Fire Avert

Name: Fire Avert
Availability: InStock

Deal

device which shuts off power

Season 7 · Ep 12 Home & LifestyleAired January 5, 2016

Fire Avert, the device which shuts off power, landed on the national radar after pitching the sharks in Season 7, and convinced Lori Greiner to invest.

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From the show

The Shark Tank pitch

$300K
Asked for: 7%
Offered equity: $4.3M
Sought valuation: $300K
Deal amount: 10%
Deal equity: $3M
Deal valuation

Peter Thorpe faced the sharks in Season 7, Episode 12 in the episode that aired January 5, 2016. Fire Avert, the device which shuts off power, pitched in the Home & Lifestyle category, one of 260 home & lifestyle businesses to brave the Tank across all 17 seasons.

They came in asking $300,000 in exchange for 7% equity, putting a $4.3M valuation on the business.

Lori Greiner made the deal at $300,000 for 10% equity. That priced the company at $3M, a haircut from the $4.3M the founders walked in asking for, which is how negotiations in the Tank usually go. The structure included a royalty component.

Across Season 7, 66 of 116 pitches ended in a handshake. In the Home & Lifestyle category overall, roughly 68% of pitches have landed a shark across the show's history.

Lori Greiner$300K

Is Fire Avert still in business?

Read our 2026 update on where the company is now.

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Frequently asked questions

Where can I buy Fire Avert?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name.

Did Fire Avert get a deal on Shark Tank?

Yes. Fire Avert closed a deal for $300,000 in exchange for 10% equity, with Lori Greiner.

Which shark invested in Fire Avert?

Lori Greiner invested in Fire Avert ($300,000 total as aired).

What season of Shark Tank was Fire Avert on?

Fire Avert appeared in Season 7, Episode 12, which aired January 5, 2016.

How much was Fire Avert asking for on Shark Tank?

The founders asked for $300,000 for 7% of the company, a $4.3M valuation.

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