LARQ
Self-cleaning and purifying water bottle
Pitch Details
Season / Episode
S12E21
Apr 16, 2021
Ask
$500,000
for 1%
Ask Valuation
$50M
Deal
$1M
for 4%
Watch the Pitch
Deal Terms
Amount$1M
Equity4%
Valuation$25M
What Happened Next
Deal Fell Through
Deal with Lori and Kevin never closed; company raised $10M+ independently, later acquired by BRITA
Acquired
Acquired by Brita in early 2024, estimated $50-70M
$30M
Growjo 2024
- Deal closed: $1,000,000 for 4% equity with Lori Greiner and Kevin O'Leary
- Over $7 million in sales in 2019; scaled to $30 million in sales; raised over $15 million in venture capital
- Acquired by BRITA in 2024
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