Topsail Steamer
DealSeafood Meal Kit
Best known from its Shark Tank appearance, Topsail Steamer is a seafood meal kit in Season 16, and convinced Lori Greiner and Todd Graves to invest.
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From the show
The Shark Tank pitch
- $350K
- Asked for
- 8%
- Offered equity
- $4.4M
- Sought valuation
- $350K
- Deal amount
- 18%
- Deal equity
- $1.9M
- Deal valuation
Danielle Mahon walked into the Tank in Season 16, Episode 2 in the episode that aired October 25, 2024. Topsail Steamer, the seafood meal kit, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $350,000 for a 8% stake, which valued the company at $4.4M.
Lori Greiner and Todd Graves teamed up at $350,000 for 18% equity. That priced the company at $1.9M, a haircut from the $4.4M the founders walked in asking for, which is how negotiations in the Tank usually go.
Topsail Steamer was one of 64 businesses to pitch in Season 16, where 45 deals got done. 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 Topsail Steamer?
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 Topsail Steamer get a deal on Shark Tank?
Yes. Topsail Steamer closed a deal for $350,000 in exchange for 18% equity, with Lori Greiner and Todd Graves.
Which shark invested in Topsail Steamer?
Lori Greiner and Todd Graves invested in Topsail Steamer ($350,000 total as aired).
What season of Shark Tank was Topsail Steamer on?
Topsail Steamer appeared in Season 16, Episode 2, which aired October 25, 2024.
How much was Topsail Steamer asking for on Shark Tank?
The founders asked for $350,000 for 8% of the company, a $4.4M valuation.
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