Bermie's
No Dealmen's swimwear
Bermie's is a men's swimwear that got its big break on Shark Tank in Season 9, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $200K
- Asked for
- 20%
- Offered equity
- $1M
- Sought valuation
The team stepped onto the carpet in Season 9, Episode 24 in the episode that aired February 25, 2018. Bermie's, the men's swimwear, pitched in the Sports & Outdoors category, one of 154 sports & outdoors businesses to brave the Tank across all 17 seasons.
The ask was $200,000 for 20% of the company, an implied valuation of $1M.
No deal. Every shark declined, and Bermie's 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 9 saw 96 pitches, and 65 of them closed a deal on air. In the Sports & Outdoors category overall, roughly 64% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Bermie's?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Bermie's get a deal on Shark Tank?
No. Bermie's pitched the sharks but left Season 9 without a deal.
What season of Shark Tank was Bermie's on?
Bermie's appeared in Season 9, Episode 24, which aired February 25, 2018.
How much was Bermie's asking for on Shark Tank?
The founders asked for $200,000 for 20% of the company, a $1M valuation.
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