Packback Wins on Shark Tank


We had to wait until the end of the Shark Tank episode on Friday, March 21 to finally see co-founders Kasey Gandham and Mike Shannon pitch Packback. It was worth the wait, though, as Kasey and Mike left with a $250,000 investment from Mark Cuban in exchange for 20% equity (and a few good laughs, after Kasey tried to counter with a lower offer of $200,000! Oops!). The Chicago startup community rallied around the local celebreties, with a packed viewing party at 1871. Check out the article in Chicago Tribune's Blue Sky Innovation that captured the scene perfectly with photographs of the excitement and a video of the final moments of the show.

If you missed it, watch the episode here.

Congratulations to the entire Packback team!