Shark Tank Pitch

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

Sparketh Shark Tank Update

2m

Software Tech


Pitch Overview
NameSparketh
Main PresentersTim Samuel, Dwayne Walker
Order Shown in Episode1
Final DealDeal was made on the show with sharks Barbara Corcoran for $100,000 for 20% contingent on making a profit within 6 months.

Sparketh Shark Tank Pitch

Tim Samuel and Dwayne Walker appeared on Shark Tank Season 13, Episode 3, which aired on October 22, 2021, with online art education platform for kids and teens.

Sparketh is listed in the Software Tech category. In plain terms, the business is described as online art education platform for kids and teens.

Sparketh asked the Sharks for $100,000 for 8%, implying a valuation of about $1.3 million.

On the show, Sparketh made a listed deal with Barbara Corcoran for $100,000 for 20% contingent on making a profit within 6 months.

If treated as straight equity, the listed deal works out to about $500,000 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.


Offers

Made ByLabelSharks Part of DealSummary
CompanyOffered$100,000 for 8%
SharksDealBarbara Corcoran$100,000 for 20% contingent on making a profit within 6 months


Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Sparketh After Shark Tank

Sparketh accepted a conditional on-air deal tied to profitability, so the real post-show test was whether the online art-class subscription could turn TV attention into durable revenue. (Sparketh Shark Tank Update – Did Art Win Over the Sharks?

Link Preview

Sparketh Shark Tank Update – Did Art Win Over the Sharks?

https://www.sharktankblog.com/business/sparketh/

).

By April 2023, follow-up coverage put Sparketh at about $2 million in annual revenue, a stronger signal than the short-lived social-media attention around the deal. (Sparketh Shark Tank Update – Did Art Win Over the Sharks?

Link Preview

Sparketh Shark Tank Update – Did Art Win Over the Sharks?

https://www.sharktankblog.com/business/sparketh/

).

Later public updates have been quieter, but Sparketh's tracked revenue and continuing online-course model point to a business that survived beyond the Shark Tank bump. (Sparketh Shark Tank Update – Did Art Win Over the Sharks?

Link Preview

Sparketh Shark Tank Update – Did Art Win Over the Sharks?

https://www.sharktankblog.com/business/sparketh/

).

Sources

Sources used for this page: Shark Tank API pitches

Link Preview

Shark Tank API pitches

https://www.sharktank-api.dev/pitches

, Shark Tank API episodes

Link Preview

Shark Tank API episodes

https://www.sharktank-api.dev/episodes

, sharktankblog.com

Link Preview

sharktankblog.com

https://www.sharktankblog.com/business/sparketh/

.


Join the Newsletter

Stay up to date on the latest news and updates occuring in the Shark Tank world.


Join the Newsletter

Stay up to date on the latest news and updates occuring in the Shark Tank world.

icon
Powered byContibase