EggMazing on Shark Tank

Name: EggMazing
Price: 20 USD
Availability: InStock

EggMazing is an Easter egg decorator that spins an egg while kids color it with markers. It offers a less messy alternative to traditional dye kits and is designed for families decorating eggs together.

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Typical price: about $20 (may vary)

⏱ EggMazing in 30 seconds

The ask$350K for 7%Valued at $5M
In the tankDeal: $150K for 10%With Lori · plus royalty
After the showNot confirmedNo public record either way
TodayStill in business

EggMazing Shark Tank deal

Asked for: $350,000 for 7%
Asking valuation: $5M
Result: Deal
Final deal: $150,000 for 10%
Deal valuation: $1.5M
Shark: Lori Greiner
Structure: Royalty
Founders: -
From: TX
Aired: Feb 18, 2018

Asked

$5M

Got

$1.5M

Would you have invested in EggMazing?

The pitch

The founders from TX pitched EggMazing in Shark Tank Season 9, Episode 23 (aired Feb 18, 2018). They asked for $350,000 in exchange for 7% equity, valuing the business at $5M. The entrepreneurs walked away with a deal from Lori Greiner: $150,000 for 10%. That put the final valuation at $1.5M, 70% below what they originally asked for. The deal included a royalty.