Revo Lights

RevoLights - Cycling

Revo LightsDealFitness & SportsWebsiteEmeryville, CAby Kent FrankovichS5E19

Pitch Details

Season / Episode

S5E19

Mar 7, 2014

Ask

$150,000

for 10%

Ask Valuation

$1.5M

Deal

$300,000

for 10%

Watch the Pitch

Deal Terms

Amount$300,000
Equity10%
Valuation$3M

What Happened Next

Operating
0
  • Deal with Robert Herjavec for $300K/10%
  • Raised additional $1M from angel investors 2014
  • Expanded to Brazil, Singapore, South Africa by 2016
  • Shut down in 2019
  • Customers told lights on backorder for 7 months

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