Bottle Bright Shark Tank Update

Bottle Bright Shark Tank Pitch

Justin Koehneke and Seth Friedman appeared on Shark Tank Season 6, Episode 14, which aired on January 12, 2015, with water bottle cleaning tablets.

Bottle Bright is listed in the Other category. In plain terms, the business is described as water bottle cleaning tablets.

Bottle Bright asked the Sharks for $75,000 for 15%, implying a valuation of about $500,000.

On the show, Bottle Bright made a listed deal with Lori Greiner for $75,000 for 33.3%.

If treated as straight equity, the listed deal works out to about $225,225.225 implied valuation, down from the original $500,000 implied valuation.

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

Bottle Bright After Shark Tank

Bottle Bright accepted an on-air Shark Tank deal for $75,000 for 33.3%. The company was acquired by Hydrapak for an undisclosed amount in 2016. (Bottle Bright Shark Tank Update

The company got their product in stores like Dick’s Sporting Goods, Bed, Bath and Beyond and Amazon. (Bottle Bright Shark Tank Update

The official website for Bottle Bright is listed as bottlebright.com. (Bottle Bright website

Sources

Sources used for this page: Shark Tank API pitches