KENT
DealEnvironmentally friendly dissolvable clothes
KENT, the environmentally friendly dissolvable clothes, landed on the national radar after pitching the sharks in Season 14, and convinced Daymond John to invest.
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Shark Tank products move fast. Names change, packaging changes, and some sell out or get discontinued. The Amazon button checks live price and availability for KENT.
From the show
The Shark Tank pitch
- $200K
- Asked for
- 5%
- Offered equity
- $4M
- Sought valuation
- $200K
- Deal amount
- 15%
- Deal equity
- $1.3M
- Deal valuation
Stacy Grace and Jeff Grace faced the sharks in Season 14, Episode 1 in the episode that aired September 23, 2022. KENT, the environmentally friendly dissolvable clothes, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.
They came in asking $200,000 in exchange for 5% equity, putting a $4M valuation on the business.
Daymond John made the deal at $200,000 for 15% equity. That priced the company at $1.3M, a haircut from the $4M the founders walked in asking for, which is how negotiations in the Tank usually go.
Across Season 14, 62 of 87 pitches ended in a handshake. 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 KENT?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did KENT get a deal on Shark Tank?
Yes. KENT closed a deal for $200,000 in exchange for 15% equity, with Daymond John.
Which shark invested in KENT?
Daymond John invested in KENT ($200,000 total as aired).
What season of Shark Tank was KENT on?
KENT appeared in Season 14, Episode 1, which aired September 23, 2022.
How much was KENT asking for on Shark Tank?
The founders asked for $200,000 for 5% of the company, a $4M valuation.
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