Keen Home Shark Tank Update

Keen Home Shark Tank Pitch

Nayeem Hussain and Ryan Fant appeared on Shark Tank Season 6, Episode 20, which aired on February 19, 2015, with app controlled smart air ventillations.

Keen Home is listed in the Software Tech category. In plain terms, the business is described as app controlled smart air ventillations.

Keen Home asked the Sharks for $750,000 for 10%, implying a valuation of about $7.5 million.

On the show, Keen Home made a listed deal with Robert Herjavec for $750,000 for 13%.

If treated as straight equity, the listed deal works out to about $5.8 million implied valuation, down from the original $7.5 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Keen Home After Shark Tank

Keen Home accepted an on-air Shark Tank deal for $750,000 for 13%. The on-air deal closed. The company was acquired by Connect M Technology Solutions for an undisclosed amount. (Keen Home Shark Tank Update

In the update. The company tell Robert about their increase in sales and Just one year after airing, Keen Home gets an update segment in episode 724. (Keen Home Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches