark Wheel’s wheel design is not circular, it’s Q-shaped, to put it as simply as possible. It goes on all sorts of things – skateboards, strollers, and more.

Who pitched the Sharks? David Patrick and Zack Fleishman

Season and episode they were on: Season 6, Episode 29.

What the founders asked for:

• Asked for: $100,000
• In exchange for: 5% equity stake
• Implied valuation: $2,000,000

Deal they got on Shark Tank:

• Investment received: $225,000
• In exchange for: 7% equity stake
• Implied valuation: $3,000,000
• Other terms: Kevin, Nick and Mark also get a 10% royalty on sales until $500,000 are recouped.

Shark(s) that went in on the deal: Kevin O’Leary, Mark Cuban, and Nick Woodman

Company status: SUCCESS.

According to Crunchbase, the company raised a further investor round of over $600,000. They are still in operation today and sell their wheels online.

4. No Pollution Cars for Cities

Company: Zero Pollution Motors

Industry: Automotive

What the company does: Zero Pollution Motors is launching the AIRPod vehicle, a small zero-pollution vehicle designed for use in cramped urban centers.

Who pitched the Sharks? Ethan Tucker and Pat Boone

Season and episode they were on: Season 6, Episode 27.

What the founders asked for:

Asked for: $5,000,000

In exchange for: 50% equity stake

Implied valuation: $10,000,000

Deal they got on Shark Tank:

Investment received: $5,000,000

In exchange for: 50% equity stake

Implied valuation: $10,000,000

Shark(s) that went in on the deal: Robert Herjavec

Company status: SUCCESS.

The business seems to be in operation, with their website (zeropollutionmotors.us) offering people the chance to reserve their AIRPod vehicle.

5. A Face Lift for Your Mouth

Company: AngelLift

Industry: Cosmetics

What the company does: Angellift Dermastrips are over-the-counter facial lifting strips that are worn inside the mouth, over the teeth for 10-30 minutes a day.

Who pitched the Sharks? Aaron Bruce

Season and episode they were on: Season 5, Episode 27.

What the founders asked for:

Asked for: $500,000

In exchange for: 10% equity stake

Implied valuation: $5,000,000

Deal they got on Shark Tank:

• Investment received: $500,000
• In exchange for: 15% equity stake
• Implied valuation: $3,333,333
• Other terms: Lori’s investment is to be used solely for the purpose of funding QVC purchase orders. The deal is also contingent on proof of patent, proof that $3,000,000 of retail sales have been done, and finally, review of the clinical trials.

Shark(s) that went in on the deal: Lori Greiner

Company status: MIXED.

The Shark Tank deal didn’t end up happening, according to Sharklytics.com. The business appears to be in operation, but their social media has been in active since summer 2019.

6. Lobster Boys

Company: Cousins Maine Lobster

Industry: Food

What the company does: A lobster roll food truck run by two cousins originally from Maine, operating in Southern California.

Who pitched the Sharks? Jim Tselikis and Sabin Lomac

Season and episode they were on: Season 4, Episode 6.

What the founders asked for:

Asked for: $55,000

In exchange for: 5% equity stake

Implied valuation: $1,100,000

Deal they got on Shark Tank:

Investment received: $55,000

In exchange for: 15% equity stake

Implied valuation: $366,667

Shark(s) that went in on the deal: Barbara Corcoran

Company status: SUCCESS.

The business is operational and growing after the Shark Tank investment went through.

7. Nutty for Nut Butter

Company: Wild Squirrel Nut Butter

Industry: Food

What the company does: Homemade peanut butters.

Who pitched the Sharks? Erika Welsh and Keeley Tillotson

Season and episode they were on: Season 3, Episode 14.

What the founders asked for:

• Asked for: $50,000
• In exchange for: 10% equity stake
• Implied valuation: $500,000

Deal they got on Shark Tank:

• Investment received: $50,000
• In exchange for: 40% equity stake
• Implied valuation: $125,000

Shark(s) that went in on the deal: Barbara Corcoran

Company status: SUCCESS.

According to a Forbes interview, the company is thriving. The founders are looking to add more products to the line and are doing millions of dollars in nut butter sales.

8. A Deal for Royalty

Company: Gift Card R£escue

Industry: Retail and E-Commerce

What the company does: A web-based company that buys back and sells some of the 10% of all unused gift cards each year in the US.

Who pitched the Sharks? Kwami Kuadey

Season and episode they were on: Season 1, Episode 4.

What the founders asked for:

Asked for: $150,000

In exchange for: 30% equity stake

Implied valuation: $500,000

Deal they got on Shark Tank:

• Investment received: $200,000
• In exchange for: 50% equity stake
• Implied valuation: $400,000
• Other terms: Robert and Kevin O’Leary also get a 5% royalty with the deal.

Shark(s) that went in on the deal: Kevin O’Leary and Robert Herjavec

Company status: FAILED.

As reported by the Baltimore Sun, Gift Card Rescue shut down in 2016, not too long after their Shark Tank appearance.

9. Cups for Everyone

Company: Lollacup

Industry: Baby and Childcare

What the company does: Lollacup is one well-engineered sippy cup. It comes with a valve-free, weighted straw that small children can easily learn to drink from, even when Lollacup is tilted.

Who pitched the Sharks? Hanna Lim

Season and episode they were on: Season 3, Episode 12.

What the founders asked for:

• Asked for: $100,000
• In exchange for: 15% equity stake
• Implied valuation: $666,667

Deal they got on Shark Tank:

• Investment received: $100,000
• In exchange for: 40% equity stake
• Implied valuation: $250,000

Shark(s) that went in on the deal: Mark Cuban and Robert Herjavec

Company status: SUCCESS.

The company expanded into other baby products like plates and utensils, and the business seems to be going well.

10. Sweeping Away the Sharks

Company: Sweep Easy

Industry: Home and Cleaning

What the company does: A new kind of broom with a built-in scraper.

Who pitched the Sharks? Shane Pannell

Season and episode they were on: Season 2, Episode 6.

What the founders asked for:

• Asked for: $40,000
• In exchange for: 25% equity stake
• Implied valuation: $160,000

Deal they got on Shark Tank:

• Investment received: $80,000
• In exchange for: 25% equity stake
• Implied valuation: $320,000

Shark(s) that went in on the deal: Kevin Harrington and Daymond John

Company status: MIXED.

