New Eye Company
DealWorkplace safety glasses that support prescription lenses through foil inserts
Pitched by Andy Mehringer
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The Shark Tank Australia pitch
- A$150K
- Asked for
- 20%
- Offered equity
- A$750K
- Sought valuation
- Not recorded
- Deal amount
- Not recorded
- Deal equity
- —
- Deal valuation
Andy Mehringer brought New Eye Company into the Shark Tank Australia in season 2, episode 9, pitching workplace safety glasses that support prescription lenses through foil inserts.
They asked the sharks for A$150K for 20% of the company. That valued the business at A$750K.
New Eye Company reached a recorded on-air agreement with Steve Baxter, Andrew Banks and Glen Richards; the deal amount is not recorded; the equity stake is not recorded. This records the accepted terms, not confirmation that funding was completed.
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