BearTek Shark Tank Update

BearTek Shark Tank Pitch

Willie Blount and Tarik Rodgers appeared on Shark Tank Season 7, Episode 16, which aired on February 4, 2016, with gloves that wirelessly control phones and cameras.

BearTek is listed in the Software Tech category. In plain terms, the business is described as gloves that wirelessly control phones and cameras.

BearTek asked the Sharks for $500,000 for 5%, implying a valuation of about $10 million.

The source data lists no completed on-air deal for BearTek.

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

BearTek After Shark Tank

BearTek left Shark Tank without an on-air deal. Follow-up reporting lists the post-show status as out of business. (BearTek Shark Tank Update

Without an investment from the Sharks, Beartek started an IndieGoGo campaign which raised $60K. (BearTek Shark Tank Update

However, additional challenges have come up where we have to take BearTek into hibernation for a little while until we find the right partners/investors to help take this to the next level and beyond. (BearTek Shark Tank Update

As of November, 2021, the gloves continue to be sold on Amazon. (BearTek Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches