GeoOrbital
No Dealconverts regular bikes into electric bikes
GeoOrbital, the converts regular bikes into electric bikes, landed on the national radar after pitching the sharks in Season 9, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $500K
- Asked for
- 5%
- Offered equity
- $10M
- Sought valuation
The entrepreneurs faced the sharks in Season 9, Episode 7 in the episode that aired October 29, 2017. GeoOrbital, the converts regular bikes into electric bikes, pitched in the Sports & Outdoors category, one of 154 sports & outdoors businesses to brave the Tank across all 17 seasons.
They came in asking $500,000 in exchange for 5% equity, putting a $10M valuation on the business.
GeoOrbital 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 9, 65 of 96 pitches ended in a handshake. In the Sports & Outdoors category overall, roughly 64% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy GeoOrbital?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did GeoOrbital get a deal on Shark Tank?
No. GeoOrbital pitched the sharks but left Season 9 without a deal.
What season of Shark Tank was GeoOrbital on?
GeoOrbital appeared in Season 9, Episode 7, which aired October 29, 2017.
How much was GeoOrbital asking for on Shark Tank?
The founders asked for $500,000 for 5% of the company, a $10M valuation.
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