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The series is based on the Sony Pictures Television International format Dragons' Den and features a panel of entrepreneurs and business executives called "Sharks" who consider offers from other entrepreneurs seeking investments for their business or product. The series is produced by Mark Burnett in conjunction with Sony and has been compared to the ABC series American Inventor.
The show includes a panel of potential investors. Two of the panel members, Robert Herjavec and Kevin O'Leary, have also appeared on the Canadian show, Dragons' Den. Other past and present members of the panel include: Barbara Corcoran, Daymond John, Kevin Harrington, Dallas Mavericks owner Mark Cuban, comedian Jeff Foxworthy and Lori Greiner.
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