The Tomte Cake

Alternative to gingerbread houses

The Tomte CakeDidn't CloseFood & BeverageWebsiteby Miranda TompkinsS15E8

Pitch Details

Season / Episode

S15E8

Dec 8, 2023

Ask

$200,000

for 10%

Ask Valuation

$2M

Deal

$200,000

for 15%

Watch the Pitch

Deal Terms

Amount$200,000
Equity15%
Valuation$1.3M

What Happened Next

Deal Fell Through

No evidence deal with Kevin O'Leary closed after 6+ months

Operating

$500,000

estimated

  • Deal with Kevin O'Leary for $200K/15% - unconfirmed if closed
  • Sold over 20,000 kits after Shark Tank
  • Generated $200K in first 35 days from $40K ad spend
  • Website shows RESTOCK IN 2026
  • Ran Christmas in July campaign and closeout pricing in 2024

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