Sip Herbals
No DealCoffee alternatives
Sip Herbals is a coffee alternatives that got its big break on Shark Tank in Season 15, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $100K
- Asked for
- 10%
- Offered equity
- $1M
- Sought valuation
Founder Orleatha Smith stepped onto the carpet in Season 15, Episode 22 in the episode that aired May 3, 2024. Sip Herbals, the coffee alternatives, pitched in the Food & Drink category, one of 318 food & drink businesses to brave the Tank across all 17 seasons.
The ask was $100,000 for 10% of the company, an implied valuation of $1M.
No deal. Every shark declined, and Sip Herbals 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 15 saw 87 pitches, and 59 of them closed a deal on air. 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 Sip Herbals?
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 Sip Herbals get a deal on Shark Tank?
No. Sip Herbals pitched the sharks but left Season 15 without a deal.
What season of Shark Tank was Sip Herbals on?
Sip Herbals appeared in Season 15, Episode 22, which aired May 3, 2024.
How much was Sip Herbals asking for on Shark Tank?
The founders asked for $100,000 for 10% of the company, a $1M valuation.
Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.
