Mont Handley created Pitt Moss to address a big problem with peat moss. Peat moss is a soil enhancement that helps plants grow. But harvesting it harms the environment. Mont wanted to find a better way to help plants while also protecting nature. He created Pitt Moss using recycled newspaper. This alternative to peat moss is eco-friendly and sustainable. The product also works better than peat moss.
Mont went to Shark Tank to ask for help. He wanted $600,000 for 25% of his company. The investment would help him grow the business and improve the product. But getting the investment was not easy. The Sharks had many questions. Will the entrepreneur get a deal on Shark Tank? Check out the PittMoss update!
PittMoss Net Worth Shark Tank Update 2025
Mont Handley went on Shark Tank asking for $600,000 for 25% of his company. This meant he thought his business was worth $2,400,000. He made a deal with Mark Cuban, Kevin O’Leary, and Robert Herjavec for $600,000 for 35%, lowering the valuation to $1,714,286. The episode was aired on April 10, 2015. The eco-friendly peat moss alternative remains active and continues to expand in garden and agricultural markets. Using the default 10% yearly growth method, the current net worth of Pitt Moss is estimated to be around $5–6 million in 2025.
After the show aired, Pitt Moss gained more attention. Mont used the investment to grow his business. He worked on improving his product and expanding his reach. The company continued to grow and get more customers. The Sharks helped Mont improve the product and scale the business. With their help, Pitt Moss expanded into more markets.
They focused on selling to eco-conscious consumers who wanted sustainable products. Mont’s company started to gain a bigger presence in the gardening industry. As of 2024, Pitt Moss is still in business. The company continues to offer eco-friendly gardening products. It is working on increasing production and sales to meet growing demand.
Yes Pitt Moss did get a deal on Shark Tank. Mont Handley was able to secure $600,000 for 35% equity in his business. Initially, he asked for $600,000 for 25% equity. But Kevin O’Leary offered the money for 40% equity. Mont countered by asking for 30%, and Kevin countered again with 35%. At this point, Robert Herjavec and Mark Cuban joined the deal.
The three Sharks agreed to invest $600,000 in exchange for 35% equity in the business. Mont accepted their offer. This was a big win for Mont and Pitt Moss. The investment helped the company grow and improve the product.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Barbara Corcoran | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | $600,000 for 40% equity | #1 $600,000 for 30% equity #2 $600,000 for 35% equity | Yes to 2nd |
| Robert Herjavec | $600,000 for 35% equity (with Kevin) | N/A | Yes |
| Mark Cuban | $600,000 for 35% equity (with Kevin) | N/A | Yes |
PittMoss shark tank pitch
Mont Handley had a strong reason to create Pitt Moss. He wanted to help the environment. Peat moss was harming the planet. It was being harvested at a rapid rate and causing environmental damage. Mont knew there had to be a better way. He came up with the idea to use recycled newspaper as a base for his product. He wanted to make a product that could be a sustainable alternative to peat moss.
His goal was to create something that would help gardeners while also protecting nature. Creating the product was not easy. Mont faced challenges in finding the right materials and production methods. He had to find a way to make his product strong and effective for gardening use. There were also issues with scaling the production. Mont had to figure out how to make enough products to meet the growing demand.
Despite these challenges, Mont was determined to make it work. He kept refining the product and the production process. Over time, he created Pitt Moss as an eco-friendly and sustainable product that worked better than peat moss. The product was a big hit with gardeners and environmentalists. It quickly became a solution that could help reduce the damage caused by traditional peat moss harvesting.
Mont’s journey wasn’t easy, but he was passionate about his mission. He wanted to make a positive impact on the environment while also providing a useful product for gardeners. His commitment to sustainability helped him stay focused through the tough times.
Mont Handley entered the Shark Tank with a strong mission and a passion for his product. He introduced Pitt Moss as an eco-friendly alternative to peat moss. He explained how peat moss was harmful to the environment and how Pitt Moss could solve this problem. The product was made from recycled newspaper and was 100% peat-free. Mont also shared that Pitt Moss worked better than traditional peat moss.
Customers were already reporting great results. Mont asked the Sharks for $600,000 in exchange for 25% equity in his company. He shared that the money would be used to grow the business and scale production. He also mentioned that the company had a 60% profit margin. Pitt Moss was selling at $2.00 per cubic foot, and Mont wanted to use the investment to increase sales and expand.
However, Mont faced a big challenge. The company only had $22,000 in revenue from the previous seven months. This was a major concern for the Sharks. Mont’s pitch was compelling, but the revenue numbers didn’t impress the Sharks. Barbara Corcoran and Lori Greiner both decided to drop out. They felt the business was too early to invest in. But Kevin O’Leary showed interest.
He liked the idea but wanted a bigger stake. He offered $600,000 for 40% equity. Mont responded by countering with 30% equity. Kevin then lowered his offer to 35%, which Mont accepted. At this point, Mark Cuban and Robert Herjavec joined the deal, making the final offer of $600,000 for 35% equity.
