As a tv show that makes entrepreneurs into millionaires, Shark Tank holds its name worldwide. But, without any deal from Shark Tank, some products Became Super Successful after the show. This article has listed the best 9 Rejected Shark Tank pitches that made millions.

When writing this article, information was gathered from reliable sources, including sharktankblog.com, watchmojo.com, and insider.com.

1. Coffee Meets Bagel

Coffee Meets Bagel is a dating app that sets itself apart by emphasizing the quality of matches rather than overwhelming users with an abundance of choices. Founded in 2012 by three sisters, Arum, Dawoon, and Soo Kang, the app gained notable attention when it appeared on Shark Tank in 2015. During their appearance, the Kang sisters sought a $500,000 investment for a 5% equity stake, valuing the company at $10 million. Surprisingly, they turned down the offers presented to them, opting to retain control of their business.

Post-Shark Tank, Coffee Meets Bagel experienced significant growth, amassing over 11 million users worldwide. Their accomplishments include securing additional funding, expanding into international markets, and maintaining their commitment to fostering meaningful connections amidst the competitive online dating landscape.

2. The Ring Doorbell

The Ring Doorbell is a highly popular and innovative home security device that has transformed how people safeguard their homes. It is a video doorbell that allows homeowners to remotely view and communicate with visitors using their smartphones. In 2013, the founder of Ring, Jamie Siminoff, appeared on Shark Tank with a proposal for a $700,000 investment in exchange for a 10% stake in the company, then known as Doorbot. However, the sharks opted not to invest.

Nevertheless, Ring Doorbell experienced tremendous success in the aftermath. It rebranded as Ring, expanded its product line to include a range of home security solutions, and in 2018, was acquired by Amazon for a reported $1 billion. The company has achieved notable milestones, such as widespread adoption, introducing innovative features like motion detection, and making significant contributions to reducing neighborhood crime rates.

3. Kodiak Cakes

Kodiak Cakes is a renowned brand specializing in creating delectable and nutritious pancake and waffle mixes. Founded by Joel Clark in 1982, it gained significant attention when it appeared on the popular TV show Shark Tank in 2014. They pitched their business during their appearance, seeking a $500,000 investment in exchange for a 10% equity stake. Regrettably, they didn’t manage to secure a deal on the show.

However, Kodiak Cakes experienced considerable growth and success afterward. They diversified their product line to include protein-packed baking mixes and granola bars, expanding their offerings. By forming partnerships with major retailers, they were able to reach a broader customer base. Kodiak Cakes received accolades within the industry and became synonymous with healthy breakfast options, solidifying its position as a leading player in the breakfast food market.

4. Copa di Vino

Copa di Vino is a cool brand that makes special cups of wine you can enjoy all by yourself. It appeared on Shark Tank in 2011. The founder, James Martin, wanted $300k for 5% of the company, but the sharks said no. Even though they didn’t get a deal, Copa di Vino did really well afterward.

They sold their wine cups in more places and partnered with big stores. Lots of people started liking their wine cups, especially in stadiums and on planes. Now, they’re known for their single-serve wine and are super popular.

5. Hammer and Nails

Hammer and Nails is a really cool salon just for guys! They offer haircuts, shaves, and even care for your hands and feet. It was on Shark Tank in 2013. The founder, Michael Elliot, wanted $200,000 for 20% of the company, but he didn’t get a deal. But that didn’t stop Hammer and Nails! They opened more salons all around the country.

Now, they’re well-known for their awesome grooming services just for men. Guys love going there to get pampered and look their best. Hammer and Nails have become a big success in the grooming world.

6. The BedJet

The BedJet is a super cool device that makes your bed feel extra comfy while you sleep! It was on Shark Tank in 2015. The founders, Mark Aramli and Tim Masters wanted $250,000 for 10% of their company. They didn’t receive a deal but after Shark Tank, BedJet became really popular. They added more models and accessories to their line of products.

People loved how it could cool or heat your bed. BedJet even won awards for its awesome technology! Now, they’re known for making sleep extra cozy and helping people get a great night’s rest.

7. Xero Shoes

Xero Shoes are special shoes designed to let your feet move naturally and comfortably. They appeared on Shark Tank in 2013. The founders, Steven Sashen and Lena Phoenix, wanted $400,000 for 8% of their company. But they didn’t get a deal.

Don’t worry because Xero Shoes didn’t let that stop them! After Shark Tank, they grew a lot. They started making more types of shoes and even added sandals to their collection. People loved how their shoes felt, like being barefoot but with protection. Xero Shoes became really popular, and now they’re known for making awesome shoes that keep your feet happy.

8. The Lip Bar

The Lip Bar is a super cool brand that makes amazing lipsticks and beauty products. They were on Shark Tank in 2018. The founder, Melissa Butler, asked for $125k for 20% of her company, but she didn’t get a deal. But guess what? The Lip Bar didn’t give up! After Shark Tank, they became even more popular.

They added more shades of lipsticks and expanded their product line to include other makeup items. People loved how their products were made with safe and natural ingredients. The Lip Bar has achieved great success and is known for their inclusive beauty products that make everyone feel beautiful.

9. CoatChex

CoatChex is a cool company that helps you keep track of your coats and bags when you go to events or restaurants. It was on Shark Tank in 2012. The founder, Derek Pacque, asked for $200,000 for 10% of his company, but he didn’t get a deal. However, CoatChex didn’t let that stop them! After Shark Tank, they worked hard and grew their business.

They started partnering with big venues and events to provide their coat-check service. CoatChex became really popular and successful. They even won awards for their innovative idea. Now, they’re known for making sure you don’t lose your coat and have a hassle-free experience at events.

Conclusion

As a millionaire making tv series, Shark Tank holds a huge name worldwide. This article shows that there could be a chance even a Shark did not recognize successful business. So, there can be rejections in a successful journey. Not every successful journey is a piece of cake. You can watch other Rejected Shark Tank pitches through the shark tank’s official website.

Read more about other shark tank products going through geeksaroundglobe.com

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