Handy Pan Shark Tank Update

Handy Pan Shark Tank Pitch

Josh Conway and Adam Chaudry appeared on Shark Tank Season 13, Episode 21, which aired on May 2, 2022, with A non-stick ceramic pan that has a stainless steal, food grade strainer attached to it with a hinge mechanism. There is a button that flips the strainer above the rim of the pan..

Handy Pan is listed in the Lifestyle Home category. In plain terms, the business is described as A non-stick ceramic pan that has a stainless steal, food grade strainer attached to it with a hinge mechanism. There is a button that flips the strainer above the rim of the pan..

Handy Pan asked the Sharks for $10,000 for 20%, implying a valuation of about $50,000.

On the show, Handy Pan made a listed deal with Lori Greiner for $10,000 for 20%.

If treated as straight equity, the listed deal works out to about $50,000 implied valuation, roughly the same implied valuation as the ask.

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

Handy Pan After Shark Tank

Handy Pan accepted an on-air offer, and later follow-up coverage says the deal closed. (Handy Pan Shark Tank Update

The pan-and-strainer product sold out after the episode aired, which gave the founders immediate proof of demand. (Handy Pan Shark Tank Update

By July 2024, Handy Pan was still available, but follow-up coverage said the company was not selling on Amazon and was doing little advertising or social-media promotion. (Handy Pan Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches