GITNUX MARKETDATA REPORT 2024

Successful Shark Tank Companies Statistics

Successful companies that appear on Shark Tank typically receive an average valuation of around $1.7 million and see an average revenue increase of 124% after the show airs.

In this post, we explore the compelling statistics behind successful companies that have appeared on the hit TV show ‘Shark Tank’. From the number of pitches made to the impressive revenue generated post-deals, these figures shed light on the journey of entrepreneurs seeking investment and mentorship from the show’s panel of sharks.

Statistic 1

"Over 10 years and 11 seasons, 'Shark Tank' has seen 895 pitches."

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Statistic 2

"Only 56% of businesses that appear on ‘Shark Tank’ receive an offer."

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Statistic 3

"By 2019, more than $100 million of deals have been made on the show."

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Statistic 4

"Around 43% of companies that got a deal on Shark Tank are now defunct."

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Statistic 5

"Scrub Daddy, which appeared on the show in 2012, has done over $209 million in retail sales."

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Statistic 6

"Over 60% of finalized deals end up being renegotiated or fall apart after the show."

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Statistic 7

"The company with the highest sales post 'Shark Tank' is Bombas, with over $225 million in revenue."

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Statistic 8

"The largest deal in Shark Tank history was $2.5 million for 10% of a company named Bottle Breacher."

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Statistic 9

"Women entrepreneurs have a 10% higher success rate of getting funded on the show than men."

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Statistic 10

"Entrepreneurs in the food industry obtained the highest number of deals on Shark Tank."

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Statistic 11

"Mark Cuban has invested the most money of all the sharks, with over $22 million."

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Statistic 12

"In 2017, the total sum from the sharks' investments was over $100 million."

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Statistic 13

"Sleep Styler raised over $100 million in revenue after appearing on Shark Tank."

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Statistic 14

"A product called Squatty Potty made $30 million in sales after its Shark Tank exposure."

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Statistic 15

"The product with the fastest selling rate after Shark Tank is the Simply Fit Board, selling 1.5 million units."

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In conclusion, the statistics surrounding the successes and failures of companies on ‘Shark Tank’ paint a complex picture of entrepreneurship and investment. While the show has facilitated over $100 million in deals and propelled certain products to massive success, it is also evident that securing a deal does not guarantee long-term viability. With a significant percentage of companies defunct post-show and a majority of deals facing renegotiation or collapse, it is clear that the journey beyond the tank is fraught with challenges. Women entrepreneurs have shown a slightly higher success rate in securing funding on the show, and certain industries such as food have been particularly successful in obtaining deals. The involvement of investors like Mark Cuban has added significant value to the show, indicating both the promise and limitations of the ‘Shark Tank’ platform in the world of business.

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