Home » Technology » Calling Entrepreneurs: Shark Tank Opens Casting for Season 18

Calling Entrepreneurs: Shark Tank Opens Casting for Season 18

by Sophie Lin - Technology Editor

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Legal status Must be a registered U.S. entity (LLC, corporation, or partnership). Industry Open to consumer goods, technology, health & wellness, food & beverage, and sustainable products. Team size 1‑10 core team members (founders + key staff).

How to Submit a Pitch

casting Call Overview

  • ABC officially announced that Shark Tank is opening casting for Season 18 – the most anticipated rollout of the year.
  • The call targets early‑stage startups, innovative products, and scalable business models looking for equity deals on national television.
  • Applications are accepted through the Shark Tank casting portal (casting.sharktankabc.com) and must include a 2‑minute video pitch, a concise business summary, and supporting financial documents.

Eligibility Criteria

Requirement Details
Business age Launched ≤ 5 years ago (exceptions for breakthrough concepts).
Revenue Minimum $100,000 annual revenue or validated pre‑sales for product‑first companies.
Ownership At least 50 % owned by the applicant(s); no majority ownership by outside investors.
Legal status Must be a registered U.S.entity (LLC, corporation, or partnership).
Industry Open to consumer goods, technology, health & wellness, food & beverage, and sustainable products.
Team size 1‑10 core team members (founders + key staff).

How to Submit a Pitch

  1. Create a 2‑minute video that covers:

  • Problem statement
  • Unique solution & prototype demo
  • Market size & traction metrics
  • Funding ask & equity offered
  • Upload the video to the casting portal (MP4, ≤ 500 MB).
  • Fill out the online submission form:
  • Business description (max 500 words)
  • Financial snapshot (last 12 months)
  • Team bios and roles
  • Attach supporting documents:
  • Pitch deck (PDF, ≤ 10 slides)
  • Recent tax returns or profit‑and‑loss statement
  • Confirm submission and await email acknowledgment (usually within 48 hours).

Key Dates and Deadlines

  • Casting announcement: 12 Jan 2026
  • Application window: 12 Jan 2026 – 31 Mar 2026
  • Video review period: 1 Apr 2026 – 15 May 2026
  • Final contestant selection: 1 Jun 2026 (announcement on Shark tank website)
  • Filming schedule: July – September 2026 (multiple locations across the U.S.)

What Sharks Look For

  • Clear market need – validated by customer testimonials or sales data.
  • Scalable business model – evidence of unit‑economics that improve with volume.
  • Founder passion and expertise – personal story that aligns with the product.
  • Competitive advantage – patents, exclusive distribution, or proprietary technology.
  • smart valuation – realistic equity request relative to current traction.

Common Pitch Mistakes to Avoid

  • Overloading the video with technical jargon instead of storytelling.
  • Presenting inflated financials or unverified projections.
  • Ignoring customer acquisition cost (CAC) and lifetime value (LTV) metrics.
  • Forgetting to address risk factors and how they will be mitigated.
  • Submitting low‑resolution video or missing any required document, leading to automatic disqualification.

Tips from Past Contestants (Season 13‑15)

  1. Start with a hook – the first 10 seconds should answer “Why should I care?”
  2. Show, don’t tell – a live demo of the product works far better than static images.
  3. Practice the ask – rehearse the exact amount of capital and equity you’re offering.
  4. Be obvious about challenges – Sharks respect honesty and often provide strategic advice.
  5. Follow up promptly – after being contacted, send a refined deck and updated metrics within 48 hours.

Benefits of Appearing on Shark Tank

  • National exposure: Average viewership of 3 million+ per episode.
  • Potential equity deals: 45 % of Season 14 deals secured funding on‑air.
  • Mentorship from veteran investors: Access to industry networks and operational guidance.
  • Brand credibility: Post‑show sales spikes of 200 % reported by several winners.
  • Media opportunities: Press coverage in major outlets (TechCrunch, Forbes, Inc.).

Next steps After Application

  • monitor email for the “casting‑review” invitation (includes next‑round interview schedule).
  • Prepare an in‑person pitch – if shortlisted, you’ll be asked to present to a panel of producers and a Shark.
  • Gather product samples – ready for hands‑on demonstration during the filming day.
  • Finalize legal documents – term sheet templates are provided by the production legal team.
  • Stay active on social media – announce your participation to build pre‑show buzz (use hashtags #SharkTankSeason18, #EntrepreneurPitch).

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