My Therapy Journal

My Therapy Journal

Deal

Online Services

My Therapy Journal is a online services that got its big break on Shark Tank in Season 1, and convinced Robert Herjavec and Kevin O'Leary to invest.

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From the show

The Shark Tank pitch

$80K
Asked for
20%
Offered equity
$400K
Sought valuation
$80K
Deal amount
51%
Deal equity
$157K
Deal valuation

Founder Rodolfo and Alexis Saccoman stepped onto the carpet in Season 1, Episode 5 in the episode that aired September 6, 2009, bringing their Miami, FL business with them. My Therapy Journal, the online services, pitched in the Health & Wellness category, one of 70 health & wellness businesses to brave the Tank across all 17 seasons.

The ask was $80,000 for 20% of the company, an implied valuation of $400K.

Robert Herjavec and Kevin O'Leary teamed up at $80,000 for 51% equity. That priced the company at $157K, a haircut from the $400K the founders walked in asking for, which is how negotiations in the Tank usually go.

Season 1 saw 64 pitches, and 27 of them closed a deal on air. 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 My Therapy Journal?

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 My Therapy Journal get a deal on Shark Tank?

Yes. My Therapy Journal closed a deal for $80,000 in exchange for 51% equity, with Robert Herjavec and Kevin O'Leary.

Which shark invested in My Therapy Journal?

Robert Herjavec and Kevin O'Leary invested in My Therapy Journal ($80,000 total as aired).

What season of Shark Tank was My Therapy Journal on?

My Therapy Journal appeared in Season 1, Episode 5, which aired September 6, 2009.

How much was My Therapy Journal asking for on Shark Tank?

The founders asked for $80,000 for 20% of the company, a $400K valuation.

Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.

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