Create A Castle
DealCastle Building Kit for Kids
Best known from its Shark Tank appearance, Create A Castle is a castle building kit for kids in Season 14, and convinced Kendra Scott to invest.
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From the show
The Shark Tank pitch
- $350K
- Asked for
- 10%
- Offered equity
- $3.5M
- Sought valuation
- $350K
- Deal amount
- 20%
- Deal equity
- $1.8M
- Deal valuation
Kevin Lane and Laurie Lane walked into the Tank in Season 14, Episode 3 in the episode that aired October 7, 2022. Create A Castle, the castle building kit for kids, pitched in the Kids & Education category, one of 134 kids & education businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $350,000 for a 10% stake, which valued the company at $3.5M.
Kendra Scott made the deal at $350,000 for 20% equity. That priced the company at $1.8M, a haircut from the $3.5M the founders walked in asking for, which is how negotiations in the Tank usually go.
Create A Castle was one of 87 businesses to pitch in Season 14, where 62 deals got done. In the Kids & Education category overall, roughly 66% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Create A Castle?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Create A Castle get a deal on Shark Tank?
Yes. Create A Castle closed a deal for $350,000 in exchange for 20% equity, with Kendra Scott.
Which shark invested in Create A Castle?
Kendra Scott invested in Create A Castle ($350,000 total as aired).
What season of Shark Tank was Create A Castle on?
Create A Castle appeared in Season 14, Episode 3, which aired October 7, 2022.
How much was Create A Castle asking for on Shark Tank?
The founders asked for $350,000 for 10% of the company, a $3.5M valuation.
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