Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.
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| Name | Card.io |
|---|---|
| Main Presenters | None |
| Order Shown in Episode | 4 |
| Final Deal | Offer made from sharks |
Card.io appeared on Shark Tank Season 16, Episode 1, which aired on October 18, 2024, with Fitness App.
Card.io is listed in the Fitness Outdoors category. In plain terms, the business is described as Fitness App.
Card.io asked the Sharks for $150,000 for 5% equity, implying a valuation of about $3 million.
On the show, Card.io made a listed deal for $150,000 for 15% equity.
If treated as straight equity, the listed deal works out to about $1 million implied valuation, down from the original $3 million implied valuation.
This pitch is included as context for the more important question: what happened after Shark Tank.
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Sharks | Deal | $150,000 for 15% equity | |
| Company | Offered | $150,000 for 5% equity |
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Card.io accepted an on-air deal for $150,000 for 15% equity. Card.io remained active after the episode. (Card.io - Shark Tank Season 16 https://www.sharktankblog.com/business/card-io/ https://sharktankrecap.com/card-io-update-shark-tank-season-16/Link Preview
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Card.io andrew Smith Website | + posts Bio Andrew is a lifelong fan of Shark Tank and an entrepreneur at heart. (Card.io - Shark Tank Season 16 https://www.sharktankblog.com/business/card-io/ https://sharktankrecap.com/card-io-update-shark-tank-season-16/Link Preview
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Card.io is currently focused on scaling while keeping user engagement high. (Card.io - Shark Tank Season 16 https://www.sharktankblog.com/business/card-io/ https://sharktankrecap.com/card-io-update-shark-tank-season-16/Link Preview
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Destin appeared on Shark Tank Season 16 to pitch Card.io, seeking $150,000 for 5% equity. (Card.io - Shark Tank Season 16 https://www.sharktankblog.com/business/card-io/ https://sharktankrecap.com/card-io-update-shark-tank-season-16/Link Preview
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Card.io capitalized on its Shark Tank exposure by quickly building momentum through social media and introducing an Android waitlist to expand its user base. (Card.io - Shark Tank Season 16 https://www.sharktankblog.com/business/card-io/ https://sharktankrecap.com/card-io-update-shark-tank-season-16/Link Preview
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Sources used for this page: sharktankblog.com https://www.sharktankblog.com/shark-tank/shark-tank-episodes/season-16-shark-tank-episodes/ https://www.sharktankblog.com/business/card-io/ https://sharktankrecap.com/card-io-update-shark-tank-season-16/Link Preview
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Stay up to date on the latest news and updates occuring in the Shark Tank world.
Stay up to date on the latest news and updates occuring in the Shark Tank world.