Car Next Door
DealPeer-to-peer car rental, a system which people rent privately owned vehicles on an hourly or daily basis to other registered users
Pitched by Will Davies & Dave Trumbull
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From the show
The Shark Tank Australia pitch
- A$300K
- Asked for
- 4%
- Offered equity
- A$7.5M
- Sought valuation
- A$300K
- Deal amount
- 4%
- Deal equity
- A$7.5M
- Deal valuation
Will Davies & Dave Trumbull brought Car Next Door into the Shark Tank Australia in season 2, episode 2, pitching peer-to-peer car rental, a system which people rent privately owned vehicles on an hourly or daily basis to other registered users.
They asked the sharks for A$300K for 4% of the company. That valued the business at A$7.5M.
Car Next Door reached a recorded on-air agreement with Steve Baxter at A$300K for 4%. This records the accepted terms, not confirmation that funding was completed.
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