Touch Up Cup on Shark Tank

Touch Up Cup is a resealable container for storing leftover paint for later touch-ups. It is aimed at homeowners and painters who want to keep small amounts of paint fresh and ready without opening a full can.

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⏱ Touch Up Cup in 30 seconds

The ask$150K for 17.5%Valued at $857.1K
In the tankDeal: $200K for 25%With Blake
After the showNot confirmedNo public record either way
TodayStill in business

Touch Up Cup Shark Tank deal

Asked for: $150,000 for 17.5%
Asking valuation: $857.1K
Result: Deal
Final deal: $200,000 for 25%
Deal valuation: $800K
Shark: Blake Mycoskie
Founders: -
From: -
Aired: Oct 16, 2020

Asked

$857.1K

Got

$800K

Would you have invested in Touch Up Cup?

The pitch

The founders pitched Touch Up Cup in Shark Tank Season 12, Episode 1 (aired Oct 16, 2020). They asked for $150,000 in exchange for 17.5% equity, valuing the business at $857.1K. The entrepreneurs walked away with a deal from Blake Mycoskie: $200,000 for 25%. That put the final valuation at $800K, 7% below what they originally asked for.