Hydroviv Shark Tank Update

Hydroviv Shark Tank Pitch

Eric Roy appeared on Shark Tank Season 10, Episode 19, which aired on April 14, 2019, with water filtration system.

Hydroviv is listed in the Other category. In plain terms, the business is described as water filtration system.

Hydroviv asked the Sharks for $400,000 for 10%, implying a valuation of about $4 million.

On the show, Hydroviv made a listed deal with Mark Cuban for $400,000 for 20%.

If treated as straight equity, the listed deal works out to about $2 million implied valuation, down from the original $4 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Hydroviv After Shark Tank

Hydroviv accepted Mark Cuban's on-air offer, but later updates say the deal did not close. (Hydroviv Shark Tank Update

The company still grew after the show, expanding from customized under-sink filters into shower, fridge and bundle products built around local water-quality data. (Hydroviv Shark Tank Update

Hydroviv later joined Culligan's corporate network; the official site now describes the brand as backed by Culligan while continuing to sell contaminant-targeted filters. (Hydroviv Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches