Pan's Mushroom Jerky Shark Tank Update
Mushroom-based jerky
What Happened to Pan's Mushroom Jerky After Shark Tank
Is Pan's Mushroom Jerky still in business? Yes — still in business and thriving.
$5M
reported annual revenue
- Deal closed: $300,000 for 18% equity with Mark Cuban
- Over $1 million in sales in the first week after airing
- Annual revenues $3 million as of June 2021; grew to approximately $5 million as of January 2023
- Products in over 3,500 retail locations including Kroger, Walmart, and H-E-B as of July 2022
Last verified Apr 5, 2026. Web-confirmed sources.
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The Pan's Mushroom Jerky Shark Tank Pitch
Michael Pan pitched Pan's Mushroom Jerky on Shark Tank Season 12, Episode 6, which aired Friday, November 20, 2020, asking for $300,000 for 10% of the company — a $3M valuation.
Mark Cuban agreed to invest $300,000 for 18% equity, valuing the company at $1.7M. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S12E6Nov 20, 2020
- Ask
- $300,000for 10%
- Ask Valuation
- $3M
Deal Terms
- Amount
- $300,000
- Equity
- 18%
- Valuation
- $1.7M
Mark Cuban