Meatthe Mushroom
DealBacon alternative
Meatthe Mushroom is a bacon alternative that got its big break on Shark Tank in Season 15, and convinced Lori Greiner and Kevin O'Leary to invest.
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From the show
The Shark Tank pitch
- $150K
- Asked for
- 7.5%
- Offered equity
- $2M
- Sought valuation
- $150K
- Deal amount
- 33.3%
- Deal equity
- $450K
- Deal valuation
Founder Marvin and Aleah Montague stepped onto the carpet in Season 15, Episode 12 in the episode that aired January 26, 2024, bringing their Baltimore, MD business with them. Meatthe Mushroom, the bacon alternative, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.
The ask was $150,000 for 7.5% of the company, an implied valuation of $2M.
Lori Greiner and Kevin O'Leary teamed up at $150,000 for 33.3% equity. That priced the company at $450K, a haircut from the $2M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 15 saw 87 pitches, and 59 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 Meatthe Mushroom?
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 Meatthe Mushroom get a deal on Shark Tank?
Yes. Meatthe Mushroom closed a deal for $150,000 in exchange for 33.3% equity, with Lori Greiner and Kevin O'Leary.
Which shark invested in Meatthe Mushroom?
Lori Greiner and Kevin O'Leary invested in Meatthe Mushroom ($150,000 total as aired).
What season of Shark Tank was Meatthe Mushroom on?
Meatthe Mushroom appeared in Season 15, Episode 12, which aired January 26, 2024.
How much was Meatthe Mushroom asking for on Shark Tank?
The founders asked for $150,000 for 7.5% of the company, a $2M valuation.
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