Shark Tank | |
---|---|
Season 3 | |
Starring | |
No. of episodes | 13 |
Release | |
Original network | Network Ten |
Original release | 20 June 19 September 2017 | –
Season chronology |
The third season of Shark Tank aired on Network Ten from 20 June 2017. The series was confirmed following the season 2 finale.[1]
Summary
[edit]The show features a panel of potential investors, named "Sharks", who listen to entrepreneurs pitch ideas for a business or product they wish to develop. These self-made multi-millionaires judge the business concepts and products pitched and then decide whether to invest their own money to help market and mentor each contestant.[2]
Investments by Shark
[edit]- Correct as of Episode 9
Shark | Offers Made | Deals Made | Total Investment[3] |
---|---|---|---|
Andrew | 8 | 6 | $3,275,015 |
Glen | 8 | 5 | $995,000 + mentoring |
Naomi | 8 | 5 | $850,015 |
Steve | 12 | 3 | $600,000 + mentoring |
Janine | 9 | 3 | $500,000 + mentoring x2 |
Episodes
[edit]Episode 1
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Dr. Nikhol Pooviah, Dr. Raghav Murali-Ganesh & Dr. Martin Seneviratne | "CancerAid"[5] An app that personalises cancer information for patients and caregivers |
$5 million | $500k for 10% Stake | — | $500k for 10% Stake | $500k for 10% Stake | $500k for 10% Stake | $500k for 10% Stake | Accepted Counter Offer[6][7][8] |
Counter Offer $250k for 5% Stake each (Andrew & Glen) |
$250k for 5% Stake (Share with Glen) | $250k for 9% Stake (single offer) | ||||||||
Accepted Counter Offer $250k for 5% Stake (Share) |
Accepted Counter Offer $250k for 5% Stake (Share) | |||||||||
2 | Barry Rahme | "Mini Clones" 3D scanning which creates replicated figurines |
$500,000 | $125k for 25% Stake | — | — | — | — | — | No Offers[9] |
3 | Aleksandar Svetski | "iRecruit" Technology that ranks resumes to find best suit job applicant |
$9 million | $200k for 2.2% Stake | — | — | — | — | — | No Offers[10][11][12] |
4 | Jenny Holten | "Strange Grains"[13] A wholesale artisan bakery selling gluten free bread |
$3.5 million | $350k for 10% Stake | — | — | — | $350k for 25% Stake | — | Accepted Naomi's Initial Offer[14][15][16] |
Counter Offer $350k for 20% Stake |
Episode 2
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Paris Marchant & Lawrence Lees | "Generation Outcast Clothing"[18] An online women's clothing company |
$900,000 | $90k for 10% Stake | Asking for higher equity counter offer | — | — | — | — | Steve Rejected Counter Offer[19][20][21] |
Counter Offer $90k for 12.5% Stake |
Rejected Counter Offer | |||||||||
2 | Dylan Colman & Tom Smith | "The Hammbag"[22] An all-in-one hammock, backpack and towel |
$300,000 | $45k for 15% Stake | — | — | — | — | — | No Offers[23][24] |
3 | Margaret & Peter Powell | "Catch 'N' Release"[25] An anchor retrieval company that eliminates damage to the ocean |
$1 million | $200k for 20% Stake | — | — | — | Mentorship | 200k for 100% Stake + 5% Royalty | Accepted Offer[26][27][28][29] |
4 | Capital M | "Hoo Haa Headphones" Headphones with a retractable lead |
$100 | $20 for 20% Stake | — | — | $40 for 40% Stake (Share with Naomi) | $40 for 40% Stake (Share with Andrew) | — | Accepted Counter Offer[30][31] |
Counter Offer $30 for 30% Stake each |
Accepted Counter Offer $30 for 30% Stake (Share) |
Episode 3
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Heather Day | "Hey Day Butter" An artisan brand of gourmet butter |
$200,000 | $50k for 25% Stake | $50k for 25% Stake + 50c Repayment Royalty per portion for $25k | — | — | $50k for 33% Stake | — | Accepted Naomi's Offer[33][34][35] |
2 | Jasmine Zapka & Andrew Eastoe | "The Pole Room"[36] A pole dancing for fitness program |
$667,000 | $100k for 15% Stake | — | Mentorship | — | — | — | No Offers[37][38][39] |
3 | Lourens Badenhorst | "Fish Frenz"[40] A wave energy conversion fish feeding pump |
$622,000 | $56k for 9% Stake | — | — | — | — | — | No Offers[41][42] |
4 | Kane Bodiam | "iCapsulate" A coffee company specialising in capsules, pods and roasted beans |
$16.6 million | $2.5m for 15% Stake | — | — | $2.5m for 25% Stake | $2.5m for 33.3% Stake | $2.5m for 40% Stake | Accepted Revised Offer[43][44][45][46][47][48][49][50][51] |
Counter Offer $2.5m for 20% Stake (Andrew) |
Revised Offer $2.5m for 22.5% Stake |
Episode 4
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Alex Houseman | "Over The Moo"[53] Lactose-free coconut milk ice cream |
$3.125 million | $250k for 8% Stake | $250k for 25% Stake | $250k for 49% Stake | — | — | $250k for 25% Stake | Glen Rejected Counter Offer[54][55][56][57][58][59] |
Counter Offer $250k for 15% Stake |
Offer Withdrawn | Offer Rejected | Rejected Counter Offer | |||||||
2 | Peter Kuhlmann | "Mini Pallets"[60] Product which raises goods off the ground allowing for easy moving access underneath |
$1 million | $200k for 20% Stake | — | — | $200k for 25% Stake | $300k for 40% Stake (Share with Andrew) | $200k for 25% Stake | Accepted Counter Offer[61][62][63] |
Counter Offer $400k for 40% Stake (Naomi & Andrew) |
Accepted Counter Offer $400k for 40% Stake Stake (Share) | |||||||||
3 | Maree Machin | "Tractag"[64] A QR identification tag |
$2 million | $200k for 10% Stake | — | — | — | — | — | No Offers[65] |
4 | Lauren Silvers & Lisa Maree Boersma | "Glamazon" Online booking company for beauty services |
$1.67 million | $250k for 15% Stake | Asking for higher equity counter offer | — | — | — | — | Accepted Counter Offer[66][67][68][69][70] |
Counter Offer $250k for 25% Stake |
Accepted Counter Offer $250k for 25% Stake |
Episode 5
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Kim Macrae | "iKiFit"[72] A learning program which engages children through music and movement |
$2.5 million | $250k for 10% Stake | — | — | — | — | — | No Offers[73][74][75][76][77] |
2 | Jade Castle | "Kaf.Tanned" A line of kaftans to be worn after a spray tan |
$1.5 million | $150k for 10% Stake | $50k for 25% Stake + $100k Loan | — | — | — | — | Accepted Offer[78][79][80][81] |
3 | Brett Page | "Cellarwraps"[82] Greeting card labels for bottles of wine |
$850,000 | $170k for 20% Stake | — | — | $170k for 30% Stake | — | $170k for 40% Stake | Accepted Glen's Counter Offer[83] |
Counter Offer $170k for 30% Stake | ||||||||||
4 | Winston Wijeyeratne & Selvam Sinnappan | "Sleeping Duck"[84] A customisable mattress |
$10 million | $500k for 5% Stake | $500k for 15% Stake | — | $500k for 25% Stake | — | — | Rejected Steve's Offer[85][86][87][88][89] |
Counter Offer $500k for 10% Stake |
$500k for 20% Stake + $20 Repayment Royalty per mattress up to $500k | |||||||||
Rejected Counter Offer |
Episode 6
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Kjetil Hansen | "Deliciou"[92] A vegetarian bacon flavoured seasoning |
$1.2 million | $300k for 25% Stake | — | — | $300k for 45% Stake | — | — | Accepted Revised Offer[93][94][95][96] |
"Accepted Revised Offer" $300k for 44% Stake | ||||||||||
2 | Tony Croce, Mike Nayer & David Jardine | "The Guitar Strap Co."[97] Custom designed guitar straps |
$1 million | $100k for 10% Stake | — | $100k for 25% Stake | — | — | — | Accepted Offer[98][99] |
3 | Ben Burton | "Zeppee" An app that connects adoptable pets with potential owners |
$500,000 | $50k for 10% Stake | — | — | — | — | — | No Offers[100][101][102] |
4 | Indi Sutton | "The Monday Food Co."[103] Handmade, organic, paleo granola |
$1.2 million | $300k for 25% Stake | — | — | — | — | $100k for 40% Stake + $200k Loan | Accepted Offer[104][105][106] |
Episode 7
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Patrick Gaskin & Tom Clift | "Cardly"[108] An online card sending service |
$3.57 million | $250k for 7% Stake | $250k for 33.3% Stake | $250k for 30% Stake | — | $250k for 33.3% Stake | — | Accepted Naomi's 2nd Counter Offer[109][110][111][112][113][114] |
Offer Withdrawal | 1st Counter Offer $150k for 15% Stake + $100k Loan that converts to additional 10% Stake | |||||||||
Counter Offer $250k for 20% Stake |
2nd Counter Offer $150k for 15% Stake + $100k Loan that converts to additional 5% Stake | |||||||||
2 | Brad Webb | "360 Gym" A portable, outdoor strength training gym |
$1 million | $200k for 20% Stake | Mentorship | — | — | — | Mentorship | No Offers[115] |
3 | Chrissy Glentis & Luke Lucas | "Foddies"[116] A specialty food brand for people with food intolerance and allergies |
$1 million | $100k for 10% Stake | — | $100k for 40% Stake | — | — | — | Accepted Offer[117][118][119][120][121][122][123] |
Episode 8
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Kate Save & Dr. Geoffrey Draper | "Be Fit Food"[125] Meal plan programs for rapid weight loss |
$1.5 million | $300k for 20% Stake | $300k for 33.3% Stake | $200k for 33.3% Stake + $100k Loan | — | — | — | Accepted Janine's Offer[126][127][128][129][130] |
2 | Paul Cameron, Sam Davies & Seth Tonkin | "Beer Pal"[131] An app that shows where your favourite beers are on special |
$2 million | $300k for 15% Stake | — | — | — | — | — | No Offers[132][133] |
3 | Bethany Grace Spoor | "Bethany Grace"[134] A natural skincare company |
$133,000 | $40k for 30% Stake | — | Mentorship | — | — | — | No Offers[135][136][137] |
4 | Matt Natonewski | "Nevermind Adventure" A motorcycle touring and leather goods company |
$1.33 million | $200k for 15% Stake | $200k for 60% Stake | — | — | — | — | Accepted Revised Offer[138][139][140] |
Counter Offer $200k for 40% Stake |
Revised Offer $200k for 49% Stake |
Episode 9
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Jayme & Jenny Park | "Franki + Seoul" Natural skin care and beauty products and the latest trends and insights from Korea |
$292,000 | $35k for 12% Stake | — | — | — | — | — | No Offers[142][143] |
2 | Elias Kassas and Elisa Trifunoski | "Just Jerky"[144] An authentic and all-natural beef jerky |
$375,000 | $75k for 20% Stake | $75k for 40% Stake | $75k for 37% Stake | — | $75k for 35% Stake | $75k for 35% Stake | Accepted Glen's Counter Offer[145] |
