✓ Got a deal Still in business Season 6, Ep. 18 🏠 Home & Lifestyle

FunBites on Shark Tank

FunBites is a kitchen tool that cuts sandwiches, fruits and other foods into bite-sized fun shapes. It is aimed at parents trying to get picky eaters to eat more at mealtime.

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⏱ FunBites in 30 seconds

The ask$75K for 20%Valued at $375K
In the tankDeal: $75K for 25%With Lori
After the showNot confirmedNo public record either way
TodayStill in business

FunBites Shark Tank deal

Asked for: $75,000 for 20%
Asking valuation: $375K
Result: Deal
Final deal: $75,000 for 25%
Deal valuation: $300K
Shark: Lori Greiner
Founders: Bobbie Rhoads
From: New York, NY
Aired: Feb 6, 2015

Asked

$375K

Got

$300K

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Where to buy: Amazon

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Would you have invested in FunBites?

The pitch

Bobbie Rhoads from New York, NY pitched FunBites in Shark Tank Season 6, Episode 18 (aired Feb 6, 2015). They asked for $75,000 in exchange for 20% equity, valuing the business at $375K. The entrepreneurs walked away with a deal from Lori Greiner: $75,000 for 25%. That put the final valuation at $300K, 20% below what they originally asked for.