Life Raft Treats
No DealDessert business, frozen treats inspired by artwork
Life Raft Treats, the dessert business, frozen treats inspired by artwork, landed on the national radar after pitching the sharks in Season 16, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $250K
- Asked for
- 5%
- Offered equity
- $5M
- Sought valuation
Cynthia Wong and John faced the sharks in Season 16, Episode 2 in the episode that aired October 25, 2024, bringing their Charleston, SC business with them. Life Raft Treats, the dessert business, frozen treats inspired by artwork, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.
They came in asking $250,000 in exchange for 5% equity, putting a $5M valuation on the business.
Life Raft Treats couldn't land an offer the founders would take, and the pitch ended without a deal. History says that's survivable: several of the show's biggest success stories left the Tank empty-handed.
Across Season 16, 45 of 64 pitches ended in a handshake. 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 Life Raft Treats?
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 Life Raft Treats get a deal on Shark Tank?
No. Life Raft Treats pitched the sharks but left Season 16 without a deal.
What season of Shark Tank was Life Raft Treats on?
Life Raft Treats appeared in Season 16, Episode 2, which aired October 25, 2024.
How much was Life Raft Treats asking for on Shark Tank?
The founders asked for $250,000 for 5% of the company, a $5M valuation.
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