Nomiku

Nomiku

Deal

home version of a sous-vide cooker

Season 8 · Ep 10Food & DrinkAired December 2, 2016

Nomiku is a home version of a sous-vide cooker that got its big break on Shark Tank in Season 8, and convinced Chris Sacca to invest.

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From the show

The Shark Tank pitch

$250K
Asked for
5%
Offered equity
$5M
Sought valuation
$250K
Deal amount
10%
Deal equity
$2.5M
Deal valuation

The team stepped onto the carpet in Season 8, Episode 10 in the episode that aired December 2, 2016. Nomiku, the home version of a sous-vide cooker, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.

The ask was $250,000 for 5% of the company, an implied valuation of $5M.

Chris Sacca made the deal at $250,000 for 10% equity. That priced the company at $2.5M, a haircut from the $5M the founders walked in asking for, which is how negotiations in the Tank usually go.

Season 8 saw 96 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.

Chris Sacca$250K

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Frequently asked questions

Where can I buy Nomiku?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.

Did Nomiku get a deal on Shark Tank?

Yes. Nomiku closed a deal for $250,000 in exchange for 10% equity, with Chris Sacca.

Which shark invested in Nomiku?

Chris Sacca invested in Nomiku ($250,000 total as aired).

What season of Shark Tank was Nomiku on?

Nomiku appeared in Season 8, Episode 10, which aired December 2, 2016.

How much was Nomiku asking for on Shark Tank?

The founders asked for $250,000 for 5% of the company, a $5M valuation.

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