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Radiate Shark Tank Update

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Are you sitting at a campsite, on a cold winter night and don’t have a source to save you from the frostbite? Well, why don’t you try this portable and reusable campfire? Presenting Radiate, developed by Brent Davidson and Bryan Cantrell for the lovers of camps.

This product is ideal for anyone who wants to make their camping experience an environmentally friendly one. The other benefit of the product is it is reusable in nature. Let’s see how this product was created.   

Index:

Founder Story:

The founders of this campsite must-have product, are Brent Davidson and Bryan Cantrell who came up with the idea for this portable campfire after looking and experimenting with the wastage created by their first business venture Fleur de Spa. To their surprise, this experimental product was a success and soon became a reality and was loved by the customers.

The experiment they carried out was rather simple. After trying out the idea of creating giant wax candles out of the excess wax, this turned out to be a messy and bulky task, so Bryan tried to combine wax and paper in an old cookie tin, and finally, the idea was born.   

Radiate at a glance:

Business ideaReusable, portable campfire
FounderBrent Davidson and Bryan Cantrell
Asked for$5,00,000 for 20%
Accepted deal$100,000 for 25%
SharksRobert Herjavec
Business statusIn business
EpisodeSeason 9 Episode 21
Website Radiate
Buy on AmazonBuy Now!
Radiate at a glance

Did Radiate get a deal on Shark Tank?

The team of radiate is successful in heating up the pitch in front of the sharks. The two founders enter the shark tank seeking an investment of $50,000 for 20%. The company starts by explaining the history behind the product and lights up a box of radiate to show a demo. The next thing, that happens is the samples are distributed and Robert lights up his campfire. Next, the manufacturing cost and selling price of the product is disclosed.

Lori believes that the six hours of burn time Is too short. While the other sharks disagree and say that six hours is a long time. One of the sharks compares the radiate product to that of Instafire. The sharks are told that Instafire is a product that starts a traditional fire but does not replace it. Till today the team at radiate has successfully shipped 11,000 units of the product out of which 400 the units were sold as part of the Kickstarter campaign and crowdfunding.

The sharks are curious and have a range of questions to ask the pair. Lori was the first one to ask whether they have a campfire, the answer is yes. Robert wants to know whether the product is allowed to be used where campfires are prohibited, the answer is mostly yes, Finally, Barbara wants to know whether the box gets hot. The answer is yes, they have put a warning sign on the box for the same.

Then the offers come like wildfire. The first one to give an offer is Barbara who says $50,000 for 25%. Mark thinks the product is too heavy, he’s out. Next comes Lori who thinks there is a conflict with Instafire. Rohan is the next one to match any offer to that of Barbara and Robert isn’t behind to do the same. After chatting with Rohan, Robert ups the deal to $100,000 for 25%. The Radiate quickly accepts. Brent and Bryan get a deal of $100,000 for 25% with Robert and Rohan    

What happened to Radiate after Shark Tank?

The product saw their appearance on the shark tank really paid off as their product was selling like hot cakes in many of the retail stores around the country. The deal with Robert and Rohan closed. This meant the sales saw a big spike after the shark tank episode. They got positive reviews online as well to boost their sales even further.

The company finally held a small celebration where they lighted candles made of wax once it got dark and the guest Robert was happy with the celebrations.  

Product:

  • The product is packaged in recyclable materials like recycled paper pulp that is soaked in soy wax.
  • The box in which the campfire is lit has a diameter of 8 inches.
  • The fire once lit, lasts for 3-5 hours
  • The fire lit does not leave any residue or smoke after being lit.
  • Suitable for cooking marshmallows and hotdogs.
  • The product is totally sustainable.
  • The two ways to extinguish the fire are:
    • 1. Cover the box on which the fire is lit with the lid to provide
    • 2. Douse the fire with water, So that it can relight the fire.

Competitors Of Radiate:

These are the competitors of Radiate:

  • REI                           
  • LL Bean                                
  • Merrell                            
  • Orvis
  • Evo                                     \
  • Eddie Bauer                                     
  • Solo Stove and many more.

What is the net worth of Radiate?

The net worth of the company Radiate is $400,000 at the time of the Shark Tank’s appearance.

Is Radiate still in business?

Yes, Radiate is still in business and is all set and heated up to serve their customers, The business is successful in terms of sales and is loving to be the significant fire source for all their customers who spread the warm love. The business is radiating in sales and wants to grow. The business has been successful after their air of shark tank. This portable product aims to glow throughout the nation and worldwide.

Radiate Social Links:

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What is Radiate?

Radiate is a Reusable, portable campfire. This product is ideal for anyone who wants to make their camping experience an environmentally friendly one. The other benefit of the product is it is reusable in nature.

Who founded Radiate?

The founders of this campsite must-have product, are Brent Davidson and Bryan Cantrell who came up with the idea for this portable campfire after looking and experimenting with the wastage created by their first business venture Fleur de Spa.

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