SubSafe
Dealsandwich container
SubSafe is a sandwich container that got its big break on Shark Tank in Season 10, and convinced Mark Cuban and Charles Barkley to invest.
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From the show
The Shark Tank pitch
- $50K
- Asked for
- 13%
- Offered equity
- $385K
- Sought valuation
- $100K
- Deal amount
- 25%
- Deal equity
- $400K
- Deal valuation
The team stepped onto the carpet in Season 10, Episode 13 in the episode that aired January 27, 2019. SubSafe, the sandwich container, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.
The ask was $50,000 for 13% of the company, an implied valuation of $385K.
Mark Cuban and Charles Barkley teamed up at $100,000 for 25% equity. The deal valued the company at $400K.
Season 10 saw 92 pitches, and 63 of them closed a deal on air. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy SubSafe?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did SubSafe get a deal on Shark Tank?
Yes. SubSafe closed a deal for $100,000 in exchange for 25% equity, with Mark Cuban and Charles Barkley.
Which shark invested in SubSafe?
Mark Cuban and Charles Barkley invested in SubSafe ($100,000 total as aired).
What season of Shark Tank was SubSafe on?
SubSafe appeared in Season 10, Episode 13, which aired January 27, 2019.
How much was SubSafe asking for on Shark Tank?
The founders asked for $50,000 for 13% of the company, a $385K valuation.
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