The Shark Tank deal ended up falling through, but founder Shane Pannell continued working. The business is still operating and you can buy the sweep easy brooms on Amazon.

11. STEM Toys, Ahoy!

Company: Qubits

Industry: Toys

What the company does: Qubits is a new construction toy for kids. Recommended for ages 4 to 16.

Who pitched the Sharks? Mark Burginger

Season and episode they were on: Season 1, Episode 14.

What the founders asked for:

• Asked for: $90,000
• In exchange for: 51% equity stake
• Implied valuation: $176,471

Deal they got on Shark Tank:

• Investment received: $90,000
• In exchange for: 51% equity stake
• Implied valuation: $176,471
• Other terms: Contingent on Daymond being able to get a deal with a major toy company

Shark(s) that went in on the deal: Daymond John

Company status: MIXED.

The deal ultimately fell through, but Daymond John remained a mentor to the company. They secured their own growth partnerships and are still operating.

12. They’re Searching Everyone

Company: Postcard on the Run

Industry: Online Services

What the company does: An easy-to-use mobile app that allows you to take a photograph from your phone and instantly send it as a real printed postcard.

Who pitched the Sharks? Josh Brooks

Season and episode they were on: Season 5, Episode 1.

What the founders asked for:

• Asked for: $300,000
• In exchange for: 5% equity stake
• Implied valuation: $6,000,000

Deal they got on Shark Tank:

• Investment received: $300,000
• In exchange for: 7% equity stake
• Implied valuation: $4,000,000

Shark(s) that went in on the deal: Robert Herjavec

Company status: FAILED.

The company shut down in an announcement from 2015 after competition pushed them out of business, as reported on SharkTankBlog.com.

13. Greasy Product, Solid Business

Company: Grease Monkey Wipes

Industry: Outdoor Recreation

What the company does: Individually-packaged degreasing cleaning wipes formulated for cyclists to easily remove grease and grime from working on bicycles.

Who pitched the Sharks? Tim Stansbury and Erin Whalen

Season and episode they were on: Season 1, Episode 12

What the founders asked for:

• Asked for: $40,000
• In exchange for: 40% equity stake
• Implied valuation: $100,000

Deal they got on Shark Tank:

• Investment received: $40,000
• In exchange for: 40% equity stake
• Implied valuation: $100,000

Shark(s) that went in on the deal: Barbara Corcoran and Robert Herjavec

Company status: SUCCESS.

The company is still in operations after a successful Shark Tank deal.

14. Customers Hear You!

Company: Origaudio

Industry: Electronics

What the company does: The Rocket, the company’s flagship product, can turn anything into a speaker through its vibrations.

Who pitched the Sharks? Jason Lucash and Michael Szymczak

Season and episode they were on: Season 2, Episode 8.

What the founders asked for:

• Asked for: $150,000
• In exchange for: 15% equity stake
• Implied valuation: $1,000,000

Deal they got on Shark Tank:

• Investment received: $150,000
• In exchange for: 15% equity stake
• Implied valuation: $1,000,000

Shark(s) that went in on the deal: Robert Herjavec

Company status: SUCCESS.

Still operational, the company expanded into multiple different product lines and touts its high customer satisfaction on its website.

15. Bottles on Bottles

Company: The Clean Bottle

Industry: Water bottles

What the company does: A water container that unscrews from the bottom as well as the top for ease of cleaning.

Who pitched the Sharks? Dave Mayer

Season and episode they were on: Season 3, Episode 1.

What the founders asked for:

• Asked for: $60,000
• In exchange for: 5% equity stake
• Implied valuation: $1,200,000

Deal they got on Shark Tank:

• Investment received: $60,000
• In exchange for: 8% equity stake
• Implied valuation: $750,000

Shark(s) that went in on the deal: Mark Cuban

Company status: MIXED.

BicycleRetailer.com reported that the company was looking to be acquired in 2018, but recent news suggests that whatever the outcome, the company is running successfully.

16. Learn Guitar Quickly, Apparently

Company: Chord Buddy

Industry: Music

What the company does: A two-month learning system that teaches which chords to play on the guitar.

Who pitched the Sharks? Travis Perry

Season and episode they were on: Season 3, Episode 3.

What the founders asked for:

• Asked for: $125,000
• In exchange for: 10% equity stake
• Implied valuation: $1,250,000

Deal they got on Shark Tank:

• Investment received: $175,000
• In exchange for: 20% equity stake
• Implied valuation: $875,000
• Other terms: The deal stipulates that $50,000 of the investment will be placed in escrow, set aside to be used to make an infomercial.

Shark(s) that went in on the deal: Robert Herjavec

Company status: SUCCESS.

The company’s website suggests it’s still running and boasts media coverage in Forbes, CNBC, ABC, and The Today Show, among others.

17. Sold It all to the Sharks

Company: Classroom Jams

Industry: Education

What the company does: An educational record label and publishing house designed to get students into learning about classic works of literature.

Who pitched the Sharks? Mark Furigay

Season and episode they were on: Season 1, Episode 2.

What the founders asked for:

• Asked for: $250,000
• In exchange for: 10% equity stake
• Implied valuation: $2,500,000
• Deal they got on Shark Tank:
• Investment received: $250,000
• In exchange for: 100% equity stake
• Implied valuation: $250,000
• Other terms: The inventor agreed to sell his entire company (each of the 5 sharks having 20% equity) with the agreement of receiving 5% royalties from all future sales, and an option to buy 1/6 of the company back.

Shark(s) that went in on the deal: Kevin Harrington, Kevin O’Leary, Barbara Corcoran, Daymond John, Robert Herjavec

Company status: FAILED.

Despite the backing of the Sharks, the company doesn’t seem to have taken off.

18. A Good Barbecue Time

Company: Pork Barrel BBQ

Industry: Specialty Food

What the company does: The company sells award-winning BBQ rubs and spices.

Who pitched the Sharks? Heath Hall and Brett Thompson

Season and episode they were on: Season 1, Episode 6.

