Trunkster
Dealhigh-tech travel suitcase
Trunkster, the high-tech travel suitcase, landed on the national radar after pitching the sharks in Season 7, and convinced Mark Cuban and Lori Greiner to invest.
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From the show
The Shark Tank pitch
- $1.4M
- Asked for
- 5%
- Offered equity
- $28M
- Sought valuation
- $1.4M
- Deal amount
- 5%
- Deal equity
- $28M
- Deal valuation
The entrepreneurs faced the sharks in Season 7, Episode 10 in the episode that aired December 4, 2015. Trunkster, the high-tech travel suitcase, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.
They came in asking $1,400,000 in exchange for 5% equity, putting a $28M valuation on the business.
Mark Cuban and Lori Greiner teamed up at $1,400,000 for 5% equity. The deal valued the company at $28M. The structure included a royalty component.
Across Season 7, 66 of 116 pitches ended in a handshake. 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 Trunkster?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Trunkster get a deal on Shark Tank?
Yes. Trunkster closed a deal for $1,400,000 in exchange for 5% equity, with Mark Cuban and Lori Greiner.
Which shark invested in Trunkster?
Mark Cuban and Lori Greiner invested in Trunkster ($1,400,000 total as aired).
What season of Shark Tank was Trunkster on?
Trunkster appeared in Season 7, Episode 10, which aired December 4, 2015.
How much was Trunkster asking for on Shark Tank?
The founders asked for $1,400,000 for 5% of the company, a $28M valuation.
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