Circadian Optics
Circadian Optics -
Pitch Details
Season / Episode
S11E2
Oct 6, 2019
Ask
$750,000
for 10%
Ask Valuation
$7.5M
Deal
$750,000
for 20%
Watch the Pitch
Deal Terms
Amount$750,000
Equity20%
Valuation$3.8M
Mark Cuban
Lori GreinerWhat Happened Next
Deal Fell Through
Deal with Cuban and Greiner did not close during due diligence. No specific reason publicly documented. Company was later acquired by Thrasio.
Operating
- Deal did not close despite on-air handshake
- $4M in sales at pitch with 70% profit margin
- Generating $4M per year in revenue as of April 2022
- Products available on Amazon; expanded number of designs
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