Radiate Portable Campfire Update | Shark Tank Season 9

Radiate is a portable campfire system that was represented on Shark Tank by entrepreneurs, Brent Davidson and Bryan Cantrell. This portable campfire system was designed to be used for tailgating, camping, or even at home in the backyard. Let’s see if the sharks are willing to invest $50,000 for 20% equity before we jump ahead and cover the Radiate update from the present day.

Shark Tank Radiate Update

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

A single unit costs about $6 for Radiate to manufacture and build. Units are sold individually for $25 per unit.  Each individual unit can burn for more than six hours before needing to be replaced.

Mark Cuban and Lori Greiner decided to drop out because they believe they’ve invested in a product previously that can burn indefinitely rather than just for only six hours. For those reasons, they both dropped out, however, some of the other sharks were still interested in negotiating.

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 the company had only been operating for less than 30 days before appearing on Shark Tank. Guest shark, Rohan Oza, decided to make the same exact offer. Robert Herjavec offered $100,000 in exchange for 25% equity. Brent and Brian quickly accepted Robert’s offer because of the passion that he expressed toward 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 the show. The company has been doing fairly well since appearing on Shark Tank during Season 9 because of the fact that its website continues to be a main source of revenue as they continue to sell portable campfire systems. Their social media pages are also constantly updated with updates about the company’s progress.

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 Shark Tank Season 9.