✓ Got a deal Status unconfirmed Season 9, Ep. 11 🏠 Home & Lifestyle

ProntoBev on Shark Tank

ProntoBev is an instant beverage chiller designed to cool wine and other drinks quickly. It is aimed at hosts who need to chill bottles fast before parties and dinners without waiting hours in the refrigerator.

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⏱ ProntoBev in 30 seconds

The ask$100K for 5%Valued at $2M
In the tankDeal: $100K for 25%With Mark
After the showNot confirmedNo public record either way
TodayStatus unconfirmed

ProntoBev Shark Tank deal

Asked for: $100,000 for 5%
Asking valuation: $2M
Result: Deal
Final deal: $100,000 for 25%
Deal valuation: $400K
Shark: Mark Cuban
Founders: -
From: CA
Aired: Nov 12, 2017

Asked

$2M

Got

$400K

Would you have invested in ProntoBev?

The pitch

The founders from CA pitched ProntoBev in Shark Tank Season 9, Episode 11 (aired Nov 12, 2017). They asked for $100,000 in exchange for 5% equity, valuing the business at $2M. The entrepreneurs walked away with a deal from Mark Cuban: $100,000 for 25%. That put the final valuation at $400K, 80% below what they originally asked for.