Grease Bags

Name: Grease Bags
Availability: InStock

Deal

disposable, compostable bags

Season 8 · Ep 13 Home & LifestyleAired January 13, 2017

Grease Bags, the disposable, compostable bags, landed on the national radar after pitching the sharks in Season 8, and convinced Barbara Corcoran to invest.

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From the show

The Shark Tank pitch

$75K
Asked for: 25%
Offered equity: $300K
Sought valuation: $75K
Deal amount: 50%
Deal equity: $150K
Deal valuation

The entrepreneurs faced the sharks in Season 8, Episode 13 in the episode that aired January 13, 2017. Grease Bags, the disposable, compostable bags, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.

They came in asking $75,000 in exchange for 25% equity, putting a $300K valuation on the business.

Barbara Corcoran made the deal at $75,000 for 50% equity. That priced the company at $150K, a haircut from the $300K the founders walked in asking for, which is how negotiations in the Tank usually go.

Across Season 8, 59 of 96 pitches ended in a handshake. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.

Barbara Corcoran$75K

Is Grease Bags still in business?

Read our 2026 update on where the company is now.

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Frequently asked questions

Where can I buy Grease Bags?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.

Did Grease Bags get a deal on Shark Tank?

Yes. Grease Bags closed a deal for $75,000 in exchange for 50% equity, with Barbara Corcoran.

Which shark invested in Grease Bags?

Barbara Corcoran invested in Grease Bags ($75,000 total as aired).

What season of Shark Tank was Grease Bags on?

Grease Bags appeared in Season 8, Episode 13, which aired January 13, 2017.

How much was Grease Bags asking for on Shark Tank?

The founders asked for $75,000 for 25% of the company, a $300K valuation.

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