Kisa Phone
DealEasy to use mobile phone for the elderly
Pitched by Dennis, Dimitri & Leon
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The Shark Tank Australia pitch
- A$200K
- Asked for
- 5%
- Offered equity
- A$4M
- Sought valuation
- A$100K
- Deal amount
- 10%
- Deal equity
- A$1M
- Deal valuation
Dennis, Dimitri & Leon brought Kisa Phone into the Shark Tank Australia in season 2, episode 11, pitching easy to use mobile phone for the elderly.
They asked the sharks for A$200K for 5% of the company. That valued the business at A$4M.
Kisa Phone reached a recorded on-air agreement with Naomi Simson at A$100K for 10%. This records the accepted terms, not confirmation that funding was completed.
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