Sierra Madre Research

hammock tent

Sierra Madre ResearchDealFitness & SportsWebsiteSpringville, UTS9E1

Pitch Details

Season / Episode

S9E1

Oct 1, 2017

Ask

$175,000

for 15%

Ask Valuation

$1.2M

Deal

$175,000

for 15%

Deal Terms

Amount$175,000
Equity15%
Valuation$1.2M

What Happened Next

Thriving

$4M

reported

  • The deal with Richard Branson did close and he has nothing but high praise for the company.
  • Since airing, they introduced new products: the Ninox – a large flat laying hammock with a bug net attached and the Hot Pocket and the Ember that use solar energy to create heat on cold nights.
  • Richard and Juli helped develop two new water systems in remote villages in Central America to provide them with clean water.
  • Over the years, they introduced more products including freeze dried camp meals and snacks, bug repellent, power packs and literally hundreds of other camping related products.

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