CoinOut appeared on Shark Tank in Season 9, Episode 22, which aired on February 25, 2018.
The founder, Jeff Witten, pitched his app, which allows users to scan and store receipts to earn cash back. He asked for $250,000 in exchange for a 7.5% equity stake.
After some negotiation, Robert Herjavec offered $250,000 for a 15% equity stake, which Witten accepted
Jeff Bezos is backing a promising electric vehicle (EV) startup named Slate Auto, which has unveiled plans for a $25,000 electric pickup truck. The company, founded in Troy, Michigan, is part of Re:Build Manufacturing, a venture orchestrated by Bezos. Slate Auto has garnered significant attention for its ambitious goal to produce an affordable EV, Slate Auto is poised to disrupt the EV market. The startup aims to begin production as early as next year, focusing on delivering a practical and rugged electric pickup designed for everyday adventurers.