DartDrones Shark Tank Update

DartDrones Shark Tank Pitch

Abby Speicher appeared on Shark Tank Season 8, Episode 18, which aired on February 23, 2017, with drone training and eucational courses.

DartDrones is listed in the Education category. In plain terms, the business is described as drone training and eucational courses.

DartDrones asked the Sharks for $300,000 for 10%, implying a valuation of about $3 million.

On the show, DartDrones made a listed deal with Mark Cuban for $300,000 for 10%.

If treated as straight equity, the listed deal works out to about $3 million implied valuation, roughly the same implied valuation as the ask.

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

DartDrones After Shark Tank

DartDrones accepted an on-air Shark Tank deal for $300,000 for 10%. The on-air deal did not close. The company is still in business. (DartDrones Shark Tank Update

DartDrones reported annual revenue of $5 million as of July 2024. (DartDrones Shark Tank Update

By 2024, they were offering customizable curriculum for high schools, colleges, and STEM classes. (DartDrones Shark Tank Update

They’re also partnering with the FBI, NASA, Boeing, and many big companies like GM and Walmart. (DartDrones Shark Tank Update

As of May 2021, they were down to 30 cities offering classes, but they’ve expanded their curriculum. (DartDrones Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches