Bot-It AI App - Shark Tank Update

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Season 15, Episode 3 Founded by Maurice Bachelor and Joel Griffith In Business

Bot-It AI App Details

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Shark Tank Episode Details

Founders Maurice Bachelor and Joel Griffith
Air Date 2023-10-13
Season & Episode Season 15, Episode 3
Initial Ask $150K for 10.0% equity
Deal Details Got deal: $300K for 30.0% equity from Mark Cuban, Michael Rubin
Estimated Yearly Revenue Unknown
Estimated Net Worth (4x estimated revenue) Unknown

The Shark Tank Pitch

Before artificial intelligence became a fixture of mainstream conversation, Maurice Bachelor and Joel Griffith were already building in the space that mattered most to them: practical automation for the small business owners who power much of the American economy but lack the technology budgets of enterprise companies. Bot-It, their AI automation platform, took on the unglamorous but essential challenge of handling the repetitive digital tasks that eat hours every week for independent businesses - appointment scheduling, website form submissions, data entry, inventory updates, social media posting, and the dozens of other routine online interactions that consume time without requiring human judgment.

The insight behind the business was both simple and powerful. The same automation tools that Fortune 500 companies used to streamline operations were technically available to everyone via the internet - but in practice remained inaccessible to shop owners and solo entrepreneurs who had no engineering team and no IT department.

Bot-It's approach was to provide a no-code interface that any business owner could use to create custom automation workflows without programming knowledge. A salon owner could automate appointment reminders; a realtor could automate listing inquiries; a fitness studio could automate client onboarding sequences.

The platform worked across websites and third-party applications, executing the routine digital interactions that required a human finger on a keyboard but no human intelligence to perform. Maurice and Joel built Bot-It around the reality of small business operations: that owners were already stretched thin across customer acquisition, fulfillment, bookkeeping, and everything else - and that even modest time savings in repetitive digital workflows could meaningfully change how an operator spent their day.

The company's website, botit.com, served as both their product hub and their proof of concept, demonstrating that automation tools could be presented accessibly without sacrificing capability. When they appeared on Season 15 seeking $150,000 for 10% equity at a $1.5 million valuation, they arrived at an inflection point in the broader AI narrative.

Consumers and investors were just beginning to grasp that machine-assisted automation would reshape business operations at every scale, not just in enterprise software suites. Bot-It's pitch made the case that the massive, historically underserved small business market represented the most compelling opportunity in that transformation - and that founders who understood small business workflows from the inside were uniquely positioned to serve it.

Where Are They Now?

The Bot-It pitch produced an unusual investor combination that reflected the platform's dual value proposition. Mark Cuban, whose technology portfolio spanned numerous software investments, understood immediately the infrastructure play behind accessible automation.

Guest shark Michael Rubin - the billionaire founder of Fanatics whose empire was built on e-commerce scale rather than software development - brought a different perspective: the view of an operator who had spent years relying on automation tools to manage massive digital workflows and understood exactly what small businesses were missing when they lacked those tools. Together they offered $300,000 for 30% equity, doubling the investment Maurice and Joel had requested while acknowledging that building a competitive AI automation platform required significantly more capital runway than the founders' original ask implied.

The deal closed, providing Bot-It with both the financial resources to expand its engineering team and the strategic access that made the investor combination genuinely valuable beyond the check itself. Mark Cuban's direct experience building, scaling, and exiting technology companies gave Bot-It access to advice grounded in the operational realities of software businesses - how to prioritize product development cycles, when to build sales infrastructure versus leaning on self-service acquisition, how to price subscription tiers for small business customers whose budget and lifetime value dynamics differ significantly from enterprise contracts.

Michael Rubin's networks in retail and e-commerce meanwhile offered potential case study customers and distribution channels that could demonstrate Bot-It's value proposition in concrete, relatable terms to the exact operators the platform was designed to serve. The broader AI automation market has validated the thesis behind Bot-It's founding in dramatic fashion since 2023.

Enterprise and consumer demand for tools that eliminate repetitive digital labor has accelerated far beyond what most industry observers anticipated, creating substantial tailwinds for platforms positioned at the small business layer of that market. Companies that built early infrastructure and product credibility in accessible automation, as Bot-It did, found themselves favorably positioned as the AI conversation shifted from niche technical circles into mainstream business strategy.

Revenue

Unknown

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