Captain Ice Cream

Captain Ice Cream

No Deal

Specialty Food

Season 1 · Ep 13Food & DrinkAired January 29, 2010

Best known from its Shark Tank appearance, Captain Ice Cream is a specialty food in Season 1, where it won fans even without landing a deal.

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From the show

The Shark Tank pitch

$48K
Asked for
25%
Offered equity
$192K
Sought valuation
No deal

Tim Gavern walked into the Tank in Season 1, Episode 13 in the episode that aired January 29, 2010, bringing their Monrovia, CA business with them. Captain Ice Cream, the specialty food, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.

On the carpet, the number was $48,000 for a 25% stake, which valued the company at $192K.

The sharks passed, and Captain Ice Cream left without a deal. That's not always the end of the story. Some of Shark Tank's most successful companies were rejected on air and grew anyway, using the exposure (the "Shark Tank effect") to drive sales the sharks missed out on.

Captain Ice Cream was one of 64 businesses to pitch in Season 1, where 27 deals got done. In the Food & Drink category overall, roughly 61% of pitches have landed a shark across the show's history.

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Frequently asked questions

Where can I buy Captain Ice Cream?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.

Did Captain Ice Cream get a deal on Shark Tank?

No. Captain Ice Cream pitched the sharks but left Season 1 without a deal.

What season of Shark Tank was Captain Ice Cream on?

Captain Ice Cream appeared in Season 1, Episode 13, which aired January 29, 2010.

How much was Captain Ice Cream asking for on Shark Tank?

The founders asked for $48,000 for 25% of the company, a $192K valuation.

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