Enso
Dealflexible silicone wedding bands
Enso is a flexible silicone wedding bands that got its big break on Shark Tank in Season 9, and convinced Robert Herjavec to invest.
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From the show
The Shark Tank pitch
- $500K
- Asked for
- 7.5%
- Offered equity
- $6.7M
- Sought valuation
- $500K
- Deal amount
- 15%
- Deal equity
- $3.3M
- Deal valuation
The team stepped onto the carpet in Season 9, Episode 3 in the episode that aired October 8, 2017. Enso, the flexible silicone wedding bands, pitched in the Fashion & Beauty category, one of 239 fashion & beauty businesses to brave the Tank across all 17 seasons.
The ask was $500,000 for 7.5% of the company, an implied valuation of $6.7M.
Robert Herjavec made the deal at $500,000 for 15% equity. That priced the company at $3.3M, a haircut from the $6.7M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 9 saw 96 pitches, and 65 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 Enso?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Enso get a deal on Shark Tank?
Yes. Enso closed a deal for $500,000 in exchange for 15% equity, with Robert Herjavec.
Which shark invested in Enso?
Robert Herjavec invested in Enso ($500,000 total as aired).
What season of Shark Tank was Enso on?
Enso appeared in Season 9, Episode 3, which aired October 8, 2017.
How much was Enso asking for on Shark Tank?
The founders asked for $500,000 for 7.5% of the company, a $6.7M valuation.
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