
Beartek
No Dealgloves that are capable of remotely controlling smartphones
Beartek is a gloves that are capable of remotely controlling smartphones that got its big break on Shark Tank in Season 7, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $500K
- Asked for
- 5%
- Offered equity
- $10M
- Sought valuation
The team stepped onto the carpet in Season 7, Episode 16 in the episode that aired February 5, 2016. Beartek, the gloves that are capable of remotely controlling smartphones, pitched in the Media & Entertainment category, one of 29 media & entertainment businesses to brave the Tank across all 17 seasons.
The ask was $500,000 for 5% of the company, an implied valuation of $10M.
No deal. Every shark declined, and Beartek walked. But a Shark Tank appearance reaches millions of viewers whether or not a check gets written, and plenty of no-deal companies have turned that airtime into lasting businesses.
Season 7 saw 116 pitches, and 66 of them closed a deal on air. In the Media & Entertainment category overall, roughly 66% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Beartek?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Beartek get a deal on Shark Tank?
No. Beartek pitched the sharks but left Season 7 without a deal.
What season of Shark Tank was Beartek on?
Beartek appeared in Season 7, Episode 16, which aired February 5, 2016.
How much was Beartek asking for on Shark Tank?
The founders asked for $500,000 for 5% of the company, a $10M valuation.
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