Roq Innovation Shark Tank Update

Roq Innovation Shark Tank Pitch

Racquel Graham appeared on Shark Tank Season 13, Episode 11, which aired on January 13, 2022, with Innovative hats with lights.

Roq Innovation is listed in the Clothing Fashion category. In plain terms, the business is described as Innovative hats with lights.

Roq Innovation asked the Sharks for $200,000 for 15%, implying a valuation of about $1.3 million.

On the show, Roq Innovation made a listed deal with Kevin O'Leary for $200,000 for 20% + $1 until $600,000 is recouped.

If treated as straight equity, the listed deal works out to about $1 million implied valuation, down from the original $1.3 million implied valuation.

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

Roq Innovation After Shark Tank

Roq Innovation accepted an on-air royalty-style deal, but early follow-up coverage had not yet verified that the deal closed. The company had already hit its $1.7 million sales goal for 2021. (Roq Innovation Shark Tank Update

The Shark Tank appearance gave Roq Innovation more attention for its lighted beanies and visibility accessories, while the follow-up record remained more useful for sales traction than for proving long-term Shark involvement. (Roq Innovation Shark Tank Update

The current page should therefore treat Roq as an active product company with uncertain deal-close details, not as a confirmed closed investment story. (Roq Innovation Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches