The Original Stretchlace on Shark Tank

The Original Stretchlace makes elastic laces that turn any laced shoe into a slip-on. They are aimed at kids, older adults, and busy people who want to put on shoes without tying them.

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Official website checked Nov 1, 2026.

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⏱ The Original Stretchlace in 30 seconds

The ask$100K for 15%Valued at $666.7K
In the tankDeal: $100K for 30%With Robert
After the showNot confirmedNo public record either way
TodayStill in business

The Original Stretchlace Shark Tank deal

Asked for: $100,000 for 15%
Asking valuation: $666.7K
Result: Deal
Final deal: $100,000 for 30%
Deal valuation: $333.3K
Shark: Robert Herjavec
Founders: Jamie and David Montz
From: -
Aired: May 14, 2021

Asked

$666.7K

Got

$333.3K

Would you have invested in The Original Stretchlace?

The pitch

Jamie and David Montz pitched The Original Stretchlace in Shark Tank Season 12, Episode 24 (aired May 14, 2021). They asked for $100,000 in exchange for 15% equity, valuing the business at $666.7K. The entrepreneurs walked away with a deal from Robert Herjavec: $100,000 for 30%. That put the final valuation at $333.3K, 50% below what they originally asked for.

What happened to The Original Stretchlace after Shark Tank?

Still in business Last checked November 1, 2026

Our checks

Nov 1, 2026: Product photo added from the official website.
Nov 1, 2026: Visited the official website: it is working.

As of our last check (November 2026), The Original Stretchlace appears to still be in business. Its official website is online.

Sources (2)

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Frequently asked questions

Did The Original Stretchlace get a deal on Shark Tank?

Yes. The Original Stretchlace got a deal with Robert Herjavec for $100,000 and 30% equity.

Which Shark invested in The Original Stretchlace?

Robert Herjavec invested in The Original Stretchlace on Season 12 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is The Original Stretchlace still in business?

As of our last check (November 2026), The Original Stretchlace appears to still be in business. Its official website is online.

What season and episode was The Original Stretchlace on Shark Tank?

The Original Stretchlace appeared in Season 12, Episode 24, which first aired on May 14, 2021.

Where can I buy The Original Stretchlace?

You can buy The Original Stretchlace from its official website and often on Amazon.

What was The Original Stretchlace's valuation on Shark Tank?

The founders valued The Original Stretchlace at $666,667 when they entered the Tank, and the final deal valued it at $333,333.