Lavabox
Portable propane campfires built from military ammo cans
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
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