✕ No deal Acquired Season 8, Ep. 21 💻 Technology & Software

Validated on Shark Tank

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Validated is an app that lets users earn credit toward transportation costs, such as rides and parking, through participating businesses. It aims to make getting to and from merchants less costly.

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⏱ Validated in 30 seconds

  1. The ask$250K for 8%Valued at $3.13M
  2. In the tankNo dealWalked out without a Shark
  3. After the showWent it aloneAnd kept going
  4. TodayAcquiredBought by ReachNow, the BMW-run rideshare and car-sharing app formerl…

Validated Shark Tank deal

Asked for
$250,000 for 8%
Asking valuation
$3.13M
Result
No deal
Founders
-
From
OR
Aired
Apr 14, 2017

Would you have invested in Validated?

The pitch

The founders from OR pitched Validated in Shark Tank Season 8, Episode 21 (aired Apr 14, 2017). They asked for $250,000 in exchange for 8% equity, valuing the business at $3.13M. They left the Tank without a deal.

What happened to Validated after Shark Tank?

Acquired

Validated was acquired: Bought by ReachNow, the BMW-run rideshare and car-sharing app formerly called moovel, in May 2019. ReachNow shut down about two months later in July 2019, and the Validated app and website are gone..

Sources (1)
  1. bgr.com/2153739/what-happened-validated-app-from-shark-tank-season-8/
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Frequently asked questions

Did Validated get a deal on Shark Tank?

No. Validated did not get a deal on Shark Tank after asking for $250,000 for 8%.

Is Validated still in business?

Validated was acquired: Bought by ReachNow, the BMW-run rideshare and car-sharing app formerly called moovel, in May 2019. ReachNow shut down about two months later in July 2019, and the Validated app and website are gone..

What season and episode was Validated on Shark Tank?

Validated appeared in Season 8, Episode 21, which first aired on April 14, 2017.

Where can I buy Validated?

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

What was Validated's valuation on Shark Tank?

The founders valued Validated at $3,125,000 when they entered the Tank.

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