Lavabox

Portable propane campfires built from military ammo cans

LavaboxDidn't CloseFitness & SportsWebsiteCOby Josh ThurmondS14E18

Pitch Details

Season / Episode

S14E18

Mar 31, 2023

Ask

$200,000

for 10%

Ask Valuation

$2M

Deal

$200,000

for 12.5%

Watch the Pitch

Deal Terms

Amount$200,000
Equity12.5%
Valuation$1.6M
Royalty0.75 per_unit

What Happened Next

Deal Fell Through

Founder chose not to close ~10 months after filming

Thriving

$2M

reported

  • Accepted deal with Lori Greiner on air ($200K/12.5% + $0.75/unit royalty); founder chose not to close ~10 months later to retain full ownership
  • Revenue reached ~$1M in 2022; on track for ~$2M in 2023
  • Launched Amazon storefront in July 2024
  • Donates $1 per sale to Protect Our Rivers conservation org
  • Retained full ownership by declining Lori's deal

Get updates on Lavabox