Melni Connectors on Shark Tank

Melni Connectors are electrical wire connectors designed to make joining wires faster, easier and more secure than traditional twist-on wire nuts. They are aimed at professional electricians and do-it-yourselfers working on household wiring.

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⏱ Melni Connectors in 30 seconds

The ask$500K for 5%Valued at $10M
In the tankDeal: $500K for 12%With Mark
After the showNot confirmedNo public record either way
TodayStill in business

Melni Connectors Shark Tank deal

Asked for: $500,000 for 5%
Asking valuation: $10M
Result: Deal
Final deal: $500,000 for 12%
Deal valuation: $4.17M
Shark: Mark Cuban
Founders: Byron Dunn, Mark Melni, and Armand Eckert
From: Twin Falls, ID
Aired: Apr 17, 2015

Asked

$10M

Got

$4.17M

Would you have invested in Melni Connectors?

The pitch

Byron Dunn, Mark Melni, and Armand Eckert from Twin Falls, ID pitched Melni Connectors in Shark Tank Season 6, Episode 25 (aired Apr 17, 2015). They asked for $500,000 in exchange for 5% equity, valuing the business at $10M. The entrepreneurs walked away with a deal from Mark Cuban: $500,000 for 12%. That put the final valuation at $4.17M, 58% below what they originally asked for.