Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

IceBeanie Shark Tank Update

2m

Health SelfCare


Pitch Overview
NameIceBeanie
Main PresentersNic Lamb
Order Shown in Episode3
Final DealDeal was made on the show with sharks Mark Cuban for $50,000 for 25%.

IceBeanie Shark Tank Pitch

Nic Lamb appeared on Shark Tank Season 12, Episode 13, which aired on February 11, 2021, with all natural compression cold therapy for headaches, concussions and migraines .

IceBeanie is listed in the Health SelfCare category. In plain terms, the business is described as all natural compression cold therapy for headaches, concussions and migraines .

IceBeanie asked the Sharks for $50,000 for 20%, implying a valuation of about $250,000.

On the show, IceBeanie made a listed deal with Mark Cuban for $50,000 for 25%.

If treated as straight equity, the listed deal works out to about $200,000 implied valuation, down from the original $250,000 implied valuation.

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


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$50,000 for 20%
SharksDealMark Cuban$50,000 for 25%


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

IceBeanie After Shark Tank

IceBeanie accepted an on-air Shark Tank deal for $50,000 for 25%. Later reporting says the deal closed after filming. (IceBeanie Shark Tank Update

Link Preview

IceBeanie Shark Tank Update

https://www.sharktankblog.com/business/icebeanie/

).

By August 2023, IceBeanie was reported at about $1 million in annual revenue. (IceBeanie Shark Tank Update

Link Preview

IceBeanie Shark Tank Update

https://www.sharktankblog.com/business/icebeanie/

).

Many knock-offs appear on Amazon. (IceBeanie Shark Tank Update

Link Preview

IceBeanie Shark Tank Update

https://www.sharktankblog.com/business/icebeanie/

).

IceBeanie now uses icebeanie.com as its customer-facing site. (IceBeanie website

Link Preview

IceBeanie website

https://icebeanie.com

).

Sources

Sources used for this page: Shark Tank API pitches

Link Preview

Shark Tank API pitches

https://www.sharktank-api.dev/pitches

, Shark Tank API episodes

Link Preview

Shark Tank API episodes

https://www.sharktank-api.dev/episodes

, sharktankblog.com

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sharktankblog.com

https://www.sharktankblog.com/business/icebeanie/

, icebeanie.com

Link Preview

icebeanie.com

https://icebeanie.com

.


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