Rewardstock

Deal

travel site to use reward points

Season 10 · Ep 5 Tech & SoftwareAired November 18, 2018

Rewardstock, the travel site to use reward points, landed on the national radar after pitching the sharks in Season 10, and convinced Mark Cuban to invest.

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From the show

The Shark Tank pitch

$200K
Asked for: 5%
Offered equity: $4M
Sought valuation: $320K
Deal amount: 10%
Deal equity: $3.2M
Deal valuation

The entrepreneurs faced the sharks in Season 10, Episode 5 in the episode that aired November 18, 2018. Rewardstock, the travel site to use reward points, pitched in the Tech & Software category, one of 73 tech & software businesses to brave the Tank across all 17 seasons.

They came in asking $200,000 in exchange for 5% equity, putting a $4M valuation on the business.

Mark Cuban made the deal at $320,000 for 10% equity. That priced the company at $3.2M, a haircut from the $4M the founders walked in asking for, which is how negotiations in the Tank usually go.

Across Season 10, 63 of 92 pitches ended in a handshake. In the Tech & Software category overall, roughly 56% of pitches have landed a shark across the show's history.

Mark Cuban$320K

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Frequently asked questions

Where can I buy Rewardstock?

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

Did Rewardstock get a deal on Shark Tank?

Yes. Rewardstock closed a deal for $320,000 in exchange for 10% equity, with Mark Cuban.

Which shark invested in Rewardstock?

Mark Cuban invested in Rewardstock ($320,000 total as aired).

What season of Shark Tank was Rewardstock on?

Rewardstock appeared in Season 10, Episode 5, which aired November 18, 2018.

How much was Rewardstock asking for on Shark Tank?

The founders asked for $200,000 for 5% of the company, a $4M valuation.

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