Jiggy Puzzles Shark Tank Update

Jiggy Puzzles Shark Tank Pitch

Kaylin Marcotte appeared on Shark Tank Season 12, Episode 22, which aired on April 23, 2021, with jigsaw puzzles submitted by local female artists from around the world.

Jiggy Puzzles is listed in the Media Entertainment category. In plain terms, the business is described as jigsaw puzzles submitted by local female artists from around the world.

Jiggy Puzzles asked the Sharks for $500,000 for 5%, implying a valuation of about $10 million.

On the show, Jiggy Puzzles made a listed deal with Mark Cuban for $500,000 for 15%.

If treated as straight equity, the listed deal works out to about $3.3 million implied valuation, down from the original $10 million implied valuation.

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

Jiggy Puzzles After Shark Tank

Jiggy Puzzles accepted an on-air Shark Tank deal for $500,000 for 15%. Later reporting says the deal did not close after filming. (Jiggy Shark Tank Update

By November 2021, Jiggy Puzzles was reported at about $4 million in annual revenue. (Jiggy Shark Tank Update

The founder introduced custom, branded puzzles for businesses as a giveaway. (Jiggy Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches