✓ Got a deal Out of business Season 7, Ep. 9 💄 Fashion & Beauty

Umano on Shark Tank

Umano makes clothing such as T-shirts featuring artwork drawn by children. A portion of each purchase supports education-related causes for kids in need, connecting the product's design with charitable giving to children's programs.

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⏱ Umano in 30 seconds

The ask$150K for 15%Valued at $1M
In the tankDeal: $150K for 20%With Lori and Mark
After the showNot confirmedNo public record either way
TodayClosedUmano stopped making its clothing in March 2017.

Umano Shark Tank deal

Asked for: $150,000 for 15%
Asking valuation: $1M
Result: Deal
Final deal: $150,000 for 20%
Deal valuation: $750K
Sharks: Lori Greiner, Mark Cuban
Founders: -
From: -
Aired: Nov 20, 2015

Asked

$1M

Got

$750K

Would you have invested in Umano?

The pitch

The founders pitched Umano in Shark Tank Season 7, Episode 9 (aired Nov 20, 2015). They asked for $150,000 in exchange for 15% equity, valuing the business at $1M. The entrepreneurs walked away with a deal from Lori Greiner and Mark Cuban: $150,000 for 20%. That put the final valuation at $750K, 25% below what they originally asked for.