Coolbox

toolbox with innovative features and integrated technology

CoolboxDidn't CloseHome & LifestyleWebsiteby Chris Stoikos and Jason NeubauerS7E23

Pitch Details

Season / Episode

S7E23

Apr 8, 2016

Ask

$500,000

for 10%

Ask Valuation

$5M

Deal

$500,000

for 15%

Watch the Pitch

Deal Terms

Amount$500,000
Equity15%
Valuation$3.3M
Loan$500,000
Lori GreinerLori Greiner

What Happened Next

Deal Fell Through

Greiner's deal was conditional on Lowe's agreeing to stock the product; Lowe's did not commit, so the deal fell through.

Operating
0
  • Appeared on Season 7; no deal made on the show
  • High-tech toolbox with built-in Bluetooth speaker, whiteboard, USB charger, etc.
  • Originally funded through Kickstarter and Indiegogo
  • Struggled with manufacturing and fulfillment challenges
  • Company ceased operations; failed to deliver on crowdfunding promises

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