Aqua Vault

Name: Aqua Vault
Availability: InStock

Deal

Storage and Cleaning Products

Season 6 · Ep 22 Home & LifestyleAired March 13, 2015

Aqua Vault is a storage and cleaning products that got its big break on Shark Tank in Season 6, and convinced Daymond John to invest.

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From the show

The Shark Tank pitch

$75K
Asked for: 12%
Offered equity: $625K
Sought valuation: $75K
Deal amount: 25%
Deal equity: $300K
Deal valuation

Founders Jonathan Kinas, Rob Peck and Avin Samtani stepped onto the carpet in Season 6, Episode 22 in the episode that aired March 13, 2015, bringing their Aventura, FL business with them. Aqua Vault, the storage and cleaning products, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.

The ask was $75,000 for 12% of the company, an implied valuation of $625K.

Daymond John made the deal at $75,000 for 25% equity. That priced the company at $300K, a haircut from the $625K the founders walked in asking for, which is how negotiations in the Tank usually go.

Season 6 saw 116 pitches, and 66 of them closed a deal on air. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.

Daymond John$75K

Is Aqua Vault still in business?

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Frequently asked questions

Where can I buy Aqua Vault?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.

Did Aqua Vault get a deal on Shark Tank?

Yes. Aqua Vault closed a deal for $75,000 in exchange for 25% equity, with Daymond John.

Which shark invested in Aqua Vault?

Daymond John invested in Aqua Vault ($75,000 total as aired).

What season of Shark Tank was Aqua Vault on?

Aqua Vault appeared in Season 6, Episode 22, which aired March 13, 2015.

How much was Aqua Vault asking for on Shark Tank?

The founders asked for $75,000 for 12% of the company, a $625K valuation.

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