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RoboBurger Vending Machine Update | Shark Tank Season 15

Entrepreneurs Audley Wilson, Andy Siegal, and Dan Braido pitched their new burger concept during Shark Tank Season 15. RoboBurger makes getting a gourmet burger easier than ever! That’s because RoboBurger lets you order a meal straight from a vending machine! Will this innovative idea get them a deal? Find out in our RoboBurger update and pitch recap!

If you’re short on time, here’s a quick overview of what happened to RoboBurger after Shark Tank!

Audley Wilson, Andy Siegal, and Dan Braido appeared on Shark Tank Season 15 and got a two-shark deal with guest sharks Michael Rubin and Kevin O’Leary for $1.5 million as a loan for 9% equity. In terms of a RoboBurger update, the company is still in business, and you can sign up to lease your own RoboBurger through the company’s website.

Shark:Result:
Michael Rubin, Kevin O’LearyAccepted deal for $1.5 million as a loan, 9% equity
Lori GreinerNo offer
Barbara CorcoranNo offer
Mark CubanNo offer

Shark Tank RoboBurger Pitch

RoboBurger Update
  • Entrepreneurs: Audley Wilson, Andy Siegal, and Dan Braido
  • Business: Burger Vending Machine
  • Ask: $1.5 million for 5% equity
  • Result: $1.5 million as a loan, 9% equity
  • Shark: Kevin O’Leary and Michael Rubin

Audley Wilson, Andy Siegal, and Dan Braido present their hamburger vending machine to the sharks, explaining that RoboBurger can make them a delicious burger in under 4 minutes! This is great for customers, and changing the concept of restaurant ownership.

It can take a lot of capital and plenty of employees to run a restaurant. However, according to the entrepreneurs, RoboBurger is the first autonomous machine of its kind. They have figured out a way to serve up a burger in a futuristic way.

Not only does the RoboChef grill the patty, but it also toasts the buns, adds the condiments, boxes the patty, and serves it hot. Their multi-patented machine doesn’t require any plumbing or venting, and the guys say that the concept’s options are endless.

The owners invite guest shark Michael Rubin up to try out the RoboBurger for himself. As he goes through the process of ordering his burger, it’s clear that this has been well thought out, especially because you can customize the burger to your own preferences.

That said, you can’t customize the way that you like your burger cooked. You can only get them well done, because, from a health and safety standpoint, the RoboBurger can only re-thermalize the pre-cooked meat.

Michael asks the owners if they will license their machines to other brands. As it turns out, yes, this is the plan.

RoboBurger is ultimately a robot restaurant company, and does plan to eventually license their invention to other companies.

Mark Cuban argues that several robotic restaurant companies exist. The owners insist that, with four patents, they technically own the robotically made sandwich.

Kevin O’Leary poses the idea of purchasing a machine for his company of 1,000 employees, and wants to know how much this would cost. The guys tell him he’d have to lease 4 machines, at $3,000 a month, per machine.

However, this does not include the cost of the food that would go inside the machine. In terms of cost, burgers retail for between $5.99-$6.99 and cost just under $3 to make.

Unfortunately, the answers to some of the sharks’ questions seem to be coming out in such a way that frustrates them, especially Kevin. He wants to know how he’s going to make money but can’t seem to get the answer he wants.

Despite this struggle, he finally gets to the bottom of revenue projections. In the year of filming, the guys think they will end with $1.4 million, but lose $700,000.

Additionally, they hope to make $7 million the following year, profiting $1.6 million.

Mark doesn’t agree with these projections and sees too many issues surrounding cost. For these reasons, he’s out.

Likewise, Michael thinks the idea is good, but the economics don’t make sense. He goes out next.

Barbara Corcoran is leery of getting involved with another vending-style food business, especially after experiences she’s had with Daisy Cakes. She is also out.

Lori Greiner isn’t following the presentation as it was laid out, and says it was confusing. While she will be cheering for RoboBurger, she won’t be investing.

At this point, Michael jumps back in with a finance offer, offering $1.5 million to help finance orders on the machines, in exchange for 10% of the company. The guys counter him with 2% equity, but Michael insists he won’t do it for anything less than 10%.

Just then, Kevin and Michael partner up to go in on Michael’s offer together. The entrepreneurs counter back with 8% equity, and Michael and Kevin counter back with 9%.

Without any further hesitation, RoboBurger accepts the deal. Keep reading our RoboBurger update to find out what happens next!

Shark Tank RoboBurger Update

In terms of a RoboBurger update, things are looking good so far for this company. Maybe in the near future, you may even see a RoboBurger machine pop up near you!

Since airing, the trip has improved the RoboBurger machine, which can now make plant-based burgers and breakfast sandwiches.

If you’re interested in leasing a RoboBurger machine, you can apply through the RoboBurger website.

Once the dust settles, we will circle back for a more in-depth RoboBurger update.

In the meantime, you can check out our other company updates from Season 15, Episode 21, by following the links below!

For even more on companies and products, be sure to stop by our Season 15 Products Page before you go!

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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!