Tranquilo Shark Tank Update

Tranquilo Shark Tank Pitch

Melissa Gersin appeared on Shark Tank Season 8, Episode 16, which aired on February 9, 2017, with sleep-inducing baby mat.

Tranquilo is listed in the Children category. In plain terms, the business is described as sleep-inducing baby mat.

Tranquilo asked the Sharks for $100,000 for 10%, implying a valuation of about $1 million.

On the show, Tranquilo made a listed deal with Robert Herjavec for $200,000 for 15%.

If treated as straight equity, the listed deal works out to about $1.3 million implied valuation, up from the original $1 million implied valuation.

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

Tranquilo After Shark Tank

Sources