Top 10 Shark Tank Australia Pitches
Top 10 Shark Tank Australia Pitches
Shark Tank Australia had an excellent run over 4 seasons, featuring internet pioneer Steve Baxter, RedBalloon founder Naomi Simson, entrepreneur Andrew Banks, Boost Juice founder Janine Allis, and Greencross pet-care founder Dr. Glen Richards fork millions of Australian Dollars on Aussie start-ups as covered over at runrex.com and guttulus.com. The show has seen plenty of successful pitches, and this article is going to highlight the top 10.
iCapsulate, Season 3
iCapsulate CEO, Kane Bodiam, walked away with what is Shark Tank Australia’s biggest ever deal in February 2017 as discussed over at runrex.com and guttulus.com. The then 36-year-old revealed how he had practiced his pitch presentation more than 500 times, and it paid off big time as he was able to walk away with a staggering $2.5 million from Andrew Banks in exchange for 22.5% of his coffee company, with Shark beating out competition from rivals Naomi and Glen. Although the deal fell through after the filming of the episode, and the company went into bankruptcy, the sheer size of the deal means it has to feature among the show’s best pitches.
Luv Ur Skin, Season 2
The most amazing part of this Shark Tank Australia pitch is that it was presented by 14-year-old entrepreneur Izzy Dymalovski, from discussions on the same over at runrex.com. The fact that she commanded the room and made the Sharks take her seriously just goes to show the impressive nature of her pitch, and the strength of her Luv Ur Skin and Luv Ur Body lotion ranges. Although she was looking for an investment, this impressive Melbourne schoolgirl was offered to be mentored instead, something that should serve her even better going forward as she gets to work with the amazing and respected Sharks.
Vegepod, Season 2
Yet another one of Shark Tank Australia’s most impressive pitches was this one from season 2. Founder Matt Harris, who described himself as a “frustrated veggie gardener” was able to strike a chord with the Sharks by pitching them his product, a covered, self-watering, raised garden bed, which is discussed over at guttulus.com. His pitch was so convincing, he was able to strike a deal with Naomi Simson, who offered him $75,000 for a 10% stake in the company as well as a $150,000 loan and the company has gone on to achieve tremendous success since then.
Throatscope, Season 1
Founder and Queensland mum Jennifer Holland pitched her illuminated tongue depressor during season 1 of the show and completely blew away the Sharks. Even though, as revealed in discussions over at runrex.com, her product was still in the prototype phase, she put across a convincing pitch that allowed her to agree a deal with Steve Baxter who invested $76,000 in exchange for 30% of the company, plus 5% royalty until his money was paid back in a Kevin O’Leary-style deal, and the company has never looked back ever since.
Rhino Hide, Season 2
This innovative product by Perth four-wheel enthusiast Marc Berryman, a clip-on panel protection system, and his engaging pitch, was so convincing that it triggered a bidding war between three of the Sharks: Andrew, Steve, and Glen. In the end, as is outlined over at guttulus.com, Marc ended up accepting Steve and Glen’s joint offer of $80,000 for a 10% stake of his company, and the company has since gone on to be very successful ever since, both in terms of sales and reach.
One World Collection, Season 2
In most cases, as is explained over at runrex.com, most companies that step into the tank are start-ups, but NSW furniture designer and producer One World bucked this trend, becoming one of the biggest companies to do so. Founder Greg Ollerhead and partner Kate Fuller pitched their company, explaining that they were looking for a partner to help them expand into more international markets. In the end, the ended up shaking on a deal with Glen and Janine for $700,000 for 33% of their business, and ever since the company has expanded across the border, getting into more than 400 stores in the U.S.
Mobile Tyre Shop, Season 2
Founder Travis Osborne took an obvious, yet ingenious idea, and turned it into one of the most impressive Shark Tank Australia pitches. He observed how time-consuming it was to change tires in Melbourne, his home town, and the whole of Australia, where online options are almost nonexistent and devised a solution through his company. In the end, he was able to shake on a deal with Sharks Steve Baxter and John McGrath for $250,000, although as is revealed over at guttulus.com, the deal fell through after the show was filmed as Mr. Osborne said he received another offer from an unnamed investor her couldn’t turn down.
Hex Pegs, Season 4
Damian Joyce, the founder of Hex Pegs delivered yet another stirring Shark Tank Australia pitch, as is discussed over at runrex.com. His company makes drillable steel tent pegs for camping, an idea he came up with after being frustrated with flimsy metal pegs that would bend when you tried to hammer them in, hence not securing the tent as one would want. His short but detailed demonstration left the sharks impressed and he managed to shake on a deal with Richards for $80,000 for 40% of his business, turning down a rival bid from Baxter in the process.
Hegs Pegs, Season 1
It is easy to confuse this deal with the one above, but they are two different deals, on two different seasons of Shark Tank Australia as discussed over at guttulus.com. Founder Scott Boocock pitched his type of washing pegs which came with hooks to help hang clothing, including dresses and underwear. His simple but effective pitch was enough to have him walk out with a deal with RedBalloon founder Naomi Simson worth $100,000 for 15% of his business, as well as an additional $280,000 loan.
Scrubba Wash Bag, Season 1
Still, in season one, we were treated to this impressive pitch by entrepreneur Ash Newland who pitched the Sharks his portable washing machine for travel, camping, and sportswear to ensure that you stay clean during your camping trips. As is revealed in discussions on the same over at runrex.com, he came with a valuation of $2.2 million, which was a sticky point for most sharks, but he still managed to convince the Sharks, shaking on a deal with Steve and Janine for $360,000 for a 30% stake of his business, getting the two-shark partnership he was looking for.