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Five Sharks, One Investment! Stories Where All 5 Sharks Invested Together In One Company

Anshika Jain

·

Sep 10 2024

Five Sharks, One Investment! Stories Where All 5 Sharks Invested Together In One Company

Shark Tank Miracle 

Shark Tank USA is a famous reality TV show where people with big ideas pitch their businesses to investors, i.e., the sharks. In this show, if you get a deal, it's like a big thumbs up for your idea, and the deal will make your business soar to new heights in the market. But what if, by some miracle, you manage to convince not one, not two, but all five sharks to invest in your idea? You will be walking on water, right? But it hardly ever happens because bagging a deal with all five sharks is like hitting the business jackpot. Your business will have access to expert advice, diverse resources, and massive exposure.

Therefore, in this blog, we'll talk about the top lucky businesses that said yes and got All Sharks’ deals, which made them super successful. So read till the end because it's truly a journey worth the popcorn.

Companies That Got Lucky.

Here are the top companies that received investments from all the sharks. Are you ready to be thrilled?

1. Eyewris 

Founders - Mark Singer and Kenzo Singer

Season - 14

Original Ask - $25,000 for 5% Equity

Deal - $125,000 for 20%

Sum Up - You definitely would've heard about the famous father-son duo that wowed all five investors with their company of foldable reading glasses doubling as bracelets. Despite Eyewris' profitability and Mark's significant investments, they only sought guidance, and after a heartfelt plea from Mark about his legacy, a bidding war erupted. Ultimately, the investors collectively offered $125000 for a 20% stake, a rare show of interest. Kenzo expressed pride in his dad's emotional display during negotiations. Now, the company's net worth is currently $1.6 million.

2. Classroom Jams 

Founders - Mark Furigay

Season - 1

Original Ask - $250,000 for 10%

Deal - $250,000 for 100%

Sum Up - Mark Furigay had big plans for his company on Shark Tank. He wanted to keep control of the songs and sell them to schools for teaching. Kevin O'Leary wasn't happy with just investing in the label; he wanted control of the songs, too, but Mark disagreed. Their educational music set included over 30 CDs and a teacher guide, priced at $500. The sharks wanted to buy the whole company and all the music rights for $250,000 plus a 5% royalty forever. After tough negotiations, Mark agreed to the sharks' offer. But sadly, despite the hype, Mark's company, Classroom Jams, didn't succeed, and it seems like it no longer exists. Still, it's a big moment in Shark Tank history because all five sharks agreed on a deal.

3. Buggy Beds

Founders - Maria and Veronica

Season - 4

Original Ask - $125,000 for 70%

Deal - $250,000 for 25%

Sum Up - Maria and Veronica entered Shark Tank Season 4 with a bang, highlighting the growing bed bug problem in the US. Their Buggy Beds, a simple early bed bug detection device, stole the spotlight. Despite being new, Buggy Beds had made $150,000 in sales, $100,000 of which was profit. They had big retailers interested, such as Home Depot and Walmart. The sharks were impressed but hesitated at the valuation. Maria revealed they turned down a $5 million offer for their patents. After intense talks, all five sharks offered $250,000 for 25%. Barbara initially hesitated but joined in. Maria and Veronica made a historic deal with all five sharks! Buggy Beds continues to thrive in major stores, estimated at a $4 million value. Buy Buggy Beds here: Amazon 

4. Breathometer

Founders - Charles Michael Yim

Season - 5

Original Ask - $250,000 for 10%

Deal - $1,000,000 for 30%

Sum Up - Charles Michael Yim brought the Breathometer to "Shark Tank." It was a device that could check your blood alcohol level through your breath using your smartphone. If you were too drunk, it would tell you when you'd be sober enough for a cab. Yim asked for $250,000 for 10% of his company. All five sharks were interested and made an unusual deal: $1 million for 30% of the company. Mark Cuban put in $500,000 for 15%, and the other sharks put in the rest. They hoped to make the Breathometer successful by combining their skills, but something else was needed. Mark Cuban blamed Yim's partying lifestyle for the failure, but Yim disagreed. The company faced issues with misleading investors, and it sadly shut down.

5. XCraft

Founders - JD Claridge and Charles Manning

Season - 7

Original Ask - $500,000 for 20%

Deal - $1500000 for 25%

Sum Up - One standout pitch was from xCraft, a drone company. They wanted $500,000 for 20% of their company, but the sharks pushed back. After some back-and-forth, somehow, all five sharks agreed to invest $1.5 million for 25% of xCraft.They settled on $6 million, asking $1.5 million collectively for 5% equity each. Mark Cuban accepted, sealing a deal with all five sharks. But, despite the big deal, xCraft didn't work with any of the sharks. It's a reminder that deals on the show sometimes go through. However, appearing on "Shark Tank" can still lead to big success. xCraft's value shot up to $17 million, and they expanded their drone business beyond recreational use, becoming a $35 million company. Buy Cup Board Pro here: Amazon

6. Cup Board Pro 

Founders - Kaley Young

Season - 10

Original Ask - $100,000 for 10%

Deal - $100,000 for 20%

Sum Up -Keith Young, a former NYC firefighter, created Cup Board Pro, a cutting board with a tray to collect food scraps. Inspired by his firefighting and cooking experience, he started developing it in 2010. Keith battled cancer from 9/11 debris and passed away in 2018. And now His kids, Kaley, Christian, and Keira, pitched Cup Board Pro on "Shark Tank," seeking $100,000 for 10%. The sharks, moved by their story, collectively invested $100,000 for 20%, donating profits to 9/11 charities. Cup Board Pro saw a surge in sales post-show and is now partnering with Williams Sonoma. They donated $10,000 to the FDNY Foundation in 2022, matched by Lori Greiner and Mark Higgins, and right now, its net worth is $15 million.

Analysis Of Their Pitch 

All these companies were too good at their ideas and believed that they could achieve something, which they did! Moreover, here is an analysis of the typical traits amongst these pitches so you can learn what helped them secure an all-sharks deal.

Overall, from season 1 to season 15, these companies shared traits like having excellent products, doing well financially, sharing touching stories, negotiating, caring about social causes, and growing even more after appearing on "Shark Tank."

This concludes our blog: Giving up is never an option because you never know—you might be the next to get an all-sharks deal!

Do you want to learn more about Shark Tank or even want to get a better understanding of how to create a sizzling pitch? You know where to find that! Only on our website, SharkTankSeason.com

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Invested in 243 companies on Shark Tank USA

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Invested in 115 companies on Shark Tank USA

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