Bot It
DealAI website and mobile app
Bot It, the ai website and mobile app, landed on the national radar after pitching the sharks in Season 15, and convinced Mark Cuban and Michael Rubin to invest.
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From the show
The Shark Tank pitch
- $150K
- Asked for
- 10%
- Offered equity
- $1.5M
- Sought valuation
- $300K
- Deal amount
- 30%
- Deal equity
- $1M
- Deal valuation
Maurice Bachelor and Joel Griffith faced the sharks in Season 15, Episode 3 in the episode that aired October 13, 2023, bringing their Cleveland, OH business with them. Bot It, the ai website and mobile app, pitched in the Tech & Software category, one of 73 tech & software businesses to brave the Tank across all 17 seasons.
They came in asking $150,000 in exchange for 10% equity, putting a $1.5M valuation on the business.
Mark Cuban and Michael Rubin teamed up at $300,000 for 30% equity. That priced the company at $1M, a haircut from the $1.5M the founders walked in asking for, which is how negotiations in the Tank usually go.
Across Season 15, 59 of 87 pitches ended in a handshake. In the Tech & Software category overall, roughly 56% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Bot It?
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 Bot It get a deal on Shark Tank?
Yes. Bot It closed a deal for $300,000 in exchange for 30% equity, with Mark Cuban and Michael Rubin.
Which shark invested in Bot It?
Mark Cuban and Michael Rubin invested in Bot It ($300,000 total as aired).
What season of Shark Tank was Bot It on?
Bot It appeared in Season 15, Episode 3, which aired October 13, 2023.
How much was Bot It asking for on Shark Tank?
The founders asked for $150,000 for 10% of the company, a $1.5M valuation.
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