Bottlekeeper Shark Tank Update

Bottlekeeper Shark Tank Pitch

Adam Callinan and Matt Campbell appeared on Shark Tank Season 10, Episode 6, which aired on November 24, 2018, with stainless steel bottle holder that keeps beer cool and protected from falls.

Bottlekeeper is listed in the Other category. In plain terms, the business is described as stainless steel bottle holder that keeps beer cool and protected from falls.

Bottlekeeper asked the Sharks for $1,000,000 for 5%, implying a valuation of about $20 million.

On the show, Bottlekeeper made a listed deal with Mark Cuban and Lori Greiner for $1 million for 5% + $2.50 royalty until $2 million is repaid.

If treated as straight equity, the listed deal works out to about $20 million implied valuation, roughly the same implied valuation as the ask.

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

Bottlekeeper After Shark Tank

BottleKeeper accepted a large on-air deal, but later updates say the Shark Tank deal did not close. (BottleKeeper Shark Tank Update

The company still turned the publicity into a broader beverage-cooling brand, expanding beyond the original insulated beer-bottle holder into can and drink cooler products. (BottleKeeper Shark Tank Update

Although some update sites note a quieter public profile after the early boom, the official store remains live with BottleKeeper and related product lines. (BottleKeeper update

Sources

Sources used for this page: Shark Tank API pitches