Hopscotch
DealCoding app that allows kids to create games
Hopscotch is a coding app that allows kids to create games that got its big break on Shark Tank in Season 12, and convinced Mark Cuban to invest.
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From the show
The Shark Tank pitch
- $400K
- Asked for
- 4%
- Offered equity
- $10M
- Sought valuation
- $550K
- Deal amount
- 11%
- Deal equity
- $5M
- Deal valuation
Founder Samantha John stepped onto the carpet in Season 12, Episode 15 in the episode that aired February 26, 2021. Hopscotch, the coding app that allows kids to create games, pitched in the Tech & Software category, one of 73 tech & software businesses to brave the Tank across all 17 seasons.
The ask was $400,000 for 4% of the company, an implied valuation of $10M.
Mark Cuban made the deal at $550,000 for 11% equity. That priced the company at $5M, a haircut from the $10M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 12 saw 100 pitches, and 71 of them closed a deal on air. In the Tech & Software category overall, roughly 56% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Hopscotch?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Hopscotch get a deal on Shark Tank?
Yes. Hopscotch closed a deal for $550,000 in exchange for 11% equity, with Mark Cuban.
Which shark invested in Hopscotch?
Mark Cuban invested in Hopscotch ($550,000 total as aired).
What season of Shark Tank was Hopscotch on?
Hopscotch appeared in Season 12, Episode 15, which aired February 26, 2021.
How much was Hopscotch asking for on Shark Tank?
The founders asked for $400,000 for 4% of the company, a $10M valuation.
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