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FireHalo
Deal
Tool to protect buildings during a bushfire flying ember attack
Season 5, Episode 3
12-Sep-23
Lithgow, NSW
Uncertain/Other
Entrepreneur Details
Entrepreneurs
Frank & Frank
Gender
Male
Average Age
Middle
Viewers
261000M viewers
Website
firehalo.com.au
The Ask
A$100,000
for 20% equity
Implied valuation:
A$500,000
The Deal
A$150,000
for 33% equity
Deal valuation:
A$454,545
+50.0% vs ask amount
Equity changed by
+13.0%
Shark Investment (1 shark)
Robert Herjavec
Investment
A$150,000
Equity
33%
Additional Details
Pitch #
224
Season
29-Aug-23 – 17-Oct-23
Sharks in Deal
1
Royalty Deal
No
Deal Conditions
No
Mentorship
No
Multiple Entrepreneurs
Yes
Panel Composition
Steve
Janine
Andrew
Naomi
Glen