Oru Kayak on Shark Tank

Oru Kayak makes kayaks constructed from a single sheet of corrugated plastic that folds origami-style into a portable box. They target paddlers with limited storage space or no roof rack.

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⏱ Oru Kayak in 30 seconds

The ask$500K for 12%Valued at $4.17M
In the tankDeal: $500K for 25%With Robert
After the showNot confirmedNo public record either way
TodayStill in business

Oru Kayak Shark Tank deal

Asked for: $500,000 for 12%
Asking valuation: $4.17M
Result: Deal
Final deal: $500,000 for 25%
Deal valuation: $2M
Shark: Robert Herjavec
Founders: Anton Willis
From: San Francisco, CA
Aired: May 9, 2014

Asked

$4.17M

Got

$2M

Would you have invested in Oru Kayak?

The pitch

Anton Willis from San Francisco, CA pitched Oru Kayak in Shark Tank Season 5, Episode 28 (aired May 9, 2014). They asked for $500,000 in exchange for 12% equity, valuing the business at $4.17M. The entrepreneurs walked away with a deal from Robert Herjavec: $500,000 for 25%. That put the final valuation at $2M, 52% below what they originally asked for.