Do Amore
Sustainable, ethically-sourced engagement rings that provide clean water
Pitch Details
Season / Episode
S13E16
Mar 18, 2022
Ask
$600,000
for 6%
Ask Valuation
$10M
Deal
$600,000
for 15%
Watch the Pitch
Deal Terms
Amount$600,000
Equity15%
Valuation$4M
Daniel LubetzkyWhat Happened Next
Thriving
- Deal with Daniel Lubetzky for $600K/15% did not close; officially dead by August 2023
- 2021 revenue: $11M; 2022: ~$12M; lifetime over $30M as of July 2024
- Dug 63 wells in 12 countries providing clean water for ~20,000 people by July 2024
- Suspended Russian diamond purchases after Ukraine invasion
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