Top 10 Biggest Deals On Shark Tank

Even with electrical vehicles becoming far more popular, one concern always follows the owner: what happens if I run out of charge? Unlike a gas vehicle, you can’t just get towed to the nearest station and fill up. Josh Aviv and Chris Ellis wanted to solve this so they created SparkCharge. It’s a portable module that can charge an electric car “on the go.” They came to the tank looking for a million-dollar investment and that’s exactly what they walked away with. Both Mark and Lori went in on the deal in exchange for 10% equity, and 4% advisory shares.

As a concept, the Breathometer makes all kinds of sense. You’ve been out with some friends and may have had one too many drinks. Pull out the “Breathometer” and check whether you’re safe to drive home. That’s the basic premise behind this innovative little device. After a bit of back and forth amongst the sharks, all five agree to put up a million dollars in exchange for 30% of the company. Although the product did hit the market, it has since been discontinued due to issues with accuracy. Many of the sharks now refer to this deal as one of their worst.

Justin Wang wanted to find a way to make a water bottle less disposable, and more sustainable. His answer to the problem was LARQ: a self-cleaning and self-purifying water bottle. The cap of the bottle uses a special UV technology to clean and purify the contents. During his appearance on “Shark Tank,” Daymond revealed he already owns some of the bottles. Despite the outrageous ask (500k for 1%), he manages to secure a whopping $1 million from Lori and Kevin. Shortly after airing, the company raised another $10 million, and continues to be in business today.

Drones, or unmanned aerial vehicles as they are often called, are a booming business today. The founders of xCraft came into the tank looking to raise somewhere around $500,000. Without much delay, offers start coming left and right. However, after some discussion amongst the sharks, a new possibility is proposed. After some negotiating and slight hesitation from Mark, all five sharks agree to put up $300,000 for 5% equity, making the total offer $1.5 million. Given how this was triple their original ask, and included the expertise of all five sharks, they took the deal. Given how this was triple their original ask, and included the expertise of all five sharks, they took the deal.

This entry is unique in that it’s not a specific product they were pitching, but an event. Bradford Scudder and Rob Dickens came on the show and pitched their “Rugged Maniac” traveling 5K obstacle course concept. The events run in various cities and they’re looking for more money to continue their expansion. When the sharks find out the pair actually own another business entity that's separate from the one that they’re pitching, it hampers the negotiations. Although they received a joint offer from Robert and Kevin, they negotiated with Mark Cuban to do a deal for $1.75 million for 25% of the two companies. It definitely paid off when Rugged Events was purchased by New Media for $10.4 million in 2018.

#4: Ten Thirty One Productions

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Top 10 Best Shark Tank Pitches

Who knew there could be so much money in scaring people? Ten Thirty One Productions, co-founded by Melissa Carbone and Alyson Richards, launched a haunted hayride in LA’s Griffith Park which has done incredibly well. With ambitions to expand it to other locations, they came to the sharks for help. The ask out of the gate was $2 million for 10% of the company, which Kevin thought was far scarier than the attraction. When Daymond offers the same amount of cash but for 40% of the company, Carbone counters with the same offer for only 20% to which Mark quickly says he’ll take that deal.

On the surface, this deal looks insane. Who would pay $2 million for vending machines? But that’s exactly what Kevin and Lori agreed to pay the folks at Vengo for their unique product. Unlike traditional vending machines, Vengo was making their money off the service contracts for use of their machines as well as advertising shown on the displays. They even make money charging companies who want their product in the machine. Although the episode showed the deal closed, in reality, it never came to fruition. That didn’t stop them, though. Vengo machines are now located in countless facilities across the USA, bringing in $15-25 million per year for the company.

It’s a machine that makes almond-based milk from powder at your convenience. That was the pitch given to the sharks by Numilk founders Joe Savino and Ari Tolwin. Given how veganism and other non-dairy movements have pushed for more natural sources of nutrition, these two came in at an opportune time. After three sharks back out, Mr. Wonderful himself offers up a million-dollar loan, but Mark is convinced it’s worth more than that. Joe & Ari ultimately decide Mark’s offer of $2 million between a loan and investment funds is the best deal and walk away satisfied with their future. Still in business, they are currently working on a tabletop version of their large machine. Before we unveil our top pick, here are a few honorable mentions.

Baby Clothing Line Secured a Million Dollar Deal

We’ll Take GoPro Accessories for One Million Dollars, Alex

Who Knew Adult Drinks Could Be Worth Millions?

Ankle & Wrist Weights Snagged a 900k Deal

Boost Oxygen

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Breathing for a Million Dollars

Considered the biggest deal in “Shark Tank” history, this single-serve wine drink saw Kevin O’Leary pony up $2.5 million to secure a mere 10% of the company. However, the sharks raised concerns about the money raised by the business and overall profits, so it wasn’t the best start for Andrew McMurray. However, it’s not only astonishing that only one shark eventually took the bait, but that it was the original offer that Kevin ran with. But like any offer from Kevin, it came with some contingencies. First, the deal going through would depend if the product got into Costco, and second, Kevin could receive another $2.5 million at 10% should an exit occur. McMurray accepted, but what the deal ultimately proved is that if there’s one thing for certain, it’s that Mr. Wonderful really loves his wine..