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PhonesoapDealTechnologyWebsiteProvo, UTby Dan Barnes and Wesley LaPorteS6E16

Pitch Details

Season / Episode

S6E16

Jan 30, 2015

Ask

$300,000

for 7.5%

Ask Valuation

$4M

Deal

$300,000

for 10%

Watch the Pitch

Deal Terms

Amount$300,000
Equity10%
Valuation$3M

What Happened Next

Thriving

$20M

reported

  • Deal closed on Shark Tank
  • $187M lifetime sales by Oct 2023
  • 13th largest Shark Tank company
  • 9 product SKUs
  • Growth accelerated by COVID-19 pandemic
  • Estimated $100M+ annual revenue

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