SingTrix

singtrix

John Devecka and Eric Berkowitz, two of the creators of Guitar Hero, pitches SingTrix, a karaoke machine for the 21st century, in Shark Tank episode 609. What Guitar Hero did for guitar god wannabees is what SingTrix hopes to do for karaoke. The SingTrix kit allows users to plug in a smartphone or tablet and play music. Whether you play tunes from your own library, Youtube, or from the 13,000 plus songs in the Singtrix app's library. The unit automatically removes the vocal tracks so you can sing along.

The Singtrix Party Bundle comes with everything you need to start rocking out: 40-watt 2.1 channel speaker with built-in subwoofer, two custom microphones, an adjustable mic stand, and holders for your smart phone or tablet.

What makes Singtrix unlike any other karaoke machine is it allows users to add harmony or even duplicate their favorite artist's voice! People can adjust the level of harmonic vocal compensation which lets so-so singers sound like a pro and good singers sound like a rock God. This product literally turns anyone into a real rock vocalist!

Will Mr. Devecka and Mr. Berkowitz harmonize with a Shark?

SingTrix Shark Tank Recap

John and Eric come in and ask for $1.5 million for 5% of the company. They explain the Singtrix and demo the product. The Sharks laugh when John sings without Singtrix. When he sings through the Singtrix, the Sharks are AMAZED! They cycle through some of the special vocal effects and the Sharks are impressed.

They explain how they sold their patents to Activision for Guitar Hero and tell the Sharks they've sold $1.2 million in the past 6 months. They explain a large consumer electronics distribution company who wants to distribute 30,000 units this year. The guys say they want to ally with partners who will make them better. Mark says he'll be a customer, but he's out.

Mr. Wonderful offers.$1.5 million for 50% and if he gets his money back in 18 months, he drops to 10% with a $2.50 per unit royalty. Robert offers $1.5 million for 30%. Lori then offers $1.5 million for 30% and backs down to 10% after 18 months with a $2.50 royalty. The Sharks argue among themselves, then Daymond then offers $1.5 million for 25% and says he'll finance all future orders.

The guys counter with $1.5 million for 7%. Daymond and Lori quickly back out as does Robert. Kevin says they are the classic “you're dead to me,” and he goes out.

RESULT: NO DEAL

SingTrix Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on SingTrix, Eric Berkowitz, and John Devecka as more details become available.

Posts About SingTrix on Shark Tank Blog

Ultimate Karaoke Machine

Purchase Orders Make “No Deal” a Good Deal in the Tank

SingTrix Information

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