Shark Tank Pitch

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

Stormbag Shark Tank Update

2m

Consumer Products

Pitch Overview
Name	Stormbag
Main Presenters	Maurice, Miles Huffman
Order Shown in Episode	3
Final Deal	Deal was made on the show with sharks Mark Cuban, Lori Greiner for $200,000 for 30% equity.

Stormbag Shark Tank Pitch

Maurice and Miles Huffman appeared on Shark Tank Season 15, Episode 2, which aired on October 6, 2023, with Sandbag alternative.

Stormbag is listed in the Consumer Products category. In plain terms, the business is described as Sandbag alternative.

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

On the show, Stormbag made a listed deal with Mark Cuban and Lori Greiner for $200,000 for 30% equity.

If treated as straight equity, the listed deal works out to about $666,666.667 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.

Offers

Made By	Label	Sharks Part of Deal	Summary
Company	Offered		$200,000 for 10% equity
Sharks	Deal	Mark Cuban, Lori Greiner	$200,000 for 30% equity

Updates in Shark Tank Episodes

Update Season	Update Episode
No Episode Updates

Stormbag After Shark Tank

Stormbag accepted an on-air deal for $200,000 for 30% equity. Stormbag remained active after the episode. (Storm Bag Shark Tank Update – Shark Tank Season 15 , Stormbag Sandbag Alternative Update | Shark Tank Season 15 ).

After the episode aired, Maurice and Miles decided not to move forward with the deal with Mark and Lori. (Storm Bag Shark Tank Update – Shark Tank Season 15 , Stormbag Sandbag Alternative Update | Shark Tank Season 15 ).

Stormbag sold out within a week and brought in over $50,000 in new orders. (Storm Bag Shark Tank Update – Shark Tank Season 15 , Stormbag Sandbag Alternative Update | Shark Tank Season 15 ).

A few years after airing, Stormbag continued to report sales growth. (Storm Bag Shark Tank Update – Shark Tank Season 15 , Stormbag Sandbag Alternative Update | Shark Tank Season 15 ).

Storm Bag is available for purchase directly on Stormbag's official website and on Amazon. (Storm Bag Shark Tank Update – Shark Tank Season 15 ).

Sources

Sources used for this page: sharktankblog.com , sharktankblog.com , Shark Tank Recap , amzn.to .

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