Readerest Specsecure
DealNovelties
Readerest Specsecure appeared on Shark Tank in Season 3.
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From the show
The Shark Tank pitch
- $150K
- Asked for
- 15%
- Offered equity
- $1M
- Sought valuation
- $150K
- On-air deal amount
- 65%
- Deal equity
- $231K
- Implied equity valuation
Rick Hopper presented Readerest Specsecure in Season 3, Episode 6. The episode aired February 24, 2012. The business was listed in Flower Mound, TX.
The ask was $150,000 for 15% of the company, an implied valuation of $1M.
Readerest Specsecure reached a recorded on-air agreement with Lori Greiner for $150,000 and 65% equity. The record lists a $231K implied deal valuation, compared with the $1M requested valuation. These are the reported on-air terms, not confirmation that funding was completed.
The index records 28 accepted on-air deals among 60 Season 3 pitches. Across 263 home & lifestyle pitches with known outcomes in the index, 68% are recorded as accepted deals.
Is Readerest Specsecure still in business?
Read our 2026 update on where the company is now.
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Frequently asked questions
Where can I buy Readerest Specsecure?
We have not verified a current official store or active Amazon listing for Readerest Specsecure. The product may be discontinued or sold under a different name.
Did Readerest Specsecure get a deal on Shark Tank?
Readerest Specsecure reached a recorded on-air agreement with Lori Greiner for $150,000 and 65% equity. The record lists a $231K implied deal valuation, compared with the $1M requested valuation. These are the reported on-air terms, not confirmation that funding was completed.
Which shark made an on-air offer to Readerest Specsecure?
Lori Greiner appears in the recorded on-air terms for Readerest Specsecure. The deal answer above gives the recorded structure.
What season of Shark Tank was Readerest Specsecure on?
Readerest Specsecure appeared in Season 3, Episode 6, which aired February 24, 2012.
How much was Readerest Specsecure asking for on Shark Tank?
The founders asked for $150,000 for 15% of the company, a $1M 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.
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