Shark Tank founder · Season 3

Travis Perry

Founder of ChordBuddy

On the show
S3 · Ep 3
Result
Deal · $175K
Company today
Still in business

Who is Travis Perry?

Travis Perry grew up on a peanut and cattle farm in Lower Alabama and started playing guitar at age nine. He made his living as a performing musician and music teacher for decades, giving lessons on guitar, Dobro, banjo, mandolin and fiddle, and watched many beginners quit within a few months. He had the idea for a learning aid as a teenager but did not build it until his daughter wanted to learn guitar. The result was ChordBuddy, a clip-on device with color-coded tabs that lets beginners play chords right away, which he describes as training wheels for the guitar.

Perry pitched on Shark Tank in Season 3, asking $125,000 for 10% with about $150,000 in sales. Several sharks made offers, and he chose Robert Herjavec: $125,000 for 20%, plus a pledge of $50,000 more for an infomercial. ChordBuddy became a strong seller on Amazon and returned for a Season 4 update featuring country singer John Rich. Based in Dothan, Alabama, the company has since grown to more than 20 products, including PERRY Guitars, ukuleles, songbooks and tuners, and Perry has pushed to add guitar programs to U.S. schools.

Sources (3)
  1. fshnmagazine.com/artist-spotlight-travis-perry-chordbuddy/
  2. sharktankblog.com/business/chord-buddy/
  3. alabamanewscenter.com/2023/11/26/how-dothan-alabamas-chordbuddy-maintains-its-suc…

Written from published interviews, company announcements and news coverage. How we research · Suggest a correction

The Shark Tank deal

Video: Chord Buddy! - Shark Tank · ABC on YouTube

Travis Perry from Dothan, AL pitched Chord Buddy in Shark Tank Season 3, Episode 3 (aired Feb 3, 2012). They asked for $125,000 in exchange for 10% equity, valuing the business at $1.25M. The entrepreneurs walked away with a deal from Robert Herjavec: $175,000 for 20%. That put the final valuation at $875K, 30% below what they originally asked for.

✅ The on-air deal closed after due diligence.

Chord Buddy update, prices & reviews →

Frequently asked questions

What is Travis Perry doing now?

He continues to run ChordBuddy from Dothan, Alabama, selling guitars, ukuleles and learning products, and advocates for guitar programs in American schools.

What deal did ChordBuddy get on Shark Tank?

Robert Herjavec invested $125,000 for 20%, with a pledge of another $50,000 for an infomercial.

Why did Travis Perry invent ChordBuddy?

After years of teaching guitar and seeing beginners give up, he built it to help his daughter learn, letting new players form chords immediately.

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