Tailgate N' Go on Shark Tank

Tailgate N Go is a product designed to make tailgating easier by keeping food, drinks, and gear organized at the vehicle. It is aimed at sports fans and outdoor partygoers who set up before games and events.

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⏱ Tailgate N' Go in 30 seconds

The ask$250K for 10%Valued at $2.5M
In the tankDeal: $250K for 20%With Matt · plus royalty
After the showNot confirmedNo public record either way
TodayStill in business

Tailgate N' Go Shark Tank deal

Asked for: $250,000 for 10%
Asking valuation: $2.5M
Result: Deal
Final deal: $250,000 for 20%
Deal valuation: $1.25M
Shark: Matt Higgins
Structure: Royalty
Founders: Ron, Taylor, and Kobe Johnson
From: -
Aired: Oct 27, 2019

Asked

$2.5M

Got

$1.25M

Would you have invested in Tailgate N' Go?

The pitch

Ron, Taylor, and Kobe Johnson pitched Tailgate N' Go in Shark Tank Season 11, Episode 5 (aired Oct 27, 2019). They asked for $250,000 in exchange for 10% equity, valuing the business at $2.5M. The entrepreneurs walked away with a deal from Matt Higgins: $250,000 for 20%. That put the final valuation at $1.25M, 50% below what they originally asked for. The deal included a royalty.