Polar Pro

accessories and filters for digital photography and drones

Polar ProDidn't CloseTechnologyS7E8

Pitch Details

Season / Episode

S7E8

Nov 13, 2015

Ask

$500,000

for 10%

Ask Valuation

$5M

Deal

$1M

for 20%

Watch the Pitch

Deal Terms

Amount$1M
Equity20%
Valuation$5M

What Happened Next

Deal Fell Through

Deal with Mark Cuban and Robert Herjavec never closed

Thriving

$20M

Estimated annual revenue in the tens of millions

  • Deal closed with Mark Cuban and Robert Herjavec for $1 million for 20% equity
  • On track for $5.6 million in sales in 2015; expanded to a full camera gear line
  • Retail presence in dive shops and camera shops across USA and Canada; estimated net worth $15 million

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