What the founders asked for:

• Asked for: $50,000
• In exchange for: 10% equity stake
• Implied valuation: $500,000

Deal they got on Shark Tank:

• Investment received: $50,000
• In exchange for: 50% equity stake
• Implied valuation: $100,000

Shark(s) that went in on the deal: Barbara Corcoran

Company status: SUCCESS.

Pork Barrel BBQ made the most of their Shark Tank appearance, and still advertise it today on their website. The company has since expanded and is doing well.

19. Save the Wine!

Company: Wine Balloon (now Air Cork)

Industry: Wine Accessories

What the company does: The company sells a product that preserves wine inside any already-opened bottle. It works by inflating a balloon inside the bottle to crowd out the air and prevent it from being in contact with the wine.

Who pitched the Sharks? Eric Corti

Season and episode they were on: Season 3, Episode 4.

What the founders asked for:

• Asked for: $40,000
• In exchange for: 30% equity stake
• Implied valuation: $133,333

Deal they got on Shark Tank:

• Investment received: $400,000
• In exchange for: 100% equity stake
• Implied valuation: $400,000

Shark(s) that went in on the deal: Mark Cuban and Lori Greiner

Company status: MIXED.

Despite the deal with the Sharks falling through, the company is doing well. They rebranded from Wine Balloon to Air Cork and are continuing to grow.

20. It’s Pretzels AND Candy

Company: The Painted Pretzel

Industry: Specialty Food

What the company does: The Painted Pretzel sells creative, gourmet chocolate-covered pretzel confections in brick-and-mortar retail stores and online.

Who pitched the Sharks? Raven Thomas

Season and episode they were on: Season 3, Episode 6.

What the founders asked for:

Asked for: $100,000

In exchange for: 25% equity stake

Implied valuation: $400,000

Deal they got on Shark Tank:

Investment received: $100,000

In exchange for: 25% equity stake

Implied valuation: $400,000

Shark(s) that went in on the deal: Mark Cuban

Company status: SUCCESS.

After a successful Shark investment from Mark Cuban, the business has continued to grow.

21. Flavors Combine when You Kiss

Company: Kisstixx

Industry: Cosmetics

What the company does: Kisstixx is a fun lip balm that comes in pairs according to compatible flavors. Each Kisstixx lipstick packs a punch of flavor, and they’re paired to mix well when they come together in a kiss.

Who pitched the Sharks? Dallas Robinson and Mike Buonomo

Season and episode they were on: Season 3, Episode 7.

What the founders asked for:

Asked for: $200,000

In exchange for: 20% equity stake

Implied valuation: $1,000,000

Deal they got on Shark Tank:

Investment received: $200,000

In exchange for: 40% equity stake

Implied valuation: $500,000

Shark(s) that went in on the deal: Mark Cuban

Company status: FAILED.

Shortly after their Shark Tank appearance, the founders moved on from KissTixx to other ventures.

22. Paddle, paddle, paddle

Company: Tower Paddle Boards

Industry: Outdoor Recreation

What the company does: Stand-up paddle boarding products.

Who pitched the Sharks? Stephan Aarstol

Season and episode they were on: Season 3, Episode 9.

What the founders asked for:

Asked for: $150,000

In exchange for: 10% equity stake

Implied valuation: $1,500,000

Deal they got on Shark Tank:

Investment received: $150,000

In exchange for: 30% equity stake

Implied valuation: $500,000

Other terms: Mark Cuban gets 1st right of refusal for future business ventures

Shark(s) that went in on the deal: Mark Cuban

Company status: SUCCESS.

The company did well in the Shark Tank and continued to do well after making a deal. They even landed a juicy Forbes.com feature, giving them huge press.

23. The Vanishing Nail Kit

Company: Nail Pak

Industry: Cosmetics

What the company does: An easy-to-use package that consolidates nail polish, pads, file and polish remover.

Who pitched the Sharks? Barbara Lampugnale

Season and episode they were on: Season 3, Episode 12.

What the founders asked for:

Asked for: $50,000

In exchange for: 20% equity stake

Implied valuation: $250,000

Deal they got on Shark Tank:

Investment received: $50,000

In exchange for: 40% equity stake

Implied valuation: $125,000

Shark(s) that went in on the deal: Lori Greiner

Company status: FAILED.

Despite amazing success after Shark Tank, completely selling out of their inventory, Nail Pak seems to have disappeared. The founder even moved onto another cosmetics company.

24. Safety AND Convenience

Company: Bev Buckle

Industry: Accessories

What the company does: A belt featuring a buckle that opens to make a beverage holder.

• Who pitched the Sharks? Jay Kriner
• Season and episode they were on: Season 4, Episode 1.

What the founders asked for:

• Asked for: $50,000
• In exchange for: 10% equity stake
• Implied valuation: $500,000

Deal they got on Shark Tank:

• Investment received: $50,000
• In exchange for: 51% equity stake
• Implied valuation: $98,039
• Other terms: The owner can not take a salary from the $50,000

Shark(s) that went in on the deal: Barbara Corcoran

Company status: MIXED.

The business is still up and running, but it’s not certain that the original Shark Tank team is still behind it. According to 2paragraphs.com, the business went up for sale in 2015, but there’s no confirmation if someone bought it or the founders kept it running themselves.

25. Dip Dunk Drop

Company: Back 9 Dips

Industry: Specialty Food

What the company does: Back 9 Dips are buffalo chicken dips created with all white meat chicken breasts along with wing and dipping sauces.

Who pitched the Sharks? David & Nique Mealy

Season and episode they were on: Season 4, Episode 4.

What the founders asked for:

• Asked for: $150,000
• In exchange for: 15% equity stake
• Implied valuation: $1,000,000

Deal they got on Shark Tank:

• Investment received: $150,000
• In exchange for: 25% equity stake
• Implied valuation: $600,000

Shark(s) that went in on the deal: Lori Greiner and Robert Herjavec

Company status: FAILED.

Unfortunately, the momentum from Shark Tank couldn’t save the business after a scandal involving using improper ingredients. They had to do a mass recall of their products and eventually went under.

26. Brothers in Vitamins

Company: Marz Sprays

Industry: Wellness

What the company does: If you don’t like to swallow pills, you may feel like there aren’t any wellness supplements out there for you. Marz Sprays came up with a solution. Their supplements are designed and packaged as oral sprays.

