Bug Bite Thing
DealBug Bite Thing got its big break on Shark Tank in Season 11, and convinced Lori Greiner to invest.
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From the show
The Shark Tank pitch
- $150K
- Asked for
- 10%
- Offered equity
- $1.5M
- Sought valuation
- $150K
- Deal amount
- 10%
- Deal equity
- $1.5M
- Deal valuation
The team stepped onto the carpet in Season 11, Episode 4 in the episode that aired October 20, 2019. Bug Bite Thing pitched in the Health & Wellness category, one of 70 health & wellness businesses to brave the Tank across all 17 seasons.
The ask was $150,000 for 10% of the company, an implied valuation of $1.5M.
Lori Greiner made the deal at $150,000 for 10% equity. The deal valued the company at $1.5M.
Season 11 saw 96 pitches, and 63 of them closed a deal on air. In the Health & Wellness category overall, roughly 59% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Bug Bite Thing?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Bug Bite Thing get a deal on Shark Tank?
Yes. Bug Bite Thing closed a deal for $150,000 in exchange for 10% equity, with Lori Greiner.
Which shark invested in Bug Bite Thing?
Lori Greiner invested in Bug Bite Thing ($150,000 total as aired).
What season of Shark Tank was Bug Bite Thing on?
Bug Bite Thing appeared in Season 11, Episode 4, which aired October 20, 2019.
How much was Bug Bite Thing asking for on Shark Tank?
The founders asked for $150,000 for 10% of the company, a $1.5M valuation.
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