Plufl Shark Tank Update

Plufl Shark Tank Pitch

Yuki Kinoshita and Noah Silverman appeared on Shark Tank Season 14, Episode 5, which aired on October 21, 2022, with Human sized dog beds for napping.

Plufl is listed in the Lifestyle Home category. In plain terms, the business is described as Human sized dog beds for napping.

Plufl asked the Sharks for $200,000 for 10%, implying a valuation of about $2 million.

On the show, Plufl made a listed deal with Mark Cuban and 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 million implied valuation.

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

Plufl After Shark Tank

Plufl accepted an on-air Shark Tank deal for $200,000 for 20%, but later update coverage says the deal did not close. (Plufl Shark Tank Update

By 2022, Plufl was reported at about $1 million in sales. (Plufl Shark Tank Update

The company introduced 2 new products. (Plufl Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches