Lion Latch

Name: Lion Latch
Availability: InStock

No Deal

Portable jewelry box

Season 13 · Ep 1 Home & LifestyleAired October 8, 2021

Lion Latch, the portable jewelry box, landed on the national radar after pitching the sharks in Season 13, where it won fans even without landing a deal.

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From the show

The Shark Tank pitch

$150K
Asked for: 15%
Offered equity: $1M
Sought valuation

Lerin Lockwood faced the sharks in Season 13, Episode 1 in the episode that aired October 8, 2021. Lion Latch, the portable jewelry box, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.

They came in asking $150,000 in exchange for 15% equity, putting a $1M valuation on the business.

Lion Latch 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 13, 64 of 96 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 Lion Latch?

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 Lion Latch get a deal on Shark Tank?

No. Lion Latch pitched the sharks but left Season 13 without a deal.

What season of Shark Tank was Lion Latch on?

Lion Latch appeared in Season 13, Episode 1, which aired October 8, 2021.

How much was Lion Latch asking for on Shark Tank?

The founders asked for $150,000 for 15% of the company, a $1M valuation.

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