Caffeindicator Shark Tank Update

Novelties

Fell ThroughNow:Out of BusinessFood & BeverageSeason 1, Episode 13Mt. Joy, PAby Michael SchiavoneWebsite

What Happened to Caffeindicator After Shark Tank

Is Caffeindicator still in business? No — the company has shut down.

  • On-air deal with Kevin Harrington for $200,000 for 50% equity did not close — contingency on sweetener company partnership was never met
  • Business never took flight; went silent after brief media buzz

Last verified Apr 5, 2026. Web-confirmed sources.

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The Caffeindicator Shark Tank Pitch

Michael Schiavone of Mt. Joy, PA pitched Caffeindicator on Shark Tank Season 1, Episode 13, which aired Friday, January 29, 2010, asking for $200,000 for 25% of the company — a $800,000 valuation.

Kevin Harrington agreed to invest $200,000 for 50% equity, valuing the company at $400,000. The deal fell through after the show.

Pitch Details

Aired
S1E13Jan 29, 2010
Ask
$200,000for 25%
Ask Valuation
$800,000

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$200,000
Equity
50%
Valuation
$400,000
Kevin HarringtonKevin Harrington