Calm Strips on Shark Tank

Calm Strips are textured adhesive strips that stick to phones, laptops, and other objects as a discreet sensory tool. They are aimed at people who want a quiet way to fidget and calm nervous energy.

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⏱ Calm Strips in 30 seconds

The ask$250K for 10%Valued at $2.5M
In the tankDeal: $250K for 0%With Robert · plus royalty
After the showNot confirmedNo public record either way
TodayStill in business

Calm Strips Shark Tank deal

Asked for: $250,000 for 10%
Asking valuation: $2.5M
Result: Deal
Final deal: $250,000 for 0%
Deal valuation: $0
Shark: Robert Herjavec
Structure: Royalty
Founders: Michael Malkin and Luce Fuller
From: -
Aired: Jan 28, 2022

Asked

$2.5M

Got

Would you have invested in Calm Strips?

The pitch

Michael Malkin and Luce Fuller pitched Calm Strips in Shark Tank Season 13, Episode 13 (aired Jan 28, 2022). They asked for $250,000 in exchange for 10% equity, valuing the business at $2.5M. The entrepreneurs walked away with a deal from Robert Herjavec: $250,000 for 0%. That put the final valuation at $0, 100% below what they originally asked for. The deal included a royalty.