Rumi Spice, Where to Buy + Shark Tank On-Air Deal (Season 8)

From the show

The Shark Tank pitch

$250K
Asked for: 5%
Offered equity: $5M
Sought valuation: $250K
On-air deal amount: 15%
Deal equity: $1.7M
Implied equity valuation

The pitch introduced Rumi Spice in Season 8, Episode 23. The episode aired May 5, 2017.

On the carpet, the number was $250,000 for a 5% stake, which valued the company at $5M.

Rumi Spice reached a recorded on-air agreement with Mark Cuban for $250,000 and 15% equity. The record lists a $1.7M implied deal valuation, compared with the $5M requested valuation. These are the reported on-air terms, not confirmation that funding was completed.

Rumi Spice appears among 96 Season 8 pitches; 59 are recorded as accepted on-air deals. Across 319 food & drink pitches with known outcomes in the index, 61% are recorded as accepted deals.

Mark Cuban$250K

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Frequently asked questions

Where can I buy Rumi Spice?

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

Did Rumi Spice get a deal on Shark Tank?

Rumi Spice reached a recorded on-air agreement with Mark Cuban for $250,000 and 15% equity. The record lists a $1.7M implied deal valuation, compared with the $5M requested valuation. These are the reported on-air terms, not confirmation that funding was completed.

Which shark made an on-air offer to Rumi Spice?

Mark Cuban appears in the recorded on-air terms for Rumi Spice. The deal answer above gives the recorded structure.

What season of Shark Tank was Rumi Spice on?

Rumi Spice appeared in Season 8, Episode 23, which aired May 5, 2017.

How much was Rumi Spice asking for on Shark Tank?

The founders asked for $250,000 for 5% of the company, a $5M 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.