Sand Cloud

beach towels supporting ocean sustainability

Sand CloudDealFitness & SportsWebsiteSan Diego, CAS8E18

Pitch Details

Season / Episode

S8E18

Feb 24, 2017

Ask

$200,000

for 8%

Ask Valuation

$2.5M

Deal

$200,000

for 15%

Watch the Pitch

Deal Terms

Amount$200,000
Equity15%
Valuation$1.3M

What Happened Next

Thriving

$30M

Estimated annual revenue $20M-$30M+

  • Appeared on Season 8; deal with Robert Herjavec for $200K for 15%
  • Turkish-style beach towels and lifestyle accessories with a marine conservation mission
  • Revenue grew from under $1M to over $20M annually
  • Donated 10% of profits to marine conservation organizations
  • Built a massive social media following (1M+ Instagram) and strong direct-to-consumer brand

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