Shark Tank Pitch

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

Stringys Shark Tank Update

2m

Consumer Products

Pitch Overview
NameStringys
Main PresentersOlivia Karina, Elvira Troger
Order Shown in Episode2
Final DealDeal was made on the show with sharks for $300,000 for 3% equity plus $0.22 in perpetuity.

Stringys Shark Tank Pitch

Olivia Karina and Elvira Troger appeared on Shark Tank Season 16, Episode 20, which aired on May 16, 2025, with Invisible undergarments.

Stringys is listed in the Consumer Products category. In plain terms, the business is described as Invisible undergarments.

Stringys asked the Sharks for $300,000 for 5% equity, implying a valuation of about $6 million.

On the show, Stringys made a listed deal for $300,000 for 3% equity plus $0.22 in perpetuity.

If treated as straight equity, the listed deal works out to about $10 million implied valuation, up from the original $6 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$300,000 for 5% equity
SharksDeal$300,000 for 3% equity plus $0.22 in perpetuity

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Stringys After Shark Tank

Stringys accepted an on-air deal for $300,000 for 3% equity plus $0.22 in perpetuity. After filming, the on-air deal closed. (Stringys Shark Tank Update — Shark Tank Season 16 , Stringys Update | Shark Tank Season 16 ).
After securing a deal with Barbara Corcoran, the net worth of Stringys was $10 million on Shark Tank, and its projected sales were $1.8 million in 2024. (Stringys Shark Tank Update — Shark Tank Season 16 , Stringys Update | Shark Tank Season 16 ).
Following Stringys's deal with Barbara, Stringys continues selling primarily D2C through its website while expanding its wholesale presence. (Stringys Shark Tank Update — Shark Tank Season 16 , Stringys Update | Shark Tank Season 16 ).
Stringys finally, Barbara closed the deal at $300,000 for 3% with 22 cents of royalty in perpetuity. (Stringys Shark Tank Update — Shark Tank Season 16 , Stringys Update | Shark Tank Season 16 ).
Stringys has not confirmed if the deal with Barbara Corcoran closed. (Stringys Shark Tank Update — Shark Tank Season 16 , Stringys Update | Shark Tank Season 16 ).

Sources

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

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