Pete And Pedro Shark Tank Update

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Fell ThroughNow:OperatingFashion & BeautySeason 7, Episode 29GAWebsite

What Happened to Pete And Pedro After Shark Tank

Is Pete And Pedro still in business? Yes — still in business.

$15M

Estimated annual revenue $10M-$15M

Deal Fell Through

Founder Aaron Marino declined the deal one week after airing; Corcoran wanted a percentage of all income from his personal brand, which didn't feel authentic

  • No deal on Pete & Pedro; founder's other company Alpha M received Barbara Corcoran offer which was later declined
  • Pete and Pedro, Alpha M, and Tiege Hanley all remain successful businesses

Last verified Apr 1, 2026. Web-confirmed sources.

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The Pete And Pedro Shark Tank Pitch

Pete And Pedro pitched on Shark Tank Season 7, Episode 29, which aired Friday, May 20, 2016, asking for $100,000 for 10% of the company — a $1M valuation.

Barbara Corcoran agreed to invest $100,000 for 10% equity, valuing the company at $1M. The deal fell through after the show. Founder Aaron Marino declined the deal one week after airing; Corcoran wanted a percentage of all income from his personal brand, which didn't feel authentic.

Watch the Pitch

Pitch Details

Aired
S7E29May 20, 2016
Ask
$100,000for 10%
Ask Valuation
$1M

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$100,000
Equity
10%
Valuation
$1M
Barbara CorcoranBarbara Corcoran

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