Sparketh
DealOnline art education for kids and teens
Best known from its Shark Tank appearance, Sparketh is a online art education for kids and teens in Season 13, and convinced Barbara Corcoran and Daniel Lubetzky to invest.
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From the show
The Shark Tank pitch
- $100K
- Asked for
- 8%
- Offered equity
- $1.3M
- Sought valuation
- $100K
- Deal amount
- 20%
- Deal equity
- $500K
- Deal valuation
Dwayne Walker and Tim Samuel walked into the Tank in Season 13, Episode 3 in the episode that aired October 22, 2021. Sparketh, the online art education for kids and teens, pitched in the Kids & Education category, one of 134 kids & education businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $100,000 for a 8% stake, which valued the company at $1.3M.
Barbara Corcoran and Daniel Lubetzky teamed up at $100,000 for 20% equity. That priced the company at $500K, a haircut from the $1.3M the founders walked in asking for, which is how negotiations in the Tank usually go.
Sparketh was one of 96 businesses to pitch in Season 13, where 64 deals got done. 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 Sparketh?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Sparketh get a deal on Shark Tank?
Yes. Sparketh closed a deal for $100,000 in exchange for 20% equity, with Barbara Corcoran and Daniel Lubetzky.
Which shark invested in Sparketh?
Barbara Corcoran and Daniel Lubetzky invested in Sparketh ($100,000 total as aired).
What season of Shark Tank was Sparketh on?
Sparketh appeared in Season 13, Episode 3, which aired October 22, 2021.
How much was Sparketh asking for on Shark Tank?
The founders asked for $100,000 for 8% of the company, a $1.3M valuation.
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