Tail Lightz

Tail Lightz

No Deal

Electronics

Season 3 · Ep 3ElectronicsAired February 3, 2012

Tail Lightz, the electronics, landed on the national radar after pitching the sharks in Season 3, where it won fans even without landing a deal.

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From the show

The Shark Tank pitch

$50K
Asked for
50%
Offered equity
$100K
Sought valuation
No deal

Kyle Rainey faced the sharks in Season 3, Episode 3 in the episode that aired February 3, 2012, bringing their Emeryville, CA business with them. Tail Lightz, the electronics, pitched in the Electronics category, one of 18 electronics businesses to brave the Tank across all 17 seasons.

They came in asking $50,000 in exchange for 50% equity, putting a $100K valuation on the business.

Tail Lightz couldn't land an offer the founders would take, and the pitch ended without a deal. History says that's survivable: several of the show's biggest success stories left the Tank empty-handed.

Across Season 3, 28 of 60 pitches ended in a handshake. In the Electronics category overall, roughly 44% of pitches have landed a shark across the show's history.

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Frequently asked questions

Where can I buy Tail Lightz?

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 Tail Lightz get a deal on Shark Tank?

No. Tail Lightz pitched the sharks but left Season 3 without a deal.

What season of Shark Tank was Tail Lightz on?

Tail Lightz appeared in Season 3, Episode 3, which aired February 3, 2012.

How much was Tail Lightz asking for on Shark Tank?

The founders asked for $50,000 for 50% of the company, a $100K valuation.

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