The Painted Pretzel Shark Tank Update
Specialty Food
What Happened to The Painted Pretzel After Shark Tank
Is The Painted Pretzel still in business? No — the company has shut down.
- Deal with Mark Cuban for $100,000 for 25% equity closed post-show
- Expanded distribution to Neiman Marcus, SAM's Club, Amazon, and Mark Cuban's Landmark Theaters
- Annual sales exceeded $1 million
- Company ceased operations by April 2024; founder Raven Thomas became Director of Business Development at Neubloc
Last verified Apr 10, 2026.
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The The Painted Pretzel Shark Tank Pitch
Raven Thomas of Scottsdale, AZ pitched The Painted Pretzel on Shark Tank Season 3, Episode 6, which aired Friday, February 24, 2012, asking for $100,000 for 25% of the company — a $400,000 valuation.
Mark Cuban agreed to invest $100,000 for 25% equity, valuing the company at $400,000. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S3E6Feb 24, 2012
- Ask
- $100,000for 25%
- Ask Valuation
- $400,000
Deal Terms
- Amount
- $100,000
- Equity
- 25%
- Valuation
- $400,000
Mark Cuban