After quitting "America's Next Top Model" and "FABLife", the former supermodel is now tapped as one of the mentors in the new Shark Tank-esque show for NBC, reported Ace Showbiz.
Banks, 42, will be joined by two other mentors. They are Rob Dyrdek, the venture capitalist who holds 21 Guinness World Records for skateboarding, and Rohan Oza, the branding expert best known for his work on Vitamin Water.
The contestants will be competing for USD 1 million investment.
Banks, Dyrdek and Oza will mentor one lucky startup each. At the end of each episode, they have to pitch their ideas to a venture capitalist. Only one team will take home the prize.