Hibear

Name: Hibear
Availability: InStock

No Deal

Insulated Flask

Season 15 · Ep 19 Home & LifestyleAired April 5, 2024

Best known from its Shark Tank appearance, Hibear is a insulated flask in Season 15, where it won fans even without landing a deal.

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From the show

The Shark Tank pitch

$150K
Asked for: 5%
Offered equity: $3M
Sought valuation

Mark Tsigounis walked into the Tank in Season 15, Episode 19 in the episode that aired April 5, 2024, bringing their Reno, NV business with them. Hibear, the insulated flask, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.

On the carpet, the number was $150,000 for a 5% stake, which valued the company at $3M.

The sharks passed, and Hibear left without a deal. That's not always the end of the story. Some of Shark Tank's most successful companies were rejected on air and grew anyway, using the exposure (the "Shark Tank effect") to drive sales the sharks missed out on.

Hibear was one of 87 businesses to pitch in Season 15, where 59 deals got done. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.

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Frequently asked questions

Where can I buy Hibear?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.

Did Hibear get a deal on Shark Tank?

No. Hibear pitched the sharks but left Season 15 without a deal.

What season of Shark Tank was Hibear on?

Hibear appeared in Season 15, Episode 19, which aired April 5, 2024.

How much was Hibear asking for on Shark Tank?

The founders asked for $150,000 for 5% of the company, a $3M valuation.

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