MobCraft Beer Shark Tank Update

MobCraft Beer Shark Tank Pitch

Henry Schwartz appeared on Shark Tank Season 7, Episode 21, which aired on March 10, 2016, with crowdsourced beer crafting where beer lovers decide which recipes are produced.

MobCraft Beer is listed in the Food Beverage category. In plain terms, the business is described as crowdsourced beer crafting where beer lovers decide which recipes are produced.

MobCraft Beer asked the Sharks for $400,000 for 16%, implying a valuation of about $2.5 million.

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

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

MobCraft Beer After Shark Tank

MobCraft Beer left Shark Tank without a deal, but the brewery continued building its crowdsourced beer model after the episode. (MobCraft Beer Shark Tank Blog update

Follow-up reporting put annual revenue at about $4.5 million before the company ran into later pressure from expansion and production costs. (MobCraft Beer Shark Tank Blog update

The original Walker's Point brewery and taproom closed in late 2024 after the business was put up for sale. (Urban Milwaukee MobCraft reopening coverage

In 2025, former MobCraft employee Sarah Halstead and Michael Halstead bought the shuttered brewery operation and intellectual property, then moved to reopen the Walker's Point taproom under the MobCraft name. (Urban Milwaukee MobCraft reopening coverage

OnMilwaukee reported that the reopened taproom returned to the public in 2025, so the brand continues under new ownership rather than the original Shark Tank ownership group. (OnMilwaukee MobCraft reopening coverage

Sources

Sources used for this page: Shark Tank API pitches