Snow Scholars Shark Tank Update

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DealNow:OperatingServicesSeason 16, Episode 7Madison, WIby Jake Piekarski, Philip LovelandWebsite

What Happened to Snow Scholars After Shark Tank

Is Snow Scholars still in business? Yes — still in business.

$200,000

estimated annual revenue

  • Deal closed: $150K for 20% equity with Mark Cuban
  • Operating at University of Wisconsin-Madison and University of Minnesota Twin Cities
  • Plans to expand to four more campuses; 140+ campus potential in US and Canada

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

Get updates on Snow Scholars

The Snow Scholars Shark Tank Pitch

Jake Piekarski and Philip Loveland of Madison, WI pitched Snow Scholars on Shark Tank Season 16, Episode 7, which aired Friday, December 13, 2024, asking for $75,000 for 10% of the company — a $750,000 valuation.

Mark Cuban agreed to invest $150,000 for 20% equity, valuing the company at $750,000. The deal closed after the show.

Watch the Pitch

Pitch Details

Aired
S16E7Dec 13, 2024
Ask
$75,000for 10%
Ask Valuation
$750,000

Deal Terms

Amount
$150,000
Equity
20%
Valuation
$750,000