Velocity Signs Shark Tank Update
Novelties
What Happened to Velocity Signs After Shark Tank
Is Velocity Signs still in business? No — the company has shut down.
- Deal with Mark Cuban, Kevin O'Leary, Robert Herjavec for $225K/30%
- Earned $3M the year following the episode
- Went out of business January 2019
- Battery-powered advertising signs that moved like human sign spinners
- Closure reasons undisclosed
Last verified Apr 1, 2026.
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The Velocity Signs Shark Tank Pitch
Scott Adams and Josh Faherty of Sacramento, CA pitched Velocity Signs on Shark Tank Season 5, Episode 23, which aired Thursday, April 10, 2014, asking for $225,000 for 15% of the company — a $1.5M valuation.
Mark Cuban, Robert Herjavec and Kevin O'Leary teamed up and agreed to invest $225,000 for 30% equity, valuing the company at $750,000. The deal closed after the show.
Watch the Pitch
Pitch Details
- Aired
- S5E23Apr 10, 2014
- Ask
- $225,000for 15%
- Ask Valuation
- $1.5M
Deal Terms
- Amount
- $225,000
- Equity
- 30%
- Valuation
- $750,000
Mark Cuban
Robert Herjavec
Kevin O'Leary