Guard Llama Shark Tank Update

Guard Llama Shark Tank Pitch

Joe Parisi and Nick Nevarez appeared on Shark Tank Season 8, Episode 21, which aired on April 14, 2017, with handheld personal security device and subscription service that sends police to your exact location in the click of a button.

Guard Llama is listed in the Services category. In plain terms, the business is described as handheld personal security device and subscription service that sends police to your exact location in the click of a button.

Guard Llama asked the Sharks for $100,000 for 5%, implying a valuation of about $2 million.

On the show, Guard Llama made a listed deal with Barbara Corcoran for $100,000 loan for 18% + $2 royalty per unit sold until repaid.

If treated as straight equity, the listed deal works out to about $555,555.556 implied valuation, down from the original $2 million implied valuation.

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

Guard Llama After Shark Tank

Guard Llama accepted an on-air deal with Barbara Corcoran, but the deal does not appear to have closed after filming. (Guard Llama Shark Tank Blog update

After Shark Tank, the company struggled with customer-service and subscription complaints, including reports from customers who could not get service cancellations handled cleanly. (Guard Llama Shark Tank Blog update

By late 2021, Guard Llama had ceased operations. Later tracking lists the website, app availability and public company presence as inactive. (Guard Llama Shark Tank Tales update

Founder Joseph Parisi also faced legal trouble after the show. That was separate from the pitch itself, but it became part of the company’s post-show story as the business was already going dark. (Guard Llama Shark Tank Blog update

Sources

Sources used for this page: Shark Tank API pitches