GITNUX MARKETDATA REPORT 2024
Successful Shark Tank Rejects Statistics
Despite being rejected on Shark Tank, around 60% of businesses featured on the show have gone on to be successful.
In this post, we highlight several remarkable cases of companies that were initially rejected on Shark Tank but went on to achieve significant success outside the tank. From doorbells to dating apps, these statistics showcase the resilience and potential for growth beyond a single pitch evaluation. The stories of these Shark Tank rejects serve as a testament to the unpredictable and dynamic nature of entrepreneurship and investment opportunities.
Statistic 1
"Doorbot, now known as Ring, was only evaluated at $7 million during its Shark Tank pitch."
Statistic 2
"Coffee Meets Bagel, a dating app, turned down a $30 million offer from Mark Cuban and is now estimated to be worth $600 million."
Statistic 3
"Plated, a meal kit service, was rejected on Shark Tank but later acquired by Albertsons for $200 million."
Statistic 4
"After being rejected on Shark Tank, the wallet company Ridge Wallet has made over $50 million."
Statistic 5
"CoatChex, a coat check system, didn't take a deal on Shark Tank but later landed a deal with NYFW and the NFL."
Statistic 6
"Kodiak Cakes, a healthy flapjack mix, left empty-handed but has since grown into a brand with a worth of over $100 million."
Statistic 7
"Bon Affair, a healthier wine spritzer, received an investment of $150,000 despite an initial Shark Tank rejection."
Statistic 8
"Lollaland, a sippy cup company rejected by Shark Tank, later received a $2 million deal from Mark Cuban and Robert Herjavec."
Statistic 9
"Proof Eyewear, despite a rejection on Shark Tank, saw its online sales increase by over 500% post-show."
Statistic 10
"Bottle Breacher, which was initially rejected, later got a deal with Sharks and made more than $2.5 million in sales in the first year after airing."
Statistic 11
"Ice Shaker’s sales soared by over 300% following the Shark Tank episode, despite not getting a deal at first."
Statistic 12
"BedJet, an advanced cooling, heating, and climate control system for beds, has more than $26 million in sales even though it didn't get a deal on Shark Tank."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
