✓ Got a deal Status unconfirmed Season 8, Ep. 4 🍽️ Food & Drink

Biem on Shark Tank

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Biem is a kitchen device that converts a stick of butter into a sprayable form. It aims to make coating pans, popcorn, vegetables and other foods with butter easier, more even and less wasteful for home cooks.

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⏱ Biem in 30 seconds

  1. The ask$500K for 5%Valued at $10M
  2. In the tankDeal: $500K for 14%With Lori
  3. After the showNot confirmedNo public record either way
  4. TodayStatus unconfirmed

Biem Shark Tank deal

Asked for
$500,000 for 5%
Asking valuation
$10M
Result
Deal
Final deal
$500,000 for 14%
Deal valuation
$3.57M
Founders
-
From
TX
Aired
Oct 14, 2016
Asked
$10M
Got
$3.57M

Would you have invested in Biem?

The pitch

The founders from TX pitched Biem in Shark Tank Season 8, Episode 4 (aired Oct 14, 2016). They asked for $500,000 in exchange for 5% equity, valuing the business at $10M. The entrepreneurs walked away with a deal from Lori Greiner: $500,000 for 14%. That put the final valuation at $3.57M, 64% below what they originally asked for.

What happened to Biem after Shark Tank?

Status unconfirmed

We couldn't confirm whether Biem is still operating. Its website did not respond at our last check. Readers can share updates in the reviews.

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Frequently asked questions

Did Biem get a deal on Shark Tank?

Yes. Biem got a deal with Lori Greiner for $500,000 and 14% equity.

Which Shark invested in Biem?

Lori Greiner invested in Biem on Season 8 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is Biem still in business?

We couldn't confirm whether Biem is still operating. Its website did not respond at our last check. Readers can share updates in the reviews.

What season and episode was Biem on Shark Tank?

Biem appeared in Season 8, Episode 4, which first aired on October 14, 2016.

Where can I buy Biem?

Search for Biem on Amazon or major retailers; availability varies.

What was Biem's valuation on Shark Tank?

The founders valued Biem at $10,000,000 when they entered the Tank, and the final deal valued it at $3,571,429.

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