LARQ

Self-cleaning and purifying water bottle

LARQDidn't CloseHealth & WellnessWebsiteby Justin WangS12E21

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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