
SnagaStool
No DealOnline Services
SnagaStool is a online services 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
- $120K
- Asked for
- 18%
- Offered equity
- $667K
- Sought valuation
Founder Dean Whitney and Jamie Manning stepped onto the carpet in Season 6, Episode 26 in the episode that aired April 24, 2015, bringing their Somerville, MA business with them. SnagaStool, the online services, pitched in the Tech & Software category, one of 73 tech & software businesses to brave the Tank across all 17 seasons.
The ask was $120,000 for 18% of the company, an implied valuation of $667K.
No deal. Every shark declined, and SnagaStool 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 Tech & Software category overall, roughly 56% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy SnagaStool?
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 SnagaStool get a deal on Shark Tank?
No. SnagaStool pitched the sharks but left Season 6 without a deal.
What season of Shark Tank was SnagaStool on?
SnagaStool appeared in Season 6, Episode 26, which aired April 24, 2015.
How much was SnagaStool asking for on Shark Tank?
The founders asked for $120,000 for 18% of the company, a $667K valuation.
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