Creaproducts
Dealhair cutting guide and associated beauty products
Creaproducts is a hair cutting guide and associated beauty products that got its big break on Shark Tank in Season 7, and convinced Barbara Corcoran to invest.
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From the show
The Shark Tank pitch
- $200K
- Asked for
- 10%
- Offered equity
- $2M
- Sought valuation
- $200K
- Deal amount
- 22.5%
- Deal equity
- $889K
- Deal valuation
The team stepped onto the carpet in Season 7, Episode 27 in the episode that aired May 6, 2016. Creaproducts, the hair cutting guide and associated beauty products, pitched in the Fashion & Beauty category, one of 239 fashion & beauty businesses to brave the Tank across all 17 seasons.
The ask was $200,000 for 10% of the company, an implied valuation of $2M.
Barbara Corcoran made the deal at $200,000 for 22.5% equity. That priced the company at $889K, a haircut from the $2M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 7 saw 116 pitches, and 66 of them closed a deal on air. In the Fashion & Beauty category overall, roughly 58% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Creaproducts?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Creaproducts get a deal on Shark Tank?
Yes. Creaproducts closed a deal for $200,000 in exchange for 22.5% equity, with Barbara Corcoran.
Which shark invested in Creaproducts?
Barbara Corcoran invested in Creaproducts ($200,000 total as aired).
What season of Shark Tank was Creaproducts on?
Creaproducts appeared in Season 7, Episode 27, which aired May 6, 2016.
How much was Creaproducts asking for on Shark Tank?
The founders asked for $200,000 for 10% of the company, a $2M valuation.
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