The Bear & The Rat
No DealPet Products
The Bear & The Rat is a pet products that got its big break on Shark Tank in Season 4, where it won fans even without landing a deal.
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From the show
The Shark Tank pitch
- $125K
- Asked for
- 20%
- Offered equity
- $625K
- Sought valuation
Founder Matt and Meg Meyer stepped onto the carpet in Season 4, Episode 7 in the episode that aired October 26, 2012, bringing their Denver, CO business with them. The Bear & The Rat, the pet products, pitched in the Pet Products category, one of 61 pet products businesses to brave the Tank across all 17 seasons.
The ask was $125,000 for 20% of the company, an implied valuation of $625K.
No deal. Every shark declined, and The Bear & The Rat walked. But a Shark Tank appearance reaches millions of viewers whether or not a check gets written, and plenty of no-deal companies have turned that airtime into lasting businesses.
Season 4 saw 103 pitches, and 52 of them closed a deal on air. In the Pet Products category overall, roughly 56% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy The Bear & The Rat?
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 The Bear & The Rat get a deal on Shark Tank?
No. The Bear & The Rat pitched the sharks but left Season 4 without a deal.
What season of Shark Tank was The Bear & The Rat on?
The Bear & The Rat appeared in Season 4, Episode 7, which aired October 26, 2012.
How much was The Bear & The Rat asking for on Shark Tank?
The founders asked for $125,000 for 20% of the company, a $625K valuation.
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