Verbalize It
DealApp - Online Services
Best known from its Shark Tank appearance, Verbalize It is a app - online services in Season 4, and convinced Kevin O'Leary to invest.
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From the show
The Shark Tank pitch
- $250K
- Asked for
- 15%
- Offered equity
- $1.7M
- Sought valuation
- $250K
- Deal amount
- 20%
- Deal equity
- $1.3M
- Deal valuation
Ryan Frankel and Kunal Sarda walked into the Tank in Season 4, Episode 26 in the episode that aired May 17, 2013, bringing their New York, NY business with them. Verbalize It, the app - online services, pitched in the Business Services category, one of 42 business services businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $250,000 for a 15% stake, which valued the company at $1.7M.
Kevin O'Leary made the deal at $250,000 for 20% equity. That priced the company at $1.3M, a haircut from the $1.7M the founders walked in asking for, which is how negotiations in the Tank usually go.
Verbalize It was one of 103 businesses to pitch in Season 4, where 52 deals got done. In the Business Services category overall, roughly 52% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Verbalize It?
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 Verbalize It get a deal on Shark Tank?
Yes. Verbalize It closed a deal for $250,000 in exchange for 20% equity, with Kevin O'Leary.
Which shark invested in Verbalize It?
Kevin O'Leary invested in Verbalize It ($250,000 total as aired).
What season of Shark Tank was Verbalize It on?
Verbalize It appeared in Season 4, Episode 26, which aired May 17, 2013.
How much was Verbalize It asking for on Shark Tank?
The founders asked for $250,000 for 15% of the company, a $1.7M valuation.
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