Pricklee
DealCactus water beverage
Best known from its Shark Tank appearance, Pricklee is a cactus water beverage in Season 13, and convinced Barbara Corcoran to invest.
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From the show
The Shark Tank pitch
- $200K
- Asked for
- 5%
- Offered equity
- $4M
- Sought valuation
- $200K
- Deal amount
- 20%
- Deal equity
- $1M
- Deal valuation
Kun Yank and Mo Hassoun walked into the Tank in Season 13, Episode 22 in the episode that aired May 6, 2022. Pricklee, the cactus water beverage, 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 $200,000 for a 5% stake, which valued the company at $4M.
Barbara Corcoran made the deal at $200,000 for 20% equity. That priced the company at $1M, a haircut from the $4M the founders walked in asking for, which is how negotiations in the Tank usually go.
Pricklee was one of 96 businesses to pitch in Season 13, where 64 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 Pricklee?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Pricklee get a deal on Shark Tank?
Yes. Pricklee closed a deal for $200,000 in exchange for 20% equity, with Barbara Corcoran.
Which shark invested in Pricklee?
Barbara Corcoran invested in Pricklee ($200,000 total as aired).
What season of Shark Tank was Pricklee on?
Pricklee appeared in Season 13, Episode 22, which aired May 6, 2022.
How much was Pricklee asking for on Shark Tank?
The founders asked for $200,000 for 5% of the company, a $4M valuation.
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