Tangle Pets
Dealkid-friendly hairbrush
Best known from its Shark Tank appearance, Tangle Pets is a kid-friendly hairbrush in Season 9, and convinced Lori Greiner to invest.
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From the show
The Shark Tank pitch
- $75K
- Asked for
- 30%
- Offered equity
- $250K
- Sought valuation
- $75K
- Deal amount
- 45%
- Deal equity
- $167K
- Deal valuation
The founders walked into the Tank in Season 9, Episode 3 in the episode that aired October 8, 2017. Tangle Pets, the kid-friendly hairbrush, 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 $75,000 for a 30% stake, which valued the company at $250K.
Lori Greiner made the deal at $75,000 for 45% equity. That priced the company at $167K, a haircut from the $250K the founders walked in asking for, which is how negotiations in the Tank usually go.
Tangle Pets was one of 96 businesses to pitch in Season 9, where 65 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 Tangle Pets?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Tangle Pets get a deal on Shark Tank?
Yes. Tangle Pets closed a deal for $75,000 in exchange for 45% equity, with Lori Greiner.
Which shark invested in Tangle Pets?
Lori Greiner invested in Tangle Pets ($75,000 total as aired).
What season of Shark Tank was Tangle Pets on?
Tangle Pets appeared in Season 9, Episode 3, which aired October 8, 2017.
How much was Tangle Pets asking for on Shark Tank?
The founders asked for $75,000 for 30% of the company, a $250K valuation.
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