Charles Yim entered the Shark Tank in season 5 to pitch his company, Breathometer. He was asking for a $250,000 investment for 10% of his business. Get a recap of the episode and see if they are still in business today.
Business Name
Breathometer
Founder
Charles Yim
Business Genre
Public Safety
Shark Tank Season and Episode #
Season 5 Episode 2
Asking Price
$250,000 for 10%
Business Status
Out of Business
What is Breathometer?
Breathometer is a personal breathalyzer attachment for smartphones. The device is no bigger than a keychain. You plug it into your phone, use the companion app, and blow. Your blood alcohol level will be revealed, and if you’re over the legal limit, it’ll even call you a cab, suggest nearby hotels, and notify friends or family.
Did They Strike a Deal?
Yes, in a rarity, Charles Yim struck a deal with all 5 sharks for the episode: Robert Herjavec, Kevin O’Leary, Mark Cuban, Lori Greiner, and Daymond John. The deal was for $1,000,000 for 30%.
Shark Tank Recap
Kevin O’Leary had questions about liability, but Charles said that nothing is a replacement for good judgment. Lori Greiner blew into the Breathometer after Charles served the sharks champagne before his pitch. Mark Cuban sensed an opportunity and acted fast, offering $500,000 for 20%.
Then, Kevin offered $250,000 for 15%. Next, Robert, Kevin, and Lori teamed up to offer $750,000 for 30%. Daymond offered $250,000 for 10% and unlimited manufacturing. Finally, Kevin proposed that all 5 of them do the deal together for $1 million. They eventually agreed on the 30%, and the deal was made.
Post Shark Tank, they had a few followup episodes showing the company’s successes, including a Bluetooth version of the Breathometer called The Breeze.
Breathometer Shark Tank Recap: How Much Did They Ask For?
They asked for $250,000 for 10%.
Who is Charles Yim?
Charles Yim is the founder and CEO of Breathometer. He started it in 2013, having prior experience in startups. Currently, Charles is a venture capitalist who owns his own company, Sync VC.
Are They Still in Business?
No, they are not in business – at least not with Breathometer. It was on the market from 2013-2015, but legal trouble and other issues halted production. In 2015, the company pivoted to market Mint, an oral health analyzer.
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