Counter Offer $75k for 33% Stake |
Offer Rejected | Counter Offer $75k for 35% Stake |
Accepted Counter Offer $75k for 33% Stake | |||||||
3 | Lauren & Lily Martin | "Wish U Were Here Dolls"[146] Handsewn cushioned dolls for children created with images of family members |
$125,000 | $25k for 20% Stake | $25k for 40% Stake | — | $25k for 40% Stake | — | — | Accepted Andrew's Offer[147][148][149][150] |
4 | Roland Safar & Matej Varhalik | "Speedfit"[151] A 20 minute intense fitness session using EMS (Electronic Muscle Stimulation) |
$2.8 million | $280k for 10% Stake | $280k for 40% Stake | $280k for 33% Stake | — | — | — | Rejected Offers[152][153][154][155][156] |
Counter Offer $280k for 27.5% Stake |
Revised Offer $280k for 31.1% Stake | |||||||||
Offer Rejected | Offer Rejected |
Episode 10
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Raph Freedman & Rory Boyden | "Peak Chocolate"[158] A pre-training, high performance chocolate |
$500,000 | $50k for 10% Stake | — | — | — | — | — | No Offers[159][160][161][162][163][164] |
2 | Anthony & Rebecca Keain | "Cart-A-Lot"[165] A foldable cart |
$1 million | $100k for 10% Stake | — | — | — | $100k for 45% Stake | — | Accepted Counter Offer[166][167][168] |
Counter Offer $100k for 40% Stake |
Accepted Counter Offer $100k for 40% Stake | |||||||||
3 | Benjamin Seer | "Hummingbird"[169] Raw superfood blendies to add to your smoothie |
$2 million | $200k for 10% Stake | — | — | — | $100k for 10% Stake + $100k Loan | — | Naomi Rejected Counter Offer[170][171][172] |
Counter Offer $100k for 7% Stake + $100k Loan |
Rejected Counter Offer | |||||||||
4 | Frank Lucisano & Tracy Richardson | "ScopeIT Education"[173] A company which delivers digital technology lessons to schools |
$4.21 million | $632k for 15% Stake | $632k for 30% Stake | — | — | — | $632k for 39% Stake | Accepted Counter Offer[174] |
Counter Offer $632k for 25% Stake |
Accepted Counter Offer $632k for 25% Stake |
$632k for 33% Stake |
Episode 11
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Ace Ahsan | "Your Flavour" A range of handmade healthy seasoning products |
$800,000 | $80k for 10% Stake | — | — | — | $80k for 50% Stake | — | Accepted 2nd Counter Offer[176][177] |
Counter Offer $80k for 25% Stake With money back in 2 years or converts to 35% Stake | ||||||||||
2nd Counter Offer $80k for 40% Stake | ||||||||||
2 | Brent Thomas | "Lash U Lashes"[178] Professional eyelash extension training and high quality lash products |
$1.2 million | $120k for 10% Stake Plus $120k Loan |
— | — | — | — | — | No Offers[179] |
3 | Rodney Cross & Harry Bradford | "Squidezy"[180] Squid cleaning tool |
$312,000 | $100k for 32% Stake | — | — | — | — | — | No Offers[181][182] |
4 | Melanie Newman & Cory Boyd | "Melanie Newman Salon Essentials"[183] Professional dog grooming products made out of plant-derived ingredients |
$750,000 | $150k for 20% Stake | — | Accepted Revised Offer $150k for 50% Stake Split 15% |
— | — | $150k for 50% Stake | Accepted Revised Offer[184][185][186] |
Accepted Revised Offer $150k for 50% Stake Split 35% |
Episode 12
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Emma Head | "Sweet Mickie"[188] Personalised biscuit delivery |
$1 million | $200k for 20% Stake | — | $200k for 49% Stake | $200k for 45% Stake | — | — | Accepted Counter Offer[189][190][191][192] |
