The Original Stretchlace
DealProduct that turns any laced shoe into a slip-on
The Original Stretchlace appeared on Shark Tank in Season 12.
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From the show
The Shark Tank pitch
- $100K
- Asked for
- 15%
- Offered equity
- $667K
- Sought valuation
- $100K
- On-air deal amount
- 30%
- Deal equity
- $333K
- Implied equity valuation
Jamie and David Montz presented The Original Stretchlace in Season 12, Episode 24. The episode aired May 14, 2021.
On the carpet, the number was $100,000 for a 15% stake, which valued the company at $667K.
The Original Stretchlace reached a recorded on-air agreement with Robert Herjavec for $100,000 and 30% equity. The record lists a $333K implied deal valuation, compared with the $667K requested valuation. These are the reported on-air terms, not confirmation that funding was completed.
The Original Stretchlace appears among 100 Season 12 pitches; 71 are recorded as accepted on-air deals. Across 263 home & lifestyle pitches with known outcomes in the index, 68% are recorded as accepted deals.
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Frequently asked questions
Where can I buy The Original Stretchlace?
We have not verified a current official store or active Amazon listing for The Original Stretchlace. The product may be discontinued or sold under a different name.
Did The Original Stretchlace get a deal on Shark Tank?
The Original Stretchlace reached a recorded on-air agreement with Robert Herjavec for $100,000 and 30% equity. The record lists a $333K implied deal valuation, compared with the $667K requested valuation. These are the reported on-air terms, not confirmation that funding was completed.
Which shark made an on-air offer to The Original Stretchlace?
Robert Herjavec appears in the recorded on-air terms for The Original Stretchlace. The deal answer above gives the recorded structure.
What season of Shark Tank was The Original Stretchlace on?
The Original Stretchlace appeared in Season 12, Episode 24, which aired May 14, 2021.
How much was The Original Stretchlace asking for on Shark Tank?
The founders asked for $100,000 for 15% of the company, a $667K 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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