Incredible Eats
DealIncrEdible Spoons Edible straws and utensils
Incredible Eats is a incredible spoons edible straws and utensils that got its big break on Shark Tank in Season 13, and convinced Lori Greiner to invest.
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From the show
The Shark Tank pitch
- $500K
- Asked for
- 7%
- Offered equity
- $7.1M
- Sought valuation
- $500K
- Deal amount
- 15%
- Deal equity
- $3.3M
- Deal valuation
Founder Dinesh Tadepalli stepped onto the carpet in Season 13, Episode 3 in the episode that aired October 22, 2021. Incredible Eats, the incredible spoons edible straws and utensils, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.
The ask was $500,000 for 7% of the company, an implied valuation of $7.1M.
Lori Greiner made the deal at $500,000 for 15% equity. That priced the company at $3.3M, a haircut from the $7.1M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 13 saw 96 pitches, and 64 of them closed a deal on air. In the Food & Drink category overall, roughly 61% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Incredible Eats?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Incredible Eats get a deal on Shark Tank?
Yes. Incredible Eats closed a deal for $500,000 in exchange for 15% equity, with Lori Greiner.
Which shark invested in Incredible Eats?
Lori Greiner invested in Incredible Eats ($500,000 total as aired).
What season of Shark Tank was Incredible Eats on?
Incredible Eats appeared in Season 13, Episode 3, which aired October 22, 2021.
How much was Incredible Eats asking for on Shark Tank?
The founders asked for $500,000 for 7% of the company, a $7.1M valuation.
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