✓ Got a deal Acquired Season 7, Ep. 14 💄 Fashion & Beauty

Beard King on Shark Tank

Beard King makes the Beard Bib, a cape that attaches to a mirror with suction cups to catch hair while trimming. It aims to make shaving and beard trimming cleanup easier.

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⏱ Beard King in 30 seconds

The ask$100K for 20%Valued at $500K
In the tankDeal: $100K for 45%With Lori
After the showNot confirmedNo public record either way
TodayAcquiredOwner Raj Patel sold Beard King to Thrasio in September 2022.

Beard King Shark Tank deal

Asked for: $100,000 for 20%
Asking valuation: $500K
Result: Deal
Final deal: $100,000 for 45%
Deal valuation: $222.2K
Shark: Lori Greiner
Founders: -
From: -
Aired: Jan 15, 2016

Asked

$500K

Got

$222.2K

Would you have invested in Beard King?

The pitch

The founders pitched Beard King in Shark Tank Season 7, Episode 14 (aired Jan 15, 2016). They asked for $100,000 in exchange for 20% equity, valuing the business at $500K. The entrepreneurs walked away with a deal from Lori Greiner: $100,000 for 45%. That put the final valuation at $222.2K, 56% below what they originally asked for.