Night Runner270
lights for shoes to be used by runners at night
Pitch Details
Season / Episode
S8E3
Oct 7, 2016
Ask
$200,000
for 10%
Ask Valuation
$2M
Deal
$200,000
for 15%
Watch the Pitch
Deal Terms
Amount$200,000
Equity15%
Valuation$1.3M
Loan$150,000
Robert HerjavecWhat Happened Next
Deal Fell Through
Both parties mutually decided not to proceed; founders didn't need the investment after post-show sales surge; Herjavec's team also offered fewer dollars for same equity
Operating
$5M
estimated
- Appeared on Season 7; deal with Lori Greiner for $250K for 20%
- LED lights that clip onto running shoes for nighttime visibility
- Available on Amazon and in running specialty stores
- Expanded product line with improved versions
- Continued as a niche running safety product
Get updates on Night Runner270