Counter Offer $200k for 46% (Share equally) |
Accepted Counter Offer $200k for 46% (Share equally) | |||||||||
2 | Andrew Leary | "Buckle Me Up"[193] An app enabled seatbelt reminder and alert for passenger cars that pairs with your smartphone via Bluetooth |
$3.9 million | $390k for 10% Stake | $1.5 million for 100% Stake | — | — | — | — | Rejected Steve's Offer[194][195] |
Counter Offer $2 million for 100% Stake |
Offer Rejected | |||||||||
3 | Lisa Pagotto | "Crooked Compass"[196] A boutique tour operator, specialising in customised, small-group, and culturally immersive tours |
$467,000 | $70k for 15% Stake | — | — | — | Mentorship | — | No Offers[197][198][199][200] |
4 | Anya Lorimer | "One Talk"[201] Talking posters operated by touch, that communicate with Aboriginal communities as well as non-English speaking new arrivals to Australia |
$250,000 | $50k for 20% Stake | — | — | — | $50k for 20% Stake | — | Accepted Offer[202][203] |
Episode 13
[edit]# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Jaypee Abraham | "Jimalie Coconut Products"[205] A range of premium quality coconut products |
$425,000 | $85k for 20% Stake | — | — | — | — | $85k for 51% Stake | Accepted Counter Offer[206][207][208] |
Counter Offer $85k for 40% |
Accepted Counter Offer $85k for 45% | |||||||||
2 | Fergus Creese | "Find My Future" Smart online tool for schools and career advisors helps to guide students and those looking to build a new future |
$1.2 million | $300k for 25% Stake | — | — | — | — | — | No Offers[209] |
3 | Rick & Tracy Coles | "Fresh Meals 2 U"[210] All-natural, nutrient-rich freshly prepared meal delivery |
$1.5 million | $150k for 10% Stake | $200k for 25% Stake Once $200k is repaid through royalties the Sharks' equity will reduce to a 10% Stake |
— | — | — | Accepted Steve and Janine's Initial Offer[211][212] | |
Counter Offer $200k for 20% | ||||||||||
4 | Chris Anderson | "Ecto Hand Planes"[213] A bodysurfing hand plane that's made from recycled surfboards |
$500,000 | $100k for 20% Stake | — | — | — | $100k for 50% Stake | — | Accepted Offer[214][215][216] |
Ratings
[edit]No. | Title | Air date | Timeslot | Overnight ratings | Ref(s) | |
---|---|---|---|---|---|---|
Viewers | Rank | |||||
1 | Episode 1 | 20 June 2017 | Tuesday 8.45pm | 749,000 | 8 | [217] |
2 | Episode 2 | 27 June 2017 | Tuesday 8.45pm | 737,000 | 9 | [218] |
3 | Episode 3 | 4 July 2017 | Tuesday 8.45pm | 725,000 | 10 | [219] |
4 | Episode 4 | 11 July 2017 | Tuesday 8.45pm | 581,000 | 12 | [220] |
5 | Episode 5 | 18 July 2017 | Tuesday 8.45pm | 546,000 | 14 | [221] |
6 | Episode 6 | 1 August 2017 | Tuesday 9.00pm | 442,000 | — | [222] |
7 | Episode 7 | 8 August 2017 | Tuesday 7.30pm | 477,000 | 17 | [223] |
8 | Episode 8 | 15 August 2017 | Tuesday 7.30pm | 464,000 | 18 | [224] |
9 | Episode 9 | 22 August 2017 | Tuesday 7.30pm | 461,000 | 19 | [225] |
10 | Episode 10 | 29 August 2017 | Tuesday 7.30pm | 458,000 | 17 | [226] |
11 | Episode 11 | 5 September 2017 | Tuesday 7.30pm | 394,000 | 20 | [227] |
12 | Episode 12 | 12 September 2017 | Tuesday 7.30pm | 470,000 | 17 | [228] |
13 | Episode 13 | 19 September 2017 | Tuesday 9.00pm | 389,000 | — | [229] |
References
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