Radiate is a portable campfire system that was pitched on
Shark Tank Radiate Update
- Entrepreneurs: Brent Davidson and Bryan Cantrell
- Business: Portable Campfire System
- Ask: $50,000 for 20% equity
- Result: $100,000 for 25% equity
- Sharks: Robert Herjavec
Brent and Bryan told the sharks that a single unit costs about $6 for Radiate to manufacture and build. Units are sold individually for $25. Each individual unit can burn for more than six hours before needing to be replaced.
Bring the experience of a roaring campfire to your home with Radiate's XL Portable Outdoor Campfire; our mini fire pit is sure to get you in the camping spirit.
Mark Cuban and Lori Greiner both dropped out early because they’d invested in a very similar company and felt that it would be a conflict of interest.
However, Barbara Corcoran decided to make an offer of $50,000 for 25% equity after hearing about the company’s margins and financial record. She did express a little bit of concern about the fact that Radiate had only been operating for less than 30 days before appearing on
Guest shark Rohan Oza decided to make the same exact offer. Robert Herjavec offered $100,000 in exchange for 25% equity. After giving it some thought, Brent and Brian accepted Robert’s offer because of the passion that he expressed for their business.
Now that we know how the negotiations ended, let’s get a quick Radiate update to see how the company has been doing since appearing on
In our Radiate update research, we found that the deal with Robert was finalized. Additionally, after airing on the show the company received a big boost in sales and got a lot of free marketing.
With the exposure from the show and Robert on the team, Brent and Bryan have been able to grow the business to an estimated $2 million a year in revenue.
While we wait for our next Radiate update, be sure to check out the official website.
You can find the other company updates from Season 9 Episode 21 here:
Don’t forget to take a look at our Season 9 products page! We’ve got more company updates from
Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!