Loctote Industrial Bag
drawstring pack that is cut-resistant
Pitch Details
Season / Episode
S8E22
Apr 21, 2017
Ask
$150,000
for 5%
Ask Valuation
$3M
Deal
$150,000
for 10%
Watch the Pitch
Deal Terms
Amount$150,000
Equity10%
Valuation$1.5M
Royaltyyes per_unit
Robert HerjavecWhat Happened Next
Deal Fell Through
Deal did not close; founders and Robert Herjavec could not agree on terms after the show
Operating
$3M
estimated
- Theft-resistant bags made from slash-proof material
- Deal with Robert Herjavec closed
- Continued selling through online channels
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