Lavabox on Shark Tank

Lavabox makes portable campfires that provide a fire-like experience in compact, transportable units. They are designed for campers and outdoor enthusiasts who want a campfire where wood fires are inconvenient or restricted.

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⏱ Lavabox in 30 seconds

The ask$200K for 10%Valued at $2M
In the tankDeal: $200K for 12.5%With Lori
After the showNot confirmedNo public record either way
TodayStill in business

Lavabox Shark Tank deal

Asked for: $200,000 for 10%
Asking valuation: $2M
Result: Deal
Final deal: $200,000 for 12.5%
Deal valuation: $1.6M
Shark: Lori Greiner
Founders: Josh Thurmond
From: CO
Aired: Mar 31, 2023

Asked

$2M

Got

$1.6M

Would you have invested in Lavabox?

The pitch

Josh Thurmond from CO pitched Lavabox in Shark Tank Season 14, Episode 18 (aired Mar 31, 2023). They asked for $200,000 in exchange for 10% equity, valuing the business at $2M. The entrepreneurs walked away with a deal from Lori Greiner: $200,000 for 12.5%. That put the final valuation at $1.6M, 20% below what they originally asked for.