Storage Scholars
DealStorage and Moving for Students
Best known from its Shark Tank appearance, Storage Scholars is a storage and moving for students in Season 14, and convinced Mark Cuban to invest.
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From the show
The Shark Tank pitch
- $250K
- Asked for
- 5%
- Offered equity
- $5M
- Sought valuation
- $250K
- Deal amount
- 10%
- Deal equity
- $2.5M
- Deal valuation
Sam Chason and Matt Gronberg walked into the Tank in Season 14, Episode 4 in the episode that aired October 14, 2022. Storage Scholars, the storage and moving for students, 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 $250,000 for a 5% stake, which valued the company at $5M.
Mark Cuban made the deal at $250,000 for 10% equity. That priced the company at $2.5M, a haircut from the $5M the founders walked in asking for, which is how negotiations in the Tank usually go.
Storage Scholars was one of 87 businesses to pitch in Season 14, where 62 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 Storage Scholars?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Storage Scholars get a deal on Shark Tank?
Yes. Storage Scholars closed a deal for $250,000 in exchange for 10% equity, with Mark Cuban.
Which shark invested in Storage Scholars?
Mark Cuban invested in Storage Scholars ($250,000 total as aired).
What season of Shark Tank was Storage Scholars on?
Storage Scholars appeared in Season 14, Episode 4, which aired October 14, 2022.
How much was Storage Scholars asking for on Shark Tank?
The founders asked for $250,000 for 5% of the company, a $5M valuation.
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