Fila Manila Shark Tank Update

Fila Manila Shark Tank Pitch

Fila Manila appeared on Shark Tank Season 15, Episode 16, which aired on March 1, 2024, with Packaged Filipino food.

Fila Manila is listed in the Food Beverage category. In plain terms, the business is described as Packaged Filipino food.

Fila Manila asked the Sharks for $250,000 for 5% equity, implying a valuation of about $5 million.

On the show, Fila Manila made a listed deal for $250,000 for 20% equity, plus option to get back 5%.

If treated as straight equity, the listed deal works out to about $1.3 million implied valuation, down from the original $5 million implied valuation.

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

Fila Manila After Shark Tank

Sources