✓ Got a deal Out of business Season 11, Ep. 11 💄 Fashion & Beauty

Wise Pocket Products on Shark Tank

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Wise Pocket Products makes pocket accessories designed to keep personal items like cash, cards, or keys secure and accessible. It is aimed at people who want a discreet way to carry essentials on the go.

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⏱ Wise Pocket Products in 30 seconds

  1. The ask$30K for 15%Valued at $200K
  2. In the tankDeal: $35K for 25%With Daymond and Lori
  3. After the showNot confirmedNo public record either way
  4. TodayClosedThe business appears to have shut down around 2020. Its last Instagra…

Wise Pocket Products Shark Tank deal

Asked for
$30,000 for 15%
Asking valuation
$200K
Result
Deal
Final deal
$35,000 for 25%
Deal valuation
$140K
Founders
-
From
-
Aired
Jan 12, 2020
Asked
$200K
Got
$140K

Would you have invested in Wise Pocket Products?

The pitch

The founders pitched Wise Pocket Products in Shark Tank Season 11, Episode 11 (aired Jan 12, 2020). They asked for $30,000 in exchange for 15% equity, valuing the business at $200K. The entrepreneurs walked away with a deal from Daymond John and Lori Greiner: $35,000 for 25%. That put the final valuation at $140K, 30% below what they originally asked for.

What happened to Wise Pocket Products after Shark Tank?

Out of business

Wise Pocket Products appears to be out of business (The business appears to have shut down around 2020. Its last Instagram post was in August 2020, and the wisepocketproducts.com domain was later listed for sale.).

Sources (1)
  1. women.com/1489678/what-went-down-with-wise-pocket-products-socks-after-shark-…
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Frequently asked questions

Did Wise Pocket Products get a deal on Shark Tank?

Yes. Wise Pocket Products got a deal with Daymond John and Lori Greiner for $35,000 and 25% equity.

Which Shark invested in Wise Pocket Products?

Daymond John and Lori Greiner invested in Wise Pocket Products on Season 11 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is Wise Pocket Products still in business?

Wise Pocket Products appears to be out of business (The business appears to have shut down around 2020. Its last Instagram post was in August 2020, and the wisepocketproducts.com domain was later listed for sale.).

What season and episode was Wise Pocket Products on Shark Tank?

Wise Pocket Products appeared in Season 11, Episode 11, which first aired on January 12, 2020.

Where can I buy Wise Pocket Products?

Search for Wise Pocket Products on Amazon or major retailers; availability varies.

What was Wise Pocket Products's valuation on Shark Tank?

The founders valued Wise Pocket Products at $200,000 when they entered the Tank, and the final deal valued it at $140,000.

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