CateApp

CateApp

Deal

Mobile Apps

Season 4 · Ep 2Tech & SoftwareAired September 21, 2012

CateApp, the mobile apps, landed on the national radar after pitching the sharks in Season 4, and convinced Daymond John and Kevin O'Leary to invest.

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From the show

The Shark Tank pitch

$50K
Asked for
5%
Offered equity
$1M
Sought valuation
$75K
Deal amount
30%
Deal equity
$250K
Deal valuation

Neal Desai faced the sharks in Season 4, Episode 2 in the episode that aired September 21, 2012, bringing their San Francisco, CA business with them. CateApp, the mobile apps, pitched in the Tech & Software category, one of 73 tech & software businesses to brave the Tank across all 17 seasons.

They came in asking $50,000 in exchange for 5% equity, putting a $1M valuation on the business.

Daymond John and Kevin O'Leary teamed up at $75,000 for 30% equity. That priced the company at $250K, a haircut from the $1M the founders walked in asking for, which is how negotiations in the Tank usually go.

Across Season 4, 52 of 103 pitches ended in a handshake. In the Tech & Software category overall, roughly 56% of pitches have landed a shark across the show's history.

Is CateApp still in business?

Read our 2026 update on where the company is now.

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Frequently asked questions

Where can I buy CateApp?

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

Did CateApp get a deal on Shark Tank?

Yes. CateApp closed a deal for $75,000 in exchange for 30% equity, with Daymond John and Kevin O'Leary.

Which shark invested in CateApp?

Daymond John and Kevin O'Leary invested in CateApp ($75,000 total as aired).

What season of Shark Tank was CateApp on?

CateApp appeared in Season 4, Episode 2, which aired September 21, 2012.

How much was CateApp asking for on Shark Tank?

The founders asked for $50,000 for 5% of the company, a $1M valuation.

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