Do Amore
DealSustainable, ethically-sourced engagement rings that provide clean water
Best known from its Shark Tank appearance, Do Amore is a sustainable, ethically-sourced engagement rings that provide clean water in Season 13, and convinced Daniel Lubetzky to invest.
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From the show
The Shark Tank pitch
- $600K
- Asked for
- 6%
- Offered equity
- $10M
- Sought valuation
- $600K
- Deal amount
- 15%
- Deal equity
- $4M
- Deal valuation
Krish Himmatramka walked into the Tank in Season 13, Episode 16 in the episode that aired March 18, 2022. Do Amore, the sustainable, ethically-sourced engagement rings that provide clean water, pitched in the Business Services category, one of 42 business services businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $600,000 for a 6% stake, which valued the company at $10M.
Daniel Lubetzky made the deal at $600,000 for 15% equity. That priced the company at $4M, a haircut from the $10M the founders walked in asking for, which is how negotiations in the Tank usually go.
Do Amore was one of 96 businesses to pitch in Season 13, where 64 deals got done. 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 Do Amore?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Do Amore get a deal on Shark Tank?
Yes. Do Amore closed a deal for $600,000 in exchange for 15% equity, with Daniel Lubetzky.
Which shark invested in Do Amore?
Daniel Lubetzky invested in Do Amore ($600,000 total as aired).
What season of Shark Tank was Do Amore on?
Do Amore appeared in Season 13, Episode 16, which aired March 18, 2022.
How much was Do Amore asking for on Shark Tank?
The founders asked for $600,000 for 6% of the company, a $10M valuation.
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