
Tremont Electric
No DealOutdoor Recreation
Tremont Electric is a outdoor recreation 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
- $2M
- Asked for
- 22%
- Offered equity
- $9.1M
- Sought valuation
Founder Aaron Lemieux stepped onto the carpet in Season 4, Episode 22 in the episode that aired April 26, 2013, bringing their Cleveland, OH business with them. Tremont Electric, the outdoor recreation, pitched in the Green & CleanTech category, one of 17 green & cleantech businesses to brave the Tank across all 17 seasons.
The ask was $2,000,000 for 22% of the company, an implied valuation of $9.1M.
No deal. Every shark declined, and Tremont Electric 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 Green & CleanTech category overall, roughly 53% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Tremont Electric?
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 Tremont Electric get a deal on Shark Tank?
No. Tremont Electric pitched the sharks but left Season 4 without a deal.
What season of Shark Tank was Tremont Electric on?
Tremont Electric appeared in Season 4, Episode 22, which aired April 26, 2013.
How much was Tremont Electric asking for on Shark Tank?
The founders asked for $2,000,000 for 22% of the company, a $9.1M valuation.
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