Who pitched the Sharks? Brandon and Keith Marz

Season and episode they were on: Season 4, Episode 5.

What the founders asked for:

Asked for: $200,000

In exchange for: 10% equity stake

Implied valuation: $2,000,000

Deal they got on Shark Tank:

• Investment received: $200,000
• In exchange for: 25% equity stake
• Implied valuation: $800,000
• Other terms: The entrepreneurs have the option to buy back half of Lori’s stake at 4X the price she paid for them.

Shark(s) that went in on the deal: Lori Greiner

Company status: MIXED.

Since the company was in the Shark Tank, they expanded their product lines into all kinds of sprays. Despite being sued by actress Jennifer Love Hewitt, the company still seems to be doing well.

27. Uni-cycling All Over Town

Company: SBU Unicycle by Focus Designs

Industry: Cycling

What the company does: Focus Designs is the maker of the self-balancing unicycle, or the SBU for short.

Who pitched the Sharks? Daniel Wood and David Martschinske

Season and episode they were on: Season 4, Episode 7.

What the founders asked for:

Asked for: $300,000

In exchange for: 10% equity stake

Implied valuation: $3,000,000

Deal they got on Shark Tank:

Investment received: $300,000

In exchange for: 33% equity stake

Implied valuation: $909,091

Shark(s) that went in on the deal: Kevin O’Leary and Robert Herjavec

Company status: MIXED.

While the team behind Focus Designs (the maker of the Unicycle) all seem to still be involved, the Amazon product links are broken and the website returns an error.

28. On Your Way to a Better Life

Company: Better Life

Industry: Cleaning Products

What the company does: A line of plant-derived cleaning products.

Who pitched the Sharks? Tim Barklage and Kevin Tibbs

Season and episode they were on: Season 5, Episode 7.

What the founders asked for:

• Asked for: $400,000
• In exchange for: 7% equity stake
• Implied valuation: $5,714,286

Deal they got on Shark Tank:

• Investment received: $400,000
• In exchange for: 17% equity stake
• Implied valuation: $2,352,941
• Other terms: Lori offers the $400,000 as a loan, with the equity stake dropping to 7% when the loan is paid back.

Shark(s) that went in on the deal: Lori Greiner

Company status: SUCCESS.

The company still seems to be up and running, with more products on their site and updates to their blog.

29. Sun-blocking Swimwear

Company: SwimZip

Industry: Baby and Childcare

What the company does: UV sun protection bathing suits designed for babies, toddlers, and children of all ages. A signature zipper down the front makes these suits easy to put on and take off.

Who pitched the Sharks? Betsy Johnson (Wanless)

Season and episode they were on: Season 5, Episode 15.

What the founders asked for:

• Asked for: $60,000
• In exchange for: 5% equity stake
• Implied valuation: $1,200,000

Deal they got on Shark Tank:

• Investment received: $60,000
• In exchange for: 20% equity stake
• Implied valuation: $300,000

Shark(s) that went in on the deal: Lori Greiner

Company status: SUCCESS.

The company is alive and thriving. Its social media channels are continually active and website shows multiple products (even for adults now).

30. The Cookie Monster Approves

Company: The Cookie Dough Cafe

Industry: Specialty Food

What the company does: Gourmet cookie dough made to be eaten and enjoyed without baking.

Who pitched the Sharks? Julia Schmid and Joan Pacetti

Season and episode they were on: Season 5, Episode 16.

What the founders asked for:

• Asked for: $50,000
• In exchange for: 20% equity stake
• Implied valuation: $250,000

Deal they got on Shark Tank:

• Investment received: $100,000
• In exchange for: 30% equity stake
• Implied valuation: $333,333

Shark(s) that went in on the deal: Lori Greiner and Steve Tisch

Company status: SUCCESS.

The company has done well since its Shark Tank deal. It’s grown well and even expanded into Canada.

31. Supplement or Construction Material?

Company: FiberFix

Industry: Home Improvement

What the company does: An ultra-strength repair tape that is easy to apply and cures rapidly.

Who pitched the Sharks? Eric Child and Spencer Quinn

Season and episode they were on: Season 5, Episode 6.

What the founders asked for:

Asked for: $90,000

In exchange for: 10% equity stake

Implied valuation: $900,000

Deal they got on Shark Tank:

Investment Received: $120,000

In exchange for: 2% equity stake

Implied valuation: $1,000,000

Other terms: Lori will also fund purchase orders.

Shark(s) that went in on the deal: Lori Greiner

Company status: SUCCESS.

The deal went through and the company continues to operate. Its products are even available on Amazon.

32. Lunch Box, but Make it Fashion

Company: Yubo

Industry: Toys and Games

What the company does: Yubo is a new kind of lunchbox featuring unique changeable faceplates that allow kids to update the look of their lunchbox as often as they’d like.

Who pitched the Sharks? Cyndi Pedrazzi, Paul Pedrazzi, and Dan Harden

Season and episode they were on: Season 5, Episode 10.

What the founders asked for:

• Asked for: $150,000
• In exchange for: 15% equity stake
• Implied valuation: $1,000,000

Deal they got on Shark Tank:

• Investment Received: $150,000
• In exchange for: 20% equity stake
• Implied valuation: $750,000
• Other terms: 20% stake drops to 10% if the investment is repaid in 18 months.

Shark(s) that went in on the deal: Kevin O’Leary and Robert Herjavec

Company status: FAILED.

After 10 years in the business, the company announced in early 2019 that it was closing down.

33. What Were They Drinking?!

Company: Tipsy Elves

Industry: Holiday Cheer

What the company does: A collection of quirky and humorous Christmas-themed sweaters, sweater dresses, jumpsuits and accessories.

Who pitched the Sharks? Evan Mendelsohn and Nicklaus Morton

Season and episode they were on: Season 5, Episode 12.

What the founders asked for:

• Asked for: $100,000
• In exchange for: 5% equity stake
• Implied valuation: $2,000,000

Deal they got on Shark Tank:

• Investment Received: $100,000
• In exchange for: 10% equity stake
• Implied valuation: $1,000,000

Shark(s) that went in on the deal: Robert Herjavec

Company status: SUCCESS.

Business Insider reported in 2018 that the company has sold over $70 million worth of product since appearing on Shark Tank.

