Shark Tank Prepdeck Update

Prepdeck Cooking System Update | Shark Tank Season 13

Cooking at home is great, but it can be messy. Alexander Eburne’s Prepdeck organization system helps cut down on the mess and keeps all of your tools where you can find them. After pitching the company on Shark Tank Season 13, how will the sharks react to this all-in-one cooking organizer? Find out in our Prepdeck update and recap.

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

Alexander Eburne appeared on Shark Tank Season 13 and left without a deal. In terms of a Prepdeck update, the company is still in business and has over $18.5 million in lifetime sales. Further, the company has added additional products to help make life in the kitchen easier for everyone.

Shark: Result:
Kevin O’Leary Offer of $750,000 loan with 9.5% interest over 36 months for a 5% equity stake
Mark Cuban No Offer
Lori Greiner No Offer
Barbara Corcoran No Offer 
Daniel Lubetzky No Offer

Shark Tank Prepdeck Update

Prepdeck Update Shark Tank

  • Entrepreneur: Alexander Eburne
  • Business: Kitchen organization tool system
  • Ask: $750,000 for 7.5% equity
  • Result: No deal
  • Shark: None

Alexander Eburne was tired of making huge messes during kitchen prep, so he set out to keep cooking organized with his product, Prepdeck. This organization kit has places for ingredients, an integrated cutting board, and dozens of snap-on tools for an all-in-one experience.

Minimize the Mess
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After the pitch, the sharks stay relatively quiet about the product but are enthusiastic about Alexander’s sales.

At the time of Alexander’s appearance on Shark Tank, Prepdeck already had a few million dollars in sales. By the end of the filming year, he projected $10 million in sales.

When they ask how he plans to use the money, Alexander gives a neat, business-savvy answer that the sharks love.

However, Barbara Corcoran is the first to go out regardless. She’s particular about her cooking surfaces, and plastic just doesn’t cut it.

Kevin O’Leary, on the other hand, offers a $750,000 loan with 9.5% interest over 36 months for a 5% equity stake. He promises to brand the company with a Chef Wonderful endorsement, as the product fits right in his wheelhouse.

Kevin has already invested in some other cooking accessories from Shark Tank like Turbo Trusser and Banana Loca, and thinks Prepdeck would be a good fit.

To clear the deck, guest shark Daniel Lubetzky bows out. Mark Cuban follows Daniel, going out as well.

Both say that they just don’t understand the market well enough. Mark, however, does appreciate that Prepdeck includes a little shot glass.

Next, Lori Greiner leaves the deal as well. She simply can’t get excited about the low equity, especially considering the high asking cost.

This leaves Kevin and his offer at the table. Alexander counters for 9% interest and interest-only payments, as it’s a tight turnaround to recoup the funds.

He also tries to decrease the equity ask to 3%. However, Kevin wasn’t interested in taking it.

They haggle a bit but ultimately don’t reach an agreement, as Alex just can’t justify the risk. While Kevin says he respects Alex’s decision, Prepdeck walks away without a deal.

So, what happened to the company after their Shark Tank appearance? Find out in our Prepdeck update.

Since appearing on Shark Tank, Prepdeck has released a few more products that are available on its Amazon storefront. The company now offers a soup cube device, cooking utensils, and non-stick cooking sheet organizers.

Also, the more streamlined Prepdeck Gen 2 was recently released, as well. With so many new products, Prepdeck is well on the way to becoming a kitchen lifestyle brand.

According to Food Republic, Prepdeck achieved 500% growth in three years and has gone on to reach more than $18.5 million in lifetime sales.

Even though Alex found incredible success launching Prepdeck, it’s not the only project he’s focused on. According to LinkedIn, Alex is also the founder and CEO of TLNT, a business focusing on helping companies find top international talent.

You can purchase a prep board on the official Prepdeck website. We’re looking forward to seeing what the next Prepdeck update reveals.

Curious about the other company updates from Season 13 Episode 16? Find them here.

Before you go, don’t forget to check out our Season 13 products page for more company updates from Season 13.

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Kimberly is a writer for Shark Tank Recap. She has written episode summaries and updates across multiple seasons of Shark Tank, with a focus on complete and accurate information since 2021. She believes that getting the business aspects of each deal correct is extremely important for viewers and fans. Her favorite Shark Tank products are The Wobbles and Rocketbook!