Aqua Vault Shark Tank Update

Aqua Vault Shark Tank Pitch

Johnathan Kinas, Alvin Samtani, and Rob Peck appeared on Shark Tank Season 6, Episode 22, which aired on March 13, 2015, with portable outdoor safe for keeping personal items safe while at the beach.

Aqua Vault is listed in the Other category. In plain terms, the business is described as portable outdoor safe for keeping personal items safe while at the beach.

Aqua Vault asked the Sharks for $75,000 for 12%, implying a valuation of about $625,000.

On the show, Aqua Vault made a listed deal with Daymond John for $75,000 for 25%.

If treated as straight equity, the listed deal works out to about $300,000 implied valuation, down from the original $625,000 implied valuation.

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

Aqua Vault After Shark Tank

Aqua Vault accepted an on-air Shark Tank deal for $75,000 for 25%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (AquaVault Shark Tank Update

Aqua Vault reported lifetime sales of $26.5 million as of May, 2022, Aqua Vaults can be rented at more than 200 hotels like Marriot, Disney, Margaritaville, Universal Orlando, Atlantis, Hilton and many more, and Aqua Vault closed their deal with Daymond and they have an in-depth update segment in Beyond the Tank episode 203. (AquaVault Shark Tank Update

The official website for Aqua Vault is listed as theaquavault.com. (Aqua Vault website

Sources

Sources used for this page: Shark Tank API pitches