34. Don’t Get Stuck on Surge

Company: Invisiplug

Industry: Home Improvement

What the company does: A patented line of power strips and surge protectors designed to blend in to hardwood floors.

Who pitched the Sharks? Mike Barzman and Bryan O’Connell

Season and episode they were on: Season 5, Episode 14.

What the founders asked for:

• Asked for: $125,000
• In exchange for: 10% equity stake
• Implied valuation: $1,250,000

Deal they got on Shark Tank:

• Investment Received: $125,000
• In exchange for; 10% equity stake
• Implied valuation: $1,250,000
• Other terms: In addition to the 10% equity stake, Lori is to receive a royalty of $1.00 per unit sold until her initial investment is recovered, then $0.25 per unit in perpetuity.

Shark(s) that went in on the deal: Lori Greiner

Company status: FAILED.

While some media claim the business is operational, the products are not available on Amazon or QVC any longer. Founder Mike Barzman was also arrested for threatening someone with a gun in 2015.

35. Sleep Like a Baby

Company: Sleeping Baby

Industry: Baby and Childcare

What the company does: Creators of the Zipadee-Zip, a onesie that provides a cozy, womb-like sleeping environment that babies need, with the freedom to roll around safely and freely.

Who pitched the Sharks? Brett and Stephanie Parker

Season and episode they were on: Season 6, Episode 1.

What the founders asked for:

• Asked for: $200,000
• In exchange for: 10% equity stake
• Implied valuation: $2,000,000

Deal they got on Shark Tank:

• Investment Received: $200,000
• In exchange for: 20% equity stake
• Implied valuation: $1,000,000

Shark(s) that went in on the deal: Daymond John

Company status: SUCCESS.

While the deal with Daymond John fell through, the company continues to operate – and even got a feature in Forbes.

36. Roommate or Building Material?

Company: Roominate

Industry: Toys and Games

What the company does: A line of toys that combines hands-on building, circuits, design, crafts, storytelling, and creativity.

Who pitched the Sharks? Alice Brooks and Bettina Chen

Season and episode they were on: Season 6, Episode 2.

What the founders asked for:

• Asked for: $500,000
• In exchange for: 5% equity stake
• Implied valuation: $10,000,000

Deal they got on Shark Tank:

• Investment Received: $500,000
• In exchange for: 5% equity stake
• Implied valuation: $10,000,000

Shark(s) that went in on the deal: Mark Cuban and Lori Greiner

Company status: SUCCESS.

After success in the Shark Tank, Roominate was acquired in 2016 by toy company PlayMonster.

37. Golf Until the End of Time

Company: Kronos Golf

Industry: Recreation and Leisure

What the company does: An independent manufacturer of premium golf putters, Kronos undertakes a labor-intensive process that includes precision milling to within 1/1000 of an inch, delicate hand work, and a calculated approach to raw material selection.

Who pitched the Sharks? Phillip Lapuz and Eric Williams

Season and episode they were on: Season 6, Episode 2.

What the founders asked for:

• Asked for: $150,000
• In exchange for: 15% equity stake
• Implied valuation: $1,000,000

Deal they got on Shark Tank:

• Investment Received: $150,000
• In exchange for: 30% equity stake
• Implied valuation: $500,000

Shark(s) that went in on the deal: Robert Herjavec

Company status: SUCCESS.

The deal with Robert Herjavec went through and the company is growing. It primary sells to the Japanese market but hopes to expand into the US.

38. Strong by Nature

Company: The Natural Grip

Industry: Fitness

What the company does: The Natural Grip is an innovative fitness product that provides comfortable and custom hand protection for fitness enthusiasts.

Who pitched the Sharks? Ashley Drake

Season and episode they were on: Season 6, Episode 8.

What the founders asked for:

• Asked for: $100,000
• In exchange for: 20% equity stake
• Implied valuation: $500,000

Deal they got on Shark Tank:

• Investment Received: $125,000
• In exchange for: 25% equity stake
• Implied valuation: $500,000

Shark(s) that went in on the deal: Robert Herjavec

Company status: FAILED.

Despite major early success, including being part of the Olympics, The Natural Grip has not updated Twitter since 2017 and the website fails to load.

39. Remix Your Lips

Company: Lipstick Remix

Industry: Cosmetics

What the company does: A way to save the lipstick that gets stuck at the bottom of the tube.

Who pitched the Sharks? Jill Quilln

Season and episode they were on: Season 1, Episode 13.

What the founders asked for:

• Asked for: $105,000
• In exchange for: 30% equity stake
• Implied valuation: $350,000

Deal they got on Shark Tank:

• Investment Received: $105,000
• In exchange for: 50% equity stake
• Implied valuation: $210,000

Shark(s) that went in on the deal: Kevin Harrington, Barbara Corcoran, Daymond John

Company status: FAILED.

After a successful run on Shark Tank, the company suddenly shut down in 2013 and has been defunct ever since.

40. Dance Like Nobody’s Watching

Company: Tippi Toes

Industry: Baby and Childcare

What the company does: Dance education centers for children.

Who pitched the Sharks? Megan Reilly and Sarah Nuse

Season and episode they were on: Season 2, Episode 1.

What the founders asked for:

• Asked for: $30,000
• In exchange for: 5% equity stake
• Implied valuation: $600,000

Deal they got on Shark Tank:

• Investment Received: $100,000
• In exchange for: 30% equity stake
• Implied valuation: $333,333

Shark(s) that went in on the deal: Mark Cuban

Company status: MIXED.

The deal with Mark Cuban fell through, but the business itself didn’t fail. The duo are still running the company.

41. New Toys All the Time

Company: Toygaroo

Industry: Toys and Games

What the company does: A subscription toy service.

Who pitched the Sharks? Nikki Pope

Season and episode they were on: Season 2, Episode 2.

What the founders asked for:

• Asked for: $100,000
• In exchange for: 10% equity stake
• Implied valuation: $1,000,000

Deal they got on Shark Tank:

• Investment Received: $200,000
• In exchange for: 40% equity stake
• Implied valuation: $500,000

Shark(s) that went in on the deal: Kevin O’Leary and Mark Cuban

Company status: FAILED.

Despite securing two Sharks, the company ultimately failed. O’Leary said in a Forbes interview it was due to the founder’s inability to execute.

