✓ Got a deal Out of business Season 5, Ep. 22 🍽️ Food & Drink

Plated on Shark Tank

Plated is a meal kit delivery service that sends pre-portioned ingredients and chef-designed recipes to customers' homes. It targets busy home cooks who want to make restaurant-quality meals without planning or grocery shopping.

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⏱ Plated in 30 seconds

The ask$500K for 4%Valued at $12.5M
In the tankDeal: $500K for 5.6%With Mark
After the showDeal fell throughDidn't close after taping
TodayClosedAcquired by Albertsons for $300 million (2017); shut down in 2019

Plated Shark Tank deal

Asked for: $500,000 for 4%
Asking valuation: $12.5M
Result: Deal
Final deal: $500,000 for 5.6%
Deal valuation: $8.99M
Shark: Mark Cuban
Founders: -
From: New York, NY
Aired: Apr 4, 2014

Asked

$12.5M

Got

$8.99M

Would you have invested in Plated?

The pitch

The founders from New York, NY pitched Plated in Shark Tank Season 5, Episode 22 (aired Apr 4, 2014). They asked for $500,000 in exchange for 4% equity, valuing the business at $12.5M. The entrepreneurs walked away with a deal from Mark Cuban: $500,000 for 5.6%. That put the final valuation at $8.99M, 28% below what they originally asked for.

What happened to Plated after Shark Tank?

Out of business Last checked November 1, 2026

Our checks

Nov 1, 2026: Removed the link to the company's website because the address no longer leads to the company.

Plated agreed on air to Mark Cuban's offer of $500,000 for 6%, but the deal never closed because the founders wanted to renegotiate after the business grew. The meal-kit company raised venture money instead, including a $35 million Series B in 2015. In September 2017 the grocery chain Albertsons bought Plated for $300 million. Albertsons shut the service down in November 2019, about two years after buying it.

⚠️ The on-air deal did not close after the show.