singtrix season 6


Product Intro:

“SingTrix” a karaoke system with pitch correction and various vocal effects.

Everyone can be the lead singer! From the creators the first Guitar Hero® game comes Singtrix Karaoke — the most revolutionary singing experience ever created. Singtrix technology instantly makes bad singers sound good & good singers sound amazing! Singtrix will rock your house with the same professional quality studio effects that the pro’s use like live vocal harmonies (instant back up singers), natural voice-tuning & insanely funny extreme sound effects that will push the limits if reality.

Singtrix makes everyone sound like their favorite rock stars and works with any music & any audio device. Experience the thrill of singing and get the voice you’ve always dreamed of.

Founder Intro:

The duo from New York was next up in the tank with their revolutionized karaoke machine. Asking for 1.5M for 5% equity in the company, the business showed strong sales over the past 6 months selling over 4,000 units. The $1.2M in sales got Lori, Daymond, and Mark all giving offers to the guys. The team from SingTrix was looking to ”get involved with someone who will make them better”. However, founders Erik and John were unable to give up any more equity than 7%. Due to this, the sharks immediately withdrew offers and SingTrix was left without a deal. With over 350 effects, SingTrix could revolutionize karaoke parties forever! Best of luck to this team.


Mark: “I don’t see it working” – He was out.
Lori: Offered 1.5M for 30%, then equity goes down to 15% once paid back.
Robert: Offered 1.5M for 20%, eventually goes in on deal with Lori
Daymond: Offered 1.5M for 25%, but will finance orders
Kevin: 1.5M for 50%, but once paid back his equity goes to 10%, with a $2.5 royalty deal after.

The guys came back with 1.5M offer for 7%. Sharks are stunned and all bail!

No deal for SingTrix.


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