IncrEDIBLE Eats on Shark Tank

IncrEDIBLE Eats makes edible spoons and straws as an alternative to single-use plastic utensils. They are aimed at eco-conscious consumers, restaurants, and events looking to reduce plastic waste at meals and gatherings.

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⏱ IncrEDIBLE Eats in 30 seconds

The ask$500K for 7%Valued at $7.14M
In the tankDeal: $500K for 15%With Lori
After the showNot confirmedNo public record either way
TodayStill in business

IncrEDIBLE Eats Shark Tank deal

Asked for: $500,000 for 7%
Asking valuation: $7.14M
Result: Deal
Final deal: $500,000 for 15%
Deal valuation: $3.33M
Shark: Lori Greiner
Founders: Dinesh Tadepalli
From: -
Aired: Oct 22, 2021

Asked

$7.14M

Got

$3.33M

Would you have invested in IncrEDIBLE Eats?

The pitch

Dinesh Tadepalli pitched IncrEDIBLE Eats in Shark Tank Season 13, Episode 3 (aired Oct 22, 2021). They asked for $500,000 in exchange for 7% equity, valuing the business at $7.14M. The entrepreneurs walked away with a deal from Lori Greiner: $500,000 for 15%. That put the final valuation at $3.33M, 53% below what they originally asked for.