Grind Basketball
Portable, collapsible, and affordable rebounding machine
Pitch Details
Season / Episode
S12E23
May 7, 2021
Ask
$250,000
for 5%
Ask Valuation
$5M
Deal
$250,000
for 25%
Watch the Pitch
Deal Terms
Amount$250,000
Equity25%
Valuation$1M
Barbara Corcoran
Mark CubanWhat Happened Next
Operating
$2M
reported
- On-air deal with Barbara Corcoran and Mark Cuban for $250K/25%; deal never closed
- Over $1M in pre-orders after airing
- Raised $1.6M in seed funding (December 2021 and June 2022)
- Founder Thomas Fields named Forbes 30 Under 30 (2022)
- GRIND Machine portable basketball shooting machine at $1,995
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