✓ Got a deal Status unconfirmed Season 8, Ep. 4 💄 Fashion & Beauty

Solemates on Shark Tank

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Solemates makes small caps that fit over the tips of high heels to keep them from sinking into grass and catching in cracks. They are popular for outdoor weddings, garden parties and other events on lawns.

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⏱ Solemates in 30 seconds

  1. The ask$500K for 10%Valued at $5M
  2. In the tankDeal: $500K for 20%With Robert
  3. After the showNot confirmedNo public record either way
  4. TodayStatus unconfirmed

Solemates Shark Tank deal

Asked for
$500,000 for 10%
Asking valuation
$5M
Result
Deal
Final deal
$500,000 for 20%
Deal valuation
$2.5M
Founders
-
From
NY
Aired
Oct 14, 2016
Asked
$5M
Got
$2.5M

Would you have invested in Solemates?

The pitch

The founders from NY pitched Solemates in Shark Tank Season 8, Episode 4 (aired Oct 14, 2016). They asked for $500,000 in exchange for 10% equity, valuing the business at $5M. The entrepreneurs walked away with a deal from Robert Herjavec: $500,000 for 20%. That put the final valuation at $2.5M, 50% below what they originally asked for.

What happened to Solemates after Shark Tank?

Status unconfirmed

We couldn't confirm whether Solemates is still operating. Its website did not respond at our last check. Readers can share updates in the reviews.

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Frequently asked questions

Did Solemates get a deal on Shark Tank?

Yes. Solemates got a deal with Robert Herjavec for $500,000 and 20% equity.

Which Shark invested in Solemates?

Robert Herjavec invested in Solemates on Season 8 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is Solemates still in business?

We couldn't confirm whether Solemates is still operating. Its website did not respond at our last check. Readers can share updates in the reviews.

What season and episode was Solemates on Shark Tank?

Solemates appeared in Season 8, Episode 4, which first aired on October 14, 2016.

Where can I buy Solemates?

Search for Solemates on Amazon or major retailers; availability varies.

What was Solemates's valuation on Shark Tank?

The founders valued Solemates at $5,000,000 when they entered the Tank, and the final deal valued it at $2,500,000.

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