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Shark Tank Index

Solemates

Deal

cap for shoes to prevent them from sinking into grass

Solemates appeared on Shark Tank in Season 8.

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From the show

The Shark Tank pitch

$500K
Asked for
10%
Offered equity
$5M
Sought valuation
$500K
On-air deal amount
20%
Deal equity
$2.5M
Implied equity valuation

The pitch introduced Solemates in Season 8, Episode 4. The episode aired October 14, 2016.

They came in asking $500,000 in exchange for 10% equity, putting a $5M valuation on the business.

Solemates reached a recorded on-air agreement with Robert Herjavec for $500,000 and 20% equity. The record lists a $2.5M implied deal valuation, compared with the $5M requested valuation. These are the reported on-air terms, not confirmation that funding was completed.

Season 8 has 96 pitches in the index, including 59 recorded on-air agreements. Across 241 fashion & beauty pitches with known outcomes in the index, 58% are recorded as accepted deals.

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Frequently asked questions

Where can I buy Solemates?

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

Did Solemates get a deal on Shark Tank?

Solemates reached a recorded on-air agreement with Robert Herjavec for $500,000 and 20% equity. The record lists a $2.5M 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 Solemates?

Robert Herjavec appears in the recorded on-air terms for Solemates. The deal answer above gives the recorded structure.

What season of Shark Tank was Solemates on?

Solemates appeared in Season 8, Episode 4, which aired October 14, 2016.

How much was Solemates asking for on Shark Tank?

The founders asked for $500,000 for 10% 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.

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