SingTrix
No DealElectronics
SingTrix is a electronics that got its big break on Shark Tank in Season 6, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $1.5M
- Asked for
- 5%
- Offered equity
- $30M
- Sought valuation
Founder John Devecka and Eric Berkowitz stepped onto the carpet in Season 6, Episode 7 in the episode that aired October 31, 2014, bringing their New York, NY business with them. SingTrix, the electronics, pitched in the Kids & Education category, one of 134 kids & education businesses to brave the Tank across all 17 seasons.
The ask was $1,500,000 for 5% of the company, an implied valuation of $30M.
No deal. Every shark declined, and SingTrix walked. But a Shark Tank appearance reaches millions of viewers whether or not a check gets written, and plenty of no-deal companies have turned that airtime into lasting businesses.
Season 6 saw 116 pitches, and 66 of them closed a deal on air. In the Kids & Education category overall, roughly 66% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy SingTrix?
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 SingTrix get a deal on Shark Tank?
No. SingTrix pitched the sharks but left Season 6 without a deal.
What season of Shark Tank was SingTrix on?
SingTrix appeared in Season 6, Episode 7, which aired October 31, 2014.
How much was SingTrix asking for on Shark Tank?
The founders asked for $1,500,000 for 5% of the company, a $30M valuation.
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