Actionglow
DealLED Lighting for Sporting Equipment
Actionglow is a led lighting for sporting equipment that got its big break on Shark Tank in Season 14, and convinced Robert Herjavec to invest.
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From the show
The Shark Tank pitch
- $200K
- Asked for
- 15%
- Offered equity
- $1.3M
- Sought valuation
- $200K
- Deal amount
- 30%
- Deal equity
- $667K
- Deal valuation
Founder Garret Porter and Dakota Porter stepped onto the carpet in Season 14, Episode 7 in the episode that aired November 18, 2022. Actionglow, the led lighting for sporting equipment, pitched in the Sports & Outdoors category, one of 154 sports & outdoors businesses to brave the Tank across all 17 seasons.
The ask was $200,000 for 15% of the company, an implied valuation of $1.3M.
Robert Herjavec made the deal at $200,000 for 30% equity. That priced the company at $667K, a haircut from the $1.3M the founders walked in asking for, which is how negotiations in the Tank usually go.
Season 14 saw 87 pitches, and 62 of them closed a deal on air. In the Sports & Outdoors category overall, roughly 64% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Actionglow?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.
Did Actionglow get a deal on Shark Tank?
Yes. Actionglow closed a deal for $200,000 in exchange for 30% equity, with Robert Herjavec.
Which shark invested in Actionglow?
Robert Herjavec invested in Actionglow ($200,000 total as aired).
What season of Shark Tank was Actionglow on?
Actionglow appeared in Season 14, Episode 7, which aired November 18, 2022.
How much was Actionglow asking for on Shark Tank?
The founders asked for $200,000 for 15% of the company, a $1.3M valuation.
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