Empowering Young Minds
We independently review everything we recommend. When you buy through our links, we may earn a commission. More information.
Newsletter
Get the latest shark tank product reviews and updates delivered right to your inbox!
Shark Tank Spotlight
You Might Also Like
Chomp Shop is a creative tool designed to transform ordinary cardboard into extraordinary projects. The centerpiece of this product line is the ChompSaw, a kid-safe power tool specifically engineered for cutting cardboard. This tool empowers children and adults alike to bring their imaginative ideas to life, making it a perfect addition to educational settings and home crafting projects.
Chomp Shop was founded by Kausi and Max, who were inspired to create a product that would foster creativity and innovation in children. Their journey to Shark Tank was filled with challenges, including a last-minute rebranding due to a cease-and-desist order. Despite these hurdles, they successfully pitched their product on the show, showcasing a set built entirely out of cardboard using the ChompSaw.
The appearance of Chomp Shop on Shark Tank was a significant milestone for the company. The founders presented their product to the sharks, highlighting its unique features and potential impact on education and creativity. The pitch was well-received, and viewers were impressed by the ingenuity and practicality of the ChompSaw.
Season and Episode |
Season 16, Episode 5 |
Air Date |
November 15, 2024 |
Entrepreneurs |
Max Liechty and Kausi Raman |
Product |
ChompSaw, a kid-safe power tool for cutting cardboard, designed to empower kids to craft 3D projects and bring their ideas to life. |
Investment Sought |
$250,000 |
Equity Offered |
5% |
Initial Sales |
$2,100,000 in pre-orders |
Retail Plans |
Expand from their website to having their product in stores once they have enough inventory. |
Shark Reactions |
Sharks were impressed by the sales, but skeptical since no units had been sold. |
Bidding War |
Competitive bidding war, with Kevin O’Leary, Barbara Corcoran, Mark Cuban, and Lori Greiner all making offers. |
Final Deal |
Mark Cuban and Lori Greiner offered $250,000 for 15% equity, which the entrepreneurs accepted. |
*After the filming of a Shark Tank episode, investments are subject to thorough audits and evaluations. During this time period, the terms of the investment can be altered or canceled by either party. As a result, the deals presented on the show may not always come to fruition for various reasons. This site does not guarantee the accuracy of any final investment figures.
– Safety First: The ChompSaw is designed with safety as a top priority, making it suitable for users of all ages. Its kid-friendly design ensures that even young children can use it under supervision without the risk of injury.
– Versatility: This tool is not limited to simple cuts; it allows for intricate designs and complex projects, enabling users to create anything from simple shapes to elaborate structures.
– Educational Value: Chomp Shop products are not just about fun; they also offer educational benefits. They encourage creativity, problem-solving, and hands-on learning, making them ideal for classroom environments.
