Steve Harvey's Funderdome is a seed-funding, reality-competition series where two budding entrepreneurs go head-to-head to win over a live studio audience to fund their ideas, products, and companies.
In each of the thirteen episodes, the audience will represent the "customer" and as the customer is always right, they will be voting to determine the winner. In each round, following the pitches and before Harvey reveals the results of the crowd's majority vote, the entrepreneurs will face a major dilemma: one of the entrepreneurs is allowed to cash out and walk away for a lesser amount. However, if an entrepreneur cashes out, they forgo the opportunity to win the whole cash prize for that round - a good move if they lost the crowd vote, but a bad move if they would have won it.
The title "Funderdome" is a spoof of the word "Thunderdome.
The show premiered after the third season premiere of Celebrity Family Feud.
Mark Burnett is one of the executive producers of the show.