42. Get Fit, Will Surf

Company: SurfSet Fitness

Industry: Fitness

What the company does: Surf-inspired exercise equipment and group fitness classes.

Who pitched the Sharks? Mike Hartwick and Sarah Ponn

Season and episode they were on: Season 4, Episode 2.

What the founders asked for:

• Asked for: $150,000
• In exchange for: 10% equity stake
• Implied valuation: $1,500,000

Deal they got on Shark Tank:

• Investment Received: $300,000
• In exchange for: 30% equity stake
• Implied valuation: $1,000,000

Shark(s) that went in on the deal: Mark Cuban

Company status: MIXED.

The deal worked with Mark Cuban, but one of the co-founders left the company in 2018. It still operates.

43. So Much Posture

Company: Posture Now

Industry: Wellness

What the company does: A patent-pending strap that keeps the wearer’s posture perfect.

Who pitched the Sharks? Mike Lane and Mark Franklin

Season and episode they were on: Season 4, Episode 3.

What the founders asked for:

• Asked for: $100,000
• In exchange for: 15% equity stake
• Implied valuation: $666,667

Deal they got on Shark Tank:

• Investment Received: $100,000
• In exchange for: 30% equity stake
• Implied valuation: $333,333
• Other terms: Mark will get a $5 royalty on every unit sold until his investment is recovered. In addition, since the two entrepreneurs have full-time jobs outside of the company, Mark requires that one of them (Mike) quit his day job to fully dedicate himself to Posture Now.

Shark(s) that went in on the deal: Mark Cuban

Company status: MIXED.

While the website seems to still be up, the product is out of stock on Amazon and the company’s Twitter account has not been updated since 2017.

44. Have a Cool Baby

Company: Cool Wazoo

Industry: Baby and Childcare

What the company does: Cool Wazoo is a cover that redirects heat back to its source while serving five different functions.

Who pitched the Sharks? Ginelle Mills

Season and episode they were on: Season 4, Episode 8.

What the founders asked for:

• Asked for: $65,000
• In exchange for: 25% equity stake
• Implied valuation: $260,000

Deal they got on Shark Tank:

• Investment Received: $65,000
• In exchange for: 25% equity stake
• Implied valuation: $260,000

Shark(s) that went in on the deal: Lori Greiner

Company status: FAILED.

With the Amazon store shut down and products being labelled as “sold out,” it doesn’t look like Cool Wazoo is still operating.

45. Fast Ramen for the Impatient

Company: Rapid Ramen Cooker

Industry: Food

What the company does: A bowl designed to cook ramen more easily in the microwave.

Who pitched the Sharks? Chris Johnson

Season and episode they were on: Season 5, Episode 3.

What the founders asked for:

• Asked for: $300,000
• In exchange for: 10% equity stake
• Implied valuation: $3,000,000

Deal they got on Shark Tank:

• Investment Received: $150,000
• In exchange for: 15% equity stake
• Implied valuation: $1,000,000
• Other terms: In addition to the equity investment, the deal includes another $150,000 in the form of a loan.

Shark(s) that went in on the deal: Mark Cuban

Company status: SUCCESS.

Despite the Shark Tank deal falling through, the company expanded its product offerings and is even sold through Walmart stores.

46. Surf AND Skateboard

Company: Hamboards

Industry: Recreation and Leisure

What the company does: A surf-style skateboard company.

Who pitched the Sharks? Pete Hamborg

Season and episode they were on: Season 5, Episode 4.

What the founders asked for:

• Asked for: $100,000
• In exchange for: 15% equity stake
• Implied valuation: $666,667

Deal they got on Shark Tank:

• Investment Received: $300,000
• In exchange for: 30% equity stake
• Implied valuation: $1,000,000

Shark(s) that went in on the deal: Robert Herjavec

Company status: SUCCESS.

The deal on Shark Tank helped the company grow and it still seems to be operating today, based on an active and professional business website.

47. Carry Your Dogs

Company: Heart Pup

Industry: Pet Products

What the company does: A sling and dog carrier tote hybrid, HeartPUP allows the user to carry pets handsfree.

Who pitched the Sharks? Anastasia Heart

Season and episode they were on: Season 6, Episode 3.

What the founders asked for:

• Asked for: $25,000
• In exchange for: 10% equity stake
• Implied valuation: $250,000

Deal they got on Shark Tank:

• Investment Received: $50,000
• In exchange for: 40% equity stake
• Implied valuation: $125,000

Shark(s) that went in on the deal: Daymond John

Company status: SUCCESS.

Since Shark Tank, Heart Pup has continued to operate and grow. She even models the product herself on the company’s social media pages.

48. Kids Love It!

Company: Paper Box Pilots

Industry: Toys and Games

What the company does: Paper Box Pilots sells sticker kits that turn a plain old ordinary box into imaginative airplanes, fire engines and race cars.

Who pitched the Sharks? Noah Cahoon

Season and episode they were on: Season 6, Episode 4.

What the founders asked for:

• Asked for: $35,000
• In exchange for: 25% equity stake
• Implied valuation: $140,000

Deal they got on Shark Tank:

• Investment Received: $35,000
• In exchange for: 50% equity stake
• Implied valuation: $70,000

Shark(s) that went in on the deal: Kevin O’Leary

Company status: MIXED.

While the deal worked on Shark Tank and the company still appears to be running, many items are out of stock and the company’s social media has not been updated since 2018.

49. Custom Silicone Pet Tags

• Company: SiliDog
• Founder: Mikey Lickstein
• Season: Appeared on Season 8

SiliDog creates silent, durable, and customizable silicone pet tags that stand out from traditional metal tags by being waterproof, quiet, and easy to personalize. Mikey Lickstein entered the Shark Tank seeking $100,000 for 15% equity in his business.

Deal: Lori Greiner offered $100,000 for 30% equity, believing in the unique appeal of the silent pet tags for pet owners who want durable and quiet options.

Where Is SiliDog Now?

Since the show, SiliDog has expanded its presence in the pet accessories market, offering more customization options. The company has continued to grow its brand by targeting pet lovers who prioritize both function and design.

