Extreme Vehicle Protection Shark Tank Update

Extreme Vehicle Protection Shark Tank Pitch

Kenny Lerner and Matthew Harris appeared on Shark Tank Season 7, Episode 28, which aired on May 13, 2016, with giant plastic bag to protects cars from extreme weather conditions.

Extreme Vehicle Protection is listed in the Travel Auto category. In plain terms, the business is described as giant plastic bag to protects cars from extreme weather conditions.

Extreme Vehicle Protection asked the Sharks for $50,000 for 20%, implying a valuation of about $250,000.

On the show, Extreme Vehicle Protection made a listed deal with Daymond John for $50,000 for 33%.

If treated as straight equity, the listed deal works out to about $151,515.152 implied valuation, down from the original $250,000 implied valuation.

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

Extreme Vehicle Protection After Shark Tank

Extreme Vehicle Protection accepted an on-air Shark Tank deal for $50,000 for 33%. Follow-up reporting lists the company as still operating after its Shark Tank appearance. (Extreme Vehicle Protection Shark Tank Update

Products from Extreme Vehicle Protection are also still available on Amazon. (Extreme Vehicle Protection Shark Tank Update

Looking back from 2021, the company has added many new products, including windshield hail protection covers, equipment storage, furniture storage and more. (Extreme Vehicle Protection Shark Tank Update

The official website for Extreme Vehicle Protection is listed as extremevehicleprotection.com. (Extreme Vehicle Protection website

Sources

Sources used for this page: Shark Tank API pitches