Glace Cryotherapy

whole-body cryotherapy device

Glace CryotherapyDidn't CloseHealth & WellnessWebsiteMountain View, CAS7E20

Pitch Details

Season / Episode

S7E20

Feb 26, 2016

Ask

$100,000

for 15%

Ask Valuation

$666,667

Deal

$100,000

for 30%

Deal Terms

Amount$100,000
Equity30%
Valuation$333,333
Barbara CorcoranBarbara Corcoran

What Happened Next

Deal Fell Through

Deal with Corcoran never closed. Co-founder confirmed on social media the deal didn't go through but gave no specific reason.

Operating
0
  • Appeared on Season 7; deal with Kevin O'Leary on-air but deal did not close
  • Cryotherapy franchise/retail concept
  • Struggled with the franchise model and high overhead costs
  • Cryotherapy industry faced regulatory scrutiny
  • Company appears to have closed or significantly scaled back

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