ChompShop Shark Tank Update

ChompShop Shark Tank Pitch

ChompShop appeared on Shark Tank Season 16, Episode 5, which aired on November 15, 2024, with Cardboard Cutter.

ChompShop is listed in the Home category. In plain terms, the business is described as Cardboard Cutter.

ChompShop asked the Sharks for Ask unavailable.

On the show, ChompShop made a listed deal for $250,000 for 15% equity.

If treated as straight equity, the listed deal works out to about $1.7 million implied valuation.

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

ChompShop After Shark Tank

ChompShop accepted an on-air deal for $250,000 for 15% equity. ChompShop remained active after the episode. (ChompShop - Shark Tank Season 16

shortly after its episode was filmed, ChompShop initiated the fulfillment of its Kickstarter orders, shipping 4,000 bundles as of October 2024. (ChompShop - Shark Tank Season 16

As of October 2024, ChompShop began fulfilling orders from ChompShop's Kickstarter campaign, dispatching 4,000 Kickstarter Bundles, each comprising a ChompSaw, hole punch, and scoring tool. (ChompShop - Shark Tank Season 16

In terms of sales, Kausi revealed that in October 2023, ChompShop ran a Kickstarter campaign and raised $1,175,102. (ChompShop - Shark Tank Season 16

ChompShop max and Kausi pitched ChompSaw in Shark Tank Season 16. (ChompShop - Shark Tank Season 16

Sources

Sources used for this page: sharktankblog.com