PittMoss Shark Tank Update

PittMoss Shark Tank Pitch

Mont Handley appeared on Shark Tank Season 6, Episode 25, which aired on April 17, 2015, with eco-friendly alternative to peat moss.

PittMoss is listed in the Food Beverage category. In plain terms, the business is described as eco-friendly alternative to peat moss.

PittMoss asked the Sharks for $600,000 for 25%, implying a valuation of about $2.4 million.

On the show, PittMoss made a listed deal with Kevin O'Leary, Mark Cuban, and Robert Herjavec for $600,000 for 35%.

If treated as straight equity, the listed deal works out to about $1.7 million implied valuation, down from the original $2.4 million implied valuation.

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

PittMoss After Shark Tank

PittMoss accepted an on-air Shark Tank deal for $600,000 for 35%. The on-air deal closed. Follow-up reporting lists the company as in business. (PittMoss Shark Tank Update

PittMoss reported annual revenue of $3 million as of October, 2022, Read about his progress in Beyond the Tank Episode 204. The company introduced animal bedding and potting soil products. (PittMoss Shark Tank Update

The official website for PittMoss is listed as pittmoss.com. (PittMoss website

Sources

Sources used for this page: Shark Tank API pitches