50. The Coconut Opener

• Company: Coco Jack
• Founder: Dave Goodman
• Season: Appeared on Season 6

Coco Jack is a coconut opener that simplifies the process of cutting coconuts for home users. Dave Goodman came to the Shark Tank seeking $125,000 for 10% equity in his company.

Deal: Mark Cuban offered $125,000 for 25% equity. However, after the show, the deal did not go through.

Where Is Coco Jack Now?

Although the deal with Mark Cuban fell through, Coco Jack experienced a significant boost in sales post-Shark Tank and continued to build a loyal customer base. The company continues to sell its products online, catering to coconut lovers and health-conscious consumers.

51. Healthy Meals in Reusable Jars

• Company: Simply Good Jars
• Founder: Jared Cannon
• Season: Appeared on Season 12

Simply Good Jars provides ready-to-eat, sustainable, and healthy meal options packaged in reusable jars, targeting health-conscious consumers who value convenience. Jared Cannon sought $500,000 for 7% equity.

Deal: Mark Cuban and Lori Greiner teamed up to offer $500,000 for 10% equity, attracted by the focus on sustainability and healthy living.

Where Is Simply Good Jars Now?

The company has thrived post-Shark Tank, expanding into new retail channels, including Walgreens. Simply Good Jars continues to grow as a leader in sustainable food packaging, driving growth through partnerships with major retail chains.

52. No More Lost Socks

• Company: SockTabs
• Founder: Gina Locklear
• Season: Appeared on Season 7

SockTabs helps prevent the age-old problem of losing socks by allowing users to clip sock pairs together before washing. Gina Locklear entered the Shark Tank asking for $50,000 in exchange for 20% equity.

Deal: Daymond John offered $50,000 for 30% equity, impressed by the simple yet practical solution to a common household issue.

Where Is SockTabs Now?

Post-Shark Tank, SockTabs continues to market its product, but it remains a niche item in the broader market. Though the product is still available, it has faced challenges in achieving mainstream success.

53. Swipe n Snap: Baby Wipe Dispenser

• Company: Swipe n Snap
• Founder: Alison Grimaldi
• Season: Appeared on Season 12

Swipe n Snap is a one-handed baby wipe dispenser, created to help parents during diaper changes. Alison Grimaldi pitched the Sharks asking for $120,000 for 10% equity.

Deal: Kevin O’Leary and Lori Greiner partnered to invest $120,000 for 12% equity. They saw potential in the product’s convenience for busy parents.

Where Is Swipe n Snap Now?

Swipe n Snap has continued to grow its market presence, supported by its Shark investors. The product is gaining traction among parents looking for easier and more practical baby care solutions.

54. Ash & Erie: Clothing for Shorter Men

• Company: Ash & Erie
• Founders: Steven Mazur and Eric Huang
• Season: Appeared on Season 9

Ash & Erie offers stylish and well-fitted clothing for shorter men, a niche that is often overlooked by mainstream brands. Steven and Eric sought $150,000 for 12.5% equity.

Deal: Mark Cuban offered $150,000 for 25% equity, recognizing the potential in catering to a specific, underserved market.

Where Is Ash & Erie Now?

Ash & Erie has grown significantly post-Shark Tank, expanding their product lines and building a loyal customer base of shorter men who appreciate clothing that fits well and is fashionable.

55. Byoot: Skincare Line

• Company: Byoot
• Founder: Tania Speaks
• Season: Appeared on Season 13

Byoot offers skincare products designed to cater to a variety of skin types. Tania Speaks entered the Shark Tank asking for $50,000 for 10% equity.

Deal: Kendra Scott offered $50,000 for 15% equity, impressed by Tania’s drive and the product’s market potential.

Where Is Byoot Now?

Byoot has continued to grow, expanding its skincare line and reaching a broader audience. The partnership with Kendra Scott has helped the company increase its visibility and presence in the skincare market.

56. Innovative Storm Shelters

• Company: Life Lift Systems
• Founder: Levi Wilson
• Season: Appeared on Season 10

Life Lift Systems designs innovative storm shelters, offering peace of mind to homeowners living in tornado-prone areas. Levi Wilson entered the Shark Tank asking for $550,000 for 15% equity.

Deal: Mark Cuban offered $550,000 for 25% equity. Cuban believed in the potential for these safety systems, particularly in disaster-prone regions.

Where Is Life Lift Systems Now?

Life Lift Systems has seen significant growth since appearing on Shark Tank, expanding its storm shelter offerings and securing contracts across multiple states. The company remains a leader in the storm protection industry.

57. Portable Handwashing System

• Company: Suds2Go
• Founders: Cynthia and Gabe Trevizo
• Season: Appeared on Season 12

Suds2Go offers a portable handwashing system that includes both soap and water, providing easy access to hygiene on the go. The Trevizos sought $200,000 for 10% equity.

Deal: Robert Herjavec offered $200,000 for 15% equity. The Sharks were impressed by the relevance and practicality of the product, especially during the COVID-19 pandemic.

Where Is Suds2Go Now?

Suds2Go has experienced substantial growth, particularly in light of increased attention to hygiene. The company continues to expand, appealing to a broad market of health-conscious consumers.

58. Creative Construction Toys

• Company: Pinblock
• Founder: Vladislav Smolyanskyy
• Season: Appeared on Season 7

Pinblock is a unique construction toy system that allows for customizable builds with interchangeable pieces. Vladislav entered the Shark Tank seeking $100,000 for 10% equity.

Deal: Kevin O’Leary offered $100,000 for 20% equity, recognizing the toy’s potential to appeal to creative minds.

Where Is Pinblock Now?

Pinblock continues to grow and expand its product lines, becoming a popular choice for children and adults who enjoy creative construction toys. The company has gained attention for its innovative designs.

59. Wine Chiller

• Company: ProntoBev
• Founder: Alexander Simone
• Season: Appeared on Season 9

ProntoBev is a wine chiller that rapidly cools beverages to the perfect temperature in just minutes. Alexander Simone entered the Shark Tank seeking $100,000 for 5% equity.

Deal: Mark Cuban offered $100,000 for 10% equity, intrigued by the product’s practicality for wine enthusiasts.

Where Is ProntoBev Now?

ProntoBev has continued to sell well, attracting wine lovers looking for an efficient way to chill their drinks quickly. The company has expanded its market presence and remains a popular choice for beverage cooling solutions.

