DrainWig, Where to Buy + Shark Tank On-Air Deal (Season 9)

From the show

The Shark Tank pitch

$300K
Asked for: 5%
Offered equity: $6M
Sought valuation: $300K
On-air deal amount: 15%
Deal equity: $2M
Implied equity valuation

The pitch introduced DrainWig in Season 9, Episode 6. The episode aired October 29, 2017.

The ask was $300,000 for 5% of the company, an implied valuation of $6M.

DrainWig reached a recorded on-air agreement with Kevin O'Leary for $300,000 and 15% equity. The record lists a $2M implied deal valuation, compared with the $6M requested valuation. These are the reported on-air terms, not confirmation that funding was completed.

The index records 65 accepted on-air deals among 96 Season 9 pitches. Across 263 home & lifestyle pitches with known outcomes in the index, 68% are recorded as accepted deals.

Kevin O'Leary$300K

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Frequently asked questions

Where can I buy DrainWig?

We have not verified a current official store or active Amazon listing for DrainWig. The product may be discontinued or sold under a different name.

Did DrainWig get a deal on Shark Tank?

DrainWig reached a recorded on-air agreement with Kevin O'Leary for $300,000 and 15% equity. The record lists a $2M implied deal valuation, compared with the $6M requested valuation. These are the reported on-air terms, not confirmation that funding was completed.

Which shark made an on-air offer to DrainWig?

Kevin O'Leary appears in the recorded on-air terms for DrainWig. The deal answer above gives the recorded structure.

What season of Shark Tank was DrainWig on?

DrainWig appeared in Season 9, Episode 6, which aired October 29, 2017.

How much was DrainWig asking for on Shark Tank?

The founders asked for $300,000 for 5% of the company, a $6M valuation.

Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.