Coat Chex
No DealConsumer Services
Coat Chex, the consumer services, landed on the national radar after pitching the sharks in Season 4, where it won fans even without landing a deal.
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Shark Tank products move fast. Names change, packaging changes, and some sell out or get discontinued. The Amazon button checks live price and availability for Coat Chex.
From the show
The Shark Tank pitch
- $200K
- Asked for
- 10%
- Offered equity
- $2M
- Sought valuation
Derek Pacque faced the sharks in Season 4, Episode 1 in the episode that aired September 14, 2012, bringing their New York, NY business with them. Coat Chex, the consumer services, pitched in the Business Services category, one of 42 business services businesses to brave the Tank across all 17 seasons.
They came in asking $200,000 in exchange for 10% equity, putting a $2M valuation on the business.
Coat Chex couldn't land an offer the founders would take, and the pitch ended without a deal. History says that's survivable: several of the show's biggest success stories left the Tank empty-handed.
Across Season 4, 52 of 103 pitches ended in a handshake. In the Business Services category overall, roughly 52% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Coat Chex?
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 Coat Chex get a deal on Shark Tank?
No. Coat Chex pitched the sharks but left Season 4 without a deal.
What season of Shark Tank was Coat Chex on?
Coat Chex appeared in Season 4, Episode 1, which aired September 14, 2012.
How much was Coat Chex asking for on Shark Tank?
The founders asked for $200,000 for 10% of the company, a $2M valuation.
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