Grypmat
Dealtray that will keep your tools in place
Best known from its Shark Tank appearance, Grypmat is a tray that will keep your tools in place in Season 9, and convinced Mark Cuban and Lori Greiner and Richard Branson to invest.
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From the show
The Shark Tank pitch
- $200K
- Asked for
- 10%
- Offered equity
- $2M
- Sought valuation
- $360K
- Deal amount
- 30%
- Deal equity
- $1.2M
- Deal valuation
The founders walked into the Tank in Season 9, Episode 10 in the episode that aired November 12, 2017. Grypmat, the tray that will keep your tools in place, pitched in the Automotive category, one of 17 automotive businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $200,000 for a 10% stake, which valued the company at $2M.
Mark Cuban, Lori Greiner and Richard Branson teamed up at $360,000 for 30% equity. That priced the company at $1.2M, a haircut from the $2M the founders walked in asking for, which is how negotiations in the Tank usually go.
Grypmat was one of 96 businesses to pitch in Season 9, where 65 deals got done. In the Automotive category overall, roughly 76% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Grypmat?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Grypmat get a deal on Shark Tank?
Yes. Grypmat closed a deal for $360,000 in exchange for 30% equity, with Mark Cuban and Lori Greiner and Richard Branson.
Which shark invested in Grypmat?
Mark Cuban and Lori Greiner and Richard Branson invested in Grypmat ($360,000 total as aired).
What season of Shark Tank was Grypmat on?
Grypmat appeared in Season 9, Episode 10, which aired November 12, 2017.
How much was Grypmat asking for on Shark Tank?
The founders asked for $200,000 for 10% of the company, a $2M valuation.
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