Shark Tank Pitch

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

Nana Hats Shark Tank Update

2m

Accessories Gadgets

Pitch Overview
NameNana Hats
Main PresentersSean Adler
Order Shown in Episode3
Final DealDeal was made on the show with sharks Lori Greiner for $150,000 for 20%.

Nana Hats Shark Tank Pitch

Sean Adler appeared on Shark Tank Season 14, Episode 6, which aired on November 11, 2022, with A banana-preserving kitchen gadget that uses colorful silicone caps to slow browning and make fruit storage a little more fun..

Nana Hats is listed in the Accessories Gadgets category. In plain terms, the business is described as A banana-preserving kitchen gadget that uses colorful silicone caps to slow browning and make fruit storage a little more fun..

Nana Hats asked the Sharks for $150,000 for 10%, implying a valuation of about $1.5 million.

On the show, Nana Hats made a listed deal with Lori Greiner for $150,000 for 20%.

If treated as straight equity, the listed deal works out to about $750,000 implied valuation, down from the original $1.5 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$150,000 for 10%
SharksDealLori Greiner$150,000 for 20%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Nana Hats After Shark Tank

Nana Hats accepted an on-air Shark Tank deal for $150,000 for 20%, and later update coverage says the deal closed. (Nana Hats Shark Tank Update ).
By 2022, Nana Hats was reported at about $750.000 in sales. (Nana Hats Shark Tank Update ).
After the show originally aired on the east coast, the company had over 1000 orders. (Nana Hats Shark Tank Update ).
It was also revealed that the "retail giant" Sean referenced in the founder's pitch was Uncommon Goods. (Nana Hats Shark Tank Update ).
The company closed out 2022 with $750.000 in sales. (Nana Hats Shark Tank Update ).

Sources

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

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