Misto Box
DealCoffee Club - Specialty Food
Best known from its Shark Tank appearance, Misto Box is a coffee club - specialty food in Season 4, and convinced Mark Cuban to invest.
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From the show
The Shark Tank pitch
- $75K
- Asked for
- 15%
- Offered equity
- $500K
- Sought valuation
- $75K
- Deal amount
- 30%
- Deal equity
- $250K
- Deal valuation
Samantha Meis and Conor Riley walked into the Tank in Season 4, Episode 23 in the episode that aired May 3, 2013, bringing their Phoenix, AZ business with them. Misto Box, the coffee club - specialty food, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $75,000 for a 15% stake, which valued the company at $500K.
Mark Cuban made the deal at $75,000 for 30% equity. That priced the company at $250K, a haircut from the $500K the founders walked in asking for, which is how negotiations in the Tank usually go.
Misto Box was one of 103 businesses to pitch in Season 4, where 52 deals got done. 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 Misto Box?
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 Misto Box get a deal on Shark Tank?
Yes. Misto Box closed a deal for $75,000 in exchange for 30% equity, with Mark Cuban.
Which shark invested in Misto Box?
Mark Cuban invested in Misto Box ($75,000 total as aired).
What season of Shark Tank was Misto Box on?
Misto Box appeared in Season 4, Episode 23, which aired May 3, 2013.
How much was Misto Box asking for on Shark Tank?
The founders asked for $75,000 for 15% of the company, a $500K valuation.
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