✓ Got a deal Out of business Season 5, Ep. 23 💼 Business Services

Velocity Signs on Shark Tank

Velocity Signs makes mobile signage products for advertising. It targets businesses looking for eye-catching, portable displays to promote their brand or message in high-traffic areas, such as storefronts, events and busy streets.

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⏱ Velocity Signs in 30 seconds

The ask$225K for 15%Valued at $1.5M
In the tankDeal: $225K for 30%With Kevin, Mark and Robert
After the showNot confirmedNo public record either way
TodayClosedVelocity Signs went out of business in January 2019.

Velocity Signs Shark Tank deal

Asked for: $225,000 for 15%
Asking valuation: $1.5M
Result: Deal
Final deal: $225,000 for 30%
Deal valuation: $750K
Sharks: Kevin O'Leary, Mark Cuban, Robert Herjavec
Founders: Scott Adams and Josh Faherty
From: Sacramento, CA
Aired: Apr 10, 2014

Asked

$1.5M

Got

$750K

Would you have invested in Velocity Signs?

The pitch

Scott Adams and Josh Faherty from Sacramento, CA pitched Velocity Signs in Shark Tank Season 5, Episode 23 (aired Apr 10, 2014). They asked for $225,000 in exchange for 15% equity, valuing the business at $1.5M. The entrepreneurs walked away with a deal from Kevin O'Leary, Mark Cuban and Robert Herjavec: $225,000 for 30%. That put the final valuation at $750K, 50% below what they originally asked for.

What happened to Velocity Signs after Shark Tank?

Out of business

Velocity Signs appears to be out of business (Velocity Signs went out of business in January 2019.).

Sources (1)

sharktankblog.com/business/velocity-signs

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Frequently asked questions

Did Velocity Signs get a deal on Shark Tank?

Yes. Velocity Signs got a deal with Kevin O'Leary, Mark Cuban and Robert Herjavec for $225,000 and 30% equity.

Which Shark invested in Velocity Signs?

Kevin O'Leary, Mark Cuban and Robert Herjavec invested in Velocity Signs on Season 5 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is Velocity Signs still in business?

Velocity Signs appears to be out of business (Velocity Signs went out of business in January 2019.).

What season and episode was Velocity Signs on Shark Tank?

Velocity Signs appeared in Season 5, Episode 23, which first aired on April 10, 2014.

Where can I buy Velocity Signs?

Search for Velocity Signs on Amazon or major retailers; availability varies.

What was Velocity Signs's valuation on Shark Tank?

The founders valued Velocity Signs at $1,500,000 when they entered the Tank, and the final deal valued it at $750,000.