Shark Tank Pitch

Seasons 6+ pages were generated with help from AI. Seasons 1-5 were researched and written by hand.

Ash and Anvil Shark Tank Update

2m

Clothing Fashion

Pitch Overview
NameAsh and Anvil
Main PresentersSteven Mazur, Eric Huang
Order Shown in Episode1
Final DealOffer made from sharks

Ash and Anvil Shark Tank Pitch

Steven Mazur and Eric Huang appeared on Shark Tank Season 9, Episode 5, which aired on October 22, 2017, with clothing for men under 5’8”.

Ash and Anvil is listed in the Clothing Fashion category. In plain terms, the business is described as clothing for men under 5’8”.

Ash and Anvil asked the Sharks for $100,000 for 12.5%, implying a valuation of about $800,000.

On the show, Ash and Anvil made a listed deal with Mark Cuban for $150,000 for 25%.

If treated as straight equity, the listed deal works out to about $600,000 implied valuation, down from the original $800,000 implied valuation.

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

Offers

Made ByLabelSharks Part of DealSummary
SharksDealMark Cuban$150,000 for 25%
CompanyOffered$100,000 for 12.5%

Updates in Shark Tank Episodes

Update SeasonUpdate Episode
No Episode Updates

Ash and Anvil After Shark Tank

Ash and Anvil's Shark Tank deal did not close, but the founders quickly turned the exposure into a rebrand: the company became Ash & Erie after trademark concerns around the original name. (Ash and Anvil Shark Tank Update , Ash & Erie website ).
The company passed about $1 million in sales by May 2018 and raised a $1.2 million venture round a year later, giving it outside capital even without the Shark deal. (Ash and Anvil Shark Tank Update ).
Ash & Erie kept serving the shorter men's apparel niche and later added premium polos, summer shorts and rain jackets, showing a move from one fit problem into a fuller clothing line. (Ash and Anvil Shark Tank Update , Ash & Erie website ).

Sources

Sources used for this page: Shark Tank API pitches , Shark Tank API episodes , sharktankblog.com , ashanderie.com .

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