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Vengo
Deal
slim digital vending machine
Season 7, Episode 22
18-Mar-16
New York, NY
Food and Beverage
Entrepreneur Details
Entrepreneurs
Steven Bofill and Brian Shimmerlik
Gender
Male
US Viewership
6.13M viewers
Website
vengolabs.com
The Ask
$2,000,000
for 12.5% equity
Implied valuation:
$16,000,000
The Deal
$2,000,000
for 10% equity
Deal valuation:
$20,000,000
+0.0% vs ask amount
Equity changed by
-2.5%
Shark Investments (2 sharks)
Lori Greiner
Investment
$1,000,000
Equity
5%
Kevin O Leary
Investment
$1,000,000
Equity
5%
Additional Details
Pitch #
581
Season
25-Sep-15 – 20-May-16
Sharks in Deal
2
Royalty Deal
No
Loan
$2,000,000
Deal Conditions
No
Multiple Entrepreneurs
Yes
Panel Composition
Barbara
Mark
Lori
Robert
Daymond
Kevin