Shark Tank Pitch

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

SneakERASERS Shark Tank Update

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Accessories Gadgets

Pitch Overview
NameSneakERASERS
Main PresentersChris Pavlica, Kevin Consolo
Order Shown in Episode3
Final DealDeal was made on the show with sharks Lori Greiner for $200,000 for 20%.

SneakERASERS Shark Tank Pitch

Chris Pavlica and Kevin Consolo appeared on Shark Tank Season 12, Episode 23, which aired on May 7, 2021, with clean-tech erasers that clean your shoes.

SneakERASERS is listed in the Accessories Gadgets category. In plain terms, the business is described as clean-tech erasers that clean your shoes.

SneakERASERS asked the Sharks for $200,000 for 8%, implying a valuation of about $2.5 million.

On the show, SneakERASERS made a listed deal with Lori Greiner for $200,000 for 20%.

If treated as straight equity, the listed deal works out to about $1 million implied valuation, down from the original $2.5 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$200,000 for 8%
SharksDealLori Greiner$200,000 for 20%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

SneakERASERS After Shark Tank

SneakERASERS accepted an on-air Shark Tank deal for $200,000 for 20%. Later reporting says the deal closed after filming. (SneakERASERS Shark Tank Update ).
By August 2022, SneakERASERS was reported at about $5 million in annual revenue. (SneakERASERS Shark Tank Update ).
Products from SneakERASERS are at Kroger’s, Walmart, Costco, CVS, and many other retail locations. (SneakERASERS Shark Tank Update ).
The company introduced a new product for cleaning purses called PursERASORS. (SneakERASERS Shark Tank Update ).
SneakERASERS now uses www.ftibrands.com/sneakerasers as its customer-facing site. (SneakERASERS website ).

Sources

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

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