During the pitch, the Sharks had several questions for Mont Handley. They were interested in learning more about Pitt Moss and its potential. The Sharks wanted to understand how the product was made and what made it better than peat moss. They also asked about the financials and how the company planned to scale. One of the first questions came from Kevin O’Leary. He asked Mont how the product was made.
Mont explained that Pitt Moss was made from recycled newspaper. The newspaper was processed and turned into a product that could be used as a soil enhancer. Kevin seemed intrigued but still had concerns about the business’s growth. He wanted to know more about the production process and how Mont planned to meet the demand. Mark Cuban also asked about the company’s current sales.
Mont shared that the company had earned $22,000 in revenue over the past seven months. This number was concerning to the Sharks, as it was not enough to justify the $600,000 investment. Mont explained that he had been focused on refining the product and wasn’t yet focused on scaling. He wanted the investment to help grow the business and increase production. Lori Greiner was the first to drop out.
She didn’t think the business was ready for investment. She believed it was too early and the numbers weren’t strong enough. Barbara Corcoran also decided to drop out. She didn’t think there was enough proof that the product would succeed on a larger scale. Kevin O’Leary then made his offer of $600,000 for 40% equity. He liked the product but wanted a larger stake in the company.
Mont countered by offering 30% equity instead of 40%. Kevin responded by lowering his offer to 35%. At this point, Robert Herjavec and Mark Cuban joined the deal. Together, they agreed to invest $600,000 for 35% equity in Pitt Moss. Mont accepted their offer, and the deal was made.
The Sharks had different responses to Mont Handley’s pitch. Some were interested in the product, while others were concerned about the financials. Kevin O’Leary was the first to offer an investment. He liked the product but wanted 40% equity in exchange for $600,000. This offer was higher than what Mont had requested, and it raised some eyebrows. Mont countered with a 30% equity offer, but Kevin was not ready to accept that.
He lowered his offer to 35% equity, and this was the turning point. At this point, Robert Herjavec and Mark Cuban decided to join the deal. They saw the potential in the product and were willing to invest alongside Kevin. The three Sharks offered $600,000 for 35% equity in PittMoss.Mont accepted the offer, and the deal was made. This was a huge moment for Mont and Pitt Moss.
The three Sharks brought not only money but also expertise. Mark Cuban and Robert Herjavec were experienced investors who could help Mont scale the business. Kevin O’Leary also brought valuable business advice. With the support of the Sharks Mont was ready to take Pitt Moss to the next level.
What Went Wrong With PittMoss On Shark Tank?
Pitt Moss faced several challenges in securing a deal. The biggest issue was the company’s financials. With only $22,000 in revenue over seven months, the Sharks were hesitant to invest. The company had not yet proven that it could generate enough sales to justify the investment. Barbara Corcoran and Lori Greiner both dropped out because they felt the business was too early.
They didn’t think the product was ready for mass-market success. Despite these challenges, Mont was able to secure a deal with the Sharks. Kevin O’Leary’s offer of $600,000 for 40% equity was the first step. Mont countered at 30%, but Kevin came back with a 35% offer. At this point, Mark Cuban and Robert Herjavec joined the deal, making it even stronger. Mont was able to negotiate a fair deal and gain the support he needed to grow his business.
Product Availability
Pitt Moss is available for purchase in various places. The product is sold online and in retail stores. It is available in garden centers and other stores that focus on eco-friendly products. You can buy Pitt Moss on the company’s website or through online retailers like Amazon. The product is sold at a price of $2.00 per cubic foot. It is sold in bags and can be used for a variety of gardening purposes.
Pitt Moss is an organic potting mix that is 100% peat-free. It is made from recycled newspapers and other sustainable materials. The product is designed to help plants grow while reducing environmental harm. Pitt Moss is also available in different types of mixes. There are options for natural gardening, which require less water and encourage clean and safe root growth.
The product is designed to help gardeners grow plants in a more sustainable way while also reducing nitrogen runoff. Pitt Moss can be found both online and in physical stores. It is easy to order online through the company website or other major retailers.
Conclusion
Pitt Moss had a successful journey on Shark Tank. Despite early challenges, Mont Handley was able to secure a deal with three Sharks. Mark Cuban, Kevin O’Leary, and Robert Herjavec invested $600,000 for 35% equity in the business. With their help, Pitt Moss was able to grow and expand. The company gained attention for its eco-friendly and sustainable products.
As of 2024, Pitt Moss is still in business and continues to provide an alternative to peat moss. The investment from the Sharks helped the company scale and improve its product. Mont Handley’s vision for a better and more sustainable product continues to make a positive impact on the environment.
Hi, I’m Laiba Khurram, a BBA student specializing in Marketing at FAST NUCES ISB. My background includes experience in finance, marketing, and event coordination. My skills include teamwork, time management, and Microsoft tools. Watching Shark Tank has always inspired me, as I admire the innovative pitches and entrepreneurial spirit showcased on the show. This passion drives my approach to finding creative solutions and understanding market dynamics. Read more About me.
