Flated

Patented inflatable truck toppers and rooftop cargo carriers using drop-stitch technology.

FlatedDealAutomotiveWebsiteCarlsbad, CAby Ken Hoeve, Monique Keefer, Ryan GuayS14E16

Pitch Details

Season / Episode

S14E16

Mar 10, 2023

Ask

$350,000

for 5%

Ask Valuation

$7M

Deal

$350,000

for 0%

Watch the Pitch

Deal Terms

Amount$350,000
Equity0%
Royalty8% per unit until $350K repaid then 5% in perpetuity percent
Daymond JohnDaymond John

What Happened Next

Thriving

$9M

reported

  • Deal closed with Daymond John — $350K royalty deal (8% per unit until repaid, then 5% in perpetuity)
  • Monthly revenue exceeded $750K by mid-2024 (~$9M annualized)
  • Named to TIME's Best Inventions list
  • Secured retail distribution at REI stores nationwide
  • Expanded product line to inflatable chairs and picnic tables
  • Sold out inventory within 3 days of episode airing
  • International shipping to Canada, Argentina, New Zealand

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