Critter Pricker Shark Tank Update

Critter Pricker Shark Tank Pitch

Joe Balistreri appeared on Shark Tank Season 11, Episode 17, which aired on March 27, 2020, with humane raccoon deterring spikes.

Critter Pricker is listed in the Other category. In plain terms, the business is described as humane raccoon deterring spikes.

Critter Pricker asked the Sharks for $115,000 for 15%, implying a valuation of about $766,666.667.

On the show, Critter Pricker made a listed deal with Kevin O'Leary for $115,000 for 15% + $2.50 per unit royalty in perpetuity.

If treated as straight equity, the listed deal works out to about $766,666.667 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.

Critter Pricker After Shark Tank

Critter Pricker accepted an on-air royalty deal, but follow-up reporting says the deal did not close. The company kept selling its raccoon-deterrent strips without the Shark investment. (Critter Pricker Shark Tank update

By March 2023, follow-up reporting put sales around $1 million, and the products remained available through Amazon. (Critter Pricker follow-up reporting

The current Critter Pricker site is active and sells multiple sizes and kits for protecting garbage cans, fences, roofs, gardens, and boats from nuisance wildlife. (Critter Pricker official site

Sources

Sources used for this page: Shark Tank API pitches