Larq

Deal

Self-cleaning and purifying water bottle

Best known from its Shark Tank appearance, Larq is a self-cleaning and purifying water bottle in Season 12, and convinced Lori Greiner and Kevin O'Leary to invest.

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From the show

The Shark Tank pitch

$500K
Asked for
1%
Offered equity
$50M
Sought valuation
$1M
Deal amount
4%
Deal equity
$25M
Deal valuation

Justin Wang walked into the Tank in Season 12, Episode 21 in the episode that aired April 16, 2021. Larq, the self-cleaning and purifying water bottle, pitched in the Health & Wellness category, one of 70 health & wellness businesses to brave the Tank across all 17 seasons.

On the carpet, the number was $500,000 for a 1% stake, which valued the company at $50M.

Lori Greiner and Kevin O'Leary teamed up at $1,000,000 for 4% equity. That priced the company at $25M, a haircut from the $50M the founders walked in asking for, which is how negotiations in the Tank usually go.

Larq was one of 100 businesses to pitch in Season 12, where 71 deals got done. In the Health & Wellness category overall, roughly 59% of pitches have landed a shark across the show's history.

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Frequently asked questions

Where can I buy Larq?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.

Did Larq get a deal on Shark Tank?

Yes. Larq closed a deal for $1,000,000 in exchange for 4% equity, with Lori Greiner and Kevin O'Leary.

Which shark invested in Larq?

Lori Greiner and Kevin O'Leary invested in Larq ($1,000,000 total as aired).

What season of Shark Tank was Larq on?

Larq appeared in Season 12, Episode 21, which aired April 16, 2021.

How much was Larq asking for on Shark Tank?

The founders asked for $500,000 for 1% of the company, a $50M valuation.

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