Coat Chex on Shark Tank
Be the first to reviewCoat Chex is a technology-driven coat check system that replaces paper tickets with digital tracking for venues. It is aimed at nightclubs, event spaces and restaurants that want a faster, more secure way to manage guests' coats and bags.
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⏱ Coat Chex in 30 seconds
- The ask$200K for 10%Valued at $2M
- In the tankNo dealWalked out without a Shark
- After the showWent it aloneAnd kept going
- TodayStill in business
Coat Chex Shark Tank deal
- Asked for
- $200,000 for 10%
- Asking valuation
- $2M
- Result
- No deal
- Founders
- Derek Pacque
- From
- New York, NY
- Aired
- Sep 14, 2012
Would you have invested in Coat Chex?
The pitch
Derek Pacque from New York, NY pitched Coat Chex in Shark Tank Season 4, Episode 1 (aired Sep 14, 2012). They asked for $200,000 in exchange for 10% equity, valuing the business at $2M. They left the Tank without a deal, but the business kept going after the show.
What happened to Coat Chex after Shark Tank?
Still in business Last checked October 3, 2026
As of our last check (October 2026), Coat Chex appears to still be in business. Its official website is online.
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Reviews of Coat Chex
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Frequently asked questions
Did Coat Chex get a deal on Shark Tank?
No. Coat Chex did not get a deal on Shark Tank after asking for $200,000 for 10%.
Is Coat Chex still in business?
As of our last check (October 2026), Coat Chex appears to still be in business. Its official website is online.
What season and episode was Coat Chex on Shark Tank?
Coat Chex appeared in Season 4, Episode 1, which first aired on September 14, 2012.
Where can I buy Coat Chex?
You can buy Coat Chex from its official website and often on Amazon.
What was Coat Chex's valuation on Shark Tank?
The founders valued Coat Chex at $2,000,000 when they entered the Tank.