Chess Up on Shark Tank

Chess Up is an electronic chess board with built-in AI that lights up suggested moves and lets players compete against the computer. It is designed to help beginners and children learn chess and improve while playing.

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⏱ Chess Up in 30 seconds

The ask$300K for 5%Valued at $6M
In the tankDeal: $300K for 5%With Lori · plus royalty
After the showNot confirmedNo public record either way
TodayStill in business

Chess Up Shark Tank deal

Asked for: $300,000 for 5%
Asking valuation: $6M
Result: Deal
Final deal: $300,000 for 5%
Deal valuation: $6M
Shark: Lori Greiner
Structure: Royalty
Founders: Jeff Wigh and Adam Roush
From: -
Aired: Dec 9, 2022

Asked

$6M

Got

$6M

Would you have invested in Chess Up?

The pitch

Jeff Wigh and Adam Roush pitched Chess Up in Shark Tank Season 14, Episode 9 (aired Dec 9, 2022). They asked for $300,000 in exchange for 5% equity, valuing the business at $6M. The entrepreneurs walked away with a deal from Lori Greiner: $300,000 for 5%. The deal included a royalty.