Plunge on Shark Tank

Name: Plunge
Price: 5000 USD
Availability: InStock

Plunge makes at-home cold plunge tubs with built-in chilling and filtration for cold-water immersion. The tubs are aimed at athletes and wellness enthusiasts who want regular cold therapy without filling a tub with ice.

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Official website checked Nov 1, 2026.

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Typical price: about $5,000 (may vary)

⏱ Plunge in 30 seconds

The ask$1.2M for 5%Valued at $24M
In the tankDeal: $1.2M for 12%With Robert
After the showDeal fell throughDidn't close after taping
TodayStill in business

Plunge Shark Tank deal

Asked for: $1,200,000 for 5%
Asking valuation: $24M
Result: Deal
Final deal: $1,200,000 for 12%
Deal valuation: $10M
Shark: Robert Herjavec
Founders: Michael Garrett and Ryan Duey
From: -
Aired: May 2, 2022

Deal notes: plus $1.2M loan

Asked

$24M

Got

$10M

Would you have invested in Plunge?

The pitch

Michael Garrett and Ryan Duey pitched Plunge in Shark Tank Season 13, Episode 21 (aired May 2, 2022). They asked for $1,200,000 in exchange for 5% equity, valuing the business at $24M. The entrepreneurs walked away with a deal from Robert Herjavec: $1,200,000 for 12%. That put the final valuation at $10M, 58% below what they originally asked for.