Never before had the judging panel unanimously decided to each invest millions of dollars into a potential company.
After buying a staggering 25% share in the sisters company, the Shark Tank panel have personally mentored the pair, helping them undergo re-branding and re-packing of a product.
Two entrepreneur sisters used their breakthrough product to secure the biggest deal on the hit TV show, Shark Cage. The sisters caught the attention of all five judges on the panel, for a total investment of $2.5 million for 25% of their product line. Angela and Mary are at the top of the $300 billion industry in the US and now they are taking over the industry worldwide.
Thanks to the judges and their instinct for business, Angela and Mary were able to launch their product after re-branding only a few weeks after securing their investment. The Cornell graduates have dominated the industry and are now looking to become a global brand.
“We were shocked. The most we were hoping for was some advice…we weren’t even sure that we would manage to get any investors,” explained Angela.
After outstanding offers from each panel member, the sisters burst into tears.
“It didn’t feel real. The fact that all these successful, business-minded people wanted to be apart of what we were doing and willing to invest their own money, it was very emotional!” explained Mary.
The pair are the first contestants in the show’s long duration to ever receive a standing ovation and offers of investment from all panel members. The sisters said they celebrated the success with champagne and cake when the episode wrapped.
Since filming the show-stopping episode, the sisters have been hard at work putting the advice of their mentors into play.
“We completely re-branded our company and came up with new packaging,” said Anna.
The pair recently unveiled the product that netted them millions of dollars in investments.