Radiate Shark Tank Update

Radiate Shark Tank Pitch

Brent Davidson and Bryan Cantrell appeared on Shark Tank Season 9, Episode 21, which aired on January 27, 2018, with reusable, portable campfire.

Radiate is listed in the Fitness Outdoors category. In plain terms, the business is described as reusable, portable campfire.

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

On the show, Radiate made a listed deal with Robert Herjavec for $100,000 for 25%.

If treated as straight equity, the listed deal works out to about $400,000 implied valuation, up from the original $250,000 implied valuation.

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

Radiate After Shark Tank

Radiate closed its on-air deal and converted the episode into a noticeable sales spike for the portable campfire tins. (Radiate Shark Tank Update

The product also picked up news coverage after Shark Tank, which helped validate it as a camping/tailgating convenience product rather than only a TV novelty. (Radiate Shark Tank Update

The company continued selling through its official store, keeping the brand focused on portable, reusable outdoor fire products. (Radiate Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches