STEM Center USA’s Robotics Educational Company Gets $200,000 in ‘Shark Tank’ Competition

Published by , November 2, 2015 11:40 am

(IndiaWest) — Sisters Lavanya and Melissa Jawaharlal appeared on the Oct. 30 episode of “Shark Tank” on ABC to pitch their STEM Center USA company and came away $200,000 from Shark Lori Greiner, who will get 20 percent stake in the company. STEM Center USA, based in Pomona, Calif., is a robotics educational company that works to excite the next generation of science, technology, engineering, and mathematics leaders through hands-on education. The center has 85 students, with 75 attending year-round. Annual memberships at the center range from $1,400 to $1,800 – or $135 on a monthly basis.

The sisters came out and pitched their company to the five “Sharks” on the show – Kevin O’Leary, Robert Herjavec, Greiner, Mark Cuban and guest Chris Sacca. They asked for $150,000 dollars in exchange for 15 percent of the company.

Tags: , , ,