SynDaver Labs Shark Tank Update

SynDaver Labs Shark Tank Pitch

Christopher Sakezies appeared on Shark Tank Season 6, Episode 28, which aired on May 8, 2015, with synthetic human cadavers for education.

SynDaver Labs is listed in the Education category. In plain terms, the business is described as synthetic human cadavers for education.

SynDaver Labs asked the Sharks for $3,000,000 for 10%, implying a valuation of about $30 million.

On the show, SynDaver Labs made a listed deal with Robert Herjavec for $3,000,000 for 25%.

If treated as straight equity, the listed deal works out to about $12 million implied valuation, down from the original $30 million implied valuation.

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

SynDaver Labs After Shark Tank

SynDaver Labs accepted an on-air Shark Tank deal for $3,000,000 for 25%. The on-air deal did not close. Follow-up reporting lists the company as in business. (SynDaver Labs Shark Tank Update

The company is still in operation with tens of millions in sales as of April, 2021. (SynDaver Labs Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches