First Saturday Lime Shark Tank Update

First Saturday Lime Shark Tank Pitch

Zac McDaniel, Jana McDaniel, and Jessica Jacobs appeared on Shark Tank Season 11, Episode 19, which aired on April 10, 2020, with eco friendly, lime and citric acid based, insect repellent.

First Saturday Lime is listed in the Other category. In plain terms, the business is described as eco friendly, lime and citric acid based, insect repellent.

First Saturday Lime asked the Sharks for $100,000 for 10%, implying a valuation of about $1 million.

On the show, First Saturday Lime made a listed deal with Kevin O'Leary for $100,000 for 25% + funding of all purchase orders.

If treated as straight equity, the listed deal works out to about $400,000 implied valuation, down from the original $1 million implied valuation.

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

First Saturday Lime After Shark Tank

First Saturday Lime accepted an on-air Shark Tank deal for $100,000 for 25% + funding of all purchase orders, and follow-up reporting says the deal closed after filming. (First Saturday Lime Shark Tank Update

Update sources put First Saturday Lime annual revenue around $800,000. as of October, 2023. (First Saturday Lime Shark Tank Update

Since airing, they still sell on Amazon. (First Saturday Lime Shark Tank Update

The company also introduced an insect repellent spray and insect repellent bracelets. (First Saturday Lime Shark Tank Update

The current brand site points customers to firstsaturdaylime.com. (First Saturday Lime website

Sources

Sources used for this page: Shark Tank API pitches