60. Nui Cookies: Sweet Success with Low-Carb Treats

• Company: Nui Cookies
• Founder: Victor Macias and Kristoffer Quiaoit
• Season: Appeared on season 10

Nui Cookies offers a line of keto-friendly, low-carb cookies targeted at health-conscious consumers. The founders came into the Shark Tank seeking $300,000 for 10% equity to further their brand and expand distribution.

Deal: Alex Rodriguez offered $300,000 for 25% equity, believing in the growth potential of the keto diet market and the passion of the founders.

Where Is Nui Cookies Now?

Since their appearance on Shark Tank, Nui Cookies has expanded their product line and gained traction within the keto community. Their cookies are now available in more retail locations, and the founders continue to promote the benefits of low-carb living through partnerships and social media.

61. Rareform: Turning Billboards into Bags

• Company: Rareform
• Founder: Alec Avedissian and Aric Avedissian
• Season: Appeared on season 7

Rareform repurposes used billboards into stylish, durable bags and accessories, offering an eco-friendly alternative to traditional materials. They entered the Shark Tank seeking $300,000 for 10% equity to grow their unique brand.

Deal: Kevin O’Leary offered $300,000 for 15% equity, citing the company’s innovative approach to sustainability and potential for scaling.

Where Is Rareform Now?

Rareform has expanded its line of products and continues to grow. Their sustainable approach resonates with environmentally conscious consumers, and they have built a loyal customer base. The company has since appeared in major retailers and continues to leverage its unique brand story.

62. Critter Pricker: Keeping Pests Away Humanely

• Company: Critter Pricker
• Founder: Thomas De Deyn
• Season: Appeared on season 11

Critter Pricker is a humane, non-toxic solution to keep animals like raccoons and pests away from homes and garbage bins. The founder sought $115,000 for 15% equity in order to scale production and distribution.

Deal: Kevin O’Leary offered $115,000 for 15% equity, sharing his interest in products that solve everyday problems in a humane way.

Where Is Critter Pricker Now?

Critter Pricker is still operational and continues to sell its humane pest deterrent solution through online retailers. The product has gained attention from customers seeking eco-friendly and non-lethal ways to keep pests at bay.

63. Prime 6: Sustainable Charcoal Takes Off

• Company: Prime 6
• Founder: Oron and Romy Franco
• Season: Appeared on season 11

Prime 6 offers sustainable, long-lasting charcoal made from sawdust, reducing waste and providing a cleaner, hotter burn for grilling enthusiasts. The founders sought $200,000 for 10% equity to expand production and marketing.

Deal: Kevin O’Leary offered $200,000 for 25% equity, attracted to the environmentally sustainable product and potential market for high-end grilling.

Where Is Prime 6 Now?
Prime 6 has successfully expanded its distribution into major retail chains, including Home Depot and Amazon. Their commitment to sustainability continues to drive brand loyalty, and they remain a popular choice among grilling aficionados.

64. Pearachute: Simplifying Kids’ Activity Scheduling

• Company: Pearachute
• Founder: Desiree Vargas Wrigley
• Season: Appeared on season 9

Pearachute is a subscription service that helps parents find and schedule activities for their kids, from swimming lessons to art classes. The founder entered the Shark Tank seeking $500,000 for 6% equity to expand operations across more cities.

Deal: Mark Cuban offered $500,000 for 15% equity, impressed by the founder’s vision to streamline the process of finding and booking children’s activities.

Where Is Pearachute Now?

Pearachute has expanded its offerings to include more cities across the U.S. The company continues to grow, providing busy parents with an easier way to access local activities for their children, especially with the recent emphasis on virtual options.

65. Digiwrap: Custom Tissue Paper for All Occasions

• Company: Digiwrap
• Founder: Brad Boskovich and Charlie Williams
• Season: Appeared on season 8

Digiwrap offers customizable tissue paper and gift wrap that can be printed with any design for personal or corporate use. The founders entered the Shark Tank seeking $150,000 for 10% equity to expand production and improve marketing efforts.

Deal: Kevin O’Leary offered $150,000 for 20% equity, citing the potential for Digiwrap to scale in both corporate and consumer markets.

Where Is Digiwrap Now?

Digiwrap has continued to grow, with their custom tissue paper gaining popularity among businesses and individuals alike. They remain a leader in personalized wrapping solutions, leveraging partnerships with companies for branded packaging needs.

Wrapping Up

The journey of businesses featured on Shark Tank reflects the dynamic nature of entrepreneurship.

Success isn’t guaranteed by merely securing a deal on the show; it often depends on how well the company executes its vision after the cameras stop rolling. From innovative products like Simply Good Jars and SiliDog to niche solutions like Swipe n Snap and Life Lift Systems, these companies demonstrate the wide range of ideas that can find support in the Tank.

However, not all deals result in success, as seen with some companies like Broccoli Wad and ProntoBev, whose post-show performance varied significantly.

The mentorship, resources, and expertise of the Sharks can propel businesses to new heights, but the challenges of scaling, market fit, and execution remain critical hurdles.

Key Lessons Learned

• Execution Over Investment: Simply securing an investment isn’t a golden ticket to success. Companies like Pinblock and Life Lift Systems flourished because of their strong execution and ability to scale after securing investment.
• Niche Markets Can Thrive: Businesses like SiliDog and Ash & Erie have demonstrated that focusing on niche markets can lead to success when executed well. Niche products can create dedicated, loyal customers if the market is properly understood and targeted.
• The Importance of Adaptability: Many businesses, such as Simply Good Jars and Suds2Go, found success by being able to adapt to market demands and external circumstances, including health trends and hygiene needs during the pandemic.
• Mentorship Is Key: Companies that embraced the mentorship of their Shark partners, like Byoot and Ash & Erie, often saw long-term benefits that went beyond just the capital investment. The value of mentorship in scaling and brand building is immeasurable.
• Challenges of Scaling: Businesses such as SockTabs faced difficulty in scaling beyond a niche, demonstrating that even practical solutions can struggle to expand without proper strategy and market positioning.
• Persistence Pays Off: Companies like Coco Jack may have failed to close the deal on Shark Tank, but their persistence led to continued success in their market. Entrepreneurs need resilience to navigate post-show challenges and setbacks.