Is Shark Tank real? (2024)

Yes, Shark Tank is a real television show that features entrepreneurs who pitch their business ideas to a panel of successful business executives, known as "sharks," in the hopes of securing an investment in exchange for a percentage of their company.

"Shark Tank" is an adapted television show. The show is based on the format of the original Japanese reality TV show called "Dragon's Den", which premiered in Japan in 2001. "Shark Tank" first premiered in the United States in 2009 and has since been adapted in various other countries, such as "Dragon's Den" in the UK and Canada, "Lion's Den" in Nigeria, and "Shark Tank Australia" in Australia.

While the show is edited for television, and not all pitches are successful, the investments made on the show are real and can lead to successful partnerships between entrepreneurs and investors.

What are the most successful businesses of Shark Tank?

Many businesses have achieved success after appearing on the television show "Shark Tank." Here is a list of some of the most successful businesses that have received investments from the sharks and gone on to become profitable:

Scrub Daddy - Season 4

Scrub Daddy is a cleaning product with a yellow smiley-face sponge that changes texture based on the temperature of the water it's used in. In hot water, it becomes soft and pliable, and in cold water, it becomes firm and can be used for tougher scrubbing jobs.

The inventor of Scrub Daddy, Aaron Krause, made a deal with shark Lori Greiner for $200,000 in exchange for 20% equity in the company. Scrub Daddy has since become a hugely successful product, with millions of units sold and widespread distribution in major retailers.

Beatbox - Season 6

Beatbox is a company that appeared on Shark Tank, offers a line of portable, bag-in-box co*cktails that can be served at parties and events. During their pitch, the founders of Beatbox explained how their product could fill a gap in the market for easy-to-serve, affordable co*cktails, and the investors on the show expressed interest in the potential of the product.

Ultimately, Beatbox secured a deal with investor Mark Cuban, who offered to invest $1 million for a 10% stake in the company. Since their appearance on the show, Beatbox has continued to grow and expand its product line, and it is now available in a variety of flavors and sizes.

Guardian Bikes - Season 8

Guardian Bikes, a company that appeared on Season 8 of Shark Tank, has continued to grow and expand since their appearance on the show. Guardian Bikes has received recognition for its commitment to safety and quality, including being named a National Parenting Product Award winner and receiving a 2021 Edison Award for innovation in safety.

Guardian Bikes has had a successful journey since appearing on Shark Tank, with a focus on its mission and a commitment to safety and quality driving its growth and success.

Cup Board Pro - Season 10

Cup Board Pro is a cutting board with a detachable and collapsible tray that caught the attention of the Sharks on Shark Tank. The tray makes it easy to collect food scraps or pour chopped ingredients into a pan, making meal prep more efficient and organized.

Founder Keith Young struck a deal with investor Lori Greiner on the show, and the product has since gained popularity and expanded its product line to include a larger size and additional accessories. Cup Board Pro has also been recognized with several awards, including a Good Housekeeping 2020 Kitchen Innovation Award.

Basepaws - Season 10

Basepaws is a company that appeared on Shark Tank in 2018, offering a DNA testing service for cats to provide owners with information about their cat's breed and potential health risks. The founder, Anna Skaya, asked for $250,000 for a 10% stake in her company. The sharks were intrigued by the idea, but concerned about the high cost of the product and the company's lack of revenue at the time.

Eventually, Kevin O'Leary made an offer of $250,000 for a 20% stake in the company, which Skaya accepted. Since the show, Basepaws has continued to grow and expand its services, including offering a health monitoring subscription service.

Mad Rabbit - Season 12

Mad Rabbit is a company that appeared on Shark Tank season 12. Mad Rabbit offers a line of natural and organic tattoo aftercare products, including balms and lotions that help to soothe and protect newly tattooed skin. During their pitch, the founders of Mad Rabbit explained how their product could address a gap in the market for safe and effective tattoo aftercare, and the investors on the show expressed interest in the potential of the product.

Ultimately, Mad Rabbit secured a deal with investor Kevin O'Leary, who offered to invest $250,000 for a 20% stake in the company. Since their appearance on the show, Mad Rabbit has continued to grow its product line and expand its distribution.

The Magic5 - Season 13

The Magic5 is a company that appeared on Shark Tank season 13. The Magic5 offers custom-fit swimming goggles that use facial scanning technology to create a perfect fit for each individual user. During their pitch, the founders of The Magic5 explained how their product could improve the swimming experience for users and prevent leaks and discomfort often associated with ill-fitting goggles.

The investors on the show expressed interest in the product and its potential market, and ultimately, The Magic5 secured a deal with investor Mark Cuban, who offered to invest $400,000 for a 10% stake in the company. The Magic5 has since continued to grow and expand its product line.

There are a lot of successful businesses like this, and the above-mentioned list are few. It's worth noting that while these companies have been successful, not all businesses that appear on "Shark Tank" achieve profitability, and success is not always guaranteed.