Gary DeJohn, the inventor of Vinamor, created a unique wine aerator designed to aerate wine by the glass, maximizing exposure to air for better flavor. He appeared on Shark Tank Season 3, Episode 9, seeking $75,000 for 30% equity to grow his business. Despite the product’s appeal, Gary left the Tank without a deal.
Company Name | Vinamor | |
Founder/Co-Founder | Gary DeJohn | |
Founded | Early 2010s | |
Product | Wine aerator | |
Asked For | $75,000 for 30% equity | |
Final Deal | No Deal | |
Shark | No Shark | |
Episode | S3 E9 | |
Air Date | March 16, 2012 | |
Business Status | Out of Business | |
Website | Visit Website | |
Headquarters | California, United States | |
Annual (Revenue) | Over $1 million | |
Worth / Valuation | $250,000 | |
Buy and Watch | Buy Now | Amazon Prime |
Business Pitch Episode Recap
Gary pitched Vinamor as a novel wine aerator that works by aerating wine directly in the glass, a feature he claimed was unique compared to other aerators. He asked for $75,000 in exchange for 30% equity, valuing the company at around $250,000.
The sharks showed polite interest but ultimately declined. Barbara Corcoran agreed there was a market but didn’t want to invest personally.
Kevin O’Leary acknowledged the product’s effectiveness but advised licensing to major wine manufacturers, which Gary was unwilling to do. With no other sharks willing to invest, Gary left without a deal.
Sharks Offers List
Sharks | Offers |
---|---|
Barbara Corcoran | No Offer |
Kevin O’Leary | No Offer |
Mark Cuban | No Offer |
Daymond John | No Offer |
Robert Herjavec | No Offer |
Founder’s Counter | No Counter |
Final Deals | No Deal |
Vinamor Shark Tank Update
Although Gary did not secure investment on Shark Tank, he had already obtained a loan to grow the business. Vinamor experienced a period of strong sales and was available on Amazon for some time.
Currently, it is no longer sold on Amazon but can still be purchased directly through the Vinamor website, which offers a money-back guarantee.
The product’s market presence has diminished, and it is not widely available in retail channels. However, the company remains active in a limited capacity.
What Is Vinamor Net Worth?
At the time of the Shark Tank pitch, Vinamor was worth approximately $250,000, based on Gary’s ask of $75,000 for 30% equity. While the sharks passed on investing, the company managed to grow through alternative funding and sales channels.