Goverre Shark Tank Update

Goverre Shark Tank Pitch

Regan Kelaher and Shannon Zappala appeared on Shark Tank Season 8, Episode 22, which aired on April 21, 2017, with modern, portable wine glass sippy cup for adults.

Goverre is listed in the Other category. In plain terms, the business is described as modern, portable wine glass sippy cup for adults.

Goverre asked the Sharks for $200,000 for 13%, implying a valuation of about $1.5 million.

On the show, Goverre made a listed deal with Mark Cuban, Lori Greiner, and Robert Herjavec for $200,000 for 33.3%.

If treated as straight equity, the listed deal works out to about $600,600.601 implied valuation, down from the original $1.5 million implied valuation.

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

Goverre After Shark Tank

Goverre accepted an on-air Shark Tank deal for $200,000 for 33.3%. The company is still operating after its Shark Tank appearance. (Goverre Shark Tank Update

Goverre reported annual revenue of $1.5 million as of July, 2022. (Goverre Shark Tank Update

The company introduced charcuterie boards and flute shaped sippy cups to the line as well. (Goverre Shark Tank Update

The business gets an update segment in episode 923, a season nine episode held "in the can" and airing during season ten. (Goverre Shark Tank Update

The official website for Goverre is listed as goverre.com. (Goverre website

Sources

Sources used for this page: Shark Tank API pitches