PSI Bands
No DealHomeopathic Remedies
PSI Bands, the homeopathic remedies, landed on the national radar after pitching the sharks in Season 4, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $250K
- Asked for
- 10%
- Offered equity
- $2.5M
- Sought valuation
Romy Taormina faced the sharks in Season 4, Episode 18 in the episode that aired March 1, 2013, bringing their Pacific Grove, CA business with them. PSI Bands, the homeopathic remedies, pitched in the Health & Wellness category, one of 70 health & wellness businesses to brave the Tank across all 17 seasons.
They came in asking $250,000 in exchange for 10% equity, putting a $2.5M valuation on the business.
PSI Bands couldn't land an offer the founders would take, and the pitch ended without a deal. History says that's survivable: several of the show's biggest success stories left the Tank empty-handed.
Across Season 4, 52 of 103 pitches ended in a handshake. 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 PSI Bands?
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 PSI Bands get a deal on Shark Tank?
No. PSI Bands pitched the sharks but left Season 4 without a deal.
What season of Shark Tank was PSI Bands on?
PSI Bands appeared in Season 4, Episode 18, which aired March 1, 2013.
How much was PSI Bands asking for on Shark Tank?
The founders asked for $250,000 for 10% of the company, a $2.5M valuation.
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