Saucemoto
Dealcar sauce holder
Saucemoto, the car sauce holder, landed on the national radar after pitching the sharks in Season 10, and convinced Robert Herjavec to invest.
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Shark Tank products move fast. Names change, packaging changes, and some sell out or get discontinued. The Amazon button checks live price and availability for Saucemoto.
From the show
The Shark Tank pitch
- $45K
- Asked for
- 15%
- Offered equity
- $300K
- Sought valuation
- $45K
- Deal amount
- 25%
- Deal equity
- $180K
- Deal valuation
The entrepreneurs faced the sharks in Season 10, Episode 22 in the episode that aired May 5, 2019. Saucemoto, the car sauce holder, pitched in the Automotive category, one of 17 automotive businesses to brave the Tank across all 17 seasons.
They came in asking $45,000 in exchange for 15% equity, putting a $300K valuation on the business.
Robert Herjavec made the deal at $45,000 for 25% equity. That priced the company at $180K, a haircut from the $300K 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 Automotive category overall, roughly 76% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Saucemoto?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Saucemoto get a deal on Shark Tank?
Yes. Saucemoto closed a deal for $45,000 in exchange for 25% equity, with Robert Herjavec.
Which shark invested in Saucemoto?
Robert Herjavec invested in Saucemoto ($45,000 total as aired).
What season of Shark Tank was Saucemoto on?
Saucemoto appeared in Season 10, Episode 22, which aired May 5, 2019.
How much was Saucemoto asking for on Shark Tank?
The founders asked for $45,000 for 15% of the company, a $300K valuation.
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