Shark Tank Pitch

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

LARQ Shark Tank Update

2m

Accessories Gadgets

Pitch Overview
NameLARQ
Main PresentersJustin Wang
Order Shown in Episode4
Final DealDeal was made on the show with sharks Kevin O'Leary, Lori Greiner for $1,500,000 for 4%.

LARQ Shark Tank Pitch

Justin Wang appeared on Shark Tank Season 12, Episode 21, which aired on April 16, 2021, with self-cleaning water bottle that uses UV light to purify water on the go.

LARQ is listed in the Accessories Gadgets category. In plain terms, the business is described as self-cleaning water bottle that uses UV light to purify water on the go.

LARQ asked the Sharks for $500,000 for 1%, implying a valuation of about $50 million.

On the show, LARQ made a listed deal with Kevin O'Leary and Lori Greiner for $1,500,000 for 4%.

If treated as straight equity, the listed deal works out to about $37.5 million implied valuation, down from the original $50 million 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$500,000 for 1%
SharksDealKevin O'Leary, Lori Greiner$1,500,000 for 4%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

LARQ After Shark Tank

LARQ accepted the on-air offer for $1.5 million for 4%, one of the larger Season 12 deals. The company already had a premium self-cleaning water bottle story, and Shark Tank pushed that story to a wider consumer audience. (LARQ Shark Tank Update ).
In February 2024, TechCrunch reported that Brita GmbH acquired LARQ. The acquisition gave Brita a way back into North America while adding LARQ's online-first bottle and pitcher business to a much larger water-filtration company. (TechCrunch LARQ acquisition report ).
LARQ continues to sell bottles, pitchers, filters, and accessories under the LARQ brand, so the post-show outcome is best described as acquired and active rather than simply sold off and shut down. (LARQ website ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com , livelarq.com , techcrunch.com .

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