Big Ass Luxuries Shark Tank Update

Big Ass Luxuries Shark Tank Pitch

Kelsey Saldivar Harris, Chloe, and Trent Mervine appeared on Shark Tank Season 16, Episode 20, which aired on May 16, 2025, with Oversized luxury candles.

Big Ass Luxuries is listed in the Consumer Products category. In plain terms, the business is described as Oversized luxury candles.

Big Ass Luxuries asked the Sharks for $500,000 for 5% equity, implying a valuation of about $10 million.

On the show, Big Ass Luxuries made a listed deal for $250,000 in equity plus $250,000 as a loan for 13% equity.

If treated as straight equity, the listed deal works out to about $1.9 million implied valuation, down from the original $10 million implied valuation.

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

Big Ass Luxuries After Shark Tank

Big Ass Luxuries accepted an on-air deal for $250,000 in equity plus $250,000 as a loan for 13% equity. Big Ass Luxuries remained active after the episode. (Big Ass Luxuries Shark Tank Update - Shark Tank Season 16

Lori’s deal went through, and by the end of 2024, Big Ass Luxuries had grown to $5 million in annual sales (as projected earlier). (Big Ass Luxuries Shark Tank Update - Shark Tank Season 16

Big Ass Luxuries expanded its product line, reached $5 million in annual sales by the end of 2024, and secured brand partnerships that boosted its visibility. (Big Ass Luxuries Shark Tank Update - Shark Tank Season 16

By the end of 2024, Big Ass Luxuries reached $5 million in annual sales. (Big Ass Luxuries Shark Tank Update - Shark Tank Season 16

In May 2025, tour Big Ass Luxuries update found that Big Ass Luxuries partnered with Tart by Taylor for a Mother's Day campaign. (Big Ass Luxuries Shark Tank Update - Shark Tank Season 16

Sources

Sources used for this page: sharktankblog.com