Virtusphere
No DealElectronics
Best known from its Shark Tank appearance, Virtusphere is a electronics in Season 1, where it won fans even without landing a deal.
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Availability shifts constantly for Tank alumni products. Tap through to see Virtusphere's current price and stock on Amazon.
From the show
The Shark Tank pitch
- $1.5M
- Asked for
- 10%
- Offered equity
- $15M
- Sought valuation
Ray Latypov and Jim Dimascio walked into the Tank in Season 1, Episode 9 in the episode that aired October 13, 2009, bringing their Binghampton, NY business with them. Virtusphere, the electronics, pitched in the Electronics category, one of 18 electronics businesses to brave the Tank across all 17 seasons.
On the carpet, the number was $1,500,000 for a 10% stake, which valued the company at $15M.
The sharks passed, and Virtusphere left without a deal. That's not always the end of the story. Some of Shark Tank's most successful companies were rejected on air and grew anyway, using the exposure (the "Shark Tank effect") to drive sales the sharks missed out on.
Virtusphere was one of 64 businesses to pitch in Season 1, where 27 deals got done. In the Electronics category overall, roughly 44% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Virtusphere?
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 Virtusphere get a deal on Shark Tank?
No. Virtusphere pitched the sharks but left Season 1 without a deal.
What season of Shark Tank was Virtusphere on?
Virtusphere appeared in Season 1, Episode 9, which aired October 13, 2009.
How much was Virtusphere asking for on Shark Tank?
The founders asked for $1,500,000 for 10% of the company, a $15M valuation.
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